5 Companies Reach 52-Week Highs

Dentsply Sirona, Packaging Corp, CBRE Group, Cooper Companies, T. Rowe Price achieve annual milestone

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Jul 18, 2017
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According to GuruFocus, these stocks have reached their 52-week highs.

Dentsply Sirona reached the 52-week high of $65.11

Dentsply Sirona Inc. (XRAY, Financial) manufactures consumable dental products and other consumable medical device products. Dentsply Sirona is one of the world's largest manufacturers and distributors of dental supplies and equipment. Its product segments include dental consumables, lab products, CAD/CAM and imaging technology, medical devices and specialty products in orthodontics, endodontics and implantation. Over half of its products are sold through dental distributors, and approximately 65% of the company's sales are outside the U.S.

The price of Dentsply Sirona shares has reached $65.11, which is 0.9% off the 52-week high of $65.68. The company has a market cap of $14.93 billion; its shares were traded around $65.11 with a price-earnings (P/E) ratio of 42.01 and a price-sales (P/S) ratio of 3.96. The trailing 12-month dividend yield is 0.51%. The forward dividend yield is 0.54%. Dentsply Sirona had an annual average earnings growth of 4% over the past 10 years.

The company recently reported net sales of $900.5 million, an increase of 16.6% compared to $772.6 million in the first quarter of 2016. On a geographic basis, U.S. reported net sales of $313.5 million increased 12.1% from $279.7 million the year before. The company also reported net sales in Europe increased 19.8% to $372.7 million compared to $311.2 million in the year-ago quarter.

Packaging Corp. of America reached the 52-week high of $113.11

Packaging Corp. of America (PKG, Financial) produces containerboard and corrugated products in the U.S. It also produces multi-colored boxes and displays as well as meat boxes and wax-coated boxes.

The price of Packaging Corp shares has reached $113.11, which is 1.1% off the 52-week high of $114.31. The company has a market cap of $10.66 billion; its shares were traded around $113.11 with a P/E ratio of 23.08 and P/S ratio of 1.79. The trailing 12-month dividend yield is 2.23%. The forward dividend yield is 2.23%. The company had an annual average earnings growth of 14.30% over the past 10 years.

The company reported first-quarter 2017 net income of $117 million, or $1.24 per share and $1.27 per share excluding special items. First-quarter net sales were $1.5 billion in 2017 and $1.4 billion in 2016.

CBRE Group reached the 52-week high of $37.16

CBRE Group Inc. (CBG, Financial) offers real estate and investment services. The company provides a wide range of real estate services to owners, occupiers and investors worldwide. Its investment management arm manages nearly $90 billion for clients across diverse public and private real estate strategies.

The price of CBRE Group shares has reached $37.16, which is 0.8% off the 52-week high of $37.47. The company has a market cap of $12.56 billion; its shares were traded around $37.16 with a P/E ratio of 20.31 and P/S ratio of 0.95. CBRE Group had an annual average earnings growth of 14.80% over the past five years.

Revenue for the first quarter totaled $3 billion, an increase of 5%. On a GAAP basis, net income and diluted EPS both increased 58% to $129.6 million and 38 cents per share, respectively. Adjusted net income for quarter rose 20% to $144.8 million, while adjusted EPS improved 19% to 43 cents per share.

CEOÂ William F. Concannon sold 15,000 shares on June 30 for an average price of $36.57 per share. The stock price has increased by 1.61% since then.

The Cooper Companies reached the 52-week high of $250.36

The Cooper Companies Inc. (COO, Financial) is a medical device company that manufactures contact lenses and women's health care products. Accounting for over 80% of total sales, Cooper Vision is one of the world's top four developers and manufacturers of contact lenses. At roughly 20% of total sales, Cooper Surgical develops and manufactures diagnostic and surgical products for gynecologists and obstetricians.

The price of Cooper shares has reached $250.36, which is -0.6% off the 52-week high of $248.95. The company has a market cap of $12.23 billion; its shares were traded around $250.36 with a P/E ratio of 37.54 and P/S ratio of 6.01. The trailing 12-month dividend yield is 0.02%. The forward dividend yield is 0.02%. The Cooper Companies had an annual average earnings growth of 13% over the past 10 years.

The company reported second-quarter 2017 revenue increased 8% year over year to $522.4 million. CooperVision (CVI) revenue gained 4% to $408.5 million. CooperSurgical (CSI) revenue increased 23% to $113.9 million. Second-quarter GAAP diluted EPS was $2.12, up 60 cents or 39% from last year's second quarter. Second-quarter non-GAAP diluted EPS of $2.50 was up 45 cents or 22% from last year.

President and CEO of CooperSurgical Paul L. Remmell sold 9,294 shares on July 14 for an average price of $248.46 per  share. The stock price has increased by 0.76% since then.

T. Rowe Price Group reached the 52-week high of $80.16

T. Rowe Price Group Inc. (TROW, Financial) is a financial services holding company that provides asset management services for individual and institutional investors. Approximately two-thirds of its managed assets are held in retirement accounts and variable-annuity investment portfolios. T. Rowe Price also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company had $861.6 billion in total assets under management at the end of March.

The price of T. Rowe Price Group shares has reached $80.16, which is -0.1% off the 52-week high of $80.05. T. Rowe Price has a market cap of $19.34 billion; its shares were traded around $80.16 with a P/E ratio of 15.77 and P/S ratio of 4.59. The trailing 12-month dividend yield is 2.77%. The forward dividend yield is 2.84%. The company had an annual average earnings growth of 11.30% over the past 10 years.

The company reported first-quarter 2017 results, posting net revenues of $1.1 billion, net income of $385.9 million and diluted EPS of $1.54. On a comparable basis, net revenues were $1.0 billion, net income was $304.1 million and diluted EPS was $1.18 in the first quarter of 2016.

Disclosure: I do not own these stocks.