According to GuruFocus list of 52-week highs, these guru stocks have reached their 52-week highs.
McCormick & Co. Inc. (MKC, Financial) reached the 52-week high of $154.38
In its nearly 130-year history, McCormick has become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings and other flavorings. McCormick's customer base includes top quick-service restaurants, retail grocery chains, and other packaged food manufacturers, with about 45% of sales generated outside the U.S. in 150 countries and territories. Beyond its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen and the recently acquired Frank's RedHot and French's brand.
The price of McCormick & Co. Inc. shares has reached $154.38, which is 1.0% off the 52-week high of $156.00. McCormick & Co. Inc. has a market cap of $20.38 billion; its shares were traded around $154.38 with a price-earnings ratio of 31.25 and price-sales ratio of 3.81. The trailing 12-month dividend yield of McCormick & Co. Inc. is 1.41%. The forward dividend yield of McCormick & Co. Inc. stocks is 1.48%. McCormick & Co. Inc. had annual average earnings growth of 6.20% over the past 10 years. GuruFocus rated McCormick & Co. Inc. the business predictability rank of 5-star.
McCormick & Co. recently reported financial results for the first quarter ended Feb. 28, 2019. Highlights include:
-Sales rose 1% in the first quarter from the year-ago period. In constant currency, the company grew sales 4%, with strong results in both the consumer and flavor solutions segments.
-Operating income was $197 million in the first quarter compared to $181 million in the year-ago period. Adjusted operating income was $199 million, a 4% increase from $192 million in the first quarter of 2018, and a 6% increase in constant currency.
-Earnings per share were $1.11 in the first quarter as compared to $3.18 in the year-ago period. Adjusted earnings per share rose 12% to $1.12 from $1.00 in the year-ago period.
Ten percent owner Alan D. Wilson sold 94,400 shares of McCormick & Co. stock on April 3, 2019, at the price of $151.47 per share. The price of the stock has increased by 1.92% since.
PayPal Holdings Inc. (PYPL, Financial) reached the 52-week high of $107.36
PayPal provides electronic payment solutions to merchants and consumers. The company's digital wallet securely and conveniently stores customer account data. PayPal also facilitates payment processing for merchants. The company earns revenue through transaction fees and by providing a variety of other financial services, including lending.
The price of PayPal Holdings Inc. shares has reached $107.36, which is 1.5% off the 52-week high of $109.00. Paypal Holdings Inc. has a market cap of $125.85 billion; its shares were traded around $107.36 with a price-earnings ratio of 62.78 and price-sales ratio of 8.36. Paypal Holdings Inc. had an annual average earnings growth of 17.10% over the past 5 years.
Global technology platform and digital payments leader PayPal Holdings Inc. recently announced fourth-quarter and full-year results for the period ended Dec. 31, 2018. Financial highlights for fourth quarter 2018 include:
-Revenue of $4.23 billion.
-GAAP operating margin of 14.2% with non-GAAP operating margin of 21.6%.
-GAAP earnings per share of 49 cents, versus fourth-quarter 2017 GAAP earnings per share of 50 cents.
-Non-GAAP earnings per share grew 26% to 69 cents.
Financial highlights for full-year 2018 include:
-Revenue of $15.45 billion.
-GAAP operating margin of 14.2% with non-GAAP operating margin of 21.7%.
-GAAP earnings per share of $1.71, increasing 16%; non-GAAP earnings per share of $2.42, increasing 28%.
Broadcom Inc. (AVGO, Financial) reached the 52-week high of $318.62
Broadcom Inc. represents the combination of Broadcom and Avago and offers a diverse product portfolio across an array of customers and end markets. Avago's origins can be traced back to the chip division of Hewlett Packard, specializing in radio frequency filters and amplifiers used in many of the world's most advanced smartphones, as well as a wide variety of products into the enterprise storage, wired infrastructure and industrial end markets. "Classic" Broadcom's strengths lie in networking, broadband and connectivity chips.
The price of Broadcom Inc. shares has reached $318.62, which is 1.2% off the 52-week high of $322.45. Broadcom Inc. has a market cap of $126.12 billion; its shares were traded around $318.62 with a price-earnings ratio of 21.44 and price-sales ratio of 6.46. The trailing 12-month dividend yield of Broadcom Inc. stocks is 2.76%. The forward dividend yield of Broadcom Inc. stocks is 3.33%. Broadcom Inc. had an annual average earnings growth of 32.50% over the past 10 years. GuruFocus rated Broadcom Inc. the business predictability rank of 3-star.
Broadcom Inc. recently reported financial results for its first quarter of fiscal year 2019, ended Feb. 3, 2019, and announced a quarterly dividend. Net revenue was $5.789 billion, an increase of 6.3% from $5,444 million in the previous quarter and an increase of 8.7% from $5.327 billion in the same quarter last year. Operating income was $555 million, or 9.6% of net revenue. This compares with operating income of $1.652 billion, or 30.3% of net revenue, in the prior quarter, and operating income of $943 million, or 17.7% of net revenue, in the same quarter last year. Net income was $471 million, or $1.12 per diluted share. This compares with net income of $1.115 billion, or $2.64 per diluted share, in the prior quarter, and net income of $6.566 billion, or $14.62 per diluted share, in the same quarter last year.
President and Chief Executive Officer Hock E. Tan sold 20,000 shares of Broadcom stock on April 15, 2019, at the price of $315.07 per share. The price of the stock has increased by 1.13% since.
Deere & Co. (DE, Financial) reached the 52-week high of $169.05
Deere manufactures agricultural, turf, construction and forestry machinery. Agricultural and turf represents around 70% of the firm's $27 billion of fiscal 2017 revenue (pro forma for the Wirtgen deal) with the remaining amount from construction and forestry. To support dealer inventory and customer purchases, the firm provides secured- and lease-based financing through its Deere Capital subsidiary. The company generates about 60% of its revenue in the U.S. and Canada, with Europe and South America representing its next-largest markets.
The price of Deere & Co. shares has reached $169.05, which is 0.6% off the 52-week high of $169.99. Deere & Co. has a market cap of $53.84 billion; its shares were traded around $169.05 with a price-earnings ratio of 19.02 and price-sales ratio of 1.45. The trailing 12-month dividend yield of Deere & Co. is 1.72%. The forward dividend yield of Deere & Co. is 1.80%. Deere & Co. had an annual average earnings growth of 7.90% over the past 10 years.
Deere & Company reported net income of $498.5 million for the first quarter ended Jan. 27, 2019, or $1.54 per share, compared with a net loss of $535.1 million, or $1.66 per share, for the quarter ended Jan. 28, 2018. Affecting first-quarter 2018 results were charges to the provision for income taxes due to U.S. tax reform legislation. Without these tax reform charges, first-quarter 2018 net income results would have been $442.1 million, or $1.35 per share.
The Hershey Co. (HSY, Financial) reached the 52-week high of $116.96
Hershey is a leading confectionery manufacturer in the U.S. (about a $25 billion market), controlling around 45% share of the domestic chocolate market. Over its 85-year plus history, the firm has developed a product portfolio that consists of more than 80 brands, including Hershey's, Reese's, Kit Kat, Twizzlers and Ice Breakers. Hershey's products are sold in about 80 countries, with just 10-15% of total sales coming from markets outside the U.S., including Brazil, China, India and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, most recently with the deal to add Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix.
The price of The Hershey Co. shares has reached $116.96, which is 0.3% off the 52-week high of $117.35. The Hershey Co. has a market cap of $24.39 billion; its shares were traded around $116.96 with a price-earnings ratio of 20.96 and price-sales ratio of 3.17. The trailing 12-month dividend yield of The Hershey Co. stocks is 2.41%. The forward dividend yield of The Hershey Co. stocks is 2.47%. The Hershey Co. had an annual average earnings growth of 7.30% over the past 10 years. GuruFocus rated The Hershey Co. the business predictability rank of 3-star.
The Hershey Co. recently announced net sales and earnings for the fourth quarter ended Dec. 31, 2018. The company also provided its 2019 reported net sales and earnings outlook. Fourth-quarter 2018 financial results included:
-Consolidated net sales of $1.988 billion, an increase of 2.5%.
-Constant currency net sales growth of 3.1%, with a 0.6-point headwind from foreign currency exchange.
-Net impact of acquisitions and divestitures of 3.0-point benefit to net sales growth.
-Reported net income of $336.8 million, or $1.60 per share-diluted.
-Adjusted earnings per share diluted of $1.26, an increase of 23.5%.
Senior Vice President and Chief Financial Officer Patricia A. Little sold 7,208 shares of Hershey stock on April 15, 2019 at the price of $116.25 per share. The price of the stock has increased by 0.61% since.
Note: I do not own the stocks discussed.
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5 Companies Hit 52-Week HighsÂ
5 Companies Hit 52-Week HighsÂ
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