Companies Hit 52-Week Highs

Five companies have risen to their highest price in a year

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Jul 19, 2016
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According to GuruFocus list of 52-week highs, these guru stocks have reached their 52-Week Highs.

Nucor Corp. (NUE, Financial) Reached the 52-Week High of $56.67

Nucor Corp. and its affiliates are manufacturer of steel and steel products. The company also produces direct reduced iron for use in the company's steel mills. The company through its affiliates processes ferrous and nonferrous metals and brokers ferrous and nonferrous metals, pig iron, hot briquetted iron and DRI. The company's operating facilities and customers are located in North America, but increasingly, it is doing business outside of North America as well. The company's operations include several international trading companies that buy and sell steel and steel products manufactured by the company and others. Its three reportable segments are steel mills, steel products and raw materials.

The price of Nucor Corp. shares has reached $56.67, which is 0.7% off the 52-week high of $57.08. Nucor Corp. has a market cap of $18.02 billion; its shares were traded around $56.67 with a P/E ratio of 50.15 and P/S ratio of 1.15. The trailing 12-month dividend yield of Nucor Corp. stock is 2.64%. The forward dividend yield of Nucor Corp. stocks is 2.65%. Nucor Corp. had an annual average earnings growth of 6.7% over the past five years.

The company recently reported consolidated net earnings of $70.8 million, or 22 cents per diluted share, for the first quarter of 2016. By comparison, Nucor reported net earnings of $67.8 million, or 21 cents per diluted share, for the first quarter of 2015. Nucor's consolidated net sales decreased 16% to $3.72 billion in the first quarter of 2016 from $4.40 billion in the first quarter of 2015.

Fiserv Inc. (FISV, Financial) Reached the 52-Week High of $110.34

The company provides financial services technology to clients including banks, thrifts, credit unions, investment management firms, leasing and finance companies, retailers, merchants, mutual savings banks, and building societies. The company provides account processing systems; electronic payments processing products and services, such as electronic bill payment and presentment services, card-based transaction processing and network services, ACH transaction processing, account-to-account transfers, and person-to-person payments; internet and mobile banking systems; and related services including document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management products and services.

The price of Fiserv Inc. shares has reached $110.34, which is 1.1% off the 52-week high of $111.51. Fiserv Inc. has a market cap of $24.53 billion; its shares were traded around $110.34 with a P/E ratio of 31.17 and P/S ratio of 4.89. Fiserv Inc. had an annual average earnings growth of 10.5% over the past 10 years. GuruFocus rated Fiserv Inc. the business predictability rank of 4-star.

The company recently reported GAAP revenue in the first quarter was $1.33 billion compared with $1.28 billion in the first quarter of 2015. Adjusted revenue was $1.25 billion in the first quarter of 2016 compared with $1.19 billion in the first quarter of 2015, an increase of 5%. Adjusted earnings per share increased 19% to $1.06 compared with 89 cents in the first quarter of 2015.

Waters Corp. (WAT, Financial) Reached the 52-Week High of $148.83

Waters Corp. is an analytical instrument manufacturer, mainly designs, manufactures, sells and services, through its Waters Division, high performance liquid chromatography, ultra performance liquid chromatography and mass spectrometry instrument systems and support products, including chromatography columns, other consumable products and comprehensive post-warranty service plans. Waters became a publicly traded company with its initial public offering in November 1995. The company's two operating segments, Waters Division and TA Division, have similar economic characteristics.

The price of Waters Corp. shares has reached $148.83, which is 1.8% off the 52-week high of $151.44. Waters Corp. has a market cap of $12.05 billion; its shares were traded around $148.83 with a P/E ratio of 26.34 and P/S ratio of 5.99. Waters Corp. had an annual average earnings growth of 10% over the past 10 years. GuruFocus rated Waters Corp. the business predictability rank of 4-star.

The company reported first quarter 2016 sales of $475 million, a 3% increase versus sales of $460 million in the first quarter of 2015. On a GAAP basis, earnings per diluted share for the first quarter were $1.15 and were flat compared to the first quarter of 2015.

Quest Diagnostics Inc. (DGX, Financial) Reached the 52-Week High of $83.30

The company and its subsidiaries are the providers of diagnostic testing. The company operations are organized in two business groups; Diagnostics Information Services and diagnostic solutions group. The Diagnostics Information Services business is a provider of diagnostic information services. The diagnostic solutions group offers solutions for insurers, health care providers and others.

The price of Quest Diagnostics Inc. shares has reached $83.30, which is 0.8% off the 52-week high of $83.97. Quest Diagnostics Inc. has a market cap of $11.78 billion; its shares were traded around $83.30 with a P/E ratio of 16.17 and P/S ratio of 1.60. The trailing 12-month dividend yield of Quest Diagnostics Inc. stock is 1.87%. The forward dividend yield of Quest Diagnostics Inc. stock is 1.92%. Quest Diagnostics Inc. had an annual average earnings growth of 6.2% over the past 10 years. GuruFocus rated Quest Diagnostics Inc. the business predictability rank of 3.5-star.

The company reported adjusted net income was $147 million, compared to $141 million in 2015. Net income was $102 million, or 70 cents per diluted share, compared to $61 million, or 42 cents per diluted share, in 2015.

Kellogg Co. (K, Financial) Reached the 52-Week High of $85.99

Kellogg Co. and its subsidiaries are engaged in manufacturing and marketing of ready-to-eat cereal and convenience foods. The company's main products are ready-to-eat cereals and convenience foods, such as cookies, crackers, toaster pastries, cereal bars, fruit snacks, frozen waffles and veggie foods. It uses brokers and distribution arrangements for certain products. Its products are manufactured and marketed globally. It also markets cookies, crackers and other convenience foods under brands such as Kellogg's, Keebler, Cheez-It, Murray, Austin and Amos.

The price of Kellogg Co. shares has reached $85.99, which is 0.3% off the 52-week high of $86.22. Kellogg Co. has a market cap of $30.1 billion; its shares were traded around $85.99 with a P/E ratio of 54.42 and P/S ratio of 2.29. The trailing 12-month dividend yield of Kellogg Co. stock is 2.33%. The forward dividend yield of Kellogg Co. stocks is 2.33%.

The company reported that first quarter 2016 net sales decreased by 4.5% to $3.4 billion, that quarterly currency-neutral comparable net sales increased by 6.6% and that quarterly reported operating profit was $438 million, an increase of 14% from the same quarter the previous year.

Ten-percent Owner W K Foundation Trust Kellogg sold 99,000 shares of Kellogg Co. stock on July 14 at the average price of $84. The price of the stock has increased by 2.37% since.

Note: I do not own these stocks.

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