5 Companies Reach Yearly Highs

Harris, Honda, Western Gas, Parker Hannifin, Yum Brands

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Feb 21, 2017
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According to GuruFocus, these stocks have reached their 52-week highs.

Harris Corp. reached the 52-week high of $109.46

Harris Corp. (HRS, Financial), together with its subsidiaries, develops, manufactures and sells technology-based solutions that serve government and commercial customers' mission-critical challenges. The company's business segments are Communication Systems, Space and Intelligence Systems, Electronic Systems and Critical Networks.

The price of Harris' shares has reached $109.46, which is 0.0% off the 52-week high of $109.47. Harris has a market cap of $13.62 billion; its shares were traded around $109.46 with a price-earnings (P/E) ratio of 20.69 and a price-sales (P/S) ratio of 1.89. The trailing 12-month dividend yield is 1.88%. The forward dividend yield is 1.94%. The company had an annual average earnings growth of 7.90% over the past 10 years.

The company recently reported fiscal second-quarter 2017 revenue of $1.70 billion, down 3% from $1.75 billion in the prior year. GAAP income from continuing operations was $168 million, or $1.33 per diluted share, compared with $197 million, or $1.58 per diluted share, in the prior year. Non-GAAP income from continuing operations, excluding Exelis acquisition-related items, was $178 million, or $1.42 per diluted share, compared with $184 million, or $1.47 per diluted share, excluding Exelis acquisition-related items, restructuring and other charges in the prior year.

Director James F. Albaugh bought 1,000 shares of the company's stock on Feb. 9 for an average price of $104.99 per share. The stock price has increased 4.26% since then.

Honda Motor Co. Ltd. reached the 52-week high of $31.61

Honda Motor (HMC, Financial) develops, produces and manufactures motor products, including small general-purpose engines and scooters and specialty sports cars. Its business segments are Motorcycle business, Automobile business, Financial services business and Power product and other businesses operations.

The price of Honda's shares has reached $31.61, which is 1.8% off the 52-week high of $32.17. Honda has a market cap of $56.97 billion; its shares were traded around $31.61 with a P/E ratio of 15.13 and P/S ratio of 0.47. The trailing 12-month dividend yield is 2.65%. The forward dividend yield is 2.70%. Honda had an annual average earnings growth of 2.40% over the past 10 years.

The company reported that consolidated operating profit for its fiscal third quarter amounted to 207.6 billion yen ($1.8 billion), an increase of 27.4% compared to the same period last year, due primarily to a decrease in selling, general and administrative (SG&A) expenses that included quality-related expenses and the positive effect of cost reduction efforts. This was achieved despite unfavorable currency effects. Consolidated profit for the fiscal third quarter attributable to owners of the parent amounted to 168.8 billion yen, an increase of 35.9% compared to the same period last year.

Western Gas Equity Partners LP reached the 52-week high of $47.01

Western Gas (WGP, Financial), through its subsidiary, is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil for Anadarko Petroleum Corp. (APC, Financial) and its subsidiaries as well as third-party producers and customers. It owns or has investments in assets located in the Rocky Mountains of Colorado, Utah and Wyoming, Kansas, Oklahoma, Pennsylvania and Texas. The company's operations are subject to stringent and complex federal, tribal, state and local environmental laws and regulations governing the discharge of materials into the environment or otherwise relate to environmental protection.

The price of Western Gas' shares has reached $47.01, which is 1.7% off the 52-week high of $47.82. Western Gas has a market cap of $10.29 billion; its shares were traded around $47.01. The trailing 12-month dividend yield is 3.76%. The forward dividend yield is 3.94%.

The company reported net income for the third quarter of 2016 of $81.7 million, or 54 cents per common unit (diluted), with adjusted EBITDAÂ of $278.2 million and distributable cash flow of $237.3 million. The company previously declared a quarterly dividend of 85 cents per unit for the third quarter of 2016. This dividend represented a 2% increase over the prior quarter's dividend and a 9% increase over third-quarter 2015 dividend of 77 cents per unit.Â

Parker Hannifin Corp. reached the 52-week high of $153.89

Parker Hannifin (PH, Financial) is a diversified manufacturer of motion and control technologies and systems, providing precision engineered solutions for mobile, industrial and aerospace markets. The company's manufacturing, service, sales, distribution and administrative facilities are located in 40 states within the United States and in 49 other countries. The company markets its products through direct sales employees, independent distributors and sales representatives. Its products are supplied to approximately 450,000 customers in virtually every manufacturing, transportation and processing industry.

The price of Parker Hannifin's shares has reached $153.89, which is 1.7% off the 52-week high of $156.44. Parker Hannifin has a market cap of $20.51 billion; its shares were traded around $153.89 with a P/E ratio of 23.79 and P/S ratio of 1.87. The trailing 12-month dividend yield is 1.66%. The forward dividend yield is 1.72%. The company had an annual average earnings growth of 5.90% over the past 10 years.

The company reported results for the fiscal first-quarter 2017 that ended Sept. 30, 2016. Sales were $2.74 billion, down from $2.87 billion in the prior-year quarter. Net income increased 8% to $210.2 million from $195 million in the first quarter of fiscal 2016. Earnings per share increased 10% to $1.55 form $1.41 in the prior-year quarter. Adjusted EPS increased to $1.61 from $1.52 the year before. Cash flow from operations for the first quarter was $113.9 million or 4.2% of sales, up from $19.9 million or 0.7% of sales in the first quarter of last year.Â

Yum Brands Inc. reached the 52-week high of $68.40

Yum Brands (YUM, Financial), through the three concepts of KFC, Pizza Hut and Taco Bell, develops, operates, franchises and licenses a system of restaurants which prepare, package and sell a menu of competitively priced food items. It consists of five segments YUM China, YUM India, The KFC Division, The Pizza Hut Division and The Taco Bell Division.

The price of Yum Brands' shares has reached $68.40, which is 0.8% off the 52-week high of $68.98. Yum Brands has a market cap of $24.28 billion; its shares were traded around $68.40 with a P/E ratio of 17.81 and P/S ratio of 2.90. The trailing 12-month dividend yield is 2.53%. The forward dividend yield is 2.53%. Yum Brands had an annual average earnings growth of 2.20% over the past 10 years.

The company reported that fourth-quarter GAAP EPS from continuing operations was 76 cents, an increase of 15%. Full-year GAAP EPS from continuing operations was $2.48, an increase of 18%. Fourth-quarter EPS from Continuing Operations excluding special items was 79 cents, an increase of 19%. Full-year EPS from continuing operations excluding special items was $2.45, an increase of 5%.

Taco Bell CEOÂ Brian R. Niccol sold 11,938 shares of YUM stock on Feb. 10 for an average price of $68.17. The stock price has increased 0.34% since then.

Disclosure: I do not own these stocks.

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