5 Companies Reach 52-Week Highs

Amphenol, Exelon, Associated Bank-Corp, Monster Beverage, Vantiv achieve annual milestone

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Aug 15, 2017
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According to GuruFocus, these stocks have reached their 52-week highs.

Amphenol reached the 52-week high of $77.97

Amphenol Corp. (APH, Financial) manufactures electrical, electronic and fiber optic connectors, interconnect systems and coaxial and flat-ribbon cables. Its products are used to transmit electrical and optical signals for a wide range of electronic applications.

The price of Amphenol shares has reached $77.97, which is 0.8% off the 52-week high of $78.58. The company has a market cap of $23.82 billion; its shares were traded around $77.97 with a price-earnings (P/E) ratio of 26.25 and a price-sales (P/S) ratio of 3.78. The trailing 12-month dividend yield is 0.80%. The forward dividend yield is 0.97%. Amphenol had an annual average earnings growth of 12.70% over the past 10 years.

Amphenol recently reported record GAAP diluted earnings per share (EPS) for the second quarter of 80 cents, compared to 65 cents for the comparable 2016 period. GAAP diluted EPS included a charge for acquisition-related transaction costs of approximately $4 million (one cent per share). Excluding the effect of this item, adjusted diluted EPS was a record 81 cents compared to 65 cents for the year-ago period. Sales for the quarter were a record $1.667 billion, up from $1.548 billion in the prior-year quarter. Currency translation decreased sales by approximately $18 million.

President and CEO Richard Adam Norwitt sold 200,000 shares for an average price of $77.95 per share on Aug. 3. The stock price has risen 0.03% since then. William J. Doherty,vice president and group general manager informatioan communications, sold 61,800 shares for an average price of $78.12 per share on Aug. 8. The stock price has declined 0.19% since then.

Exelon reached the 52-week high of $51.95

Exelon Corp. (EXCU, Financial) provides power generation and transmission activities. Since acquiring Pepco in 2016, Exelon serves more customers than any other U.S. utility. It operates in Illinois, Pennsylvania, Maryland, New Jersey, Delaware and Washington D.C.

The price of Exelon shares has reached $51.95, which is 0.8% off the 52-week high of $52.36. The company has a market cap of $33.16 billion; its shares were traded around $51.95 with a P/E ratio of 19.63 and a P/S ratio of 1.05. The trailing 12-month dividend yield is 1.56%. The forward dividend yield is 6.26%.

Exelon's GAAP net income for the second quarter of 2017 decreased to nine cents per share from 29 cents per share in the comparable quarter of 2016. Adjusted (non-GAAP) operating earnings declined to 54 cents per share from 65 cents per share in the year-ago quarter.

Associated Banc-Corp reached the 52-week high of $25.15

Associated Banc-Corp (ASBPRD, Financial) provides banking and related financial services to consumer and commercial customers. With more than $20 billion in assets and nearly 300 locations, it is Wisconsin's second-largest bank.

The price of Associated Banc-Corp shares has reached $25.15, which is 1.4% off the 52-week high of $25.50. The company has a market cap of $151.93 billion; its shares were traded around $25.15 with a P/E ratio of 16.01 and a P/S ratio of 3.16. The trailing 12-month dividend yield is 2.66%. The forward dividend yield is 5.33%. Associated Banc-corp had an annual average earnings growth of 12.10% over the past five years.

The company reported net income available to common equity of $56 million, or 36 cents per common share, for the quarter ended June 30. This compares to net income of $47 million, or 31 cents per common share, in the prior-year quarter.

Monster Beverage reached the 52-week high of $53.82

Monster Beverage Corp. (MNST, Financial) makes energy drinks. Its brands include Monster Energy, Java Monster, Monster Rehab, NOS, Full Throttle and Mother, among others.The company derives 90% of sales from the Monster Energy line of drinks.

The price of Monster Beverage shares has reached $53.82, which is 0.8% off the 52-week high of $54.24. The company has a market cap of $30.58 billion; its shares were traded around $53.82 with a P/E ratio of 40.47 and a P/S ratio of 9.80. Monster Beverage had an annual average earnings growth of 22.10% over the past 10 years.

The company reported net sales for the second quarter of $907.1 million, up 9.6% from $827.5 million in the same period last year. Gross sales increased 9.8% to $1.04 billion from $945.8 million a year ago. Unfavorable currency exchange rates reduced net sales by approximately $8.2 million and gross sales by approximately $11.6 million. Net income for quarter increased 20.9% to $222.6 million from $184.2 million in the same period last year. Net income per diluted share increased 28.6% to 39 cents.

Vantiv reached the 52-week high of $70.03

Vantiv Inc. (VNTV, Financial) is a payment processing company. It offers a suite of payment processing services through a single provider, including e-commerce and mobile devices.

The price of Vantiv shares has reached $70.03, which is 0.2% off the 52-week high of $70.15. The company has a market cap of $13.83 billion; its shares were traded around $70.03 with a P/E ratio of 54.71 and a P/S ratio of 3.44. Vantiv had an annual average earnings growth of 1.90% over the past five years.

Vantiv recently announced financial results for the second quarter. Total revenue increased 12% to $998.8 million. Net revenue increased 10% to $530.0 million from $480.5 million in the prior-year period. On a GAAP basis, net income per diluted share increased 11% to 42 cents. Pro forma adjusted net income per share increased 19% to 83 cents.

Disclosure: I do not own these stocks.