Companies That Reached Their 52-Week Highs

As of late, many prestigious companies have managed to hit their yearly highs

Author's Avatar
Sep 27, 2016
Article's Main Image

According to the GuruFocus list of 52-week highs, these stocks have reached their 52-week highs.

Fifth Third Bancorp (FITB, Financial

The company, through its subsidiaries, provides financial products and services to the retail, commercial, financial, governmental, educational and medical sectors, including a variety of checking, savings and money market accounts and credit products such as credit cards, installment loans, mortgage loans and leases. Its business segments include Commercial Banking, Branch Banking, Consumer Lending and Investment Advisor. The company’s competitors include securities dealers, brokers, mortgage bankers, investment advisors and insurance companies. The company and its banking subsidiary are subject to regulation by federal and state laws and regulations.

The price of Fifth Third Bancorp shares has reached $20.92, which is 1.1% off the 52-week high of $21.14. The company has a market cap of $16.03 billion. Its shares were traded around $20.92 with a P/E ratio of 10.25 and P/S ratio of 2.48. The trailing 12-month dividend yield is 2.49%. The forward dividend yield is 2.49%. Fifth Third Bancorp had an annual average earnings growth of 12.70% over the past 5 years.

For the second quarter of 2016, the company has reported a net income available to common shareholders of $310 million, or 40 cents per diluted common share. Net income was $333 million versus net income of $315 million in the second quarter of 2015.

Symantec Corp. (SYMC, Financial)

Symantec Corp. provides security, backup and availability solutions. Its products and services protect people and information in any environment, from the smallest mobile device to the enterprise data center to cloud-based systems. The three operating segments are: Consumer Security, Enterprise Security and Information Management. . The company competes with other software companies, operating system providers, network equipment manufacturers and other OEMs to acquire technologies, products or companies and to publish software developed by third parties.

The price of Symantec Corp. shares has reached $25.04, which is 1.3% off the 52-week high of $25.37. Symantec Corp. has a market cap of $15.41 billion. Its shares were traded around $25.04 with a P/E ratio of 6.66 and P/S ratio of 4.00. The trailing 12-month dividend yield is 1.80%. The forward dividend yield is 1.20%.

For the first fiscal quarter of 2017, the company has reported a revenue of $884 million, a decrease from the $912 million reported last year. Net income was $135 million, an increase compared to $117 million last year. Also, diluted earnings per share were 22 cents, increased from 17 cents last year.

Senior Vice President and Chief Human Resource Officer, Amy L. Cappellanti-Wolf, sold 15,474 shares of SYMC stock on Sept. 15 at the average price of $24.88. The price of the stock has increased by 0.64% since.

SCANA Corp. (SCG, Financial)

The company holds, directly or indirectly, all of the capital stock of each of its subsidiaries. The company, through its subsidiaries, is engaged in the generation, transmission, distribution and sale of electricity to retail and wholesale customers and the purchase, sale and transportation of natural gas to retail customers

The price of SCANA Corp. shares has reached $74.99, which is 1.9% off the 52-week high of $76.41. SCABA Corp. has a market cap of $10.72 billion. Tts shares traded around $74.99 with a P/E ratio of 20.27 and P/S ratio of 2.61. The trailing 12-month dividend yield is 3.03%. The forward dividend yield is 3.07%. Scana Corp. had an annual average earnings growth of 3.50% over the past 10 years.

The company has announced earnings for the second quarter of 2016 of $105 million, or earnings per share of 74 cents, compared to $99 million, or earnings per share of 69 cents, for the second quarter of 2015. Reported revenue was $905 million, which is less than the $967 million reported last year.

FedEx Corp. (FDX, Financial)

FedEx Corp. was incorporated in Delaware on Oct. 2, 1997. The company provides a broad portfolio of transportation, e-commerce and business services through companies competing, operating and managed, under the respected FedEx brand. These companies are included in five business segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services and TNT Express. The company is subject to federal, state and local environmental laws and regulations relating to, among other things, the shipment of dangerous goods, contingency planning for spills of petroleum products, the disposal of waste oil and the disposal of toners and other products used in FedEx Office's copy machines.

The price of FedEx shares has reached $174.39, which is 0.6% off the 52-week high of $175.38. FedEx has a market cap of $46.35 billion. Its shares were traded around $174.39 with a P/E ratio of 25.91 and P/S ratio of 0.91. The trailing 12-month dividend yield is 0.75%. The forward dividend yield is 0.92%. FedEx had an annual average earnings growth of 4.50% over the past 10 years.

The company has recently reported earnings of $2.65 per diluted share ($2.90 per diluted share on an adjusted basis) for the fiscal first quarter that ended Aug. 31, compared to earnings of $2.42 per diluted share a year ago. Reported revenue, up from $12.3 billion, was $14.7 billion. Operating income was $1.26 billion, which increased from the $1.14 billion reported the previous year.

TransCanada Corp. (TRP, Financial)

The company is an energy infrastructure company that operates in three segments, Natural Gas Pipelines, Liquid Pipelines and Energy. The Natural Gas Pipelines segment consists of the company's investments in 42,253 miles of regulated natural gas pipelines. The energy segment consists of the company's investments in 19 electrical power generation plants and 2 non-regulated natural gas storage facilities. These include Canadian plants in Alberta, Ontario, Quebec and New Brunswick and U.S. plants in New York, New England and Arizona.

The price of TransCanada shares has reached $47.80, which is 1.5% off the 52-week high of $48.52. Transcanada Corp. has a market cap of $38.24 billion. Its shares were traded around $47.80 with and P/S ratio of 3.87. The trailing 12-month dividend yield is 3.44%. The forward dividend yield is 3.60%. TransCanada Corp. had an annual average earnings growth of 4.40% over the past 5 years.

The company has reported a net income attributable to common shares for second quarter 2016 of $365 million, or 52 cents per share, compared to $429 million, or 60 cents per share for the same period in 2015. Comparable earnings for second quarter 2016 were $366 million, or 52 cents per share, compared to $397 million, or 56 cents per share, for the same period in 2015. TransCanada's board also declared a quarterly dividend of 56 cents per common share for the quarter ending Sept. 30, equivalent to $2.26 per common share on an annualized basis.

Vice President of Investor Relations, David B. Moneta, sold 2,500 shares of TRP stock on Sept. 8 at the average price of $60.25. The price of the stock has decreased by 20.66% since.

Disclosure: I do not own these stocks

Start a free 7-day trial of Premium Membership to GuruFocus.