5 Companies Reach 52-Week Highs

Recently, multiple companies have managed to achieve annual milestones

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Aug 25, 2020
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According to GuruFocus data, these stocks have reached their 52-week highs.

Cintas reached the 52-week high of $320.39

In its core uniform and facility services unit (81% of sales), Cintas Corp. (CTAS, Financial) provides uniform rental programs to businesses across the size spectrum, mostly in North America. The firm is by far the largest provider in the industry. Facilities products generally include the rental and sale of entrance mat, mops, shop towels and restroom supplies. Cintas also runs a first aid and safety services business (10% of sales), a fire protection services business (6% of sales) and a uniform direct sales business (4% of sales).

The price of Cintas Corp. shares has reached $320.39, which is 1.2% off the 52-week high of $324.39. Cintas Corp. has a market cap of $33.16 billion; its shares were traded around $320.39 with a price-earnings ratio of 39.55 and a price-sales ratio of 4.84. The trailing 12-month dividend yield of Cintas Corp. stocks is 0.80%. The forward dividend yield of Cintas Corp. stocks is 0.80%. Cintas Corp. had an annual average earnings growth of 14.50% over the past 10 years. GuruFocus rated Cintas Corp. the business predictability rank of 2.5-star.

The company recently reported results for its fiscal 2020 fourth quarter ended May 31, 2020. Revenue for the fourth quarter of fiscal 2020 was $1.62 billion, a decrease of 9.7% over last year's fourth quarter. Earnings per diluted share from continuing operations were $1.35 in the fourth quarter of fiscal 2020, a decrease of 34.5% over last year's fourth quarter earnings per share.

Executive Vice President Michael Lawrence Thompson sold 17,650 shares of Cintas stock on Aug. 11, 2020 at the price of $319.31 per share. The price of the stock has increased by 0.34% since.

Texas Instruments reached the 52-week high of $140.33

Dallas-based Texas Instruments Inc. (TXN, Financial) generates about 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in digital signal processors used in wireless communications and microcontrollers used in a wide variety of electronics applications.

The price of Texas Instruments Inc. shares has reached $140.33, which is 0.4% off the 52-week high of $140.88. Texas Instruments Inc. has a market cap of $128.53 billion; its shares were traded around $140.33 with a price-earnings ratio of 26.33 and a price-sales ratio of 9.66. The trailing 12-month dividend yield of Texas Instruments Inc. stocks is 2.57%. The forward dividend yield of Texas Instruments Inc. stocks is 2.57%. Texas Instruments Inc. had an annual average earnings growth of 10.90% over the past 10 years. GuruFocus rated Texas Instruments Inc. the business predictability rank of 3-star.

Texas Instruments Incorporated recently reported second quarter revenue of $3.24 billion and earnings per share of $1.48.

Senior Vice President Darla H. Whitaker sold 40,000 shares of Texas Instruments stock on Aug. 12, 2020 at the price of $138.52 per share. The price of the stock has increased by 1.31% since.

Danaher reached the 52-week high of $207.80

In 1984, Danaher Corp. (DHR, Financial)'s founders transformed a real estate organization into an industrial-focused manufacturing company. Through a series of mergers, acquisitions and divestitures, including the Fortive separation in 2016, Danaher now focuses primarily on manufacturing scientific instruments and consumables in three segments: life sciences, diagnostics and environmental and applied solutions. In late 2019, Danaher separated from its dental business through an initial public offering process, and in early 2020, it acquired GE's Biopharma business, now called Cytiva, which adds to its life sciences segment.

The price of Danaher Corp. shares has reached $207.80, which is 0.6% off the 52-week high of $209.15. Danaher Corp. has a market cap of $147.42 billion; its shares were traded around $207.80 with a price-earnings ratio of 44.50 and a price-sales ratio of 8.54. The trailing 12-month dividend yield of Danaher Corp. stocks is 0.34%. The forward dividend yield of Danaher Corp. stocks is 0.35%. Danaher Corp. had an annual average earnings growth of 5.40% over the past 10 years.

Danaher Corporation recently announced results for the quarter ended July 3, 2020. For the second quarter of 2020, net earnings were $927.3 million, or $1.24 per diluted common share, which represents a 38.0% year-over-year increase from the comparable 2019 period.

Senior Vice President of Strategic Development William King sold 26,982 shares on July 28, 2020 at the price of $199.09 per share. The price of the stock has increased by 4.37% since.

Thermo Fisher Scientific reached the 52-week high of $428.57

Thermo Fisher Scientific Inc. (TMO, Financial) sells scientific instruments and laboratory equipment, diagnostics consumables and life science reagents. The firm operates through four segments (revenue figures include some cross-segment revenue): analytical technologies (22% of sales), specialty diagnostic products (15%), life science solutions (27%) and lab products and services (42%).

The price of Thermo Fisher Scientific Inc. shares has reached $428.57, which is 0.3% off the 52-week high of $429.92. Thermo Fisher Scientific Inc. has a market cap of $169.54 billion; its shares were traded around $428.57 with a price-earnings ratio of 46.38 and price-sales ratio of 6.55. The trailing 12-month dividend yield of Thermo Fisher Scientific Inc. stocks is 0.19%. The forward dividend yield of Thermo Fisher Scientific Inc. stocks is 0.21%. Thermo Fisher Scientific Inc. had an annual average earnings growth of 15.00% over the past 10 years. GuruFocus rated Thermo Fisher Scientific Inc. the business predictability rank of 5-star.

Thermo Fisher Scientific Inc. recently reported its financial results for the second quarter ended June 27, 2020. Revenue for the quarter grew 10% to $6.92 billion in 2020, versus $6.32 billion in 2019. GAAP diluted earnings per share in the second quarter of 2020 increased 5% to $2.90, versus $2.77 in the same quarter last year.

Chairman and CEO Marc N. Casper sold 40,000 shares of Thermo Fisher Scientific stock on July 31, 2020 at the price of $407.17 per share. The price of the stock has increased by 5.26% since.

Lennar reached the 52-week high of $79.36

After merging with CalAtlantic in February 2018, Lennar Corp. (LEN, Financial) has become the largest homebuilder (by revenue) in the United States. The company's homebuilding operations target first-time, move-up and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers.

The price of Lennar Corp. shares has reached $79.36, which is 0.4% off the 52-week high of $79.64. Lennar Corp. has a market cap of $24.16 billion; its shares were traded around $79.36 with a price-earnings ratio of 11.95 and a price-sales ratio of 1.10. The trailing 12-month dividend yield of Lennar Corp. stocks is 0.52%. The forward dividend yield of Lennar Corp. stocks is 0.63%. Lennar Corp. had an annual average earnings growth of 11.60% over the past five years.

Lennar Corporation recently reported results for its second quarter ended May 31, 2020. Second quarter net earnings attributable to Lennar in 2020 were $517.4 million, or $1.65 per diluted share, compared to second quarter net earnings of $421.5 million, or $1.30 per diluted share, in the prior year.

Note: I do not own the stocks discussed

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