Kroger (KR) closed the most recent trading day at $64.46, moving +2.33% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 1.62%. Elsewhere, the Dow lost 1.87%, while the tech-heavy Nasdaq lost 1.98%.
The supermarket chain's shares have seen a decrease of 2.52% over the last month, surpassing the Retail-Wholesale sector's loss of 6.71% and falling behind the S&P 500's loss of 0.03%.
Analysts and investors alike will be keeping a close eye on the performance of Kroger in its upcoming earnings disclosure. The company's earnings report is set to go public on June 18, 2026. On that day, Kroger is projected to report earnings of $1.58 per share, which would represent year-over-year growth of 6.04%. At the same time, our most recent consensus estimate is projecting a revenue of $45.4 billion, reflecting a 0.62% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.24 per share and a revenue of $149.82 billion, indicating changes of +8.04% and +1.47%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Kroger. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Currently, Kroger is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Kroger has a Forward P/E ratio of 12.01 right now. This denotes a discount relative to the industry average Forward P/E of 14.11.
Meanwhile, KR's PEG ratio is currently 1.78. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Retail - Supermarkets industry was having an average PEG ratio of 1.88.
The Retail - Supermarkets industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 200, positioning it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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The Kroger Co. (KR): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).