5 Companies Hit 52-Week Highs

Multiple companies have all managed to reach yearly highs as of late

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Jul 24, 2018
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According to GuruFocus' list of 52-week highs, these Guru stocks have reached their 52-week highs.

Cintas Corp. (CTAS, Financial) reached the 52-week high of $203.57

Cintas Corp. is a provider of corporate identity uniforms. Its products include rental and sale of entrance mats, mops, shop towels, and restroom supplies. The company also offers safety supplies, fire-suppression systems maintenance and others. In its core uniform and facility services unit (77% of sales), Cintas provides uniform rental programs to businesses across the size spectrum, mostly in North America. It ranks as the largest provider, with 7,800 local delivery routes and more than 390 operational facilities. Facilities products generally include the rental and sale of entrance mats, mops, shop towels and restroom supplies. Cintas also runs a first-aid and safety supplies business (10%) and offers direct uniform sales and fire-suppression systems maintenance (13%).

The price of Cintas Corp. shares has reached $203.57, which is 3.6% off the 52-week high of $196.27. Cintas Corp. has a market cap of $21.64 billion; its shares were traded around $203.57 with a P/E ratio of 26.93 and P/S ratio of 3.45. The trailing 12-month dividend yield of Cintas Corp. stocks is 0.80%. The forward dividend yield of Cintas Corp. stocks is 0.80%. Cintas Corp. had an annual average earnings growth of 10.90% over the past 10 years. GuruFocus rated Cintas Corp. the business predictability rank of 4-star.

Cintas Corp. recently reported results for its fiscal 2018 fourth quarter ended May 31, 2018. Revenue was approximately $1.67 billion, an increase of 9.1% over last year’s fourth quarter. Operating income of $265 million increased 49.7% from last year’s fourth quarter operating income of $177 million. Net income from continuing operations of $189 million increased 130.4%. Earnings per diluted share from continuing operations were $1.68 compared to 75 cents for last year’s fourth quarter.

SS&C Technologies Holdings Inc. (SSNC, Financial) reached the 52-week high of $55.57

SS&C Technologies Holdings Inc. provides software and software-enabled services including SaaS to the asset and wealth management, alternative investment management, and financial advisory markets. SS&C Technologies Holdings Inc. is a provider of software and software-enabled services for financial services providers in the asset and wealth management, alternative investment management, and financial advisory markets. Its solutions automate complex business processes such as trading, modeling, portfolio management and reporting, accounting, and performance measurement. The firm generates revenue through monthly or transaction-based fees for its software-enabled services over the course of contracts signed for two to five years. A majority of the firm's revenue is generated in the U.S., and the rest from Canada, Europe and Asia Pacific regions.

The price of SS&C Technologies Holdings Inc. shares has reached $55.57, which is 0.6% off the 52-week high of $55.25. SS&C Technologies Holdings Inc. has a market cap of $13.23 billion; its shares were traded around $55.57 with a P/E ratio of 35.62 and P/S ratio of 7.03. The trailing 12-month dividend yield of SS&C Technologies Holdings Inc. stocks is 0.50%. The forward dividend yield of Ss&c Technologies Holdings Inc. stocks is 0.50%. SS&C Technologies Holdings Inc. had an annual average earnings growth of 15.90% over the past 10 years. GuruFocus rated SS&C Technologies Holdings Inc. the business predictability rank of 3-star.

SS&C Technologies Holdings Inc. recently announced its financial results for the first quarter ended March 31, 2018. SS&C reported GAAP revenue of $421.9 million, up 3.5 percent compared to $407.7 million in the first quarter of 2017. GAAP operating income was $86.8 million compared to $89.7 million in 2017’s first quarter, representing a 3.2% decrease. GAAP net income was $51.3 million, up 6.4% compared to $48.1 million. On a fully diluted GAAP basis, earnings per share were 24 cents per share, up 4.3% compared to 23 cents per share on a fully diluted GAAP basis in the first quarter of 2017.

Intercontinental Exchange Inc. (ICE, Financial) reached the 52-week high of $75.81

Intercontinental Exchange Inc. is an operator of regulated exchanges, clearing houses and listings venues, and a provider of data services for commodity and financial markets. It serves the risk management needs of global markets. Atlanta-based Intercontinental Exchange's operations include futures exchanges in Canada, the U.K. and the U.S. The company also has a large clearinghouse operation. Products include a large line of energy and agricultural commodity derivatives, as well as products linked to stock indexes and trading services for credit default swaps. The acquisition of NYSE Euronext added products such as interest-rate derivatives, equities and U.S. stock options.

The price of Intercontinental Exchange Inc. shares has reached $75.81, which is 1.5% off the 52-week high of $76.97. Intercontinental Exchange Inc. has a market cap of $43.91 billion; its shares were traded around $75.81 with a P/E ratio of 18.18 and P/S ratio of 7.54. The trailing 12-month dividend yield of Intercontinental Exchange Inc. stocks is 1.16%. The forward dividend yield of Intercontinental Exchange Inc. stocks is 1.27%. Intercontinental Exchange Inc. had an annual average earnings growth of 15.00% over the past 10 years. GuruFocus rated Intercontinental Exchange Inc. the business predictability rank of 4.5-star.

Intercontinental Exchange recently reported financial results for the first quarter of 2018. Consolidated net income attributable to ICE was $464 million on $1.2 billion of consolidated revenues less transaction-based expenses. GAAP diluted earnings per share were 79 cents. Adjusted net income was $525 million, and adjusted diluted earnings per share were a record 90 cents, up 22% year-over-year.

Senior Officer Michael F. Gellard, bought 100 shares of Intercontinental Exchange Inc. stock on June 27, 2018 at the price of $4.84 per share. COO Mark Wassersug sold 7,898 shares on July 16 at the price of $75.06 per share. The price of the stock has increased by 1% since.

Fleetcor Technologies Inc. (FLT, Financial) reached the 52-week high of $219.09

Fleetcor Technologies Inc. provides fuel cards, commercial payment and data solutions, lodging and transportation management services, stored value solutions and workforce payment products and services to businesses, retailers, and commercial fleets. Fleetcor Technologies Inc. is a provider of specialised payment products. The company offers fleet cards, food cards, corporate lodging discount cards and other specialised payment services. Fleetcor's systems enable its customers to manage and control their commercial payments and loyalty-card programmes. Customers include commercial fleet operators, major oil companies, petroleum marketers and government entities. Further, Fleetcor offers customised analysis solutions to its clients, offering business productivity tracking capabilities. North America is the largest geographic operating segment.

The price of Fleetcor Technologies Inc. shares has reached $219.09, which is 1.7% off the 52-week high of $222.92. Fleetcor Technologies Inc. has a market cap of $19.64 billion; its shares were traded around $219.09 with a P/E ratio of 25.81 and P/S ratio of 8.83. Fleetcor Technologies Inc. had an annual average earnings growth of 23.10% over the past five years.

Fleetcor Technologies Inc. recently reported financial results for its first quarter of 2018. Total revenues increased 12.5% to $585.5 million, compared to $520.4 million in the first quarter of 2017. Net income increased 41.4% to $174.9 million, compared to $123.7 million. Net income per diluted share increased 43.4% to $1.88, compared to $1.31 per diluted share.

Mastercard Inc. (MA, Financial) reached the 52-week high of $206.71

Mastercard Inc. is a technology company that generates revenue by charging fees to its customers based on both the dollar volume of card activity and the number of transactions processed through the network. Mastercard manages several payment brands and an "open loop" global payment network, which allows it to provide authorization, clearing, and settlement of electronic payment transactions. Mastercard generates revenue by charging fees to its customers (issuers and acquirers) based on both the dollar volume of card activity and the number of transactions processed through the network.

The price of Mastercard Inc. shares has reached $206.71, which is 1.2% off the 52-week high of $209.19. Mastercard Inc. has a market cap of $215.8 billion; its shares were traded around $206.71 with a P/E ratio of 50.79 and P/S ratio of 16.50. The trailing 12-month dividend yield of Mastercard Inc. stocks is 0.47%. The forward dividend yield of Mastercard Inc. stocks is 0.48%. Mastercard Inc. had an annual average earnings growth of 14.20% over the past five years.

Mastercard Inc. recently announced financial results for the first quarter 2018. Highlights include:

-Record first-quarter net income of $1.5 billion, or $1.41 per diluted share.

-Record first-quarter adjusted net income of $1.6 billion, or $1.50 per adjusted diluted share.

-Record first-quarter net revenue of $3.6 billion, or an increase of 31%.

-First-quarter gross dollar volume up 14% and purchase volume up 15%.

Note: I do not own the stocks discussed.