5 Companies Hit 52-Week Highs

Home Depot among stocks achieving milestones

Author's Avatar
May 09, 2017
Article's Main Image

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

DTE Energy reached the 52-week high of $104.54

DTE Energy Co. (DTE, Financial) is engaged in utility operations. Its segments include electric, gas and nonutility operations. DTE Energy owns two regulated utilities: Detroit Edison and DTE Gas.

Detroit Edison is the nation's 12th-largest electric utility, supplying energy to 2.2 million customers in southeastern Michigan. DTE Gas is the nation's 10th-largest natural gas local distribution company and has 1.2 million customers. In addition, DTE has material nonstate-regulated businesses including energy marketing and trading, gas transportation and storage and on-site industrial energy projects.

The price of DTE Energy shares has reached $104.54, which is 1.2% off the 52-week high of $105.81. DTE Energy has a market cap of $18.76 billion; its shares were traded around $104.54 with a price-earnings (P/E) ratio of 18.40 and price-sales (P/S) ratio of 1.66. DTE Energy's trailing 12-month dividend yield is 3.01%. The forward dividend yield is 3.16%. DTE Energy had an annual average earnings growth of 0.20% over the past 10 years.

The company reported first-quarter earnings of $400 million, or $2.23 per diluted share, compared with $247 million, or $1.37 per diluted share, in 2016. Operating earnings for the first quarter were $322 million, or $1.79 per diluted share, compared with 2016 operating earnings of $274 million, or $1.52 per diluted share.

Chairman and CEO Gerard M. Anderson sold 17,000 shares for $104.77 per share on April 28. The stock price has decreased by 0.22% since.

Home Depot reached the 52-week high of $155.73

The Home Depot Inc. (HD, Financial)Â is the world's largest home-improvement specialty retailer. Its stores sell an assortment of building materials, home improvement and lawn and garden products and provide a number of services.

Home Depot operates nearly 2,300 warehouse-format stores throughout the U.S., Canada and Mexico. The firm's stores offer products and services for home construction, renovation, remodeling and maintenance. The acquisition of direct marketer and distributor Interline Brands in 2015 allowed the company to enter the maintenance, repair and operations sector.

The price of Home Depot shares has reached $155.73, which is 0.3% off the 52-week high of $156.27. Home Depot has a market cap of $187.5 billion; its shares were traded around $155.73 with a P/E ratio of 24.14 and P/S ratio of 2.04. The trailing 12-month dividend yield of Home Depot stocks is 1.90%. Home Depot's forward dividend yield is 2.29%. Home Depot had an annual average earnings growth of 11.50% over the past 10 years.

The company recently reported sales of $22.2 billion for fourth-quarter fiscal 2016, a 5.8% increase from the fourth quarter of fiscal 2015. Comparable store sales for the fourth quarter of fiscal 2016 were positive 5.8%, and comp sales for U.S. stores were positive 6.3%.

Net earnings for the fourth quarter of fiscal 2016 were $1.7 billion, or $1.44 per diluted share, compared with net earnings of $1.5 billion, or $1.17 per diluted share, in the same period of fiscal 2015. For the fourth quarter of fiscal 2016, diluted earnings per share increased 23.1% from the same period in the prior year.

Restaurant Brands International reached the 52-week high of $58.86

Restaurant Brands International Inc. (QSR, Financial) owns and operates restaurants. It is a quick service restaurant company. The company's brands include Tim Hortons and Burger King (BKW, Financial). The consolidation of Burger King, Tim Hortons and Popeyes Louisiana Kitchen as Restaurant Brands International created the third-largest global QSR chain with $27.9 billion in system sales and 23,000 units in 2016 (99% franchised). Revenue comes largely from franchise royalties and distribution sales to franchisees. Worldwide, there were 15,700 Burger King locations, 4,600 Tim Hortons locations and 2,700 Popeyes locations as of December 2016.

The price of Restaurant Brands International shares has reached $58.86, which is 0.1% off the 52-week high of $58.89. Restaurant Brands International has a market cap of $13.24 billion; its shares were traded around $58.86 with a P/E ratio of 42.20 and P/S ratio of 6.77. Restaurant Brands International's trailing 12-month dividend yield is 0.87%. The forward dividend yield is 1.29%.

CSX reached the 52-week high of $52.50

CSX Corp. (CSX, Financial) is a freight rail transportation company. The company provides rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers. CSX is an $11 billion railroad operating in the eastern U.S. On its 20,800 miles of track, CSX hauls shipments of coal products (17% of consolidated revenue), chemicals (20%), intermodal containers (16%) and a diverse mix of other merchandise.

The price of CSX shares has reached $52.50, which is 0.0% off the 52-week high of $52.50. CSX has a market cap of $46.91 billion; its shares were traded around $52.50 with a P/E ratio of 28.69 and P/S ratio of 4.37. CSX's trailing 12-month dividend yield is 1.37%. The forward dividend yield is 1.52%.

CSX had an annual average earnings growth of 9.00% over the past 10 years. GuruFocus rated CSXÂ the business predictability rank of 2.5-star.

The company reported first quarter net earnings of $362 million, or 39 cents per share, up from $356 million, or 37 cents per share, in the same period of last year. Excluding a $173 million restructuring charge in this year’s first-quarter results, adjusted earnings per share was 51 cents. Revenue for the quarter increased 10%, reflecting volume growth across most markets, overall core pricing gains, increased fuel recovery and favorable mix. Although the $173 million restructuring charge drove a 13% year-over-year increase in expenses for the first quarter, the company delivered strong efficiency savings of $123 million.

CEO and President E. Hunter Harrison bought 300,000 shares for $50.2 per share on April 24. The stock price has increased by 4.58% since.

Synopsys reached the 52-week high of $74.28

Synopsys Inc. (SNPS, Financial) is a provider of software, intellectual property and services used to design integrated circuits and electronics systems. It also provides software and services used to develop electronic systems that incorporate chips.

Synopsys is a provider of electronic design automation software and intellectual property products to designers, engineers and developers. The software enables designers to automate the integrated circuit design process, reduce errors and verify that the design behaves as intended. Its intellectual property products include solutions for wired and wireless interfaces, logic libraries and embedded memories and configurable processor cores.

The company derives revenue from the sale of software licenses as well as from maintenance and professional fees. Roughly half of the firm's revenue is generated in the U.S., with the rest coming from Europe, Japan and the Asia-Pacific region.

The price of Synopsys shares has reached $74.28, which is 0.0% off the 52-week high of $74.30. Synopsys has a market cap of $11.07 billion; its shares were traded around $74.28 with a P/E ratio of 39.09 and P/S ratio of 4.58. Synopsys had an annual average earnings growth of 10.70% over the past 10 years. GuruFocus rated Synopsys the business predictability rank of 4-star.

For the first quarter of fiscal 2017, Synopsys reported revenue of $652.8 million, compared to $568.6 million for the first quarter of fiscal 2016, an increase of approximately 15%. The company also reported a GAAP earnings per share of 56 cents while non-GAAP earnings per share were 94 cents.

Disclosure: I do not own these stocks.

Start a free seven-day trial of Premium Membership to GuruFocus.