Kroger Co (KR) Stock AnalysisKRKroger Co

The Kroger Co. is a food and drug retailer. The Company operates supermarkets, multi-department stores and fulfillment centers throughout the United States. It operates approximately 2,697 supermarkets, 2,250 pharmacies and 1,731 fuel centers in over 35 states and the District of Columbia while also operating online through a digital ecosystem to offer customers an omnichannel shopping experience. The Company also manufactures and processes food for sale in its supermarkets and online. It offers Pickup and Harris Teeter ExpressLane personalized, order online, pick-up at the store services at approximately 2,408 of its supermarkets and provides delivery, which allows it to offer digital solutions to its customers. Its delivery solutions include orders delivered to customers at retail store locations, customer fulfillment centers and orders placed through third-party platforms. The Company also offers customer-facing apps and interfaces. It operates in the Consumer Non-Cyclicals sector (RETAIL-GROCERY STORES industry).

Kroger Co. (KR) is currently priced at $57.72, which is below several analyst price targets, including $78 from Evercore ISI and $61 from Citi. However, the stock has seen a significant year-to-date decline of 8.32% and a one-year drop of 15.91%, indicating potential volatility. The RSI is at 52.58, suggesting it is neither overbought nor oversold. The primary risk is the recent negative earnings report, where the EPS was -2.02, which could impact investor sentiment.

25 analysts cover KR: 9 rate it Buy, 14 Hold and 2 Sell. The average price target is 75.00.