Kroger
@KR - BUY BASED ON CCI 20 CLOSEBUY ONLY FOR THIS ONE...
@KR
ESTIMATED EPS USD 0.49 - WILL BE UPDATED ON 10 SEP 2020
LAST EPS USD 1.54
LAST DIVIDEND PER SHARE USD 0.16
Kroger still has that $35 Threshold to PassFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. Last time I was WRONG. I was predicting Kroger was going to peak at $35, and it peaked at $34.50. Sorry, if you made $0.50 less as a turnover :). I became way better recently getting closer to these targets with confidence intervals, sine waves, resistance lines, and even looking at bollinger bands and/or moving averages. That being said, the real point of this post is that it looks like Kroger still has that $35 price point threshold it needs to pass. I am bullish on it for a low risk strategy.
Kroger: $35 Short Target CallFirst off, please don't take what I say seriously or at face value, as always, it is all on opinion basis. That being said, let me get into my insights. I believe, realistically that Kroger is a conservative low risk stock hold position, and that a $35 price target is imminent. The supply and demand curve these days for grocery shopping is seemingly spiking, and the buy support has been strong.
Kroger bounce for a long Kroger daily chart shows buying on monday after early morning hours of falling but ended the day with buyers holding
KR at Bottom Resistance LevelKR is working on completing a long-term bottom formation. The recent compression of price may result in a breakout with momentum.
Still My Favorite Income Stock...KrogerKR I hope some took my earlier posts about KR Kroger to heart (linked), because I truly believe this is a great stock to own in an income, long term portfolio. Recent dividend hike to .16 per share quarterly, plus the added capital gains from stock price action make this a profitable stock if you own in the 20's as I do. There is still room to run upward, and as the daily chart shows there was a breakout of downtrend resistance today. Attached a weekly shot below to get a better idea of the consolidation pattern and most recent support touch. In short, I like where this stock and this company are headed in the online grocery wars to come, and with an increasing dividend, now is the time to get in and forget you own it for a while. Happy hunting and GLTA!!
Kroger 2019 UptrendRSI and MA anticipating an uptick in Kroger given that the earnings were in line with last year and the stock is oversold. Investors are likely to see this as undervalued over the next few months. Beware the eventual consolidation that will follow towards the end of the year and as the stock adjust to fall back in line with downward trend.
GO LONG KR (KROGER CO)!!!OVERSOLD INTO MAJOR SUPPORT.
FIRST TARGET GAP WINDOW
SECOND TARGET GAP FILL.
SHORT Position on KR with 3 targetsYou can still short KR here with 3 targets set looking at this stock to fall a bit here. Can easily see trend line from recent form and see tops. Enter and exit position is in the green box.
Targets are set at lines of resistance as well as fib line.
Ticker has a "sell" tab on the meter on this site, and I see it only helping the cause. Don't be bashful to short something when the market in general is moving upward and this stock is still diving. Get in and out quickly here.
Kroger: Potential 240M CD leg up for +40% upsideThe US consumer staples sector is the worst performing sector YTD and poor old Kroger is -50% over 2 years. Think Kroger has completed a downside ABCD and has made a higher high which is setting up for a CD leg up to $34 region. The broader equity market looks like it is losing steam and it is time to look for defensive. You still buy your milk and bread from the grocer, nothing has changed even with AMZN buying out Whole Foods. Remember Webvan? Cos I do and so far, I have not seen a company make money on cold chain same day delivery. Buy bonds buy Kroger period.
KROGER Consolidating Bearish Momentum.It seems Kroger share price has been forming a bearish base. A new bearish leg in the short run may be seen. Target: $20.80-$21.10.
Good luck fellow traders.
Kroger Short-Term RetracementI am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader.
I think Kroger will have a brief retracement, or go sideways for the next few days or couple of weeks. Today (Monday, January 22, 2018) it formed a Hanging Man Candlestick. This is often a sign of reversal, but not always. The green trendline (bottom) I have drawn is based off the bottom wicks/shadows/tails of candlesticks (primarily January 04 and January 10 of this year). The orange trendline (top) is drawn off the actual bodies of candlesticks, rather than their wicks. Either of these could provide a support base for Kroger to once again continue bullish; or again go up only to hit pause on the blue horizontal line ($29.78ish) which seems to have snagged it as resistance for the past couple of trading days, but was also briefly acting as support back in June 2017.
I don't currently hold any positions in Kroger, but may consider a Put or two if it does start to follow my prediction.
Portfolio Position: Kroger Company (NYSE:KR)Kroger operates over 2,790 retail food stores alongside pharmacies, fine jewelry, health clinics and food production facilities.
The company's share price has suffered in the past 2 years on behalf of rising concern of stiff competition and recently on the news of Amazon buying Whole Foods, being seen by analysts as having the most to lose from the tech behemoth's foray into the mass market supermarket grocery industry.
Favorable Factors Impacting Kroger:
Individual Royalties
Kroger has faced off competition with smart pricing performance to enhance their competitive edge and works on expanding stores and facilities to penetrate new markets.
Acquisition Synergies
The company has worked to grow inorganically through strategic acquisitions that fit their grocery and in-store pharmacies, like their recent ModernHEALTH acquisiton.
Foreign Currency
Kroger should benefit from the recent descent in the value of the USD creating a better imports environment and reducing purchasing power for the US Consumer.
Low Inflation
Besides boosting assets prices vs. consumer goods prices, forces retail companies to favor cash hording instead of capital investment. Kroger has seen this effect as stagnant product price growth has limited its natural growth factors and lowered investment.
Oil Prices
The historically low price of oil throughout 2016 and 2017 has been good for retail companies with lower delivery and transportation costs and higher spending by the US Consumer, who look to spend the money saved at the pump with lower gasoline prices. This factor has favorably influenced Kroger's sales and, with oil prices expected to remain relatively low, will remain a favorable condition in the years to come.
Investment Risks:
Competition
Kroger's number 1 risk is competition. With Amazon's $AMZN recent acquisition of Whole Foods there is worry that customers will be drawn away. This is evident by recent reports of traffic monitoring firms, yet I believe these fears are overdone and pricing will remain the major driver and not brand recognition. The company's strong eCommerce capabilities will battle Amazon's Whole Foods.
Pricing Pressure
The company's efforts to compete by lowering prices hurt their bottom line, shrinking 2016 EPS over 30% and 2017 EPS over 11%. Although management has committed to cutting costs and boosting operational efficiency, it's hard to see significant upside until eCommerce maturation.
Conclusion:
I believe the company is way undervalued at current levels.
While you wait, the company pays an easily sustainable $0.125/quarter dividend, amounting to a 2.43% annual yield.
I'm starting the company with a $30 price target into Q2 2018 with a Strong Buy.
Ultimately down the line, I believe Kroger will conservatively be trading over $45/share.
For the full article: seekingalpha.com
Short Put - KRCash flow play here.
Sold $KR $22.5 put for $.32, 1.4% return on capital over the next 25 days. I'll look to rinse and repeat until assigned and then sell calls again.
Bearish on KR - SL 30.50I have put in a sell position on ticker KR due to it flipping a bearish engulfing bar, the RSI slipped below 50, the stochastic has it moving down, and the MACD just did a kiss downward below the 0.00 level (so a negative cross down)
LONG- Kroger breaks 50 day MA. Kroger breaks through 50 day MA on 10/24 and shows as bull flag on the weekly chart. Looking for the bull flag to pull away, stop price low from 10/21 30.65!
Very new to this so just some thoughts from a very beginner investor.
