5 Companies Hit 52-Week Highs

Multiple companies have managed to achieve yearly highs recently

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Jun 27, 2017
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According to GuruFocus' list, these stocks have reached their 52-week highs.

Henry Schein reached the 52-week high of $184.17

Henry Schein Inc. (HSIC, Financial)Â is engaged in providing health care products and services to office-based dental, animal health and medical practitioners. It also provides its services to government, institutional health care clinics and other alternate care clinics.

Henry Schein distributes health care products in three primary categories – and dental, animal health and medical. The segments represent approximately 50%, 28% and 20% of sales.

Schein also offers office software products, in addition to technical, financial and educational services. Approximately 35% of Schein's sales are outside the U.S.; the company is based in Melville, New York.

The price of Henry Schein shares has reached $184.17, which is 1.5% off the 52-week high of $186.99. Henry Schein has a market cap of $14.61 billion; its shares were traded at $184.17 with a price-earnings (P/E) ratio of 28.03 and a price-sales (P/S) ratio of 1.27. Henry Schein had an annual average earnings growth of 10.20% over the past 10 years. GuruFocus rated Henry Schein the business predictability rank of 5-star.

The company reported that net sales for the quarter ended April 1 were $2.9 billion, an increase of 7.7% compared with the first quarter of 2016. This consisted of 8.7% growth in local currencies and a 1.0% decline related to foreign currency exchange. In local currencies, internally generated sales increased 5.9% and acquisition growth was 2.8%.

Net income attributable to Henry Schein for the first quarter was $140.7 million, or $1.76 per diluted share. This represents growth of 23.7% and 28.5% when compared with GAAP results for the first quarter of 2016, or growth of 20.5% and 24.8% compared with non-GAAP results for the first quarter of 2016. Note that the first quarter of 2016 included restructuring costs of $4.1 million pretax, or 4 cents per diluted share.

Canadian Pacific Railway reached the 52-week high of $159.24

Canadian Pacific Railway Ltd. (CP, Financial)Â is engaged in rail transportation. It provides freight transportation services, logistics solutions and supply chain expertise in Canada and the U.S. Canadian Pacific is a 6.2 billion Canadian dollars ($4.679 billion) railroad operating on 18,703 miles of track across most of Canada and in the Midwestern and Northeastern U.S.; it is the second-smallest Class I railroad by revenue and route miles. During 2016, Canadian Pacific hauled shipments of intermodal containers (22% of freight revenue), chemicals, plastics and crude oil (14%), grain (24%), coal (10%), fertilizer and potash (10%), automotive products (6%) and a diverse mix of other merchandise.

The price of Canadian Pacific Railway shares has reached $159.24, which is 0.8% off the 52-week high of $160.45. Canadian Pacific Railway has a market cap of $23.31 billion; its shares were traded at $159.24 with a P/E ratio of 20.76 and P/S ratio of 4.96.

Canadian Pacific Railway's trailing 12-month dividend yield is 0.95%. The forward dividend yield is 1.03%. Canadian Pacific Railway had an annual average earnings growth of 8.90% over the past 10 years.

The company recently announced first-quarter 2017 revenues of 1.6 billion Canadian dollars, up 1% from 2016 and reported diluted earnings per share (EPS) of $2.93, or $2.50 on an adjusted diluted EPS basis. Revenues increased 1% to $1.603 billion from $1.591 billion. Reported diluted EPS fell 17% to $2.93 from $3.51, and adjusted diluted EPS were flat year over year at $2.50. Reported operating ratio decreased by 80 basis points to 58.1% from 58.9%. The operating ratio in the first quarter of 2017 includes a $51 million recovery associated with the early departure of the previous CEO. Adjusted operating ratio, which excludes this gain, increased by 240 basis points in the first quarter to 61.3%.

Time Warner reached the 52-week high of $99.70

Time Warner Inc. (TWX, Financial)Â is a media and entertainment company. It operates its business in three segments which include Turner, Home Box Office and Warner Bros. Time Warner is a pure-play entertainment company that owns several television networks, including HBO, CNN, TNT and the CW. The filmed entertainment segment creates and distributes movies and television programming for internal and external distribution outlets. Warner Bros. and New Line Cinema combine to form the largest filmmaker in the world. The company owns a deep and valuable content library that includes popular movie franchises like DC Comics and Harry Potter and television programs like "Friends" and "The Big Bang Theory."

The price of Time Warner shares has reached $99.70, which is 0.9% off the 52-week high of $100.60. Time Warner has a market cap of $77.32 billion; its shares were traded at $99.70 with a P/E ratio of 18.99 and P/S ratio of 2.64.

Time Warner's trailing 12-month dividend yield is 1.61%. The forward dividend yield is 1.61%. Time Warner had an annual average earnings growth of 0.50% over the past 10 years.

The company reported the following for the first quarter:

• Revenues increased 6% to $7.7 billion.

• Operating income grew 4% to $2.1 billion and adjusted operating income grew 7% to $2.2 billion.

• Home Box Office posted record quarterly operating income and adjusted operating income.

• EPS grew 23% to $1.80 and adjusted EPS grew 11% to $1.66.

• Cash provided by operations from continuing operations and free cash flow totaled $1.5 billion and $1.4 billion, up 94% and 92%.

Executive Vice President and Chief Financial Officer Howard M. Averill bought 255 shares for $99.67 per share on June 15. The stock price has increased by 0.03% since.

NetEase reached the 52-week high of $333.56

NetEase Inc. (NTES, Financial)Â operates an interactive online community in China and is a provider of Chinese language content and services through its online games, internet portal, email and wireless value-added services businesses. NetEase operates one of China's most popular internet portals and is a leading online game developer and operator. It has successfully launched a series of multiplayer online games developed in-house and also offers popular games licensed from developers such as Activision Blizzard (ATVI, Financial). Gaming revenue accounts for about 76% of total sales.

The price of NetEase shares has reached $333.56, which is -1.9% off the 52-week high of $327.26. Netease has a market cap of $43.78 billion; its shares were traded at $333.56 with a P/E ratio of 22.99 and P/S ratio of 6.83.

Netease's trailing 12-month dividend yield is 1.09%. The forward dividend yield is 1.30%. Netease had an annual average earnings growth of 24.90% over the past 10 years. GuruFocus rated Netease Inc the business predictability rank of 5-star.

The company recently announced its unaudited financial results for the first quarter ended March 31.

  • Net revenues were 13.6 billion renminbi yuan ($1.99 billion), an increase of 72.3% compared with the first quarter of 2016.
  • Gross profit was 7.5 billion yuan, an increase of 63.2% compared with the first quarter of 2016.
  • Total operating expenses were 2.7 billion yuan, an increase of 57.8% compared with the first quarter of 2016.
  • Net income attributable to the company's shareholders was 3.9 billion yuan, an increase of 59.4% compared with the first quarter of 2016. Non-GAAP net income attributable to the company's shareholders was 4.3 billion yuan, an increase of 62.6% compared with the first quarter of 2016. [1 ]

CGI Group reached the 52-week high of $51.22

CGI Group Inc. (GIB, Financial)Â manages information technology services. The company's services include the management of IT and business functions, systems integration and consulting as well as the sale of software solutions.

CGI Group is a Canada-based vendor-independent IT services provider founded by Serge Godin and André Imbeau in 1976. The company generates more than 10 billion Canadian dollars in annual revenue and operates across 40 countries and 400 offices. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance and business process outsourcing, predominantly across North America and Europe. The company's largest vertical market is government, which contributes around 34% of group revenue.

The price of CGI Group shares has reached $51.22, which is 0.1% off the 52-week high of $51.29. CGI Group has a market cap of $15.14 billion; its shares were traded at $51.22 with a P/E ratio of 18.94 and P/S ratio of 1.96. CGI Group had an annual average earnings growth of 16.20% over the past 10 years. GuruFocus rated CGI Group the business predictability rank of 3.5-star.

The company recently reported fiscal 2017 second-quarter revenues of $2.7 billion, essentially stable compared with last year as foreign exchange fluctuations negatively impacted revenue by $178.6 million. On a constant currency basis, revenue grew by 5.6%. Adjusted EBIT increased to $395.1 million, representing a margin of 14.5%, compared with $390.6 million, or 14.2% in second-quarter fiscal 2016. Net earnings were $274.4 million in the fiscal second quarter, representing 90 cents per diluted share. Net earnings excluding specific items were $275.2 million or 10.1% of revenue, compared with $268.3 million last year. When excluding specific items, earnings per diluted share were 91 cents, compared with 86 cents last year.

Senior Officer Jean-Michel Baticle sold 100 shares on May 29 for $66.27 per share. The stock price has decreased by 22.71% since.

Disclosure: I do not own these stocks.