According to GuruFocus list of 52-week highs; AvalonBay Communities Inc., Equinix Inc., Jarden Corp. and Alkermes PLC have all reached their yearly highs.
AvalonBay Communities Inc. reached the 52-week high of $186.89
AvalonBay Communities (AVB, Financial) has a market cap of $25.2 billion, and its shares were traded at around $184.13 per share with a P/E ratio of 33.70 and a P/S ratio of 13.53. The dividend yield of AvalonBay Communities stocks is 2.72%. The company had an annual average earnings growth of 5.00% over the past 10 years.
AvalonBay had net income of $206 million for its third quarter of 2015. EPS for this quarter were $1.53, down 16.4% compared to EPS of $1.83 for the same period of 2014. Diluted FFO per share for the third quarter of 2015 decreased 5.6% to $2.02 from $2.14 for the prior year quarter. Core FFO went up 11.6% as a result of increased net operating income The company recently declared a fourth quarter common stock dividend of $1.25 per share payable Jan. 15.
Chairman and CEO Timothy J. Naughton sold 50,000 shares of AvalonBay stock on Nov. 27, 2015, at the average price of $182.35.
Equinix Inc. reached the 52-week high of $305
Equinix (EQIX, Financial) has a market cap of $17.32 billion. Its shares were traded at around $302.40 with a P/S ratio of 6.54. The dividend yield of Equinix stocks is 2.24%, and the company had an annual average earnings growth of 36.30% over the past 10 years. GuruFocus rated Equinix the business predictability rank of 3 stars.
Equinix has released its third quarter 2015 results. The company reported revenues of $686.6 million, an 11% increase over the same quarter last year. Net income was $41.1 million, or 71 cents per diluted share. Income from operations increased 4% over the prior year quarter to $140.9 million, and adjusted EBITDA increased 13% to $321.5 million.
CFO Keith D. Taylor sold 1,000 shares of Equinix stock on Dec. 8, 2015, at the average price of $298.49.
Jarden Corp. reached the 52-week high of $57.97
Jarden (JAH, Financial) has a market cap of $12.59 billion. Its shares were traded at around $57.12 with a P/E ratio of 51.00 and a P/S ratio of 1.32. Jarden had an annual average earnings growth of 12.40% over the past 10 years and was rated the business predictability rank of 4 stars by GuruFocus.
Jarden had third quarter 2015 net income of $168.2 million and diluted EPS of 80 cents. This compares with net income of $150.2 million and diluted EPS of 80 cents for the same period last year. Net sales increased 5.3% from the prior year quarter to $2.26 billion. Jarden has recently announced a merger with Newell Rubbermaid Inc. The two companies will form a $16 billion consumer goods company under the name of Newell Brands.
Alkermes PLC reached the 52-week high of $80.71
Alkermes (ALKS, Financial) is a biotechnology company engaged in developing, manufacturing and commercializing medicines. It has a market cap of $11.91 billion, and its shares were traded at around $79.38 with a P/S ratio of 18.38.
Alkermes had third quarter 2015 revenue of $152.7 million and non-GAAP diluted loss per share of 18 cents. GAAP loss per share was 54 cents compared to loss per share of 27 cents for the same period last year.
Director and CEO Richard F. Pops sold 37,500 shares of Alkermes stock on Dec. 7, 2015, at the average price of $72.06. Chief Commercial Officer Mark Stejbach sold 10,000 shares of Alkermes stock on Dec. 28, 2015, at the average price of $80.24.
Check out the complete list of 52-week highs.
