5 Companies Hit Yearly Highs

Airgas, Ingersoll-Rand, First Data, China Petroleum, Intuit achieve milestones

Author's Avatar
Jan 24, 2017
Article's Main Image

According to GuruFocus' list of 52-week highs, these stocks have reached their 52-week highs.

Airgas reached the 52-week high of $142.95

Airgas Inc. (ARG, Financial) is a supplier of industrial, medical and specialty gases and hardgoods, such as welding equipment and related products. The company is a producer of atmospheric gases, carbon dioxide, dry ice and nitrous oxide, supplier of safety products and a U.S. supplier of refrigerants, ammonia products and process chemicals. Its production network and supply agreements, gas supply modes (from cylinders to truckload quantities to on-site pipeline supply) and national footprint make it one of the few fully integrated industrial gas companies in the U.S. The company also offers supply chain management services and solutions and product and process technical support.

The price of Airgas shares has reached $142.95, which is 0.1% off the 52-week high of $143.05. Airgas has a market cap of $10.41 billion; its shares were traded around $142.95 with a price-earnings (P/E) ratio of 31.56 and price-sales (P/S) ratio of 2.01. The trailing 12-month dividend yield is 1.68%. Airgas' forward dividend yield is 1.68%. It had an annual average earnings growth of 10.00% over the past 10 years. GuruFocus rated Airgas the business predictability rank of 5-star.

The company reported that third-quarter 2016 group revenue, which includes Airgas sales for the full quarter, reached 5.08 billion euros ($5.45 billion). It rose 23.9% on a reported basis and 26.8%, excluding the currency and energy impact, compared with third-quarter 2015. Excluding Airgas and the currency and energy impact, group revenue fell slightly by 1.1%, impacted by slower sales in engineering and construction.

Ingersoll-Rand reached the 52-week high of $78.64

Ingersoll-Rand PLC (IR, Financial) is a diversified company that provides products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables and increase industrial productivity and efficiency. Its business segments consist of Climate and Industrial, both with brands within their respective markets. The company generates revenue and cash through the design, manufacture, sale and service of a diverse portfolio of industrial and commercial products that include well-recognized, premium brand names such as Trane, Thermo King, American Standard and Club Car. Its business segments provide products, services and solutions used to increase the efficiency and productivity of both industrial and commercial operations and homes as well as improve the health and comfort of people around the world.

The price of Ingersoll-Rand shares has reached $78.64, which is 0.7% off the 52-week high of $79.21. Ingersoll-Rand has a market cap of $20.32 billion; its shares were traded around $78.64 with a P/E ratio of 13.65 and P/S ratio of 1.54. Ingersoll-Rand's trailing 12-month dividend yield is 1.73%. The forward dividend yield is 2.03%. Ingersoll-Rand had an annual average earnings growth of 13.60% over the past five years.

The company recently reported diluted earnings per share (EPS) from continuing operations of $1.39 for the third quarter of 2016. The company reported net earnings of $377 million, or EPS of $1.44, for the third quarter of 2016. Excluding tax adjusted restructuring costs, adjusted continuing EPS was $1.41. Third-quarter operating margins of 14.1% were up 0.50 percentage points. Enterprise revenues were up 2% with organic revenues up 3%. Organic revenue growth in North American operations was up 4%, and international operations were up slightly versus the prior year.

First Data reached the 52-week high of $15.79

First Data Corp. (FDC, Financial) is a provider of electronic commerce and payment solutions for merchants, financial institutions and card issuers. It was the subject of an initial public offering in connection with a spinoff from American Express (AXP) in 1992 and was acquired through a merger transaction with an entity controlled by affiliates of Kohlberg Kravis Roberts & Co. The company has operations in 34 countries. It is organized in three segments, which are Global Business Solutions, Global Financial Solutions and Network & Security Solutions.

The price of First Data shares has reached $15.79, which is 0.8% off the 52-week high of $15.92. First Data has a market cap of $14.38 billion; its shares were traded around $15.79 with a P/S ratio of 0.63. First Data had an annual average earnings growth of 24.70% over the past five years.

The company reported consolidated revenue for the third quarter ended Sept. 30 was $2.9 billion, up 1% versus the prior year, or up 2% excluding currency impacts. Total segment revenue was $1.8 billion for the quarter, up 1% versus the prior year period, or up 3% excluding currency impacts.

China Petroleum & Chemical reached the 52-week high of $78.32

China Petroleum & Chemical Corp. (SNP, Financial) was established on Feb. 25, 2000, as a joint stock limited company. It is an integrated energy and chemical company in China. Its principal activity includes the exploration and production, pipeline transportation and sale of petroleum and natural gas; the sale, storage and transportation of petroleum products, petrochemical products, coal chemical products, synthetic fiber, fertilizer and other chemical products; the import and export, including an import and export agency business, of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; and research, development and application of technologies and information. The company's operating business segments are Exploration and production, Refining, Marketing and Distribution, Chemicals and Corporate & Others.

The price of China Petroleum & Chemical shares has reached $78.32, which is 1.8% off the 52-week high of $79.72. China Petroleum & Chemical has a market cap of $94.82 billion; its shares were traded around $78.32 with a P/E ratio of 19.53 and a P/S ratio of 0.38. The trailing 12-month dividend yield of China Petroleum & Chemical stocks is 2.70%. The forward dividend yield of China Petroleum & Chemical stocks is 3.05%. China Petroleum & Chemical had an annual average earnings growth of 2.90% over the past 10 years.

The company reported that, in accordance with the International Financial Reporting Standards, the xompany’s operating profit reached 51.430 billion Chinese yuan renminbi ($7.49 billion), up 4.2% year on year. Net profit attributable to owners of the company was 30.107 billion renminbi, representing an increase of 11.2% year on year. Basic earnings per share were 0.249 renminbi, up 11.2% year on year. In accordance with the PRC Accounting Standards for Business Enterprises, the company’s revenue amounted to 1,363.945 billion renminbi, down 11.3% year on year. Net profit attributable to equity shareholders of the Company was 29.166 billion renminbi, up 12.6% year on year. Basic earnings per share were 0.241 renminbi, up 12.6% year on year.

Intuit reached the 52-week high of $117.10

Intuit Inc. (INTU, Financial) creates business and financial management solutions that help simplify the business of life for small businesses, consumers and accounting professionals. The company's products and services include QuickBooks and TurboTax that helps customers solve business and financial management problems including running a small business, paying bills and filing income taxes. The company's tax preparation offerings for professional accountants includes ProSeries and Lacerte. The company operates its businesses in three segments: Small Business, Consumer Tax and ProConnect.

The price of Intuit shares has reached $117.10, which is 1.3% off the 52-week high of $118.66. Intuit has a market cap of $30.06 billion; its shares were traded around $117.10 with a P/E ratio of 30.98 and P/S ratio of 6.44. Intuit's trailing 12-month dividend yield is 1.09%. The forward dividend yield is 1.16%. Intuit had an annual average earnings growth of 9.30% over the past 10 years. GuruFocus rated Intuit the business predictability rank of 2.5-star.

The company reported revenue of $778 million for the first quarter of 2017, up 9% from the previous year. Operating income was a loss of $61 million, compared to a loss of $29 million from the first quarter of 2016. Earnings per share were -12 cents compared to -11 cents from the same period in 2016.

Executive Vice President, Chief Technology Officer Henry Tayloe Stansbury sold 1,871 shares of Intuit stock on Dec. 28, 2016 for $116.88 per share. The stock price has increased by 0.19% since.

Disclosure: I do not own these stocks.

Start a free seven-day trial of Premium Membership to GuruFocus.