Kroger (KR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
In the latest trading session, Kroger (KR) closed at $55.99, marking a -1.96% move from the previous day.
In the most recent trading session, Kroger (KR) closed at $56.69, indicating a -1.61% shift from the previous trading day.
The latest trading day saw Kroger (KR) settling at $56.54, representing a -0.19% change from its previous close.
KR's plan to hire more than 25,000 associates demonstrates its commitment to exceptional customer service and long-term career opportunities.
Here is how Kroger (KR) and Wingstop (WING) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Special situations like bankruptcies, spin-offs, and mergers offer unique investment opportunities, with the Albertsons-Kroger merger being a notable example. The Albertsons-Kroger deal, valued at $24.6 billion, faces uncertainty due to anti-competitive concerns, but Albertsons' stock remains undervalued. Despite mixed financial performance, ACI's revenue is growing, and its profit margins are decent, making it a strong buy.
In the latest trading session, Kroger (KR) closed at $55.36, marking a +0.27% move from the previous day.
Kroger's well-defined customer segmentation strategy and growth initiatives make it a strong candidate for investment.
The sale of KR's specialty pharmacy to Elevance Health enables the company to focus on core strengths while enhancing patient care and supporting growth.