Kroger Co (KR): Today's Featured Retail Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
.
(
) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day down 0.1%. By the end of trading, Kroger rose 25 cents (1%) to $24.86 on average volume. Throughout the day, 4.6 million shares of Kroger exchanged hands as compared to its average daily volume of 5.7 million shares. The stock ranged in a price between $24.50-$24.98 after having opened the day at $24.61 as compared to the previous trading day's close of $24.61. Other companies within the Retail industry that increased today were:
(
), up 7.5%,
(
), up 6.6%,
(
), up 4.8%, and
(
), up 4.3%.
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The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. Kroger has a market cap of $13.18 billion and is part of the services sector. The company has a P/E ratio of 22.1, above the S&P 500 P/E ratio of 17.7. Shares are up 3.1% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Kroger a buy, two analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates Kroger as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Kroger Ratings Report.
On the negative front,
(
), down 10.2%,
(
), down 6.5%,
(
), down 5.8%, and
Natural Grocers by Vitamin Cottage
(
), down 5%, were all laggards within the retail industry with
(
) being today's retail industry laggard.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
(
) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!
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