Weekly 52-Week Highs Highlight: J.M. Smucker, McDonald's, Broadcom, Acuity Brands

A look at companies whose stocks have reached their 52-week high values

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Dec 10, 2015
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According to GuruFocus list of 52-week highs, J.M. Smucker Co. (SJM, Financial), McDonald’s Corp. (MCD, Financial), Broadcom Corp. (BRCM, Financial) and Acuity Brands Inc. (AYI, Financial) have all reached their 52-week highs.

Smucker reached the 52-week high of $124.77

Smucker manufactures and markets branded food products. The company has a market cap of $14.67 billion, and its shares were traded at around $122.59 with a P/E ratio of 35.32 and a P/S ratio of 1.97. The dividend yield of Smucker stocks is 2.15%. The company had an annual average earnings growth of 9.00% over the past 10 years. GuruFocus rated it the business predictability rank of 3.5 stars.

Smucker has recently announced its fiscal second quarter 2016 results ended Oct. 31. Net sales this quarter increased 40% year over year to $595.9 million. Meanwhile, GAAP net income per diluted share was down 5% to $1.47 and non-GAAP diluted EPS was up 6% to $1.62. Second quarter 2016 results reflect the contribution of Big Heart Pet Brands, which Smucker acquired in 2015.

President Steven Oakland sold 2,226 shares of Smucker stock on Nov. 19 at the average price of $122. Vice President David J. Lemmon and multiple other insiders have also recently sold shares of Smucker stock.

McDonald's reached the 52-week high of $117.30

McDonald's has a market cap of $107.05 billion. Its shares were traded at around $116.58 with a P/E ratio of 25.16 and a P/S ratio of 4.35. McDonald’s has a dividend yield of 2.95% and an annual average earnings growth of 12.00% over the past 10 years. GuruFocus rated McDonald's the business predictability rank of 4 stars.

McDonald’s saw third-quarter global comparable sales growth of 4% while consolidated revenues decreased 5% (increase of 7% in constant currencies). Diluted EPS increased 28% to $1.40.

Exec. Vice President and CFO Kevin M. Ozan, Corp. Exec. VP Jose Armario and multiple other insiders have all sold shares of McDonald's over the past month.

Broadcom reached the 52-week high of $58.14

Broadcom has a market cap of $35.01 billion, and its shares were traded at around $57.48 with a P/E ratio of 24.98 and a P/S ratio of 4.17. The dividend yield of Broadcom stocks is 0.97%, and the company had an annual average earnings growth of 18.30% over the past 10 years.

Broadcom generated third-quarter net revenue of $2.19 billion, which was 3.2% lower than the $2.26 billion reported for the third quarter of 2014. GAAP net income was $429 million, or 69 cents per diluted share, and non-GAAP EPS were 77 cents. Gross profit for the third quarter of 2015 was $1.17 billion compared to $1.18 billion last year. Dividends per share for this quarter were 14 cents.

Acuity Brands reached the 52-week high of $234.43

Acuity Brands has a market cap of $10.04 billion. Its shares were traded at around $230.08 with a P/E ratio of 45.12 and a P/S ratio of 3.69. Acuity has a dividend yield of 0.23%, and an annual average earnings growth of 6.00% over the past 10 years.

Acuity Brands has released its fourth quarter earnings results. Net sales for this period were $759.5 million, which was 14% higher than last year. GAAP net income was 10% higher than last year at $60.1 million and GAAP diluted EPS were $1.38 compared with $1.26 for the year-ago period. Adjusted fourth quarter net income was up 30% to $71.1 million.

Chairman, President and CEO Vernon J. Nagel sold 71,600 shares of AYI stock on 11/05/2015 at the average price of $215.19.

Check out the complete list of 52-week highs.