📈Supermarket Industry Stocks($KR, $CASY, $TGT...) See Impressive 3.99% Average Gain in the Last Month
Retail chains categorized under the 'supermarket' theme primarily focus on offering a vast array of grocery and specialty foods. Key players in this space include names like Weis Markets, Inc., Ingles Markets, Inc., and Kroger. The grocery sector is witnessing heightened competition, particularly with the proliferation of digital platforms in the arena.
Tickers in Industry - $CASY, $TGT, $WMT, $KR, $IMKTA, $VLGEA, $WMK, $NGVC, $SFM
Notable Companies
The most prominent figures in this industry include:
- Walmart (NYSE:WMT)
- Target Corp (NYSE:TGT)
- Kroger Co (The) (NYSE:KR)
Market Capitalization Overview
Group: The group's average market capitalization is a staggering $59.2B. The spectrum for tickers within the group ranges from a modest 284.7M, with NGVC at the lower end, all the way up to an impressive 433.3B with WMT claiming the top spot.
Supermarket Theme: In contrast, the supermarket theme has an average market capitalization of 48.4B. Valuations within this theme span from a mere 48.1K for IFMK to the mammoth 433.3B again dominated by WMT.
Price Movement Highlights
Group:
- Over a week, stocks in the group saw an average growth of 2.04%.
- In a monthly view, the average growth sustained at 2.04%.
- Quarter-over-quarter, the average price growth was noted at 1.67%.
- Standout performer, VLGEA, witnessed the peak price growth of 8.72%. On the other hand, TGT had a setback with the largest drop of -2.84%.
Supermarket Theme:
- Weekly price growth averaged at 0.52%.
- On a monthly scale, there was a decline of -3.86%.
- The quarterly stats show an even steeper decline at -6.71%.
- VLGEA once again emerged as the star with the maximum growth of 8.72%. Conversely, FAMI faced the brunt with the steepest fall of -5.13%.
Volume Metrics
Group:
- Weekly volume growth average was at 45.3%.
- Monthly growth peaked even higher at 50.75%.
- On a quarterly note, the growth was the highest at 64.7%.
- An astounding daily growth was seen for Walmart stock, with a surge of 206% of the 65-Day Volume Moving Average on 8/18/23.
Supermarket Theme:
- Weekly growth was recorded at 5.78%.
- Monthly volume growth was slightly better at 7.05%.
- The quarterly volume growth further improved to 10.86%.
Fundamental Analysis Ratings
The rating scale, where 1 indicates the best and 100 the worst, presents a comprehensive picture of the industry's health. This vital data assists in gauging the potential future growth and stability of these supermarket stocks.
The supermarket industry's stock performance over the last month offers a promising outlook, especially for investors who understand the dynamics of the grocery sector. The rise of digital offerings, the ongoing competitive environment, and the current volume and price growth metrics are all indicators that suggest a favorable scenario for stakeholders.
CASYÂ :Â On October 3, 2023, CASY breached its lower Bollinger Band, hinting at an imminent upward shift. Historically, in 25 out of 31 instances where CASY surpassed this threshold, its stock witnessed a price escalation in the succeeding month. With an 81% probability of maintaining this bullish trend, traders might contemplate purchasing the stock or exploring favorable call options. This pattern suggests a potential rally towards the middle Bollinger Band for CASY in the near future.
TGTÂ :Â Â On September 18, 2023, Target Corp (TGT) registered a negative shift in its Moving Average Convergence Divergence (MACD) Histogram. Typically a bearish indication, this suggests potential stock depreciation in the subsequent days. Historical data from Tickeron's A.I.dvisor reflects that in 26 out of 39 occurrences when such a shift was observed, the stock trended downwards. Given this, there's a 67% likelihood that TGT might experience a decline in the coming days.
WMTÂ :Â On September 29, 2023, Walmart Inc. (WMT) breached its lower Bollinger Band, suggesting a possible upward trajectory soon. Historically, post such breaks, WMT experienced hikes in its stock price in 28 out of 41 instances in the subsequent month. Indicating a 68% probability of this bullish trend persisting, traders might contemplate capitalizing on this momentum either by purchasing the stock or evaluating call options. The anticipation is for WMT to rebound above the lower band and navigate towards the central band.
CASY in upward trend: price expected to rise as it breaks its lower Bollinger Band on December 20, 2024
CASY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 36 cases where CASY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CASY advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 309 cases where CASY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for CASY moved out of overbought territory on November 26, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CASY as a result. In of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CASY turned negative on December 03, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
CASY moved below its 50-day moving average on December 20, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CASY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CASY’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.959) is normal, around the industry mean (12.393). P/E Ratio (25.056) is within average values for comparable stocks, (36.657). Projected Growth (PEG Ratio) (2.144) is also within normal values, averaging (2.650). Dividend Yield (0.005) settles around the average of (0.034) among similar stocks. P/S Ratio (0.809) is also within normal values, averaging (19.235).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
an operator of convenience stores and gasoline stations
Industry SpecialtyStores