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52-Week High Companies: Darden Restaurants, Check Point Software Technologies, Dendreon, Panera Bread Company, and 3Com Corp

April 27, 2009 | About:
Ron Brounes

According to GuruFocus updates, these Guru stocks have reached their 52-Week Highs: Darden Restaurants Inc. (DRI), Check Point Software Technologies Ltd. (CHKP), Dendreon Corp. (DNDN), Panera Bread Company (PNRA), and 3Com Corp. (COMS)

Darden Restaurants Inc. (DRI) Reached the 52-Week High of $39.72

Darden Restaurants Inc. is the world's largest casual dining restaurant company based on market share sales and number of company-owned and operated restaurants. Darden engages in the ownership and operation of casual dining restaurants in the United States and Canada. Darden Restaurants Inc. has a market cap of $5.44 billion; its shares were traded at around $39.72 with a P/E ratio of 15.1 and P/S ratio of 0.82. The dividend yield of Darden Restaurants Inc. stocks is 2.01%. Darden Restaurants Inc. had an annual average earning growth of 15.1% over the past 10 years. GuruFocus rated Darden Restaurants Inc. the business predictability rank of 4.5-star.

Darden Restaurants, Inc. recently reported sales and diluted net earnings per share for the third quarter ended February 22, 2009. In the third quarter, diluted net earnings per share from continuing operations were 78 cents, a decrease of 2.5%, versus 80 cents in the prior year. Third quarter sales from continuing operations were $1.80 billion, compared to $1.81 billion in the third quarter last year, a 0.7% decrease.

DRI is in the portfolio of John Hussman of Hussman Economtrics Advisors, Inc

Sell: Chairman, CEO Clarence Jr Otis sold 95,525 shares of DRI stock total thoughout January and March; the price per share has increased more than 16% since his latest sell. Sell: CFO, SVP C Bradford Richmond sold 31,152 shares during April and March. Sell: President, COO Andrew H Madsen , Sell: SVP, General Counsel & Sec. Paula J Shives , and Sell: SVP & Corp. Controller Valerie K Collins all sold shares this month and Sell: Director Cornelius III Mcgillicudy and Sell: SVP Human Resources Daniel M Lyons sold shares in March.

Check Point Software Technologies Ltd. (CHKP) Reached the 52-Week High of $25.18


Check Point Software Technologies Ltd. is a leading provider of policy-based enterprise security and traffic management solutions. Through its patented Stateful Inspection technology, the company delivers Secure Enterprise Connectivity solutions that protect information assets and enhance the performance of enterprise networks. Check Point Software Technologies Ltd. has a market cap of $5.29 billion; its shares were traded at around $25.18 with a P/E ratio of 15.26 and P/S ratio of 6.54. Check Point Software Technologies Ltd. had an annual average earning growth of 15.9% over the past 10 years. GuruFocus rated Check Point Software Technologies Ltd. the business predictability rank of 2-star.

Check Point Software Technologies Ltd. recently reported results for the quarter ended March 31, 2009. Total revenues were $195.0 million, an increase of 2 percent, compared to $191.6 million in the first quarter of 2008. GAAP net income was $80.9 million compared to $78.3 million in the first quarter of 2008.

CHKP is in the portfolios of John Hussman of Hussman Economtrics Advisors, Inc. and David Dreman of Dreman Value Management.

Dendreon Corp. (DNDN) Reached the 52-Week High of $20.08

Dendreon Corporation discovers and develops immunologically based therapeutic products for the treatment of cancer. Through the use of antigen engineering and proprietary cell separation technologies, Dendreon develops therapeutic vaccines that induce cell-mediated immunity, the body's key defense against cancer. Dendreon Corp. has a market cap of $1.97 billion; its shares were traded at around $20.08 with and P/S ratio of 17764.8. Dendreon Corp. had an annual average earning growth of 15.3% over the past 5 years.

On March 12, 2009, Dendreon Corporation reported results for the quarter ended December 31, 2008. Revenues for the fourth quarter of 2008 were $28,000, compared to $28,000 for the same period in 2007. Net loss in the fourth quarter of 2008 was $8.8 million or $0.09 per share, compared to a net loss of $27.0 million, or $0.32 per share, for the same period in 2007.

DNDN is in the portfolios of PRIMECAP Management.

Sell: Principal Accounting Officer Greg Cox and Sell: Director Gerardo Canet both sold shares of DNDN this month.

Panera Bread Company (PNRA) Reached the 52-Week High of $63.75

Panera Bread Company operates a retail bakery-cafe business and franchising business under the concept names Panera Bread Company and Saint Louis Bread Company. The concept specializes in high quality food for breakfast and lunch, including fresh baked goods, made-to-order sandwiches on freshly baked breads, soups, salads, custom roasted coffees, and other cafe beverages. The company targets suburban dwellers and workers by offering a premium specialty bakery and cafe experience with a neighborhood experience.> Panera Bread Company has a market cap of $1.79 billion; its shares were traded at around $57.96 with a P/E ratio of 24.77 and P/S ratio of 1.38. Panera Bread Company had an annual average earning growth of 20% over the past 5 years.

On February 12, 2009, Panera Bread Company reported net income of $26 million, or $0.84 per diluted share, for the fourth quarter ended December 30, 2008, including $0.03 per diluted share of charges. These results compare to net income of $18 million, or $0.56 per diluted share, for the fourth quarter ended December 25, 2007.

PNRA is in the portfolios of John Hussman of Hussman Economtrics Advisors, Inc. and Ron Baron of Baron Funds.

Sell: SVP, CFO Jeffrey W Kip sold 25,475 shares of PNRA stock last month; the price of the stock has increased by 12.43% since. Buy: Director Charles J Iii Chapman bought 145 shares in January and the price of the stock has increased by 7.04% since. Sell: SVP, Company and JV Operations William Henry Jr. Simpson, Sell: SVP, Chief Legal Officer, Sec. Scott G Blair, and Sell: Director Domenic Colasacco all sold shares last month.

3Com Corp. (COMS) Reached the 52-Week High of $3.99

3Com simplifies how people connect to information and services through easy-to-use connectivity products and solutions for consumers and commercial organizations. The company also provides access infrastructures and Internet Protocol services platforms for network service providers. (Company Press Release) 3Com Corp. has a market cap of $1.54 billion; its shares were traded at around $3.99 with a P/E ratio of 10.5 and P/S ratio of 1.19.

3Com Corporation recently reported financial results for its fiscal 2009 third quarter, which ended February 27, 2009. Revenue in the quarter was $324.7 million, compared to revenue of $336.4 million in the corresponding period in fiscal 2008, a 3.5 percent decrease. Net income in the quarter was $1.9 million, or $0.00 per diluted share, compared with a net loss of $7.8 million, or $(0.02) per share, in the third quarter of fiscal year 2008.

3Com is in the portfolios of Irving Kahn of Kahn Brothers & Company Inc., Charles Brandes of Brandes Investment, Kenneth Fisher of Fisher Asset Management, LLC, Kenneth Fisher of Fisher Asset Management, LLC.


Rating: 2.3/5 (3 votes)

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