According to GuruFocus updates, these Guru stocks have reached their 52-Week Highs: Schering-Plough Corp. (SGP, Financial), IAMGOLD Corp. (IAG, Financial), Lancaster Colony Corp. (LANC, Financial), Green Mountain Coffee Roasters Inc. (GMCR, Financial)
Schering-Plough Corp. (SGP) Reached the 52-Week High of $23.66
Schering-Plough Corporation and its subsidiaries discover, develop, manufacture, and market pharmaceutical products worldwide. The company operates mostly in the prescription pharmaceutical marketplace; however, where appropriate, the company has sought regulatory approval to switch prescription products to over-the-counter status. Schering-Plough Corp. has a market cap of $38.48 billion; its shares were traded at around $23.66 with a P/E ratio of 13.5 and P/S ratio of 2.1. The dividend yield of ScheringPlough Corp. stocks is 1.1%.
SGP is in the portfolios of Irving Kahn of Kahn Brothers & Company Inc., Edward Owens of Vanguard Health Care Fund, Bill Nygren of Oak Mark Fund, Bill Nygren of Oak Mark Fund, Richard Pzena of Pzena Investment Management LLC, Chris Davis of Davis Selected Advisers, HOTCHKIS & WILEY of HOTCHKIS & WILEY Capital Management LLC, Charles Brandes of Brandes Investment, Ken Heebner of CAPITAL GROWTH MANAGEMENT LP, Jean-Marie Eveillard of Arnhold & S. Bleichroeder Advisers, LLC, Dodge & Cox.
On February 3, 2009, Schering-Plough Corp. released its financial results for fourth quarter and full year ended on 2008. For the 2008 fourth quarter, Schering-Plough reported net income available to common shareholders of $442 million. For the 2007 fourth quarter, Schering-Plough reported a net loss of $3.4 billion. GAAP net sales for the 2008 fourth quarter totaled $4.3 billion, up 17 percent as compared to the fourth quarter of 2007. For the full-year 2008, Schering-Plough reported net income available to common shareholders of $1.6 billion. For the full-year 2007, Schering-Plough reported a net loss of $1.6 billion. Schering-Plough reported full-year 2008 GAAP net sales of $18.5 billion, a 46 percent increase, compared to $12.7 billion in 2007.
On March 9, 2009, Merk and Schering announced that they are going to merger. Schering shareholders will get $10.50 in cash and 0.5767 Merck shares for each Schering-Plough share they own.
Buy: Director Thomas J Colligan bought 10,000 shares of SGP stock on 11/21/2008 at the average price of $13.88; the price of the stock has increased by 70.46% since. Buy: Director Jack L Stahl bought 10,000 shares of SGP stock on 10/29/2008; the price of the stock has also increased by more than 70%.
IAMGOLD Corp. (IAG) Reached the 52-Week High of $8.45
IAMGOLD Corp is an international gold exploration and mining company based in Canada. It holds a 38% stake in the Sadiola Gold Mine and a 40% stake in the Yatela Gold Mine, which are both located in Mali West Africa. The company is actively exploring highly prospective ground in Africa and South America. IAMGOLD Corp. has a market cap of $2.75 billion; its shares were traded at around $8.45 with a P/E ratio of 23.5 and P/S ratio of 3.1. The dividend yield of IAMGOLD Corp. stocks is 0.6%.
For full-year ending 12/31/08, IAMGOLD Corp. had record revenues of $869.6 million, a 28% increase over the prior year. Fourth quarter revenues reached $209.6 million, an 8% increase over the same quarter of 2007. Net loss for the full year was $9.9 million; the net loss in 2007 was $42.1 million. The net loss for the fourth quarter of 2008 was $96.4 million compared to net earnings of $8.5 million in the fourth quarter of 2007.
IAG is in the portfolio of David Dreman of Dreman Value Management.
Lancaster Colony Corp. (LANC) Reached the 52-Week High of $42.42
Lancaster Colony Corp. manufactures and markets three families of products: Glassware and Candles; Specialty Foods; and Automotive. Lancaster Colony Corp. has a market cap of $1.19 billion; its shares were traded at around $42.42 with a P/E ratio of 22.6 and P/S ratio of 1.2. The dividend yield of Lancaster Colony Corp. stocks is 2.7%.
Lancaster Colony Corp.’s second quarter ended on 12/31/08. Consolidated net sales increased seven percent to $288 million versus $269 million in the second quarter last year, and income from continuing operations totaled $28,452,000 compared with $15,274,000 for the corresponding quarter a year ago.
Green Mountain Coffee Roasters Inc. (GMCR) Reached the 52-Week High of $44.48
Green Mountain Coffee produces a variety of coffee which it sells through a coordinated multi-channel distribution network in its wholesale and direct mail operations. This distribution network is designed to maximize brand recognition and product availability. The company is one of the leading specialty coffee companies in its established markets. Green Mountain Coffee Roasters Inc. has a market cap of $1.1 billion; its shares were traded at around $44.48 with a P/E ratio of 48.3 and P/S ratio of 2.2. Green Mountain Coffee Roasters Inc. had an annual average earning growth of 29.9% over the past 10 years.
Green Mountain Coffee Roaster’s first quarter for 2009 ended on 12/27/08. Net sales for the first quarter of fiscal 2009 totaled $197.0 million as compared to $126.4 million reported in the first quarter of fiscal 2008, representing an increase of 56% over the same quarter prior year. Net income for the first quarter of fiscal 2009 increased 392% to $14.4 million, from $2.9 million in the first quarter of fiscal 2008.
Buy: Director William D Davis bought 6,000 shares of GMCR stock on 11/28/2008 at the average price of $36.42 and the price of the stock has increased by 22.13% since then. Buy: Director Michael J Mardy bought 1,000 shares of GMCR stock a week before; the price of the stock has increased by 49.71% since. Sell: V.P. H.R. and Organisat. Dev. Kathryn S Brooks and Sell: Vice President Stephen J Sabol both sold shares on 3/19/08 and the price of the stock has decreased by 3.3% since.
Schering-Plough Corp. (SGP) Reached the 52-Week High of $23.66
Schering-Plough Corporation and its subsidiaries discover, develop, manufacture, and market pharmaceutical products worldwide. The company operates mostly in the prescription pharmaceutical marketplace; however, where appropriate, the company has sought regulatory approval to switch prescription products to over-the-counter status. Schering-Plough Corp. has a market cap of $38.48 billion; its shares were traded at around $23.66 with a P/E ratio of 13.5 and P/S ratio of 2.1. The dividend yield of ScheringPlough Corp. stocks is 1.1%.
SGP is in the portfolios of Irving Kahn of Kahn Brothers & Company Inc., Edward Owens of Vanguard Health Care Fund, Bill Nygren of Oak Mark Fund, Bill Nygren of Oak Mark Fund, Richard Pzena of Pzena Investment Management LLC, Chris Davis of Davis Selected Advisers, HOTCHKIS & WILEY of HOTCHKIS & WILEY Capital Management LLC, Charles Brandes of Brandes Investment, Ken Heebner of CAPITAL GROWTH MANAGEMENT LP, Jean-Marie Eveillard of Arnhold & S. Bleichroeder Advisers, LLC, Dodge & Cox.
On February 3, 2009, Schering-Plough Corp. released its financial results for fourth quarter and full year ended on 2008. For the 2008 fourth quarter, Schering-Plough reported net income available to common shareholders of $442 million. For the 2007 fourth quarter, Schering-Plough reported a net loss of $3.4 billion. GAAP net sales for the 2008 fourth quarter totaled $4.3 billion, up 17 percent as compared to the fourth quarter of 2007. For the full-year 2008, Schering-Plough reported net income available to common shareholders of $1.6 billion. For the full-year 2007, Schering-Plough reported a net loss of $1.6 billion. Schering-Plough reported full-year 2008 GAAP net sales of $18.5 billion, a 46 percent increase, compared to $12.7 billion in 2007.
On March 9, 2009, Merk and Schering announced that they are going to merger. Schering shareholders will get $10.50 in cash and 0.5767 Merck shares for each Schering-Plough share they own.
Buy: Director Thomas J Colligan bought 10,000 shares of SGP stock on 11/21/2008 at the average price of $13.88; the price of the stock has increased by 70.46% since. Buy: Director Jack L Stahl bought 10,000 shares of SGP stock on 10/29/2008; the price of the stock has also increased by more than 70%.
IAMGOLD Corp. (IAG) Reached the 52-Week High of $8.45
IAMGOLD Corp is an international gold exploration and mining company based in Canada. It holds a 38% stake in the Sadiola Gold Mine and a 40% stake in the Yatela Gold Mine, which are both located in Mali West Africa. The company is actively exploring highly prospective ground in Africa and South America. IAMGOLD Corp. has a market cap of $2.75 billion; its shares were traded at around $8.45 with a P/E ratio of 23.5 and P/S ratio of 3.1. The dividend yield of IAMGOLD Corp. stocks is 0.6%.
For full-year ending 12/31/08, IAMGOLD Corp. had record revenues of $869.6 million, a 28% increase over the prior year. Fourth quarter revenues reached $209.6 million, an 8% increase over the same quarter of 2007. Net loss for the full year was $9.9 million; the net loss in 2007 was $42.1 million. The net loss for the fourth quarter of 2008 was $96.4 million compared to net earnings of $8.5 million in the fourth quarter of 2007.
IAG is in the portfolio of David Dreman of Dreman Value Management.
Lancaster Colony Corp. (LANC) Reached the 52-Week High of $42.42
Lancaster Colony Corp. manufactures and markets three families of products: Glassware and Candles; Specialty Foods; and Automotive. Lancaster Colony Corp. has a market cap of $1.19 billion; its shares were traded at around $42.42 with a P/E ratio of 22.6 and P/S ratio of 1.2. The dividend yield of Lancaster Colony Corp. stocks is 2.7%.
Lancaster Colony Corp.’s second quarter ended on 12/31/08. Consolidated net sales increased seven percent to $288 million versus $269 million in the second quarter last year, and income from continuing operations totaled $28,452,000 compared with $15,274,000 for the corresponding quarter a year ago.
Green Mountain Coffee Roasters Inc. (GMCR) Reached the 52-Week High of $44.48
Green Mountain Coffee produces a variety of coffee which it sells through a coordinated multi-channel distribution network in its wholesale and direct mail operations. This distribution network is designed to maximize brand recognition and product availability. The company is one of the leading specialty coffee companies in its established markets. Green Mountain Coffee Roasters Inc. has a market cap of $1.1 billion; its shares were traded at around $44.48 with a P/E ratio of 48.3 and P/S ratio of 2.2. Green Mountain Coffee Roasters Inc. had an annual average earning growth of 29.9% over the past 10 years.
Green Mountain Coffee Roaster’s first quarter for 2009 ended on 12/27/08. Net sales for the first quarter of fiscal 2009 totaled $197.0 million as compared to $126.4 million reported in the first quarter of fiscal 2008, representing an increase of 56% over the same quarter prior year. Net income for the first quarter of fiscal 2009 increased 392% to $14.4 million, from $2.9 million in the first quarter of fiscal 2008.
Buy: Director William D Davis bought 6,000 shares of GMCR stock on 11/28/2008 at the average price of $36.42 and the price of the stock has increased by 22.13% since then. Buy: Director Michael J Mardy bought 1,000 shares of GMCR stock a week before; the price of the stock has increased by 49.71% since. Sell: V.P. H.R. and Organisat. Dev. Kathryn S Brooks and Sell: Vice President Stephen J Sabol both sold shares on 3/19/08 and the price of the stock has decreased by 3.3% since.
