Companies Hit 52-Week Highs

5 companies have achieved milestones

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Jul 26, 2016
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According to GuruFocus' list of 52-week highs, these stocks have reached their 52-week highs.

Applied Materials reached the 52-week high of $26.37

Applied Materials Inc. (AMAT, Financial) provides manufacturing equipment, services and software to the semiconductor, flat panel display, solar photovoltaic and related industries. The company operates in four reportable segments: Silicon Systems Group, Applied Global Services, Display and Energy and Environmental Solutions.

The price of Applied Materials shares has reached $26.37, which is 1.7% off the 52-week high of $26.82. Applied Materials has a market cap of $28.72 billion; its shares were traded around $26.37 with a P/E ratio of 24.21 and P/S ratio of 3.26. Applied Materials' trailing 12-month dividend yield is 1.52%. Its forward dividend yield is 1.52%. Applied Materials had an annual average earnings growth of 2.10% over the past five years.

The company recently reported second-quarter orders were $3.45 billion, up 52% sequentially and up 37% year over year. Backlog increased to $4.17 billion. Net sales of $2.45 billion were up 9% sequentially, flat year over year and near the high end of guidance. The company recorded a gross margin of 41%, operating margin of 17.3% and net income of $320 million or 29 cents per diluted share. On a non-GAAP adjusted basis, the company reported second quarter gross margin of 42.7%, operating margin of 19.2% and net income of $376 million or 34 cents per diluted share.

Sr. VP, GM New Markets & Service Ali Salehpour sold 35,505 shares of Applied Materials stock for $24.06 per share on June 24. The price of the stock has increased by 9.6% since.

EMC reached the 52-week high of $28.41

EMC Corp. (EMC, Financial) together with its subsidiaries supports businesses and service providers to transform information technology (IT) operations to an as a service model (ITaaS). The company operates in three segments: EMC Information Infrastructure, Pivotal and VMware Virtual Infrastructure.

The price of EMC shares has reached $28.41, which is 1.3% off the 52-week high of $28.77. EMC has a market cap of $55.49 billion; its shares were traded around $28.41 with a P/E ratio of 27.60 and P/S ratio of 2.24. EMC's trailing 12-month dividend yield is 1.62%. Its forward dividend yield is 1.62%. EMC had an annual average earnings growth of 12.10% over the past 10 years. GuruFocus rated EMCÂ the business predictability rank of 4.5-star.

Second-quarter consolidated revenue was $6 billion. GAAP earnings per weighted average diluted share was 29 cents in the second quarter, up 16% year over year. Non-GAAP earnings per weighted average diluted share in the second quarter was 45 cents, up 5% year over year.

BlackRock reached the 52-week high of $363.05

BlackRock Inc. (BLK, Financial) is a publicly traded investment management firm with employees in more than 30 countries who serve clients in over 100 countries. It provides a range of investment and risk management services. The company's clients are retail, including net worth, and institutional investors, comprised of pension funds, official institutions, endowments, insurance companies, corporations, financial institutions, central banks and sovereign wealth funds. Its product range includes single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments.

The price of BlackRock shares has reached $363.05, which is 1.7% off the 52-week high of $369.33. BlackRock has a market cap of $59.89 billion; its shares were traded around $363.05 with a P/E ratio of 19.20 and P/S ratio of 5.44. BlackRock's trailing 12-month dividend yield is 2.46%. Its forward dividend yield is 2.52%. BlackRock had an annual average earnings growth of 16.60% over the past 10 years. GuruFocus rated BlackRock the business predictability rank of 4-star.

For the second quarter, the company reported AUM of $4.9 trillion, up 4% year over year and 3% sequentially. Long-term net inflows of $2 billion in the second quarter and $126 billion over the last 12 months demonstrate the strength of the diversified business model.

Senior Managing Director J. Richard Kushel sold 8,000 shares of BlackRock stock for $356.55 per share on July 15. The price of the stock has increased by 1.82% since.

BCE reached the 52-week high of $47.99

BCE Inc. (BCE, Financial) is a communications company, providing residential, business and wholesale customers with solutions for all their communications needs. It has three business segments: Bell Wireline, Bell Wireless and Bell Media. Its Bell Wireline segment provides local telephone, long distance and data. The Bell Wireless segment provides wireless voice and data communication products and services. The Bell Media segment provides conventional, specialty and pay TV, digital media and radio broadcasting services.

The price of BCE shares has reached $47.99, which is 1.7% off the 52-week high of $48.82. BCE has a market cap of $41.69 billion; its shares were traded around $47.99 with a P/E ratio of 19.98 and P/S ratio of 2.50. BCE's trailing 12-month dividend yield is 4.20%. Its forward dividend yield is 4.41%. BCE had an annual average earnings growth of 3.60% over the past 10 years.

The company reported net sales of $1.562 billion in the second quarter, an 11% increase compared to net sales of $1.410 billion in the second quarter of 2015. Also, diluted earnings per share of 83 cents decreased 19% as reported. Adjusted earnings per share of $1.06 increased 7% on a constant currency basis.

Johnson & Johnson reached the 52-week high of $125.03

Johnson & Johnson (JNJ, Financial) is engaged in the research and development, manufacture and sale of products in the health care field. It is a holding company, which has more than 275 operating companies conducting business in virtually all countries of the world. The company's operating companies are organized into three business segments: Consumer, Pharmaceutical and Medical Devices.

The price of Johnson & Johnson shares has reached $125.03, which is 0.8% off the 52-week high of $126.07. Johnson & Johnson has a market cap of $343.91 billion; its shares were traded around $125.03 with a P/E ratio of 23.50 and P/S ratio of 5.00. Johnson & Johnson's trailing 12-month dividend yield is 2.44%. Its forward dividend yield is 2.56%. Johnson & Johnson had an annual average earnings growth of 4.00% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 3.5-star.

The company recently announced sales of $17.5 billion for the first quarter of 2016, an increase of 0.6% as compared to the first quarter of 2015. They also reported that, excluding after-tax intangible amortization expense and special items, adjusted net earnings for the current quarter were $4.7 billion and adjusted diluted earnings per share were $1.68, representing increases of 6.1% and 7.7% compared to the same period in 2015.

Disclosure: I do not own these stocks.

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