5 Companies Hit 52-Week Highs

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

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Jan 23, 2020
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According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.

The Western Union Co. reached the 52-week high of $27.77

The Western Union Co. (WU, Financial) provides domestic and international money transfers through its global network of about 500,000 outside agents, making it the largest money transfer company in the world and one of only two companies with a truly global agent network.

The price of The Western Union Co. shares has reached $27.77, which is 0.8% off the 52-week high of $28.00. The Western Union Co. has a market cap of $11.64 billion; its shares were traded around $27.77 with a price-earnings ratio of 10.64 and a price-sales ratio of 2.25. The trailing 12-month dividend yield of The Western Union Co. stocks is 2.88%. The forward dividend yield of The Western Union Co. stocks is 2.88%.

The Western Union Company recently reported third-quarter financial results and affirmed its financial outlook for the full year. In the third quarter, the company generated revenue of $1.3 billion, a decline of 6% on a reported basis or an increase of 4% in adjusted constant currency terms compared to the prior-year period. GAAP earnings per share in the third quarter were $0.32 compared to $0.46 in the prior-year period.

Chief Financial Officer Rajesh K. Agrawal sold 24,553 shares of Western Union stock on Jan. 2, 2020 at the price of $26.94 per share. The price of the stock has increased by 3.08% since.

American Electric Power Co. Inc. reached the 52-week high of $98.56

American Electric Power (AEP, Financial) is one of the largest regulated utilities in the United States, providing electricity to more than five million retail customers in 11 states. About 47% of AEP's capacity is coal, with the remainder from a mix of natural gas (27%), renewables (13%), nuclear (7%) and demand response (6%). Earnings are supported by vertically integrated utilities (51%), transmission and distribution utilities (24%), competitive transmission (14%) and unregulated generation and marketing (11%).

The price of American Electric Power shares has reached $98.56, which is 0.1% off the 52-week high of $98.66. American Electric Power has a market cap of $48.68 billion; its shares were traded around $98.56 with a price-earnings ratio of 22.92 and a price-sales ratio of 3.10. The trailing 12-month dividend yield of American Electric Power stocks is 2.75%. The forward dividend yield of American Electric Power stocks is 2.84%. American Electric Power had an annual average earnings growth of 0.60% over the past five years.

American Electric Power recently reported third-quarter 2019 earnings, prepared in accordance with Generally Accepted Accounting Principles, of $734 million or $1.49 per share, compared with GAAP earnings of $578 million or $1.17 per share in third-quarter 2018. Operating earnings for third-quarter 2019 were $722 million or $1.46 per share, compared with operating earnings of $619 million or $1.26 per share in third-quarter 2018.

Shopify Inc. reached the 52-week high of $454.88

Shopify Inc. (SHOP, Financial) is a Canadian company that provides a cloud-based commerce platform designed for small and medium-sized businesses. Using a single interface, the company's merchants can design, set up and manage their shops across multiple sales channels, including web, tablet and mobile storefronts, social media storefronts and brick-and-mortar and pop-up shops. Its platform provides merchants with a single view of their business and customers across all of their sales channels and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. Its channel offerings include web, mobile and tablet stores, brick-and-mortar and pop-up shops, social media, mobile apps and other channels.

The price of Shopify Inc. shares has reached $454.88, which is 0.9% off the 52-week high of $458.91. Shopify Inc. has a market cap of $52.82 billion; its shares were traded around $454.88 with a price-sales ratio of 34.94.

Shopify Inc. recently announced strong financial results for the quarter ended Sept. 30, 2019.Total revenue in the third quarter was $390.6 million, a 45% increase from the comparable quarter in 2018. Operating loss for the third quarter of 2019 was $35.7 million, or 9% of revenue, versus a loss of $31.4 million, or 12% of revenue, for the comparable period a year ago.

Amphenol Corp reached the 52-week high of $109.45

Amphenol (APH, Financial) is one of the world's largest designers and manufacturers of connectors, cables and sensor-based products. Amphenol's products are used primarily to transmit electrical and optical signals for a wide range of electronic applications. Primary end markets include voice, video and data communication systems, commercial and military aerospace electronics, industrial factory automation equipment, mobile devices and transportation applications.

The price of Amphenol Corp. shares has reached $109.45, which is 0.7% off the 52-week high of $110.24. Amphenol Corp. has a market cap of $32.45 billion; its shares were traded around $109.45 with a price-earnings ratio of 28.73 and a price-sales ratio of 4.07. The trailing 12-month dividend yield of Amphenol Corp. stocks is 0.88%. The forward dividend yield of Amphenol Corp. stocks is 0.91%. Amphenol Corp. had an annual average earnings growth of 13.10% over the past 10 years. GuruFocus rated Amphenol Corp. the business predictability rank of 5-star.

Amphenol recently reported GAAP diluted Earnings Per Share for the third quarter 2019 of $0.92 compared to $1.01 for the comparable 2018 period. Adjusted EPS for the third quarter 2019 was $0.95 compared to $0.99 for the third quarter 2018. Sales for the third quarter 2019 were $2.101 billion compared to $2.129 billion for the comparable 2018 period.

Copart Inc. reached the 52-week high of $97.12

Copart Inc. (CPRT, Financial) is a provider of online auctions and vehicle remarketing services targeted primarily at insurance companies, car dealerships, fleet operators and vehicle rental companies. The majority of the vehicles sold through Copart's services are either damaged or recovered stolen vehicles. Copart principally sells to vehicle dismantlers, rebuilders, used vehicle importers and exporters and the general public. The company generates revenue from fees paid by vehicle sellers and buyers and/or purchasing and reselling vehicles on its own account. Its main markets include North America and the British Isles.

The price of Copart Inc. shares has reached $97.12, which is 0.2% off the 52-week high of $97.36. Copart Inc. has a market cap of $22.58 billion; its shares were traded around $97.12 with a price-earnings ratio of 33.37 and a price-sales ratio of 10.86. Copart Inc. had an annual average earnings growth of 14.90% over the past 10 years. GuruFocus rated Copart Inc. the business predictability rank of 4.5-star.

Copart Inc. recently reported financial results for the quarter ended Oct. 31, 2019. Revenue, gross profit and net income were $554.4 million, $254.9 million and $218.2 million, respectively. These represent an increase in revenue of $93.1 million, or 20.2%; an increase in gross profit of $59.0 million, or 30.1%; and an increase in net income of $104.1 million, or 91.2%, respectively, from the same period last year. Fully diluted earnings per share for the three months were $0.91 compared to $0.47 last year, an increase of 93.6%.

Director Thomas N. Tryforos sold 131,467 shares of Copart stock on Jan. 13, 2020 at the price of $95.64 per share. The price of the stock has increased by 1.55% since.

Note: I do not own the stocks discussed

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