Kroger Co (KR): Today's Featured Retail Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Kroger ( KR) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 0.9%. By the end of trading, Kroger fell $1.46 (-3.5%) to $40.06 on heavy volume. Throughout the day, 11,179,852 shares of Kroger exchanged hands as compared to its average daily volume of 3,459,300 shares. The stock ranged in price between $39.56-$41.66 after having opened the day at $41.59 as compared to the previous trading day's close of $41.52. Other companies within the Retail industry that declined today were: New York & Company ( NWY), down 14.3%, Wet Seal ( WTSL), down 13.8%, J.C. Penney ( JCP), down 8.4% and Rite Aid Corporation ( RAD), down 6.3%.

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. It operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Kroger has a market cap of $21.9 billion and is part of the services sector. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are up 59.6% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Kroger a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Kroger as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Conn's ( CONN), up 19.4%, Gaiam Inc. Class A ( GAIA), up 4.1%, ALCO Stores ( ALCS), up 2.8% and Fresh Market ( TFM), up 2.7% , were all gainers within the retail industry with Dollar General Corporation ( DG) being today's featured retail industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists