Kroger stock: buy or sell

KR stock price: $37.19 -0.13% At close on Apr 15th, 2021

Updated on:
Apr 16th, 2021

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Kroger stock brief

  • Kroger stock slightly changed -0.13% to close at $37.19 on the stock market today, after 3 consecutive sessions in negative.
  • The Kroger Co. operates as a retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses.

Should I buy Kroger stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $KR stock a buy?

Currently, Kroger stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $KR in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Kroger stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies allow us to avoid rash decisions based on our personal emotions or the buzz surrounding the market. When selling, as well as buying, our setups are very simple to follow and are only applicable for selling shares in your porfolio, not for selling short Kroger stock

A guiding principle is that you should not hold an open trade that shows a losses greater than those expected by the time of the buy. The moment to sell your stock always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell Kroger stock?

In the current situation of Kroger there is not any eligible sell setup, so Kroger stock holders with operations in green can keep their positions

Kroger ratings

We don't have any rating published in the previous 30 days for Kroger

Kroger stock analysis

SMAs overview

KR stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $38.36 (3.15% above)
  • R2: $38.67 (3.98% above)
  • R3: $42.76 (14.98% above)
  • The current supports are:

  • S1: $37.11 (-0.22% below)
  • S2: $36.81 (-1.02% below)
  • S3: $36.61 (-1.56% below)
  • Bollinger bands

    KR stock Bollinger Bands chart

    Relative strength index

    The has been between the levels of 70 and 30 for many weeks, and therefore, without this indicator really being helpful in making any decisions.

    KR stock RSI chart

    Kroger stock price history

    Kroger IPO was on Jan 3rd, 1977 at $0.06 per share1. Since then, KR stock surged by 61,883.33%, with an average of 1,406.44% per year. If you had invested $1,000USD in Kroger stock on the IPO, it would have a value of $619,833.33 today.

    1: Adjusted price after possible price splits or reverse-splits

    KR stock price history chart

    Price target for Kroger stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are issued every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions release their price predictions based on the stock price action and the company fundamental data. Most of these estimates follow the release of new financial information by the company, and many times. If you are a small trader you shouldn't trade based on these predictions.

    We don't have any target price posted in the previous month for Kroger.

    Earnings and financials

    Kroger ($KR) had the investors call and posted the report in early March. Kroger topped consensus earnings estimates and posted of $0.81, that is a 17.39% improvement compared to the predictions of $0.69. Even so, reported revenues of $30.7 billion were in line with Wall St. predictions.

    This compares to Earnings of $0.57 per share a year ago, so current EPS is an increase of 42.11%. Looking at revenues, figures inched a 6.38% compared to $288.9B year over year.

    Kroger ($KR) will host the Q1 earnings call next June. Estimated for this quarter is $1.00, compared to $0.81 that was reported for Q4.

    Kroger performance

    KR performance compared
    Company1m3m6m
    Kroger ($KR) 3.90% 16.60% 9.30%

    Important:
    The thoughts given in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not know the particular conditions of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are expressed for general educational motives only

    Kroger summary

    Thursday, April 15th, 2021
    Open$37.39
    Close$37.19
    Day range$36.97 - $37.62
    Previous close$37.24
    Session gain-0.13%
    Average true range$1.24
    50d mov avg$35.00
    100d mov avg$33.60
    200d mov avg$33.60
    Earnings dateJune 17th, 2021

    Frequently asked questions

    What is Kroger stock symbol?

    The Kroger Co. is a public company trading in the US stock market with the KR symbol

    Is Kroger stock a buy or sell?

    Kroger had no ratings in the last 30 days Read the article to get additional tips on trading KR stock.

    Will KR go up?

    There were no predictions published by analysts in the last 4 weeks for Kroger.