5 Companies Hit 52-Week Highs

Raymond James among those achieving annual milestone

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yifan900
Jul 05, 2017
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According to GuruFocus' list, these stocks have reached their 52-week highs.

Raymond James Financial reached the 52-week high of $81.33

Raymond James Financial Inc. (

RJF, Financial)operates as a financial services and bank holding company. Through its subsidiaries it is engaged in trading shares and securities as well as investment banking services.

Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management and commercial banking. The company has more than 10,000 employees and supports more than 3,000 independent contractor financial advisers across the U.S., Canada and the United Kingdom. Approximately 90% of the company's revenue is from the U.S.

The price of Raymond James Financial shares has reached $81.33, which is 0.7% off the 52-week high of $81.92. Raymond James Financial has a market cap of $11.71 billion; its shares were traded around $81.33 with a price-earnings (P/E) ratio of 21.29 and a price-sales (P/S) ratio of 2.01.

Raymond James Financial'strailing 12-month dividend yield is 1.05%. The forward dividend yield is 1.10%. Raymond James Financial had an annual average earnings growth of 7.90% over the past 10 years. GuruFocus rated Raymond James Financialthe business predictability rank of 3-star.

The company has recently reported net revenues of $1.56 billion and net income of $112.8 million, or 77 cents per diluted share, for the fiscal second quarter ended March 31. Record revenues during the quarter were largely driven by continued growth in the Private Client Group segment as well as a very strong quarter for investment banking. Earnings during the quarter were negatively impacted by the previously announced legal settlement, acquisition-related expenses and the acceleration of unamortized expenses due to the extinguishment of senior notes.

Thomson Reuters reached the 52-week high of $46.38

Thomson Reuters Corp. (

TRI, Financial)provides information for businesses and professionals. The company allows market participants to connect, access content and trade in a secure environment. Thomson Reuters, formed in 2008 from the merger of Canada-based Thomson and U.K.-based Reuters Group, is a leader in the global information services industry. The company reports via four segments: financial and risk (50% of revenue), legal (27% of revenue), tax and accounting and intellectual property. The company announced strategic alternatives for its intellectual property segment in late 2015.

The price of Thomson Reuters shares has reached $46.38, which is 1.3% off the 52-week high of $46.98. Thomson Reuters has a market cap of $33.33 billion; its shares were traded around $46.38 with a P/E ratio of 10.85 and a P/S ratio of 3.03.Thomson Reuters' trailing 12-month dividend yield is 2.96%. The forward dividend yield is 2.98%. Thomson Reuters had an annual average earnings growth of 1.40% over the past 10 years.

The company revenues were up 1%for the first quarter ended March 31, compared to down 1% in the prior-year period. Before currency, revenues were up 2%, compared to up 1% in the prior-year period. Operating profit increased 43%, from $310 million to $444 million. Adjusted EBITDA increased 17% with the margin increasing 430 basis points to 31.1%. Diluted earnings per share (EPS) was 41 cents, an increase of 21%, or 7 cents per share. Adjusted EPS was 63 cents, an increase of 37%, or 17 cents per share.

Delta Air Lines reached the 52-week high of $54.44

Delta Air Lines Inc. (

DAL, Financial)provides scheduled air transportation for passengers and cargo throughout the U.S. and around the world. The company's business segments are airline and refinery. Atlanta-based Delta Air Lines is one of the world's largest airlines, flying to more than 325 destinations in 60 countries. Delta operates under a hub system, where it gathers and distributes passengers across the globe through key locations in Atlanta, Cincinnati, New York, Salt Lake City, Detroit and Minneapolis-St. Paul. Delta generated $39.6 billion in revenue during 2016 and operates a fleet of 832 aircraft.

The price of Delta Air Lines shares has reached $54.44, which is -1.2% off the 52-week high of $53.79. Delta Air Lines has a market cap of $40.07 billion; its shares were traded around $54.44 with a P/E ratio of 10.06 and P/S ratio of 1.03. The trailing 12-month dividend yield is 1.49%.Delta Air Lines' forward dividend yield is 1.51%. It had an annual average earnings growth of 25.60% over the past five years.

The company recently reported the following:

  • March quarter 2017 GAAP pretax income of $915 million, net income of $603 million and earnings per diluted share of 82 cents.
  • March quarter 2017 adjusted pretax income of $847 million, adjusted net income of $560 million and adjusted earnings per diluted share of 77 cents.
  • Delta returned $349 million to shareholders through dividends and share repurchases.

Tesoro reached the 52-week high of $94.92

Tesoro Corp. (

TSO, Financial)is an independent petroleum refiner and marketer in the U.S. Its subsidiaries operate through three business segments, transport crude oil and manufacture, transport and sell transportation fuels.

Tesoro is engaged in the refining and retail marketing of refined petroleum products. The company operates seven refineries with a total crude oil capacity of 850,000 barrels per day after the acquisition of BP's 266 mb/d Carson refinery and the shutdown of its Hawaii refinery. Tesoro also operates retail fuel outlets in the Western and midcontinental U.S. It holds a 38% interest in Tesoro Logistics Partners, including the general partner interest. Its acquisition of Western Refining will add 245,000 bpd of refining capacity.

The price of Tesoro shares has reached $94.92, which is -0.5% off the 52-week high of $94.48. Tesoro has a market cap of $15.18 billion; its shares were traded around $94.92 with a P/E ratio of 15.87 and P/S ratio of 0.43.

Tesoro'strailing 12-month dividend yield is 2.31%. The forward dividend yield is 2.35%. Tesoro had an annual average earnings growth of 12.90% over the past 10 years.

The company reported first-quarter net earnings from continuing operations attributable to Tesoro of $50 million, or 42 cents per diluted share, compared to $58 million, or 48 cents per diluted share a year ago. Consolidated net earnings were $87 million for the first quarter compared to $109 million for the same period last year. EBITDA for the first quarter was $423 million compared to $411 million last year. First-quarter results included pretax costs associated with acquisitions of $19 million. First-quarter 2016 results include a pretax loss of $147 million related to a lower cost or market (LCM) inventory adjustment in the Refining segment.

Becton, Dickinson reached the 52-week high of $195.55

Becton, Dickinson and Co. (

BDX, Financial) is a medical technology company, engaged in the manufacture and sale of medical devices, instrument systems and reagents used by health care institutions, life science researchers, general public and clinical laboratories. Becton, Dickinson is the world's largest manufacturer and distributor of medical surgical products, such as needles, syringes and sharps-disposal units.

The company also manufactures diagnostic instruments and reagents as well as flow cytometry and cell-imaging systems. International revenue accounts for 60% of the company's business. Becton, Dickinson, with CareFusion, has entered into medical systems (such as infusion pumps, ventilators and respirators) as well as procedural solutions businesses.

The price of Becton, Dickinson shares has reached $195.55, which is 0.2% off the 52-week high of $196.01. Becton, Dickinson has a market cap of $44.46 billion; its shares were traded around $195.55 with a P/E ratio of 32.37 and P/S ratio of 3.46.Becton, Dickinson's trailing 12-month dividend yield is 1.46%. The forward dividend yield is 1.50%. Becton, Dickinson had an annual average earnings growth of 5.60% over the past 10 years. GuruFocus rated Becton, Dickinson the business predictability rank of 3.5-star.

The company recently reported quarterly revenues of $2.969 billion for the second fiscal quarter ended March 31. This represents a decrease of 3.2% from the prior-year period due to the divestiture of the Respiratory Solutions business that was completed in October 2016. On a comparable, currency-neutral basis, second quarter revenues grew 5.2%. Also, diluted earnings per share for the second quarter were $1.58, compared with $1.56 in the prior-year period. This represents an increase of 1.3%. Adjusted diluted earnings per share were $2.30, compared with $2.18 in the prior-year period. This represents an increase in adjusted diluted earnings per share of 5.5%, or 12.8% on a currency-neutral basis.

Disclosure: I do not own these stocks

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