52-Week High Companies: MCD, ED, AUY, HK, GOLD

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Aug 22, 2011
According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs: McDonald's Corp. (MCD, Financial), Consolidated Edison Inc. (ED, Financial), Yamana Gold Inc. (AUY, Financial), Petrohawk Energy Corp. (HK, Financial), and Randgold Resources Ltd. (GOLD, Financial).


McDonald's Corp. (MCD) Reached the 52-Week High of $87.23



McDonald's Corporation develops, operates, franchises and services a worldwide system of restaurants that prepare, assemble, package and sell a limited menu of value-priced foods. McDonald's Corp. has a market cap of $90.74 billion; its shares were traded at around $87.23 with a P/E ratio of 17.7 and P/S ratio of 3.8. The dividend yield of McDonald's Corp. stocks is 2.8%. McDonald's Corp. had an annual average earnings growth of 17.6% over the past 10 years. GuruFocus rated McDonald's Corp. the business predictability rank of 4-star.


On July 22, McDonald's Corporation announced results for the second quarter ended June 30, 2011, driven by growth across all areas of the world. Global comparable sales increased 5.6%, with the U.S. up 4.5%, Europe up 5.9% and Asia/Pacific, Middle East and Africa up 5.2%. Consolidated operating income increased 19%. Diluted earnings per share was up $1.35, up 19%.


In July, Corp Executive Vice President Jeffrey P. Stratton sold 7,418 shares of MCD stock. In July, Director Jeanne P. Jackson, Corp Executive Vice President Supply Chain Douglas M. Goare, and President McDonald's USA Janice L. Fields sold shares of MCD stock.


Consolidated Edison Inc. (ED) Reached the 52-Week High of $54.36



Consolidated Edison Inc. is one of the nation's largest investor-owned energy companies. Consolidated Edison Inc. has a market cap of $15.81 billion; its shares were traded at around $54.36 with a P/E ratio of 15.3 and P/S ratio of 1.2. The dividend yield of Consolidated Edison Inc. stocks is 4.4%. Consolidated Edison Inc. had an annual average earnings growth of 1.2% over the past 10 years.


On August 4, Consolidated Edison Inc. reported net income for common stock for the second quarter of $165 million or $0.57 a share compared with $183 million or $0.65 a share in 2010. Earnings from ongoing operations, which exclude the net mark-to-market effects of the competitive energy businesses, were $166 million or $0.57 a share in the second quarter of 2011 compared with $144 million or $0.51 a share in 2010.


In July, Senior Vice President & CFO Robert N. Hoglund, General Counsel Elizabeth D. Moore, Director Sally Hernandez, President (CECONY) Craig S. Ivey, Vice President Strategic Planning Gurudatta D. Nadkarni, and Senior Vice President Business Shared Services Joann F. Ryan bought shares of ED stock.


Yamana Gold Inc. (AUY) Reached the 52-Week High of $15.51



Yamana Gold is a Canadian gold producer with significant gold production, gold and copper-gold development stage properties, exploration properties and land positions in all major mineral areas in Brazil. Yamana Gold Inc. has a market cap of $11.42 billion; its shares were traded at around $15.51 with a P/E ratio of 18.3 and P/S ratio of 6.8. The dividend yield of Yamana Gold Inc. stocks is 0.8%. Yamana Gold Inc. had an annual average earnings growth of 161.3% over the past 5 years.


On August 3, Yamana Gold Inc. announced its financial and operating results for the second quarter of 2011. Production increased 10% to 278,737 GEO. Record revenue increased 63% to $573.3 million. Record net earnings increased 178% to $194.7 million, $0.26 per share


Petrohawk Energy Corp. (HK) Reached the 52-Week High of $38.68



Petrohawk Energy Corporation is an independent energy company engaged in the acquisition, production, exploitation, exploration and development of oil and gas properties. Petrohawk Energy Corp. has a market cap of $11.78 billion; its shares were traded at around $38.68 with a P/E ratio of 66.8 and P/S ratio of 7.3.


On August 3, Petrohawk Energy Corporation announced its second quarter 2011 operational and financial results. Production for second quarter averaged 943 Mmcfe/d, a 15% quarter-over-quarter increase. Second quarter total production was 85,803 Mmcfe, of which approximately 89% was natural gas, 7% was crude oil or condensate, and 4% was natural gas liquids. Revenues for the quarter were $595 million, a 21% increase over first quarter 2011 and a 69% increase compared to the same period one year ago. The company realized 92% of the average NYMEX oil price, 97% of the average NYMEX natural gas price, and 47% of the NYMEX oil price for natural gas liquids during second quarter.


Senior Vice President Corporate Communications Ellen Desanctis bought 5,000 shares of HK stock in May. Chairman of the Board and CEO Floyd C. Wilson, Executive Vice President Mid Continent Region H. Weldon Holcombe, and Senior Vice President Corporate Reserves Tina S. Obut sold shares the same month.


Randgold Resources Ltd. (GOLD) Reached the 52-Week High of $109.99



Randgold Resources is an international gold mining and exploration business. Randgold Resources Ltd. has a market cap of $10.01 billion; its shares were traded at around $109.99 with a P/E ratio of 49.6 and P/S ratio of 20.5. The dividend yield of Randgold Resources Ltd. stocks is 0.2%. Randgold Resources Ltd. had an annual average earnings growth of 9% over the past 10 years.


On August 4, Randgold Resources boosted gold production for the three months to June by 33% quarter on quarter and 97% on the corresponding quarter in 2010 on the back of a record all-round performance and contributions from its new Tongon and Gounkoto mines. The increased production of 184,711 ounces and the sale of gold held back at Tongon in the previous quarter pushed profit for the period to US$128.4 million, up 180% quarter on quarter and 253% on Q2 2010. For the second quarter in a row, cash operating costs per ounce were reduced significantly, from US$677 in Q1 to US$579, reflecting the improved group production mix resulting from the ramp-up of Tongon and the start-up of the Gounkoto mine.