AXP and LMCB - Stocks at 52-Week High

Author's Avatar
Apr 28, 2013
Article's Main Image
According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-week high.

Liberty Media Corporation (LMCB, Financial) Reached 52-Week High of $111.07

The price of Liberty Media Corporation (LMCB) shares has reached $111.07, which is 1.3% off the 52-week high of $112.49.

Liberty Media Corporation is incorporated in the state of Delaware. Liberty Media Corporation has a market cap of $13.35 billion; its shares were traded at around $111.07 with a P/E ratio of 9.7466 and a P/S ratio of 6.8918.

On February 27, 2013, Liberty Media Corporation reported fourth quarter and year-end 2012 results.

Highlights include:

Liberty Media was spun-off from Starz Inc. on January 11, 2013.

The financials as of December 31, 2012 include the financial results of Starz Inc.

Liberty Media will present Starz as discontinued operations when reporting results in the first quarter of 2013. Pro forma, Liberty Media had$1.8 billion in cash and no debt at the time of the spin-off. Liberty Media's revenue decreased 52% to $467 million in the fourth quarter and 34% to$2 billion for the year. Adjusted OIBDA decreased 76% to $77 million for the quarter and 58% to$450 million for the year. Operating income decreased 91% to$25 million for the quarter and 66% to $326 million for the year. The decrease in revenue, adjusted OIBDA and operating income were primarily related to a one-time recognition of deferred revenue and costs at TruePosition in the prior year.

American Express Co. (AXP, Financial) Reached 52-Week High of $67.75

The price of American Express Co. (AXP) shares has reached $67.75, which is 1.9% off the 52-week high of $69.05.

American Express Co. was founded in 1850 as a joint stock association and was incorporated in 1965 as a New York corporation. American Express Co. has a market cap of $75.26 billion; its shares were traded at around $67.75 with a P/E ratio of 17.4216 and a P/S ratio of 2.38. The dividend yield of American Express Co. stocks is 1.18%. American Express Co. had an annual average earnings growth of 5% over the past 10 years. GuruFocus rated American Express Co. the business predictability rank of 3.5-star.

On April 17, 2013, American Express Company reported its first quarter net income of $1.3 billion, up 2% from a year ago. Diluted earnings per share was $1.15, up 7% from $1.07 a year ago. Consolidated total revenues net of interest expense were $7.9 billion, up 4% from $7.6 billion a year ago. The increase reflected strong card member spending as well as higher net interest income and annual card member fees.

President, Global Merchant Services, Anre D. Williams sold 51,013 shares of AXP stock on March 4, 2013, at the average price of $62.28. Anre D. Williams owns at least 66,605 shares after this. The price of the stock has increased by 8.78% since.

Check out the complete list of stocks on a 52-week high.