According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs: The Hershey Company (NYSE:HSY), Colgate-Palmolive Company (NYSE:CL), Monster Beverage Corporation (NASDAQ:MNST), Mead Johnson Nutrition Company (NYSE:MJN), and Abbott Laboratories (NYSE:ABT).
The Hershey Company (NYSE:HSY) Reached the 52-Week High of $69.42
The Hershey Company is a snack food company and the largest North American manufacturer of quality chocolate and non-chocolate confectionery products. The Hershey Company has a market cap of $15.11 billion; its shares were traded at around $69.42 with a P/E ratio of 22.1 and P/S ratio of 2.5. The dividend yield of The Hershey Company stocks is 2.2%. The Hershey Company had an annual average earnings growth of 5.2% over the past 10 years. GuruFocus rated The Hershey Company the business predictability rank of 3-star.
On April 24, The Hershey Company announced sales and earnings for the first quarter ended April 1, 2012. Consolidated net sales were $1,732,064,000 compared with $1,564,223,000 for the first quarter of 2011. Reported net income for the first quarter of 2012 was $198,651,000 or $0.87 per share-diluted, compared with $160,115,000 or $0.70 per share-diluted for the comparable period of 2011.
This month,President and CEO John P Bilbrey sold 2,205 shares of HSY stock. EVP CFO & Chief Admin Officer Humberto P Alfonso, VP CAO David W Tacka, and SVP, Global Operations Terence L O'day sold shares in May. SVP, General Counsel & Sec Burton H Snyder sold 21,908 shares in April. Director James M Mead bought 500 shares in February.
Colgate-Palmolive Company (NYSE:CL) Reached the 52-Week High of $101.55
Colgate-Palmolive Company is a global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgate-Palmolive Company has a market cap of $47.81 billion; its shares were traded at around $101.55 with a P/E ratio of 19.6 and P/S ratio of 2.9. The dividend yield of Colgate-Palmolive Company stocks is 2.5%. Colgate-Palmolive Company had an annual average earnings growth of 8.4% over the past 10 years. GuruFocus rated Colgate-Palmolive Company the business predictability rank of 4.5-star.
On April 26, Colgate-Palmolive Company reported worldwide Net sales of $4,200 million in first quarter 2012, an increase of 5.0% versus first quarter 2011. Global unit volume grew 3.5%, pricing increased 3.5% and foreign exchange was negative 2.0%. Excluding divested businesses, global unit volume grew 4.5%. Net income and Diluted earnings per share in first quarter 2012 were $593 million and $1.23, respectively.
This month, Chief Legal Officer &Secretary Andrew D Hendry sold 4,000 shares of CL stock. Sr.V.P. Global Human Resources Daniel B Marsili, COO Emerging Mkts.& So. Pacif. Franck J Moison, and Pres. Colgate Latin America Justin Skala sold shares in May. Chairman, President & CEO Ian M Cook, Pres&CEO Hill's Pet Nutrition Neil Thompson, and CFO Dennis J Hickey sold shares in February.
Monster Beverage Corporation (NASDAQ:MNST) Reached the 52-Week High of $78.58Monster Beverage Corporation is a marketer and distributor of energy drinks and alternative beverages. Monster Beverage Corporation has a market cap of $13.41 billion; its shares were traded at around $78.58 with a P/E ratio of 46.1 and P/S ratio of 7.9. Monster Beverage Corporation had an annual average earnings growth of 60.8% over the past 10 years.
On May 9, Monster Beverage Corporation reported record sales and profits for the first quarter ended March 31, 2012. Gross sales for the 2012 first quarter increased 26.9 percent to $517.3 million from $407.6 million in the same period last year. Net sales for the three-months ended March 31, 2012 increased 27.5 percent to $454.6 million from $356.4 million a year ago. For the 2012 first quarter, gross profit as a percentage of net sales was 53.1 percent, compared with 52.1 percent for the comparable 2011 quarter. Operating expenses for the 2012 first quarter increased to $114.9 million from $97.1 million in the same quarter last year.
This month, Chairman and CEO Rodney C Sacks, Senior VP - Monster Energy Co. Thomas J Kelly, and Vice Chairman and President Hilton H Schlosberg sold shares of MNST stock. Director Sydney Selati sold 10,000 shares in May. Vice Chairman and President Hilton H Schlosberg sold 300,000 shares in March.
Mead Johnson Nutrition Company (NYSE:MJN) Reached the 52-Week High of $85.3
Mead Johnson Nutrition Company is a pediatric nutrition company. Mead Johnson Nutrition Company has a market cap of $16.61 billion; its shares were traded at around $85.3 with a P/E ratio of 28.7 and P/S ratio of 4.5. The dividend yield of Mead Johnson Nutrition Company stocks is 1.5%.
On April 26, Mead Johnson Nutrition Company announced its financial results for the first quarter ended March 31, 2012. Net sales of $986.6 million in the quarter increased 9 percent versus the first quarter of 2011. GAAP net earnings of $0.80 per diluted share for the first quarter of 2012 were up by 13 percent from $0.71 per diluted share a year ago. Non-GAAPnet earnings of $0.82 per diluted share increased 8 percent from $0.76 per diluted share for 2011.
In May, Director Clesteen A Clark and Director James M Cornelius bought shares of MJN stock. Sr. VP, Global Research & Dev Dirk Hondmann and Sr.VP, Global Supply Chain James J Jobe sold shares in June.
Abbott Laboratories (NYSE:ABT) Reached the 52-Week High of $62.55
Abbott Laboratories is a global, broad-based health care company devoted to discovering new medicines, new technologies and new ways to manage health. Abbott Laboratories has a market cap of $97.37 billion; its shares were traded at around $62.55 with a P/E ratio of 13 and P/S ratio of 2.5. The dividend yield of Abbott Laboratories stocks is 3.3%. Abbott Laboratories had an annual average earnings growth of 7.9% over the past 10 years. GuruFocus rated Abbott Labs the business predictability rank of 5-star.
On April 18, Abbott Laboratories reported results for the first quarter of 2012. Diluted earnings per share, excluding specified items, were $1.03, reflecting 13.2 percent growth and exceeding Abbott's previous guidance range. Diluted earnings per share under GAAP were $0.78, including specified items, reflecting 41.8 percent growth.
This month, Senior Vice President Stephen R Fussell sold 6,000 shares of ABT stock. Senior Vice President James V Mazzo sold 49,235 shares in May. Senior Vice President J. Scott White sold 11,368 shares in April. Senior Vice President Michael J Warmuth and Vice President Greg W Linder sold shares in March.