Added to YB: 2024-02-02
Pitch date: 2024-02-01
KR [bullish]
The Kroger Co.
+63.94%
current return
Author Info
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Company Info
The Kroger Co. operates as a food and drug retailer in the United States. It operates supermarkets, pharmacies, and fuel centers.
Market Cap
$43.2B
Pitch Price
$44.55
Price Target
59.98 (-18%)
Dividend
1.98%
EV/EBITDA
7.20
P/E
45.81
EV/Sales
0.44
Sector
Consumer Staples Distribution and Retail
Category
special_situation
Show full summary:
With The Merger Between Albertsons And Kroger Almost Certain To Fail, I Smell A Discount
ACI -29% from KR's $34.10 deal price on high regulatory risk, but cheap at 6x forward P/E vs peers ~10x. KR+ACI committed to H1 '24 close w/ price cuts, worker benefits. ACI a buy: limited downside if deal fails, 40% upside if it closes.
Read full article (6 min)