5 Companies Reach 52-Week Highs

These stocks achieve annual milestone

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Jun 02, 2020
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According to the GuruFocus, these stocks have reached their 52-week highs.

NICE reached the 52-week high of $186.14

Nice Ltd. (NICE, Financial) is an enterprise software company that operates in two segments: customer engagement and financial crime and compliance. The company develops on-premises and cloud software based on data analytics. In customer engagement, Nice uses its software to offer services in both workforce engagement management and contact center infrastructure. In financial crime and compliance, Nice sells anti-money-laundering, risk management and fraud prevention software products.

The price of NICE Ltd. shares has reached $186.14, which is 1.2% off the 52-week high of $188.38. Nice Ltd. has a market cap of $11.28 billion; its shares were traded around $186.14 with a price-earnings ratio of 78.40 and a price-sales ratio of 7.32. Nice Ltd. had an annual average earnings growth of 15.00% over the past 10 years. GuruFocus rated Nice Ltd. the business predictability rank of 5-star.

NICE recently announced results for the quarter ended March 31. First quarter 2020 total revenues increased 8.9% to $410.4 million compared to $377.0 million for the first quarter of 2019. Diluted earnings per share increased 22.4% to $0.71 compared to $0.58 in the first quarter of 2019.

Charter reached the 52-week high of $544.00

Charter Communications Inc. (CHTR, Financial) is the product of the 2016 merger of Legacy Charter, Time Warner Cable and Bright House Networks. The firm now holds networks capable of providing television, Internet access and phone services to roughly 51 million U.S. homes and businesses.

The price of Charter Communications Inc. shares has reached $544.00, which is 0.5% off the 52-week high of $546.54. Charter Communications Inc. has a market cap of $112.31 billion; its shares were traded around $544.00 with a price-earnings ratio of 65.78 and a price-sales ratio of 2.58. Charter Communications Inc. had an annual average earnings growth of 20.80% over the past five years.

On May 1, the company reported results for the three months ended March 31. First quarter revenue of $11.7 billion grew by 4.8% year-over-year, driven by residential revenue growth of 4.2%, mobile revenue growth of 85.0% and SMB revenue growth of 5.4%. Net income attributable to Charter shareholders totaled $396 million in the first quarter compared to $253 million during the same period last year.

President and Chief Operating Officer John Bickham sold 68,830 shares of Charter Communications stock on May 6, 2020 at the price of $505.69 per share. The price of the stock has increased by 7.58% since.

VeriSign reached the 52-week high of $219.01

VeriSign Inc. (VRSN, Financial) is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. Additionally, the company operates two of the world's 13 root servers that are used to route Internet traffic. In 2018, the firm sold off its security services business, signaling a renewed focus on the core registry business.

The price of VeriSign Inc. shares has reached $219.01, which is 1.3% off the 52-week high of $221.78. Verisign Inc. has a market cap of $25.3 billion; its shares were traded around $219.01 with a price-earnings ratio of 32.88 and a price-sales ratio of 20.89. Verisign Inc. had an annual average earnings growth of 18.50% over the past 10 years. GuruFocus rated Verisign Inc. the business predictability rank of 3.5-star.

VeriSign, Inc. recently reported financial results for the first quarter of 2020. The company reported revenue of $313 million for the first quarter of 2020, up 2.0 percent from the same quarter in 2019. Verisign reported net income of $334 million and diluted earnings per share of $2.86 for the first quarter of 2020, compared to net income of $163 million and diluted EPS of $1.35 for the same quarter in 2019. The operating margin was 66.0 percent for the first quarter of 2020 compared to 65.4 percent for the same quarter in 2019.

President and Chief Operating Officer Todd B. Strubbe sold 6,300 shares of VeriSign stock on May 4, 2020 at the price of $208.05 per share. The price of the stock has increased by 5.27% since.

Domino's reached the 52-week high of $385.84

Domino's Pizza Inc. (DPZ, Financial) is a dominant player in the $84 billion global quick-service pizza category with nearly 19% market share and 36% of delivery dollars spent. The company generates revenue through franchise royalties, company-owned stores and sales from 27 dough-manufacturing and supply chain centers.

The price of Domino's Pizza Inc. shares has reached $385.84, which is 0.5% off the 52-week high of $387.85. Domino's Pizza Inc. has a market cap of $15.09 billion; its shares were traded around $385.84 with a price-earnings ratio of 36.99 and a price-sales ratio of 4.37. The trailing 12-month dividend yield of Domino's Pizza Inc. stocks is 0.71%. The forward dividend yield of Domino's Pizza Inc. stocks is 0.81%. Domino's Pizza Inc. had an annual average earnings growth of 15.30% over the past 10 years. GuruFocus rated Domino's Pizza Inc. the business predictability rank of 3-star.

Domino's Pizza, Inc. recently announced results. Revenues increased $37.1 million, or 4.4%, in the first quarter of 2020 compared to the prior-year quarter. Net Income increased $29.0 million, or 31.2%, to $121.6 million. Diluted earnings per share was $3.07 for the first quarter versus $2.20 in the prior-year quarter.

Chief Operating Officer and President of the Americas, Russell J. Weiner, sold 5,000 shares of Domino’s Pizza stock on May 13, 2020 at the price of $385 per share. The price of the stock has increased by 0.22% since.

Veeva Systems Inc. reached the 52-week high of $218.87

Veeva Systems Inc. (VEEV, Financial) is a supplier of vertical software solutions for the life sciences industry. The company addresses operating and regulatory requirements for customers ranging from small, emerging biotechnology companies to departments of global pharmaceutical manufacturers. The company leverages its domain expertise and cloud-based platform to improve the efficiency and compliance of the underserved life sciences industry.

The price of Veeva Systems Inc. shares has reached $218.87, which is 0.4% off the 52-week high of $219.72. Veeva Systems Inc. has a market cap of $32.84 billion; its shares were traded around $218.87 with a price-earnings ratio of 110.54 and a price-sales ratio of 29.08. Veeva Systems Inc. had an annual average earnings growth of 31.70% over the past five years.

Veeva Systems Inc. recently announced results for its fiscal first quarter ended April 30, 2020. Total revenues for the quarter were $337.1 million, up from $244.8 million a year ago. First quarter net income was $86.6 million compared to $73.4 million in the prior-year quarter, while diluted earnings per share was $0.54 compared to $0.47.

Executive Vice Presiden Alan Mateo sold 2,665 shares of Veeva Systems stock on May 5, 2020 at the price of $191.99 per share. The price of the stock has increased by 14% since.

Note: I do not own the stocks discussed in the article

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