5 Companies Hit 52-Week Highs

As of late, multiple companies have managed to reach yearly highs

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Jan 22, 2019
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According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.

ResMed Inc. (RMD, Financial) reached the 52-week high of $117.84

ResMed Inc. is part of the health care sector. It develops and distributes medical products for treating and diagnosing respiratory disorders. ResMed develops, manufactures,and distributes medical devices -- such as airflow generators and masks -- to treat breathing disorders. It also markets ventilation products, but sleep apnoea remains the company's primary focus. ResMed's reach is truly global, with distribution capabilities in more than 70 countries through wholly owned and independent firms. An increasing proportion of manufacturing capacity is in Singapore, with some still in Australia, where the company was founded.

The price of ResMed Inc. shares has reached $117.84, which is 0.6% off the 52-week high of $118.50. Resmed Inc. has a market cap of $16.79 billion; its shares were traded around $117.84 with a price-earnings ratio of 50.79 and price-sales ratio of 7.06. The trailing 12-month dividend yield of Resmed Inc. stocks is 1.22%. The forward dividend yield of Resmed Inc. stocks is 1.26%. Resmed Inc. had an annual average earnings growth of 12.40% over the past 10 years. GuruFocus rated Resmed Inc. the business predictability rank of 3.5-star.

ResMed Inc. recently announced results for its quarter ended Sept. 30, 2018. Highlights include:

-Revenue increased 12% to $588.3 million; up 13% on a constant currency basis.

-Net income increased by 23%; non-GAAP net income up 23%.

-GAAP diluted earnings per share of 73 cents; non-GAAP diluted earnings per share of 81 cents.

CEO Michael J. Farrell sold 6,651 shares of ResMed stock on Jan. 14, 2019, at the price of $113.75 per share. The price of the stock has increased by 3.6% since.

CGI Group Inc. (GIB, Financial) reached the 52-week high of $65.46

CGI Group Inc. manages information technology services. The company's services include the management of IT and business functions, systems integration and consulting as well as the sale of software solutions.CGI Group is a Canada-based vendor-independent IT services provider founded by Serge Godin and André Imbeau in 1976. The company generates more than CAD 10 billion in annual revenue, employs around 70,000 personnel and operates across 40 countries and 400 offices. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process outsourcing, predominantly across North America and Europe. The company's largest vertical market is government, which contributes around 33% of group revenue.

The price of CGI Group Inc. shares has reached $65.46, which is 1.6% off the 52-week high of $66.53. CGI Group Inc. has a market cap of $18.2 billion; its shares were traded around $65.46 with a price-earnings ratio of 21.99 and price-sales ratio of 2.20. CGI Group Inc. had an annual average earnings growth of 15.30% over the past 10 years. GuruFocus rated CGI Group Inc. the business predictability rank of 3-star.

CGI recently reported fiscal 2018 fourth quarter revenue of $2.8 billion, up 7.3% compared with last year. On a constant currency basis, revenue grew by 5.0% as foreign exchange fluctuations positively impacted revenue by $60.8 million. Adjusted Ebit was $435.7 million or 15.6% of revenue, up 40 basis points or $40.0 million from the year-ago period. Net earnings were $293.5 million, up 40.8% and representing a margin of 10.5%, an increase of 250 basis points over same period last year. Earnings per diluted share were $1.03, up 33 cents or 47.1% from 70 cents last year.

Infosys Ltd. (INFY, Financial) reached the 52-week high of $10.67

Infosys Ltd. is engaged in consulting, technology, outsourcing and next-generation services. It offers software re-engineering, maintenance, systems integration, package evaluation and implementation and infrastructure management services. Infosys is a global provider of consulting and IT services. The company was founded in 1981, employs more than 199,000 staff, and serves clients in over 50 countries. Infosys provides a raft of services such as management consulting, application and infrastructure management, application outsourcing, and business process outsourcing, to name a few. The firm serves more than 20 industries ranging from aerospace and defense to financial services, health care and the public sector.

The price of Infosys Ltd. shares has reached $10.67, which is 0.2% off the 52-week high of $10.69. Infosys Ltd. has a market cap of $44.73 billion; its shares were traded around $10.67 with a price-earnings ratio of 20.99 and price-sales ratio of 3.99. The trailing 12-month dividend yield of Infosys Ltd. stocks is 3.08%. The forward dividend yield of Infosys Ltd. stocks is 3.08%. Infosys Ltd. had an annual average earnings growth of 13.30% over the past 10 years. GuruFocus rated Infosys Ltd. the business predictability rank of 4.5-star.

Infosys recently announced results for the quarter ended Dec. 31, 2018. Highlights include:

-Rrevenues grew year-on-year by 8.4% in USD terms; 10.1% in constant currency terms.

-Fiscal year 2019 revenue guidance in constant currency revised upward to 8.5-9.0%; operating margin guidance remained at 22-24%.

Workday Inc. (WDAY, Financial) reached the 52-week high of $172.08

Workday Inc. is a SaaS provider offering enterprise resource planning, or ERP, software for medium and large enterprises. The company's product portfolio is built around human capital and financial management software. Workday is an SaaS provider that offers enterprise resource planning, or ERP, software for medium and large enterprises. The firm's roots date back to ERP software vendor PeopleSoft, which was founded by Workday co-founder David Duffield, while fellow Workday co-founder Aneel Bhusri served as vice chairman at PeopleSoft. The company's product portfolio is centered around human capital and financial management software, though it continues to add new applications to the product set. Just over 80% of the firm's revenue comes from the U.S.

The price of Workday Inc. shares has reached $172.08, which is 0.3% off the 52-week high of $172.67. Workday Inc. has a market cap of $37.51 billion; its shares were traded around $172.08 with a price-sales ratio of 14.05. Workday Inc. had an annual average earnings growth of 5.70% over the past five years.

Workday Inc. recently announced results for the fiscal 2019 third quarter ended Oct. 31, 2018. Fiscal third quarter results highlights include:

-Total revenues were $743.2 million, an increase of 33.8% from the third quarter of fiscal 2018. Subscription revenues were $624.4 million, an increase of 34.7% from the same period last year.

-Operating loss was $182.8 million, or negative 24.6% of revenues, compared to an operating loss of $80.1 million, or negative 14.4% of revenues, in the same period last year. Non-GAAP operating income for the third quarter was $49.7 million, or 6.7% of revenues, compared to a non-GAAP operating income of $50.1 million, or 9.0% of revenues, in the same period last year.

-Net loss per basic and diluted share was 70 cents, compared to a net loss per basic and diluted share of 41 cents in the third quarter of fiscal 2018. Non-GAAP net income per diluted share was 31 cents, compared to a non-GAAP net income per diluted share of 24 cents in the same period last year.

-Operating cash flows were $114.3 million and free cash flows were $58.9 million.

Chief Executive Officer Aneel Bhusri sold 6,370 shares of Workday stock on Jan. 15, 2019, at the price of $164.90 per share. The price of the stock has increased by 4.35% since. Co-President and Chief Financial Officer Robynne Sisco sold 6,048 shares of Workday stock on Jan. 15, 2019, at the price of $164.75 per share. The price of the stock has increased by 4.45% since.

Yum Brands Inc. (YUM, Financial) reached the 52-week high of $92.36

Yum Brands Inc. is engaged in operating quick-service restaurant systems. The company's restaurant brands includes KFC, Pizza Hut and Taco Bell. As the parent for almost 45,100 restaurant locations, Yum Brands operates one of the largest global quick-service restaurant systems. Concepts include KFC (21,500 units), Pizza Hut (16,700), and Taco Bell (6,900). Yum Brands generated $47 billion in system sales in 2017 (53% KFC, 26% Pizza Hut, 22% Taco Bell). In November 2016, Yum China was spun out as a stand-alone company, but it is paying 3% of systemwide sales to Yum Brands annually as a trademark franchisee. The company plans to be 98% franchised by 2018.

The price of Yum Brands Inc. shares has reached $92.36, which is 1.9% off the 52-week high of $94.13. Yum Brands Inc. has a market cap of $28.84 billion; its shares were traded around $92.36 with a price-earnings ratio of 18.89 and price-sales ratio of 5.43. The trailing 12-month dividend yield of Yum Brands Inc. stocks is 1.56%. The forward dividend yield of Yum Brands Inc. stocks is 1.56%. Yum Brands Inc. had an annual average earnings growth of 2.70% over the past 10 years.

Yum! Brands Inc. recently reported results for the third quarter ended Sept. 30, 2018. Third-quarter GAAP earnings per share were $1.40, an increase of 18%. Third-quarter earnings per share excluding special items were $1.04, an increase of 52%.

President, Chief Financial Officer David W. Gibbs sold 6,410 shares of Yum Brands stock on Jan. 15, 2019 at the price of $89.93 per share. The price of the stock has increased by 2.7% since. Chief Executive Officer, KFC Division Anthony Lowings sold 2,889 shares of Yum Brands stock on Jan. 15, 2019 at the price of $89.93 per share. The price of the stock has increased by 2.7% since.

Note: I do not own the stocks discussed.

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5 Companies Hit 52-Week Highs