Weekly 52-Week Highs Highlight: Kroger Co., Harris Corporation, Thermo Fisher Scientific, Delhaize Group

A review of companies that have recently reached their one-year high prices

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Dec 26, 2015
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According to GuruFocus' list of 52-week highs, Kroger Co., Harris Corporation, Thermo Fisher Scientific Inc. and Delhaize Group SA have all reached their 52-week highs.

The Kroger Co. (KR, Financial) reached the 52-week high of $42.67

The Kroger Co. has a market cap of $41.39 billion, and its shares were traded at around $42.46 with a P/E ratio of 20.88 and a P/S ratio of 0.38. The dividend yield of Kroger stocks is 0.93%. The company had an annual average earnings growth of 9.90% over the past 10 years. GuruFocus rated it the business predictability rank of 3.5-star.

Kroger has reported its third quarter 2015 results. For this quarter, Kroger posted net earnings of $428 million, or 43 cents per diluted share, and same-store sales growth of 5.4% (excluding fuel). This compares to net earnings of $362 million, or 36 cents per share for the third quarter of 2014.

Group Vice President Timothy A. Massa sold 5,030 shares of KR stock on Dec. 22 at the average price of $41.89. Executive Vice President J. Michael Schlotman, Director Bobby S. Shackouls, and Senior Vice President M. Marnette Perry have all also sold shares of KR stock in the past month.

Harris Corporation (HRS, Financial) reached the 52-week high of $89.78

Harris Corporation provides advanced technology solutions to government and commercial customers. The company has a market cap of $11.13 billion, and its shares were traded at around $89.48 with a P/E ratio of 28.02 and a P/S ratio of 1.74. The dividend yield of Harris Corporation stocks is 2.17%, and it had an annual average earnings growth of 11.40% over the past 10 years.

Harris Corporation has released its fiscal first quarter 2016 results. During this quarter, the company generated revenue of $1.81 billion, which compares with $1.16 billion in the prior year quarter. First quarter GAAP net income was $148 million, or $1.18 per diluted share, and non-GAAP net income was $163 million, or $1.31 per share. This compares to first quarter 2015 GAAP net income of $125 million, or $1.18 per diluted share. Orders in the first quarter of 2016 were $2.24 billion and free cash flow was $40 million.

Thermo Fisher Scientific Inc. (TMO, Financial) reached the 52-week high of $141.75

Thermo Fisher Scientific has a market cap of $56.4 billion. Its shares were traded at around $141.32 with a P/E ratio of 28.90 and a P/S ratio of 3.38. The dividend yield of Thermo Fisher Scientific Inc. stocks is 0.42%. The company had an annual average earnings growth of 15.60% over the past 10 years. GuruFocus rated it the business predictability rank of 5-star.

Thermo Fisher has released its third quarter 2015 results ended Sept. 26. Adjusted EPS for this period grew 5% year-over-year to $1.80 on revenue of $4.12 billion. Organic revenue growth was 4%, and adjusted operating income grew 2%. GAAP operating income for the third quarter of 2015 was $563 million, versus $640 million for the same quarter last year.

Senior Vice President Thomas W. Loewald sold 13,013 shares of TMO stock on Dec. 14 at the average price of $134.18.

Delhaize Group SA (DEG, Financial) reached the 52-week high of $25.14

Delhaize Group SA was founded in Belgium in 1867, and it operates food supermarkets. Delhaize Group SA has a market cap of $10.17 billion. Its shares were traded at around $24.69 with a P/E ratio of 48.50 and a P/S ratio of 0.39. The dividend yield of Delhaize Group SA stocks is 1.82%.

Delhaize reported third quarter 2015 revenue growth of 2.3% on constant-currency rates. Comparable store sales growth was 1.7% in the U.S. and Belgium, and 5.1% in Southeastern Europe.Â

Check out the complete list of 52-week highs.