Company Update (NYSE:KR): Customers Can Win Free Fuel for One Month with Kroger’s #FuelPointsSweeps

[PR Newswire] – With Kroger’s fuel points and the current low prices of retail fuel in many parts of the country, some customers could spend as little as 1¢ per gallon to fill up their tanks. “With so many ways to save on fuel at Kroger, we’re inviting our customers to share just how low they can go,” said Mike Donnelly, Kroger’s executive vice president of merchandising. From February 3 through February 16, Kroger family of stores customers can participate in an event to win free fuel for a month by sharing photos that answer “How Low Can You Go?” with fuel points at company fuel centers. Read more on this. The Kroger Co. (KR) , currently valued at $35.93B, opened this morning at $36.66. Looking at the stock, its one day range is $36.50 to $36.97 and has traded between $27.32 and $42.75 over the past year. KR shares are currently priced at 17.80x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 14.34x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $0.42 per share annually in dividends, yielding 1.13%. Consensus earnings for the current quarter by the 22 sell-side analysts covering the stock is an estimate of $0.54 per share, which would be $0.02 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $2.06 which would be a $0.30 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $26.35 Billion. If reported, that would be a 4.52% increase over the year-ago quarter. More recently, Wells Fargo Initiated KR at Outperform (Dec 18, 2015). Previously, Macquarie Initiated KR at to Neutral. Given all the information above, we should disclose to readers that the average price target is $44.31, which is 20.87% above than it opened this morning. See more in (NYSE:KR) Similar Articles: Company Update (NYSE:KR): Kroger to Host 2015 Investor Conference Stock Update (NYSE:KR): Kroger Invites Customers to Experience The Authentic Flavors of Italy Company Update: The Kroger Co (NYSE:KR) – Kroger Second Quarter Conference Call with Investors