Kroger Stock Surges 175% in Trading Volume, Ranks 126th in Daily Market Turnover

On April 3, 2025, The Kroger Co. (KR) saw a significant surge in trading volume, with a total turnover of $105.1 million, marking a 175.28% increase from the previous day. This substantial rise in trading activity placed KR at the 126th position in the daily stock market rankings.

Kroger's stock performance has been robust, with shares rising 11% in the last quarter despite a 3% decrease in market value. This reflects investor confidence in the company amidst broader market trends.

Kroger has projected adjusted earnings for the current fiscal year to range between $4.60 and $4.80 per share, slightly below analysts' expectations of $4.81 per share. This projection comes as the stock has reached an all-time high of $68.58, demonstrating strong market resilience.

Franklin Resources Inc. has increased its stake in Kroger by 48.0% during the fourth quarter, indicating a bullish outlook on the company's future prospects. Analysts have set a 12-month price target for Kroger, with an average estimate of $70.46, a high estimate of $75.00, and a low estimate of $61.00.

Guggenheim has maintained a Buy rating on Kroger stock and raised the price target to $73 from $71, as the stock continues to trade near its 52-week high. However, Melius has lowered its rating on Kroger stock to Sell, adding a layer of complexity to the market's sentiment towards the company.