Kroger Company (The) (NYSE:KR) traded today at a new 52-week high of $45.46. This new high was reached on approximately average trading volume as 5.2 million shares traded hands, while the average 30-day volume is approximately 6.2 million shares.
Kroger is the leading American grocer, with 2,742 supermarkets operating under several banners throughout the country as of the end of fiscal 2020. Around 82% of stores have pharmacies, while over half also sell fuel. The company also operated more than 150 fine jewelry stores at the end of fiscal 2020. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and 40% of its grocery own-label assortment) itself, in 35 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States.
Potential upside of 46.1% exists for Kroger Company (The), based on a current level of $45.43 and analysts' average consensus price target of $66.38.
In the past 52 weeks, shares of Kroger Company (The) have traded between a low of $30.35 and a high of $45.46 and is now at $45.43, which is 50% above that low price.
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