5 Companies Hit 52-Week Highs

Cerner, Intuitive Surgical, Cigna, Intuit, Aon achieve annual milestone

Author's Avatar
Sep 05, 2017
Article's Main Image

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

Cerner reached the 52-week high of $68.28

Cerner Corp. (CERN, Financial) provides health care information technology and offers software, professional services, medical device integration, remote hosting and employer health and wellness services.

The price of Cerner shares has reached $68.28, which is 1.5% off the 52-week high of $69.28. Cerner has a market cap of $22.64 billion; its shares were trading around $68.28 with a price-earnings (P/E) ratio of 34.48 and a price-sales (P/S) ratio of 4.64.The company had an annual average earnings growth of 15.5% over the past 10 years.

Cerner recently announced results for its fiscal 2017 second quarter. Revenue was $1.292 billion, a 6% increase from $1.216 billion in the prior-year quarter and in line with the company's guidance range. On a generally accepted accounting principles (GAAP) basis, net earnings were $179.7 million and diluted earnings per share were 53 cents. Second quarter 2016 GAAP net earnings were $166.5 million and diluted EPS were 48 cents.

Chairman and Interim CEO Clifford W. Illig sold 118,113 shares on for an average price of $62.03 per share on Aug. 11. The stock price has increased 10.08% since then.

Intuitive Surgical reached the 52-week high of $1,006.75

Intuitive Surgical Inc. (ISRG, Financial) manufactures da Vinci Surgical Systems. The system combines the benefits of minimally invasive surgery for patients with the ease of use, precision and dexterity of open surgery.Ă‚

The price of Intuitive Surgical shares has reached $1,006.75, which is 0.2% off the 52-week high of $1,008.62. Intuitive Surgical has a market cap of $37.54 billion; its shares were trading around $1,006.75 with a P/E ratio of 48.15 and P/S ratio of 13.69. The company had an annual average earnings growth of 19.1% over the past 10 years.

The company recently reported second-quarter 2017 revenue of $756 million, a 13% increase from $670 million in the comparable quarter of 2016. Income from operations increased to $258 million from $245 million in the year-ago quarter. Non-GAAP income from operations increased to $313 million from $297 million in the prior-year quarter. GAAP net income of $222 million, or $5.77 per diluted share, increased from $185 million, or $4.71 per diluted share, for the second quarter of 2016.

Executive Vice President of Product Operations Salvatore Brogna sold 899 shares for an average price of $1,001.9 per share on Sept. 1. The stock price has increased by 0.48% since then. Director Keith R. Leonard sold 854 shares for an average price of $1,000. per share on Aug. 31. The price of the stock has increased 0.67% since then.

Cigna reached the 52-week high of $183.17

Cigna Corp. (CI, Financial) offers medical, dental, disability, life and accident insurance products. With over 14 million members, it is one of the largest managed-care organizations in the U.S.Ă‚

The price of Cigna shares has reached $183.17, which is 0.6% off the 52-week high of $184.23. Cigna has a market cap of $46.12 billion; its shares were trading around $183.17 with a P/E ratio of 21.1 and P/S ratio of 1.17. The trailing 12-month dividend yield is 0.02%. The forward dividend yield is 0.02%. Cigna had an annual average earnings growth of 14.8% over the past 10 years.

Cigna recently reported results for the second quarter. Total revenues were $10.3 billion, a 4% increase from the year-ago quarter, driven by continued growth in Cigna's targeted customer segments. Shareholders’ net income was $813 million, or $3.15 per share, up from $510 million, or $1.97 per share, in the prior-year quarter. Adjusted income from operations was $750 million, or $2.91 per share, up from $515 million, or $1.98 per share, in the comparable quarter of 2016.

Executive Vice President, Global Chief Marketing and Customer Officer Lisa R. Bacus sold 2,236 shares for an average price of $179.95 per share on Aug. 16. Since then, the stock price has increased 1.79%.

Intuit reached the 52-week high of $141.90

Intuit Inc. (INTU, Financial) offers business and financial management solutions to small businesses, consumers and accounting professionals. The company's products include QuickBooks and TurboTax.

The price of Intuit shares has reached $141.90, which is 1.3% off the 52-week high of $143.81. Intuit has a market cap of $36.36 billion; its shares were trading around $141.90 with a P/E ratio of 38.15 and P/S ratio of 7.12. The trailing 12-month dividend yield is 0.96%. The forward dividend yield is 0.96%. Intuit had an annual average earnings growth of 8.20% over the past 10 years.

Intuit recently announced its financial results for the fourth quarter and full fiscal year 2017. Quarterly revenue was $842 million, up 12% year over year. Small Business online ecosystem revenue grew 33% during the quarter. Self-Employed subscribers increased to approximately 390,000. Annual revenue was $5.2 billion, up 10% year over year. The annual GAAP operating income was $1.4 billion, up 12%, and non-GAAP operating income was $1.7 billion, up 12%.

Executive Vice President and Chief Technology Officer Henry Tayloe Stansbury sold 5,350 shares for an average price of $140.25 per share on Aug. 31. Since then, the stock price has increased 1.18%.

Aon reached the 52-week high of $138.86

Aon PLC (AON, Financial) provides risk management services, insurance and reinsurance brokerage and human resource consulting and outsourcing solutions.

The price of Aon shares has reached $138.86, which is 1.9% off the 52-week high of $141.45. Aon has a market cap of $35.32 billion; its shares were trading around $138.86 with a P/E ratio of 19.78 and P/S ratio of 3.43. The trailing 12-month dividend yield is 0.99%. The forward dividend yield is 1.04%. Aon had an annual average earnings growth of 11.60% over the past 10 years.Ă‚

Aon recently reported results for the quarter ended June 30. Net income attributable to shareholders was $769 million, or $2.93 per share, up from $300 million, or $1.11 per share, in the prior-year period. EPS increased 2% to $1.53 from $1.50 in the year-ago quarter. Total revenue increased 4% to $2.4 billion.

Disclosure: I do not own these stocks