Taking a Look at the Data Behind The Kroger Co. (KR)

The Kroger Co. (KR) is an interesting player in the Services space, with a focus on Grocery Stores. The stock has been active on the tape, currently trading at $27.45, down from yesterday’s close by -0.72%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

The Kroger Co. (KR) currently trades with a market capitalization of $24.37 Billion. That value represents a market adjusting for revenues that have been growing by 4.49 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $383 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.61 on a per share basis this quarter. Perhaps, that suggests something about why 1.19% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, The Kroger Co. recorded a 52-week high of $34.99. It is now trading 7.54% off that level. The stock is trading $23.99 its 50-day moving average by -3.46%. The stock carved out a 52-week low down at $19.69.

In recent action, The Kroger Co. (KR) has made a move of +6.15% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.03, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 4.80% with $876.34 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of KR.

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