Wells Fargo analyst Edward Kelly maintains $The Kroger (KR.US)$ with a buy rating, and adjusts the target price from $65 to $70.
According to TipRanks data, the analyst has a success rate of 65.6% and a total average return of 9.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $The Kroger (KR.US)$'s main analysts recently are as follows:
While Kroger's Q3 update fell slightly short of optimistic expectations, its fundamental improvements were substantial enough to maintain positive sentiment. The company's increasing momentum and significant repurchase opportunities are expected to propel earnings per share and stock value upwards.
Should the Albertsons acquisition proceed, a potential for double-digit earnings growth and over 30% increase in free cash flow is predicted, aided by optimizing Albertsons' working capital. Conversely, if the merger does not materialize, Kroger remains with $6B in debt, which could underpin the stock price and promote earnings growth through stock buybacks. Moreover, Kroger has experienced a sequential improvement in foot traffic and a structural enhancement in the profitability of its fuel sector since before the pandemic.
The company is poised to reaffirm its earnings targets for fiscal 2025, although further valuation expansion might necessitate more robust grocery market share trends or positive adjustments in earnings forecasts. The pending merger with Albertsons remains somewhat ambiguous, and the anticipated benefits or drawbacks from either outcome of the merger appear to be already factored into Kroger's current stock valuation.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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富國集團分析師Edward Kelly維持$克羅格 (KR.US)$買入評級,並將目標價從65美元上調至70美元。
根據TipRanks數據顯示,該分析師近一年總勝率為65.6%,總平均回報率為9.1%。
此外,綜合報道,$克羅格 (KR.US)$近期主要分析師觀點如下:
儘管Kroger的第三季度更新略低於樂觀預期,但其基本改善已足夠顯著,以維持積極的情緒。公司不斷增長的動力和重大的回購機會預計將推動每股收益和股票價值上升。
如果阿爾伯森斯的收購進展順利,預計有望實現兩位數的盈利增長,並且自由現金流有望增長超過30%,這得益於優化阿爾伯森斯的營運資本。相反,如果合併未能實現,Kroger將繼續面臨60億美元的債務,這可能會支撐股價,並通過股票回購促進盈利增長。此外,自疫情爆發前起,Kroger的客流量有所改善,並且其燃料板塊的盈利能力也有結構性提升。
公司準備在2025財年確認其盈利目標,儘管進一步的估值擴張可能需要更穩固的雜貨市場份額趨勢或盈利預測的積極調整。與阿爾伯森斯的即將合併仍然有些模糊,而對合並的任何結果的預期收益或風險似乎已經被納入Kroger當前的股票估值中。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否,取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
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