5 Companies Hit 52-Week Highs

Recently, these companies have managed to achieve yearly highs

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Jan 02, 2020
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According to the GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.

Procter & Gamble Co. reached the 52-week high of $124.81

Since its founding in 1837, Procter & Gamble Co. (PG, Financial) has become the world's largest consumer product manufacturer. It operates with a lineup of leading brands that generate more than $1 billion in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in 2012. Sales outside its home turf represent about 60% of the firm's consolidated total, with around one third coming from emerging markets.

The price of Procter & Gamble Co. shares has reached $124.81, which is 1.4% off the 52-week high of $126.60. Procter & Gamble Co. has a market cap of $311.25 billion; its shares were traded around $124.81 with a price-earnings ratio of 83.21 and price-sales ratio of 4.72. The trailing 12-month dividend yield is 2.36%. The forward dividend yield is 2.37%.

The Procter & Gamble Company recently reported first-quarter fiscal year 2020 net sales of $17.8 billion, an increase of seven percent versus the prior year. Excluding the net impact of foreign exchange, acquisitions and divestitures, organic sales also increased seven percent. Diluted net earnings per share were $1.36, up 11% versus the prior year. Core earnings per share increased 22% to $1.37. Currency-neutral core EPS increased 24% versus the prior year.

Nike Inc. reached the 52-week high of $100.68

Nike Inc. (NKE, Financial) is the world's largest designer and wholesaler of athletic footwear and apparel. The firm sells to more than 50,000 retail accounts through a network of more than 1,142 company-owned stores, an online store and independent distributors and licensees in 170 countries. Nike brand sales in North America account for 43% of revenue, followed by Western Europe (18%), emerging markets (12%) and China (13%), with the remainder from Japan and Central and Eastern Europe. The Converse brand accounts for 6% of sales.

The price of Nike Inc. shares has reached $100.68, which is 1.1% off the 52-week high of $101.79. Nike Inc. has a market cap of $157.17 billion; its shares were traded around $100.68 with a price-earnings ratio of 35.20 and a price-sales ratio of 4.07. The trailing 12-month dividend yield is 0.90%. The forward dividend yield is 0.96%. Nike Inc. had an annual average earnings growth of 10.10% over the past 10 years. GuruFocus rated it the business predictability rank of 4.5-star.

CHAIRMAN, PRESIDENT & CEO Mark G. Parker sold 165,000 shares of Nike stock on December 2, 2019 at the price of $93.55 per share. The price of the stock has increased by 7.62% since.

Lowe's Companies Inc. reached the 52-week high of $119.53

Lowe's Companies Inc. (LOW, Financial) is the second-largest home improvement retailer in the world and operates more than 2,100 stores throughout the United States, Canada and Mexico. The firm's stores offer products and services for home decorating, maintenance, repair and remodeling. Lowe's targets retail do-it-yourself and do-it-for-me customers as well as commercial business clients. We estimate that Lowe's captures around a 12% share of the domestic home improvement market, based on U.S. census estimates for market size.

The price of Lowe's Companies Inc. shares has reached $119.53, which is 1.6% off the 52-week high of $121.46. Lowe's Companies Inc. has a market cap of $91.62 billion; its shares were traded around $119.53 with a price-earnings ratio of 31.63 and a price-sales ratio of 1.30. The trailing 12-month dividend yield is 1.72%. The forward dividend yield is 1.83%. Lowe's Companies Inc. had an annual average earnings growth of 10.70% over the past 10 years. GuruFocus rated it the business predictability rank of 4.5-star.

Lowe’s Companies, Inc. recently reported net earnings of $1.0 billion and diluted earnings per share of $1.36 for the quarter ended Nov. 1, 2019, which included non-cash pre-tax charges of $53 million compared to net earnings of $629 million and diluted earnings per share of $0.78 in the third quarter of 2018. Excluding the impact of the non-cash pre-tax charges, adjusted diluted earnings per share increased 35.6% to $1.41 from $1.04 in the third quarter of 2018.

Wells Fargo & Co. reached the 52-week high of $53.86

Wells Fargo & Co. (WFC, Financial) is one of the four largest banks in the United States, rapidly approaching $2 trillion in balance sheet assets. The company is split into three segments for reporting purposes: Community banking; Wholesale banking; and Wealth and Investment Management. The company is also a major player in the residential real estate market, originating and servicing a sizable share of U.S. mortgages.

The price of Wells Fargo & Co. shares has reached $53.86, which is 1.7% off the 52-week high of $54.75. Wells Fargo & Co. has a market cap of $228 billion; its shares were traded around $53.91 with a price-earnings ratio of 11.65 and a price-sales ratio of 2.85. The trailing 12-month dividend yield is 3.56%. The forward dividend yield is 3.78%.

Wells Fargo & Company recently announced third-quarter 2019 results, which include net income of $4.6 billion (compared with $6.0 billion in third-quarter 2018), diluted earnings per share (EPS) of $0.92 (ompared with $1.13 in the prior-year quarter) and revenue of $22 billion (up from $21.9 billion in the prior-year quarter).

Nasdaq Inc. reached the 52-week high of $107.29

Nasdaq Inc. (NDAQ, Financial) has four segments. The market services segment, which accounts for approximately 35% of operating income, is driven by transaction fees from the company's North American, Nordic and Baltic exchanges. Corporate services, which account for 25% of operating income, consists of securities listings, investor relations and public relations services. Information services, which accounts for 25% of operating income, sells and licenses trading and index data. The technology segment, which accoutns for nearly 15% of operating income, provides trading technology to financial exchanges and brokerages.

The price of Nasdaq Inc. shares has reached $107.29, which is 0.9% off the 52-week high of $108.28. Nasdaq Inc. has a market cap of $17.59 billion; its shares were traded around $107.29 with a price-earnings ratio of 34.05 and a price-sales ratio of 4.13. The trailing 12-month dividend yield is 1.72%. The forward dividend yield is 1.74%. Nasdaq Inc. had an annual average earnings growth of 7.20% over the past 10 years. GuruFocus rated Nasdaq Inc. the business predictability rank of 3-star.

Nasdaq Inc. recently reported financial results for the third quarter of 2019. Third-quarter 2019 net revenues were $632 million, up $32 million from $600 million in the prior-year period. GAAP operating expenses were $406 million in the third quarter of 2019, an increase of $52 million from the third quarter of 2018. On a GAAP basis, net income in the third quarter of 2019 was $150 million and diluted earnings per share were $0.90, compared to net income of $163 million and diluted earnings per share of $0.97 in the third quarter of 2018.

Note: I do not own the stocks discussed

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