5 Companies Reach Yearly Highs

Marriott International, Banco Santander Chile, Disney, Micron, Activision Blizzard achieve milestones

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Mar 28, 2017
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According to GuruFocus' list, these stocks have reached their 52-week highs.

Marriott International reached the 52-week high of $93.50

Marriott International Inc. (MAR, Financial) is an operator, franchisor and licensor of hotels and timeshare properties under different brand names. Marriott operates 1.1 million rooms across 30 brands, predominantly in the upper-upscale and upscale segments. Marriott, Courtyard and Sheraton are the largest brands, while Autograph, Moxy, Aloft and Tribute are newer lifestyle brands. Managed and franchised represent 98% of total rooms. About one-third of total rooms are in international markets.

The price of Marriott shares has reached $93.50, which is -1.3% off the 52-week high of $92.26. Marriott International has a market cap of $35.86 billion; its shares were traded around $93.50 with a price-earnings (P/E) ratio of 35.02 and a price-sales (P/S) ratio of 1.48. The trailing 12-month dividend yield is 1.28%. The forward dividend yield is 1.28%. The company had an annual average earnings growth of 23.10% over the past five years.

The company recently reported fourth-quarter 2016 adjusted diluted EPS of 85 cents, a 20% increase over fourth-quarter 2015 combined results. Net income totaled $244 million in the fourth quarter, a 21% increase over 2015 fourth-quarter net income of $202 million. Diluted EPS was 62 cents in the quarter, a 19% decrease from diluted EPS of 77 cents in the year-ago quarter.

J. W. Marriott Jr.sold 35,059 shares of the stock on March 23 for an average price of $93.42 per share. The stock price has increased 0.09% since then.

Banco Santander Chile reached the 52-week high of $24.82

Banco Santander Chile (BSAC, Financial) provides commercial and retail banking services, foreign currency loans and financial services such as management, leasing, advisory services, mutual fund management and securities brokerage. Santander Chile is one of the largest banks in Chile. It has the most expansive footprint of any bank in the country, ranks second by lending market share and ranks third in deposit market share. It has been one of the most efficiently run banks in the region for many years, resulting in returns on equity in excess of 20%. The bank has a diverse revenue stream with two-thirds generated from interest and one-third derived through fees.

The price of Banco Santander Chile shares has reached $24.82, which is -2.0% off the 52-week high of $24.33. The company has a market cap of $11.69 billion; its shares were traded around $24.82 with a P/E ratio of 16.36 and P/S ratio of 4.61. The trailing 12-month dividend yield is 4.34%. The forward dividend yield is 4.34%. The company had an annual average earnings growth of 4.50% over the past 10 years.

The company has reported for the fourth quarter of 2016, net income attributable to shareholders totaled 108.6 million pesos ($162,960). Compared to fourth-quarter 2015, net income increased 29.7% due to strong results from business segments and the recognition of an additional provision of 35 million pesos due to new provisioning requirements. Compared to third-quarter 2016, net income fell 10.9% quarter over quarter due to a lower inflation rate in fourth-quarter 2016. As a result, the bank’s ROE reached 15.3% in the fourth quarter. Net contribution from business segments decreased 3.3% quarter over quarter due to lower results from wholesale banking, but increased 63.8% year over year due to strong results in retail banking.

Walt Disney reached the 52-week high of $112.14

Walt Disney Co. (DIS, Financial) is a diversified entertainment company with operations in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. Walt Disney owns the rights to some of the most globally recognized characters, from Mickey Mouse and Buzz Lightyear to Thor and Luke Skywalker. These characters and others are featured in several theme parks Disney owns or licenses around the world. Disney makes live-action and animated films under several labels, including Pixar, Marvel and Lucasfilm. Disney also operates media networks, including ESPN, ABC and the Disney Channel, and several television production studios.

The price of Disney shares has reached $112.14, which is 0.9% off the 52-week high of $113.16. Disney has a market cap of $177.32 billion; its shares were traded around $112.14 with a P/E ratio of 20.24 and P/S ratio of 3.31. The trailing 12-month dividend yield is 1.33%. The forward dividend yield is 1.39%. The company had an annual average earnings growth of 10.50% over the past 10 years.

The company recently reported quarterly earnings for its first fiscal quarter ended Dec. 31, 2016. Diluted EPS for the quarter was $1.55, a decrease of 10% from $1.73 in the prior-year quarter. The decrease was driven by a 13 cents per share gain in the prior year related to the company’s investment in A & E Television Networks. Excluding this gain and certain other items affecting comparability, EPS for the quarter decreased 5% to $1.55.

Micron Technology reached the 52-week high of $28.43

Micron Technology Inc. (MU, Financial) and its subsidiaries manufacture semiconductor systems. The company's products, which include DRAM, NAND Flash and NOR Flash, are the basis for solid-state drives, modules, multi-chip packages and other system solutions. Micron Technology has historically focused on providing dynamic random-access memory for PCs and servers. The company has expanded into the NAND flash memory market over the past decade. It has also gained a meaningful presence in the NOR flash market with its 2010 Numonyx acquisition and is increasing its DRAM scale with the purchase of Elpida (completed in mid-2013) and Inotera (completed in December 2016).

The price of Micron Technology shares has reached $28.43, which is -6.4% off the 52-week high of $26.61. Micron has a market cap of $31.35 billion; its shares were traded around $28.43 with a P/E ratio of 51.69 and P/S ratio of 2.10. The company had an annual average earnings growth of 11.90% over the past 10 years.

The company recently announced operational results for its second quarter of fiscal 2017, which ended March 2. Revenues for the quarter were $4.65 billion and were 17% higher compared to the first quarter of fiscal 2017 and 58% higher compared to the second quarter of fiscal 2016. On a GAAP basis, the gross margin was 36.7% and net income attributable to shareholders was $894 million, or 77 cents per diluted share. This compares to a gross margin of 25.5% and net income of $180 million, or 16 cents per diluted share, for the first quarter of fiscal 2017 and a gross margin of 19.7% and a net loss of $97 million, or nine cents per diluted share, for the second quarter of fiscal 2016.

Activision Blizzard reached the 52-week high of $49.12

Activision Blizzard Inc. (ATVI, Financial) is an online, personal computer, video game console, tablet, handheld and mobile game publisher. It has three operating segments: Activision Publishing Inc., Blizzard Entertainment Inc. and Activision Blizzard Distribution. Activision Blizzard was formed in 2008 by the merger of Activision, one of the largest console video game publishers, and Blizzard, one of largest PC video game publishers. The combined company remains one of the world's largest video game publishers. Activision's impressive franchise portfolio includes "World of Warcraft," which boasts more than $8 billion of lifetime sales, and "Call of Duty," which has sold over 175 million copies across 14 titles over 12 years.

The price of Activision Blizzard shares has reached $49.12, which is 1.2% off the 52-week high of $49.70. Activision Blizzard has a market cap of $36.93 billion; its shares were traded around $49.12 with a P/E ratio of 40.26 and P/S ratio of 5.59. The trailing 12-month dividend yield is 0.53%. The forward dividend yield is 0.61%. The company had an annual average earnings growth of 22.60% over the past 10 years.

The company reported GAAP net revenues were a record $6.61 billion, a 42% increase from $4.66 billion in 2015. GAAP net revenues from digital channels were a record $4.87 billion, growing 94% year over year. The GAAP operating margin was 21%. GAAP diluted EPS were a record $1.28, an 8% increase from $1.19 in 2015. On a non-GAAP (redefined) basis, the company's operating margin was a record 35% and diluted EPS were a record $2.18, an increase of 68% from $1.30 in 2015.

Blizzard Entertainment President and CEOÂ Michael Morhaime sold 29,624 shares of the stock on March 15 for an average price of $49.18 per share. The stock price has decreased 0.12% since then.

Disclosure: I do not own these stocks.

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