5 Companies Reach Yearly Highs

JD.com, Activision Blizzard, General Dynamics, United Technologies, Baxter achieve annual milestones

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May 03, 2017
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According to GuruFocus, these stocks have reached their 52-week highs.

JD.com reached the 52-week high of $35.07

JD.com Inc. (JD, Financial) is an online direct sales company in China. It is China's second-largest e-commerce company in terms of transaction volume after Alibaba (BABA, Financial), offering a wide selection of authentic products at competitive prices. It launched its online marketplace business in 2010.

The price of JD.com shares has reached $35.07, which is 1.2% off the 52-week high of $35.50. The company has a market cap of $48.99 billion; its shares were traded around $35.07 with a price-sales (P/S) ratio of 1.26.

The company reported net revenues for the fourth quarter of 2016 were 80.3 billion yuan ($11.6 billion), a 47% increase from the fourth quarter of 2015. Revenues from services and others, mainly from the company’s e-commerce platform business, for the quarter were 7.4 billion yuan, an increase of 58% from the fourth quarter of 2015. Net revenues for the full year of 2016 were 260.2 billion yuan, a 44% increase from 2015. Revenues from services and others increased by 66% in 2016.

Activision Blizzard reached the 52-week high of $52.25

Activision Blizzard Inc. (ATVI, Financial) is a video game developer and publisher. The company 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 is one of the world's largest video game publishers.

The price of Activision Blizzard shares has reached $52.25, which is 0.1% off the 52-week high of $52.28. The company has a market cap of $39.37 billion; its shares were traded around $52.25 with a price-earnings (P/E) ratio of 42.83 and P/S ratio of 5.95. The trailing 12-month dividend yield is 0.57%. The forward dividend yield is 0.57%. Activision Blizzard had an annual average earnings growth of 22.60% over the past 10 years.

For the quarter ended Dec. 31, 2016, Activision Blizzard's generally accepted accounting principles net revenue was at an all-time record of $2.01 billion, a 49% increase from $1.35 billion in the fourth quarter of 2015. GAAP net revenues from digital channels were an all-time record of $1.45 billion, growing 101% year over year. The GAAP operating margin for the quarter was 21%. GAAP earnings per diluted share were 33 cents, a 57% increase from 21 cents in the fourth quarter of 2015. Non-GAAP (redefined) operating margin was a fourth-quarter record of 34%. On a non-GAAP (redefined) basis, the company's diluted EPS were an all-time record 65 cebts, a 160% increase from 25 cents in the prior-year quarter.

General Dynamics reached the 52-week high of $193.79

General Dynamics Corp. (GD) is an aerospace and defense company. It offers products and services in business aviation, including combat vehicles, weapons systems and munitions, shipbuilding and communication and information technology services and solutions. The company generates around 60% of its revenue from the U.S. government. Based on its old revenue recognition standard, the company generated $31.4 billion in 2016 sales ($30.6 billion restated).

The price of General Dynamics shares has reached $193.79, which is 1.6% off the 52-week high of $196.97. The company has a market cap of $58.46 billion; its shares were traded around $193.79 with a P/E ratio of 19.96 and P/S ratio of 1.93. The trailing 12-month dividend yield is 1.61%. The forward dividend yield is 1.73%. General Dynamics had an annual average earnings growth of 4.80% over the past 10 years.

The company reported first-quarter 2017 earnings from continuing operations of $763 million, a 16.7% increase over first-quarter 2016, on revenue of $7.4 billion. Diluted EPS from continuing operations were $2.48, a 19.2% increase from $2.08 in the year-ago quarter.

United Technologies reached the 52-week high of $118.99

United Technologies Corp. (UTX, Financial) provides technology products and services to the building systems and aerospace industries. The diversified industrial conglomerate sells aerospace and building components and systems.Â

The price of United Technologies shares has reached $118.99, which is 0.5% off the 52-week high of $119.61. The company has a market cap of $95.39 billion; its shares were traded around $118.99 with a P/E ratio of 18.53 and P/S ratio of 1.70. The trailing 12-month dividend yield is 2.22%. The forward dividend yield is 2.22%. United Technologies had an annual average earnings growth of 5.10% over the past 10 years.

The company reported first-quarter 2017 GAAP EPS of $1.73, up 32 cents or 23% from the prior year, and included 25 cents of favorable non-recurring significant items net of restructuring. Adjusted EPS of $1.48 was up 1%. Sales of $13.8 billion were up 3%, driven by organic growth and net acquisition growth, but partially offset by adverse foreign exchange. Net income for the quarter was $1.4 billion, up 18% from the prior year. Cash flow from operations for the quarter was $1 billion (72 percent of net income attributable to common shareholders) and capital expenditures were $325 million. Free cash flow of $668 million in the quarter was 48% of net income attributable to common shareowners.

Baxter International reached the 52-week high of $55.68

Baxter International Inc. (BAX, Financial) provides renal and hospital products. The company manufactures medical products across four major business segments.

The price of Baxter shares has reached $55.68, which is 1.5% off the 52-week high of $56.50. The company has a market cap of $30.18 billion; its shares were traded around $55.68 with a P/E ratio of 16.47 and P/S ratio of 3.02. The trailing 12-month dividend yield is 0.93%. The forward dividend yield is 0.93%.

The company reported first-quarter 2017 revenue of $2.5 billion, which increased 4% on a reported basis and 7% on an operational basis from the previous year. The company also reported first-quarter GAAP EPS of 50 cents and adjusted earnings of 58 cents per share increased 61%.

Director Albert Stroucken sold 4,280 shares on April 10 for an average price of $52.8 per share. The stock price has increased by 5.45% since then.

Disclosure: I do not own these stocks.

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