4 Companies Reach 52-Week Highs

These stocks have met annual milestones

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Jun 09, 2020
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According to GuruFocus, several stocks have reached their 52-week highs.

Ceridian reached the 52-week high of $81.93

Ceridian HCM Holding Inc. (CDAY, Financial) is a payroll processing and human capital management company. Based in Canada, the company has over 4,000 customers and is in the midst of transitioning from its on-premises product Bureau to its cloud-native payroll platform Dayforce.

The price of Ceridian shares has reached $81.93, which is 0.2% off the 52-week high of $82.10. The company has a market cap of $11.88 billion; its shares were traded around $81.93 with a price-earnings ratio of 160.64 and a price-sales ratio of 14.55.

Ceridian recently announced its financial results for the quarter ended March 31. Total revenue, which includes revenue from both the Cloud and Bureau solutions, was $222.7 million, an increase of 9.3% from the prior-year quarter. Net income was $8.6 million, down from $11.2 million. Adjusted net income was $22 million. Diluted net income per share was 6 cents. Adjusted diluted net income per share was 15 cents.

Executive Vice President and Chief Financial Officer Arthur Gitajn sold 86,500 shares of Ceridian HCM on May 20 for an average price of $65.51 per share. The share price has increased by 25.06% since then.

Nordson reached the 52-week high of $200.64

Nordson Corp. (NDSN, Financial) is a manufacturer of equipment (including pumps, valves, dispensers, applicators, filters and pelletizers, among other equipment) used for dispensing adhesives, coatings, sealants and other materials. The business is organized into three segments: adhesive dispensing, advanced technology and industrial coating. The company generated approximately $2.2 billion in revenue and $483 million in operating income in fiscal 2019.

The price of Nordson shares has reached $200.64, which is 0.9% off the 52-week high of $202.39. The company has a market cap of $11.55 billion; its shares were traded around $200.64 with a price-earnings ratio of 34.30 and a price-sales ratio of 5.39. The trailing 12-month dividend yield is 0.76%. The forward dividend yield is 0.76%. Nordson had an annual average earnings growth of 11.30% over the past five years.

Nordson recently reported results for the second quarter. For the three months ended April 30, sales were $529 million, a 4% decrease compared to the prior-year quarter. The reported operating profit was $125 million, net income was $92 million and GAAP diluted earnings per share were $1.58. Adjusted diluted earnings were $1.58 per share.

Executive Vice President John J Keane sold 41,200 shares of Nordson on May 28 for an average price of $182.87 per share. The stock has gained 9.72% since then.

Booz Allen Hamilton Holding reached the 52-week high of $80.53

Booz Allen Hamilton Holding Corp. (BAH, Financial) is a provider of management consulting services to the U.S. government. Other services offered include technology, such as cloud computing and cybersecurity consulting, and engineering consulting. The consulting services are focused on defense, intelligence, and civil markets. In addition to the U.S. government, Booz Allen Hamilton provides its management and technology consulting services to large corporations, institutions and nonprofit organizations.

The price of Booz Allen Hamilton shares has reached $80.53, which is 1.8% off the 52-week high of $82. The company has a market cap of $11.11 billion; its shares were traded around $80.53 with a price-earnings ratio of 23.62 and a price-sales ratio of 1.54. The trailing 12-month dividend yield is 1.29%. The forward dividend yield is 1.54%. Booz Allen Hamilton had an annual average earnings growth of 5.90% over the past 10 years.

Booz Allen Hamilton recently announced preliminary results for full fiscal 2020. The company reported annual revenue growth of 11.3% and a 9.9% annual increase in revenue. Full-year net income grew 15.3% to $482.6 million and adjusted net income increased by 13.6% to $448.7 million. Strong top-line growth contributed to an 11.8% annual increase in adjusted Ebitda to $754.1 million. Full-year diluted earnings per share were $3.41, up 50 cents or 17.2%, while adjusted diluted earnings were $3.18, up 42 cents or 15.2%.

Executive Vice President Susan L. Penfield sold 17,259 shares on June 1 for an average price of $80.01 per share. The stock has risen 0.65% since then.

Home Depot reached the 52-week high of $254.90

Home Depot Inc. (HD, Financial) is the world's largest home improvement retailer. Its stores offer numerous building materials, home improvement products, lawn and garden products and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair and operations sector, while the tie-up with Company Store brought textile exposure to the lineup.

The price of Home Depot shares has reached $254.90, which is 0.4% off the 52-week high of $255.85. The company has a market cap of $274.15 billion; its shares were traded around $254.90 with a price-earnings ratio of 25.33 and a price-sales ratio of 2.48. The trailing 12-month dividend yield is 2.24%. The forward dividend yield is 2.35%. Home Depot had an annual average earnings growth of 16.60% over the past 10 years.

Home Depot recently reported sales of $28.3 billion for the first quarter, a 7.1% increase from the first quarter of fiscal 2019. Comparable sales grew 6.4%, and comparable sales in the U.S. were up 7.5%. Net earnings were $2.2 billion, or $2.08 per diluted share, compared with net earnings of $2.5 billion, or $2.27 per diluted share, in the same period of fiscal 2019. For the first quarter of fiscal 2020, diluted earnings per share decreased 8.4% from the same period in the prior year.

Executive Vice President-Supply Chain & Product Devision Mark Holifield sold 52,505 shares on May 20 for an average price of $235.89 per share. Since then, the share price has increased by 8.06%.

Disclosure: I do not own the stocks discussed.

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