Multiple Companies Hit Yearly Highs

Western Digital, Apple, Royal Philips, Comcast, Vantiv reach yearly high in price

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Jan 10, 2017
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According to GuruFocus, these stocks have reached their 52-week highs.

Western Digital Corp. (WDC, Financial) reached the 52-week high of $71.86

The company is a developer, manufacturer and provider of data storage solutions that enable consumers, businesses, governments and other organizations to create, manage, experience and preserve digital content. The company's product portfolio includes hard disk drives (HDDs) and solid-state drives (SSDs). The HDDs are primary storage mediums for digital content with the use of solid-state storage products. The company's products are marketed under the HGST, WD and G-Technology brand names and operates its business through subsidiaries. Its HDDs provide non-volatile data storage, which means the data remains present when power is no longer applied to the device. Its SSDs use semiconductor, non-volatile media rather than magnetic media and magnetic heads to store and allow fast access to data without any moving parts.

The price of Western Digital Corp. shares has reached $71.86, which is 0.4% off the 52-week high of $72.13. The company has a market cap of $19.81 billion; its shares were trading around $71.86 with a price-sales (P/S) ratio of 1.25 on Tuesday. The trailing 12-month dividend yield is 2.79%. The forward dividend yield is 2.84%. Western Digital Corp. had an annual average earnings growth of 13.90% over the past 10 years. GuruFocus rated Western Digital Corp the business predictability rank of 2-stars.

The company recently reported revenue of $4.7 billion, operating income of $232 million and a net loss of $366 million, or $1.28 per share, for its first fiscal quarter ended Sept. 30, 2016. The GAAP net loss for the period includes charges associated with the company's recent acquisitions and debt extinguishment charges related to its repricing and repayment of outstanding debt. Excluding these charges and other non-GAAP adjustments, first quarter non-GAAP operating income was $632 million and non-GAAP net income was$341 million, or $1.18 per share.

Apple Inc. (AAPL, Financial) reached the 52-week high of $118.99

The company designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players and sells a variety of related software, services, accessories, networking solutions and third-party digital content and applications. The company's products and services include iPhones, iPads, Mac computers, iPods, Apple TV, a portfolio of consumer and professional software applications, the iOS and OSX operating systems, iCloud and a variety of accessory, service and support offerings. It also sells and delivers digital content and applications through the iTunes Store, App Store, iBooks Store and Mac App Store. The company sells its products through retail stores, online stores and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers and value-added resellers.

The price of Apple Inc. shares has reached $118.99, which is -0.3% off the 52-week high of $118.69. Apple has a market cap of $623.25 billion; its shares were trading around $118.99 Tuesday with a price-earnings (P/E) ratio of 14.35 and P/S ratio of 3.06. The trailing 12-month dividend yield is 1.87%. The forward dividend yield is 1.93%. Apple had an annual average earnings growth of 42.50% over the past 10 years. GuruFocus rated Apple Inc.Ă‚ the business predictability rank of 3-stars.

The company recently announced financial results for its fiscal fourth-quarter 2016. The company posted quarterly revenue of $46.9 billion and quarterly net income of $9 billion, or $1.67 per diluted share. These results compare to revenue of $51.5 billion and net income of $11.1 billion, or $1.96 per diluted share, in the year-ago quarter. The gross margin was 38% compared to 39.9% in the year-ago quarter. International sales accounted for 62% of the quarter’s revenue.

Royal Philips NV (PHG) reached the 52-week high of $30.37

Royal Philips NV is a diversified technology company that manufactures consumer electronics, appliances and equipment for the health care, lighting and consumer well-being industries. The company's activities are organized on a sector basis: Healthcare, Consumer Lifestyle and Lighting. The health care business was organized around four strategic business groups: Imaging Systems, Patient Care & Clinical Informatics, Home Healthcare Solutions and Customer Services. The Consumer Lifestyle sector is on value creation through category leadership and operational excellence and consists of the following areas of business: Health & Wellness: mother and childcare, oral health care, pain management and more.

The price of Royal Philips NV shares has reached $30.37, which is 0.9% off the 52-week high of $30.63. Royal Philips NV has a market cap of $28.57 billion; its shares were trading around $30.37 with a P/E ratio of 34.24 and P/S ratio of 1.08 on Tuesday. The trailing 12-month dividend yield is 2.97%. The forward dividend yield is 3%. Royal Philips NV had an annual average earnings growth of 0.30% over the past five years.

For the third quarter of 2016, the company announced sales increased to 5.9 billion euros ($6.2 million), with consolidated comparable sales growth of 2% and the HealthTech portfolio growing by 5%. Adjusted EBITA amounted to 649 million euros, or 11.0% of sales, compared to 9.8% of sales in third-quarter 2015. EBITA totaled 567 million euros, or 9.6% of sales, compared to 7.4% of sales in third-quarter 2015. Income from operations (EBIT) amounted to 481 million euros, compared to 342 million eurso in the same quarter a year previously. Net income amounted to 383 million euros, compared to 324 million euros the previous year. Operating cash flow totaled 500 million euros, compared to 281 million euros in the comparable quarter of 2015. Free cash flow was 280 million euros, compared to 58 million euros in the same quarter of 2015.

Comcast Corp. (CMCSA, Financial) reached the 52-week high of $70.83

Comcast is a media and technology company with two main businesses, Comcast Cable and NBCUniversal. The company presents its operations in five reportable business segments: Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks. Cable Communications consists of the operations of Comcast Cable, which is the nation's provider of video, high-speed internet and voice services ("cable services") to residential customers under the XFINITY brand. It also provides these services to businesses. Cable Networks consists mainly of its national cable networks, its regional sports and news networks, its international cable networks, its cable television production studio and its related digital media properties.

The price of Comcast shares has reached $70.83, which is 0.7% off the 52-week high of $71.32. Comcast has a market cap of $166.54 billion; its shares were trading around $70.83 on Tuesday with a P/E ratio of 20.78 and P/S ratio of 2.23. The trailing 12-month dividend yield is 1.57%. The forward dividend yield is 1.57%. Comcast had an annual average earnings growth of 16% over the past 10 years. GuruFocus rated Comcast Corp.Ă‚ the business predictability rank of 4-stars.

The company reported the consolidated revenue for the third quarter of 2016 increased 14.2% to $21.3 billion, including $1.6 billion of revenue generated by the broadcast of the 2016 Rio Olympics, of which $1.2 billion is related to advertising revenue. Excluding the Olympics, consolidated revenue increased 5.5%. Consolidated operating income increased 11% to $4.4 billion. Consolidated operating cash flow increased 10.5% to $6.8 billion.

Insider Arthur R. Block, executive vice president, general counsel and secretary, sold 1,680 shares of Comcast stock on Dec. 27, 2016, at the average price of $70.8 per share. The stock price has increased by 0.04% since then.

Vantiv Inc. (VNTV, Financial) reached the 52-week high of $61.95

The company is a payment processor differentiated by an integrated technology platform. Its distribution includes multiple sales channels, such as its direct and indirect sales forces, and referral partner relationships that provide it with a growing and diverse client base of merchants and financial institutions. The company offers a suite of payment processing services that enable its clients to meet their payment processing needs through a single provider, including in omni-channel environments that span point-of-sale, e-commerce and mobile devices. The company has a diversified merchant client base that includes 800,000 merchant locations across the United States.

The price of Vantiv Inc. shares has reached $61.95, which is 1.1% off the 52-week high of $62.63. Vantiv has a market cap of $11.72 billion; its shares were trading around $61.95 on Tuesday with a P/E ratio of 45.90 and P/S ratio of 3.53.

The company recently announced financial results for the third quarter ended Sept. 30, 2016. Total revenue increased 12% to $914 million in the third quarter as compared to $816 million in the prior year period. Net revenue increased 14% to $491 million as compared to $430 million in the same period last year, reflecting strong transaction growth. On a GAAP basis, net income per diluted share attributable to Vantiv Inc. increased 52% to 41 cents as compared to 27 cents a year ago. Pro forma adjusted net income per share increased 20% to 71 cents as compared to 59 cents in the prior year period.

Note: I do not own these stocks.

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