
Kroger (KR) Stock Forecast & Price Target
Kroger (KR) Analyst Ratings
Bulls say
Kroger's non-fuel sales experienced a robust growth of 1.4%, resulting in a substantial $129 million beat, indicative of strong consumer demand and operational effectiveness. The company's projected earnings per share (EPS) is anticipated to reach $5.75 by 2027, supported by an expected EBIT growth of 3-4%. Furthermore, Kroger has maintained stable core gross margins, expanding by 33 basis points on a two-year basis, which underscores its consistent profitability and operational efficiency.
Bears say
Kroger is experiencing a challenging financial environment, indicated by a projected erosion of 5 basis points in core non-fuel gross margins, which may negatively impact profitability. Despite the reported resilience in 2Q earnings, investor sentiment remains tepid due to modest performance against a low expectation backdrop, suggesting difficulties in sustained revenue growth. Additionally, declining food volumes by approximately 15 basis points, alongside food inflation hovering around 1.7%, points to potential pressures on consumer demand and overall sales performance.
This aggregate rating is based on analysts' research of Kroger and is not a guaranteed prediction by Public.com or investment advice.
Kroger (KR) Analyst Forecast & Price Prediction
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