Kroger (KR, Financial) has released updated guidance for its fiscal year 2025, highlighting expectations for several key performance indicators. The company anticipates identical sales growth, excluding fuel, to range from 2.25% to 3.25%. Additionally, Kroger reaffirmed its forecast for adjusted FIFO operating profit, projecting between $4.7 billion and $4.9 billion.
Furthermore, the grocery giant maintains its adjusted free cash flow guidance at $2.8 billion to $3.0 billion. Planned capital expenditures are set between $3.6 billion and $3.8 billion, aiming to support strategic growth initiatives. Kroger also projects an adjusted effective tax rate of 23% for the period.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for The Kroger Co (KR, Financial) is $70.16 with a high estimate of $80.00 and a low estimate of $57.00. The average target implies an upside of 7.09% from the current price of $65.52. More detailed estimate data can be found on the The Kroger Co (KR) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, The Kroger Co's (KR, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for The Kroger Co (KR, Financial) in one year is $52.93, suggesting a downside of 19.22% from the current price of $65.52. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the The Kroger Co (KR) Summary page.