5 Companies Hit 52-Week Highs

As of late, these companies have reached annual price milestones

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Jan 08, 2020
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According to the GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.

Alleghany Corp reached the 52-week high of $805.53

Alleghany Corp. (Y, Financial) is a property and casualty insurance company that also executes certain private capital investments. Underwriting activities are evaluated separately from investment and corporate activities. Reinsurance contracts are typically either treaty reinsurance, which provides for the automatic reinsuring of all or a portion of a specified class of risk underwritten by the ceding company, or facultative reinsurance, which is geared toward individual risks.

The price of Alleghany Corp. shares has reached $805.53, which is 1.2% off the 52-week high of $814.83. Alleghany Corp. has a market cap of $11.59 billion; its shares were traded around $805.53 with a price-earnings ratio of 79.05 and a price-sales ratio of 1.47. The company had an annual average earnings growth of 1.70% over the past 10 years.

Alleghany Corporation recently announced its financial results for the third quarter and first nine months of 2019. Earnings per diluted share and operating earnings per diluted share were $6.27 and $7.61, respectively, compared with earnings per diluted share and operating losses per diluted share of $19.07 and $1.07 for the third quarter of 2018. Revenue increased 54.1% to $628 million and 76.3% to $1,727 million for the third quarter and first nine months of 2019, respectively.

CGI Inc. reached the 52-week high of $83.81

CGI Inc. (GIB, Financial) is a Canada-based vendor-independent IT services provider. The company generates more than 10 billion Canadian dollars 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 Inc. shares has reached $83.81, which is 1.4% off the 52-week high of $85.00. CGI Inc. has a market cap of $22.55 billion; its shares were traded around $83.81 with a price-earnings ratio of 23.86 and a price-sales ratio of 2.49. CGI Inc. had an annual average earnings growth of 15.10% over the past 10 years.

CGI recently reported fiscal 2019 fourth-quarter revenue of $2.96 billion, an increase of $160.3 million or 5.7% compared with the same period last year. Net earnings were $324.1 million, up 10.4% and representing a margin of 11.0%, an increase of 50 basis points over the same period last year. Earnings per diluted share were $1.19, up 16 cents or 15.5% from 1.03 cents last year.

United Technologies Corp reached the 52-week high of $153.35

United Technologies Corp. (UTX, Financial) is a diversified industrial conglomerate that sells aerospace and building components and systems. Its Pratt & Whitney division manufactures engines for military and commercial aircraft, while UTC Aerospace Systems makes brakes, landing gear, flight-control systems, interiors, avionics and other aircraft components. It also owns Otis, which is the world's largest elevator manufacturer, and an HVAC division.

The price of United Technologies Corp. shares has reached $153.35, which is 0.8% off the 52-week high of $154.65. United Technologies Corp. has a market cap of $132.38 billion; its shares were traded around $153.35 with a price-earnings ratio of 25.90 and a price-sales ratio of 1.74. The trailing 12-month dividend yield of United Technologies Corp. stocks is 1.92%. The forward dividend yield of United Technologies Corp. stocks is 1.92%. United Technologies Corp. had an annual average earnings growth of 5.10% over the past 10 years.

United Technologies Corp. recently reported third-quarter 2019 results. Third-quarter sales of $19.5 billion were up 18 percent over the prior year, including 5 points of organic sales growth and 14 points of acquisition benefit offset by 1 point of foreign exchange headwind. Net income in the quarter was $1.1 billion, down 7 percent versus the prior year and included $760 million of net nonrecurring charges.

Global Payments Inc. reached the 52-week high of $184.40

Publicly traded since being spun off from National Data in 2001, Atlanta-based Global Payments Inc. (GPN, Financial) 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 $184.40, which is 1.2% off the 52-week high of $186.67. Global Payments Inc. has a market cap of $55.42 billion; its shares were traded around $184.40 with a price-earnings ratio of 74.06 and a price-sales ratio of 7.91. The trailing 12-month dividend yield of Global Payments Inc. stocks is 0.12%. The forward dividend yield of Global Payments Inc. stocks is 0.42%. Global Payments Inc. had an annual average earnings growth of 14.30% over the past 10 years.

Global Payments Inc. recently announced results for the third quarter ended Sept.30, 2019. GAAP revenues were $1.106 billion, compared to $857.7 million in the third quarter of 2018; diluted earnings per share were $0.54 compared to $1.11 in the prior year; operating margin was 15.7% compared to 26.0% in 2018. Adjusted net revenue plus network fees grew 27.4% to $1.306 billion, compared to $1.025 billion in 2018. Adjusted earnings per share grew 18.1% to $1.70, compared to $1.44 in 2018.

Director William I. Jacobs sold 600 shares of Global Payments stock on Dec.16, 2019 at the price of $179.70 per share. The price of the stock has increased by 2.62% since.

Danaher Corp reached the 52-week high of $154.15

Danaher Corp. (DHR, Financial) is a diversified and mostly healthcare-focused instrument and supplies manufacturer. After the 2016 spinoff of Fortive, Danaher retains four main business segments: Life Sciences, Diagnostics, Dental and Environmental & Applied Solutions. Each segment represents approximately 31%, 32%, 15% and 22% of revenue, respectively.

The price of Danaher Corp. shares has reached $154.15, which is 0.8% off the 52-week high of $155.31. Danaher Corp. has a market cap of $107.19 billion; its shares were traded around $154.15 with a price-earnings ratio of 45.74 and a price-sales ratio of 5.44. The trailing 12-month dividend yield of Danaher Corp. stocks is 0.44%. The forward dividend yield of Danaher Corp. stocks is 0.44%. Danaher Corp. had an annual average earnings growth of 6.80% over the past 10 years. GuruFocus rated Danaher Corp. the business predictability rank of 4.5-star.

Danaher Corporation recently announced results for the third quarter of 2019. For the quarter ended Sept. 27, 2019, net earnings attributable to Danaher common stockholders were $648.4 million, or $0.89 per diluted share which represents a 4.5% year-over-year decrease from the comparable 2018 period. Non-GAAP adjusted diluted net earnings per share for the third quarter of 2019 were $1.16 which represents a 5.5% increase over the comparable 2018 period. For the third quarter of 2019, revenues increased 4.0% year-over-year to $5.0 billion, with non-GAAP core revenue growth of 5.0%.

Note: I do not own the stocks discussed

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