5 Companies Hit 52-Week Highs

Multiple companies have managed to achieve yearly highs as of late

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Apr 09, 2019
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According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-week highs.

TransDigm Group Inc. (TDG, Financial) reached the 52-week high of $462.78

TransDigm Group Inc. is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. TransDigm manufactures products for electronic, fluid, power, and mechanical motion control onboard commercial and military aircraft and helicopters. It also supplies products used for cabin structures, lighting, laminates, pallets and a host of other applications. In fiscal 2017, the company generated roughly 70% of its sales from commercial aerospace customers and about 30% from defense customers.

The price of TransDigm Group Inc. shares has reached $462.78, which is 1.3% off the 52-week high of $469.01. Transdigm Group Inc. has a market cap of $24.48 billion; its shares were traded around $462.78 with a price-earnings ratio of 31.70 and price-sales ratio of 6.54. Transdigm Group Inc. had an annual average earnings growth of 19% over the past 10 years. GuruFocus rated Transdigm Group Inc. the business predictability rank of 5-star.

TransDigm Group Inc. recently reported results for the first quarter ended Dec. 29, 2018. Net sales for the quarter rose 17.1%, or $145.3 million, to $993.3 million from $848.0 million in the comparable quarter a year ago. Organic sales growth was 11.6%. Net income from continuing operations for the quarter declined 37.2% to $196.0 million, or $3.05 per share, compared to $312.0 million, or $4.60 per share, in the comparable quarter a year ago. Adjusted net income for the quarter decreased 30.2% to $216.3 million, or $3.85 per share, from $310.1 million, or $5.58 per share, in the comparable quarter a year ago.

Executive Chairman of the Board Nicholas W. Howley sold 17,083 shares of TransDigm Group stock on Mar. 11, 2019, at the price of $430.45 per share. The price of the stock has increased by 7.51% since.

Automatic Data Processing Inc. (ADP, Financial) reached the 52-week high of $160.34

Automatic Data Processing Inc. is a provider of miscellaneous business solutions. Its business includes provision of technology-based outsourcing solutions to employers, vehicle retailers and manufacturers. ADP competes in the human resources administration services industry. It provides services that satisfy companies' human resources needs, such as payroll processing and benefits administration. ADP was founded in 1949 and has its headquarters in Roseland, New Jersey. It serves more than 650,000 clients and has 57,000 employees worldwide.

The price of Automatic Data Processing Inc. shares has reached $160.34, which is 1.5% off the 52-week high of $162.71. Automatic Data Processing Inc. has a market cap of $69.85 billion; its shares were traded around $160.34 with a price-earnings ratio of 38.92 and price-sales ratio of 5.08. The trailing 12-month dividend yield of Automatic Data Processing Inc. stocks is 1.85%. The forward dividend yield of Automatic Data Processing Inc. stocks is 1.97%. Automatic Data Processing Inc. had an annual average earnings growth of 4.30% over the past 10 years. GuruFocus rated Automatic Data Processing Inc. the business predictability rank of 5-star.

ADP recently announced its second quarter fiscal 2019 financial results and updated its fiscal 2019 outlook. Compared to last year’s second quarter, revenues increased 8% to $3.5 billion, 8% organic constant currency. Earnings before income taxes increased 26% to $741 million. Net earnings decreased 17% to $558 million, and adjusted net earnings increased 29% to $587 million.

Corporate Vice President Douglas W. Politi sold 4,196 shares of Automatic Data Processing Inc. stock on Mar. 5, 2019, at the price of $155.13 per share. The price of the stock has increased by 3.36% since.

Veeva Systems Inc. (VEEV, Financial) reached the 52-week high of $130.20

Veeva Systems Inc. is a provider of industry-specific, cloud-based software solutions for the life sciences industry. Veeva Systems largely provides cloud-based software to customers in the life sciences industry for customer relationship, content and data management. Veeva CRM is a suite of applications that help pharmaceutical and biotechnology companies market and sell products to healthcare providers. Veeva Vault, a product built on proprietary software, is a cloud-based application built to manage content and associated data.

The price of Veeva Systems Inc. shares has reached $130.20, which is 1.3% off the 52-week high of $131.88. Veeva Systems Inc. has a market cap of $19.06 billion; its shares were traded around $130.20 with a price-earnings ratio of 88.58 and price-sales ratio of 23.54. Veeva Systems Inc. had an annual average earnings growth of 22.40% over the past 5 years.

Veeva Systems Inc. recently announced results for its fiscal fourth quarter ended Jan. 31, 2019. Total revenues for the fourth quarter were $232.3 million, up from $186.0 million one year ago, an increase of 25% year-over-year. Fourth-quarter operating income was $63.0 million, compared to $38.5 million one year ago, an increase of 64% year-over-year. Fourth quarter net income was $71.2 million, compared to $40.7 million one year ago, an increase of 75% year-over-year. For the fourth quarter, fully diluted net income per share was 45 cents, compared to 26 cents one year ago.

Global Payments Inc. (GPN, Financial) reached the 52-week high of $136.90

Global Payments Inc. has interests in offering business solutions. Its primary activity includes payment solutions for merchants, value-added resellers, enterprise software providers, financial institutions and government agencies. Publicly traded since being spun off from National Data in 2001, Atlanta-based Global Payments provides payment processing services. Many of its customers are U.S. small and midsize merchants. Global Payments is a key conduit in the chain that links the end consumer to the institutions behind the credit card infrastructure. The company has expanded its presence in regions such as Europe and Asia.

The price of Global Payments Inc. shares has reached $136.90, which is 1.8% off the 52-week high of $139.40. Global Payments Inc. has a market cap of $21.61 billion; its shares were traded around $136.90 with a price-earnings ratio of 48.37 and price-sales ratio of 6.49. The trailing 12-month dividend yield of Global Payments Inc. stocks is 0.03%. The forward dividend yield of Global Payments Inc. stocks is 0.03%. Global Payments Inc. had an annual average earnings growth of 16.50% over the past 10 years. GuruFocus rated Global Payments Inc. the business predictability rank of 4.5-star.

Global Payments Inc. recently announced results for the fourth quarter ended Dec. 31, 2018. Highlights include:

-GAAP revenues were $881 million, compared to $1.05 billion in the fourth quarter of 2017; diluted earnings per share were 47 cents compared to $1.51 in the prior year; and operating margin was 19% compared to 14.2% in the fourth quarter of 2017

-Adjusted net revenue plus network fees grew over 12% to $1.04 billion, compared to $923.7 million in the fourth quarter of 2017.

-Adjusted earnings per share grew 24% to $1.33, compared to $1.07 in the fourth quarter of 2017.

-Adjusted operating margin expanded 80 basis points to 31.6%.

Chief Executive Officer Jeffrey Steven Sloan sold 167,545 shares of Global Payments stock on March 8, 2019, at the price of $129.59 per share. The price of the stock has increased by 5.64% since.

First Data Corp. (FDC, Financial) reached the 52-week high of $26.72

First Data Corp. is a provider of electronic commerce and payment solutions for merchants, financial institutions and card issuers globally. Its segments are Global Business Solutions, Global Financial Solutions, Network and Security Solutions. First Data is a provider of e-commerce solutions including payment and transactions services as well as credit solutions. The largest segment by revenue, global business solutions, offers point-of-sale solutions such as merchant acquiring, e-commerce and mobile commerce. The business unit facilitates the acceptance of commercial transactions at the point of sale. The other segments offer credit card and loan-processing solutions and private-label card programmes for bank and nonbank institutions, as well as network security and fraud-management solutions. First Data's largest end market is North America.

The price of First Data Corp. shares has reached $26.72, which is 1.6% off the 52-week high of $27.15. First Data Corp. has a market cap of $25.19 billion; its shares were traded around $26.72 with a price-earnings ratio of 25.23 and price-sales ratio of 2.70.

First Data Corp. recently reported financial results for the first quarter ended March 31, 2018. Total segment revenue was $2.08 billion for the quarter, up 11% versus the prior-year period on a reported basis. Net income attributable to First Data was $101 million, or 11 cents per diluted share, up 181% and 175%, respectively. Adjusted net income was $279 million, or 29 cents per diluted share, up 8% and 6%, respectively.

Thomas Joseph Higgins sold 87,651 shares of First Data Corp. stock on March 22, 2019, at the price of $25.51 per share. The price of the stock has increased by 4.74% since.

Note: I do not own the stocks discussed.

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