Kroger (KR) is currently under the spotlight with various factors at play. The company has seen a drop in its stock, with metrics suggesting its shares could be 32% below their intrinsic value. However, some traders see potential, especially with an 'Outperform' rating and a price target of $73 given. It is recognised for having a strong workplace mental health program and has scheduled its Q1 earnings date for June 20. Despite adverse market conditions, Kroger has shown resilience, particularly in areas of continuous dividend payouts and resisting market slips. However, Kroger has faced criticism with drivers voting to strike over contract issues, financial growth being called out as low, and a reported lack of competitive moat. On the flip side, Jim Cramer, a well-known market commentator, has shown support for Kroger's continuous upward movement. Initiatives like a substantial job hiring spree and expansion of plant-based offerings indicate a proactive business model. Yet the ceasing home delivery service and alleged pricing errors temper investor expectations.
The Kroger KR News Analytics from Fri, 10 Jan 2025 08:00:00 GMT to Fri, 13 Jun 2025 17:54:24 GMT -
Innovation 3
- Rumor -1
