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Trading signal The Kroger Co - KR

US Stock Price Signals and Analysis

Good Morning Traders,

With the close of November 25,  Lift-Off proposes a LONG trading signal on the US stock The Kroger Co (Ticker: KR) listed on the NYSE and part of the S&P500 Index.

The stock closed at USD 48.88 per share, marking a +2.16%.

The company is operating in the "Retailing" industry specifically in the "Food Retailing Industry"

Financial robustness data very good, but the Cash-To-Debt figure is 0.11 the WACC vs ROIC excellent, ROIC positive, The financial stress indicators are very positive.

The profitability level data is good, the data compared to companies in the same industry is good, and  slightly worse than its past. the ROE definitely positive with a 25.82%.

The 3-year future projection is seen to be upward from current prices.

Right now the price is moderately overvalued relative to the intrinsic value attributed to it, but the stock is defensive in these market moments.

Year-over-year turnover is growing steadily, except for a slight loss recorded in 2018, net income fluctuating but with double-digit percentage changes, in 2021 profit was down from the previous year. Invoice in Q2'22 is down from Q1'22, but up  YoY by +9.33%.

While net income is up sharply at every reading from Q3'21  and up sharply YoY with a +56.71%.

Debt down slightly in 2021 after peaking in 2019. In Q2'22, net debt decreased -0.36% to US$18.19B with a decrease of US$66.00M

Cash flow (FCF) increasing YoY, but in 2021 the company recorded ana decrease of -5.39%. In Q2'22 it had a marked increase in FCF compared to the previous quarter and an increase of +35.90% YoY. In Q3'21 the increase in FCF was +5919.05% YoY.

Next earnings announcement for Q3 2022:December 01, 2022 - EARNINGS ATTAINING

Below chart of The Kroger Co - KR - with the signal detected by Lift-Off 

Some information about The Kroger Co

The Kroger Co. engages in the operation of supermarkets and department stores. Its brands include Big K, Check This Out?, Heritage Farm, Simple Truth and Simple Truth Organic. The company was founded by Barney Kroger in 1883 and is headquartered in Cincinnati, OH.
 

Financial Overview: KR's current market capitalization is $35,103B USD. The company's TTM EPS is 3.33 USD, dividend yield is 2.12% and PE is 14.57. The next earnings release date for Kroger Company (The) is December 1. The estimate is 0.81 USD.

Accounts, including sales, expenses, profit and loss: KR's total sales for the latest quarter is 34.64B USD, down 22.34% from the previous quarter. Net income in Q2 22 is 724.00M USD.

Overview data and accounts source: Tradingview.com

Signal board of November 28, 2022

LONG - The Kroger Co - KR

Entry price: USD 48.88 (and any opening price)

CAUTION: reduce risk as the trade is against the main trend and to earnings coming in a few days.