5 Companies Reach Yearly Highs

Level 3, Sirius XM, Prudential, VMware, PNC

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Feb 07, 2017
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According to GuruFocus list, these stocks have reached their 52-week highs.

Level 3 Communications reached the 52-week high of $59.02

Level 3 Communications Inc. (LVLT, Financial) is a facilities-based provider of a range of integrated communications services that owns or leases a substantial portion of the plant, property and equipment necessary to provide its services. It offers Core Network Services including IP and Data Services, Transport and Fiber Services, Voice Services, Colocation and Data Center Services, Security Services and Wholesale Voice Services including Voice Termination and Toll Free.

Its geographical segments include North America; Europe, the Middle East and Africa; and Latin America. Its customers include Enterprises; Content; Government and Wholesale. Its content customers comprise subgroups of customers including Digital Entertainment, such as providers of online gaming; social networking providers; technology companies that enable digital advertising and digital ad agencies; and companies that provide video over the Internet; Media and Entertainment.

The price of Level 3 Communications shares has reached $59.02, which is 1.9% off the 52-week high of $60.13. Level 3 Communications has a market cap of $21.4 billion; its shares were traded around $59.02 with a price-earnings (P/E) ratio of 5.67 and price-sales (P/S) ratio of 2.60. Level 3 Communications had an annual average earnings growth of 0.30% over the past five years.

The company has reported that total revenue was $2.033 billion for the third quarter of 2016, compared to $2.062 billion and $2.037 billion, on a reported and modified basis, for the third quarter 2015. The third-quarter 2015 modified results exclude the results from the company's Venezuelan subsidiary's operations that was deconsolidated as of Sept. 30, 2015.

President and CEO Jeffrey K. Storey sold 35,001 shares of Level 3 stock for $58.65 per share on Feb. 2. The stock price has increased by 0.63% since.

Sirius XM Holdings reached the 52-week high of $4.80

Sirius XM Holdings Inc. (SIRI, Financial) broadcasts its music, sports, news, talk, entertainment, traffic and weather channels in the U.S. for a subscription fee through its proprietary satellite radio systems: the SIRIUS system and the XM system.

The company controls and communicates with its satellites from facilities in North America and maintain earth stations in Panama and Ecuador to control and communicate with several Sirius satellites. It operates five in-orbit Sirius satellites, FM-1, FM-2, FM-3, FM-5 and FM-6. It also operates four in-orbit XM satellites, XM-1, XM-3, XM-4 and XM-5. The subscribers can also receive certain of its music and other channels over the internet. Its satellite radios are distributed through automakers (OEMs); nationwide through retail locations; and through its websites.

The price of Sirius XM Holdings shares has reached $4.80, which is 0.4% off the 52-week high of $4.82. Sirius XM Holdings has a market cap of $22.77 billion; its shares were traded around $4.80 with a P/E ratio of 34.29 and P/S ratio of 4.74. The trailing 12-month dividend yield of  stocks is 0.42%. Sirius XM Holdings' forward dividend yield is 0.83%. Sirius XM Holdings had an annual average earnings growth of 18.90% over the past five years.

The company has reported a record revenue of $1.3 billion for the fourth quarter of 2016 and $5.0 billion for 2016, up 9% and 10% versus the prior-year periods. Net income totaled $205 million and $746 million in the fourth quarter and full-year 2016, up 52% and 46% from $135 million and $510 million in the fourth quarter and full-year 2015. Net income per diluted common share was 4 cents and 15 cents in the fourth quarter and full-year 2016 compared to 3 cents and 9 cents in the fourth quarter and full-year 2015. Adjusted EBITDA grew 20% and 13% in the fourth quarter and full-year 2016 to $475 million and $1.88 billion. Free cash flow and operating cash flow in the fourth quarter grew 44% and 47% to $429 million and $503 million. Full-year 2016 free cash flow and operating cash flow grew 15% and 38% to $1.51 billion and $1.72 billion.

Prudential Financial reached the 52-week high of $106.33

Prudential Financial Inc. (PRU, Financial) is a financial services company providing financial products and services including life insurance, annuities, retirement-related services, mutual funds and investment management. It offers these products and services to individual and institutional customers through proprietary and third-party distribution networks.

The company's principal operations are comprised of four divisions, which together encompass seven segments and its Corporate and Other operations. The U.S. Retirement Solutions and Investment Management division consists of Individual Annuities, Retirement and Asset Management segments. The U.S. Individual Life and Group Insurance division consists of Individual Life and Group Insurance segments. The International Insurance division consists of International Insurance segment. The Closed Block division consists of Closed Block segment. The U.S. Retirement Solutions and Investment Management division conducts its business through the Individual Annuities, Retirement and Asset Management segments.

The price of Prudential Financial shares has reached $106.33, which is 1.8% off the 52-week high of $108.29. Prudential Financial has a market cap of $45.2 billion; its shares were traded around $106.33 with a P/E ratio of 9.98 and P/S ratio of 0.80. Prudential Financial's trailing 12-month dividend yield is 2.63%. The forward dividend yield is 2.63%.

The company has reported a net income attributable to Prudential Financial of $1.827 billion or $4.07 per common share for the third quarter of 2016 versus $1.465 billion or $3.16 per share for year-ago quarter. After-tax adjusted operating income of $1.191 billion or $2.66 per common share versus $1.110 billion or $2.40 per share for year-ago quarter.

VMware reached the 52-week high of $88.95

VMware Inc. (VMW, Financial) provides virtualization infrastructure solutions. The company develops and markets its product and service offerings within three main product groups: SDDC or Software-Defined Data Center, End-User Computing and Hybrid Cloud Computing. It offers development and application of virtualization technologies with x86 server-based computing, separating application software from the underlying hardware.

The SDDC architecture consists of four main product categories: Compute, Storage and Availability, Network and Security, Management and Automation. Its vCloud Hybrid Service, built on the foundation of VMware's vSphere, is an Infrastructure as a Service (IaaS) cloud that provides customers with a common platform to seamlessly extend the data center to the cloud. The vCloud Hybrid Service enables customers to extend the same skills, tools, networking and security models across both on-premises and off-premises environments. Its VMware vCloud Service Provider Program, which is directed to hosting and cloud computing vendors, enables organizations to choose between running applications in virtual machines on their own "private clouds" inside their data centers or on "public clouds" hosted by a service provider.

The price of VMware shares has reached $88.95, which is 0.6% off the 52-week high of $89.50. VMware has a market cap of $35.75 billion; its shares were traded around $88.95 with a P/E ratio of 31.86 and P/S ratio of 5.33. VMware had an annual average earnings growth of 21.30% over the past 10 years. GuruFocus rated VMware the business predictability rank of 3-star.

The company reported that revenue for the fourth quarter was $2.03 billion, an increase of 9% from the fourth quarter of 2015. License revenue for the fourth quarter was $887 million, an increase of 8% from the fourth quarter of 2015. GAAP net income for the fourth quarter was $441 million, or $1.04 per diluted share, up 18% per diluted share compared to $373 million, or 88 cents per diluted share, for the fourth quarter of 2015. Non-GAAP net income for the quarter was $597 million, or $1.43 per diluted share, up 13% per diluted share compared to $534 million, or $1.26 per diluted share, for the fourth quarter of 2015.

GAAP operating income for the fourth quarter was $543 million, an increase of 21% from the fourth quarter of 2015. Non-GAAP operating income for the fourth quarter was $747 million, an increase of 14% from the fourth quarter of 2015. Operating cash flows for the fourth quarter were $463 million. Free cash flows for the quarter were $419 million. Total revenue plus sequential change in total unearned revenue grew 13% year over year. License revenue plus sequential change in unearned license revenue grew 14% year over year.

PNC Financial Services Group reached the 52-week high of $122.16

PNC Financial Services Group Inc. (PNC, Financial) is a diversified financial services company in the U.S. and is engaged in retail banking, corporate and institutional banking, asset management and residential mortgage banking, providing products and services nationally as well as other products and services in its markets located in Pennsylvania, Ohio, New Jersey, Michigan, Illinois, Maryland, Indiana, North Carolina, Florida, Kentucky, Washington, D.C., Delaware, Alabama, Virginia, Missouri, Georgia, Wisconsin and South Carolina. It also provides products and services internationally. The company operates in six reportable business segments: Retail Banking; Corporate & Institutional Banking; Asset Management Group; Residential Mortgage Banking; BlackRock; and Non-Strategic Assets Portfolio.

The price of PNC Financial Services Group shares has reached $122.16, which is 0.3% off the 52-week high of $122.58. PNC Financial Services Group has a market cap of $58.42 billion; its shares were traded around $122.16 with a P/E ratio of 16.71 and P/S ratio of 4.06. PNC Financial Services Group's trailing 12-month dividend yield is 1.77%. The forward dividend yield is 1.80%. PNC Financial Services Group had an annual average earnings growth of 3.90% over the past 10 years.

The company has reported a net income of $1.0 billion, or $1.84 per diluted common share, for the third quarter of 2016 compared with net income of $989 million, or $1.82 per diluted common share, for the second quarter of 2016 and net income of $1.1 billion, or $1.90 per diluted common share, for the third quarter of 2015. Total revenue grew $35 million, or 1 percent, to $3.8 billion.

Executive Vice President Steven C. Van Wyk sold 1,000 shares for $116.85 per share on Jan. 20. The price of the stock has increased by 4.54% since.

Note: I do not own these stocks.

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