Kroger Company moved 0.5% this evening session, trading between a high of $45.295 and a low of $44.83 per share. Yesterday the stock finished at $44.62 per share, compared to an average analyst target price of $50.37.
The Kroger Co. operates as a food and drug retailer in the United States. The large-cap food chains company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.4%. Kroger Company has trailing twelve months earnings per share (EPS) of 2.24, which at today's prices amounts to a price to earnings (P/E) ratio of 20.0.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.23. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-03-29 | 137,888,000 | -108,384,000 | 21 | -8.7 |
| 2021-03-30 | 132,498,000 | -102,471,000 | 23 | 9.52 |
| 2020-04-01 | 122,286,000 | -96,178,000 | 21 | 0.0 |
| 2019-04-02 | 121,852,000 | -95,987,000 | 21 | -4.55 |
| 2018-04-03 | 123,280,000 | -96,722,000 | 22 | 0.0 |
| 2017-03-28 | 115,337,000 | -90,383,000 | 22 |
At 21.7%, Kroger Company's average gross margins are wider than the 14.39% average of its industry peer group, which suggests that the firm might have a competitive advantage.
