5 Companies Hit 52-Week Highs

Carnival, C.R. Bard, Stryker, Northrop Grumman, Orix achieve annual milestone

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Aug 08, 2017
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According to GuruFocus, these stocks have reached their 52-week highs.

Carnival PLC reached the 52-week high of $68.82

Carnival PLC (CUK, Financial) is a U.K.-based cruise company that provides leisure travel to major cruise destinations throughout the world.Ă‚

The price of Carnival shares has reached $68.82, which is -0.1% off the 52-week high of $68.72. Carnival has a market cap of $49.47 billion; its shares were traded around $68.82 with a price-earnings (P/E) ratio of 18 and a price-sales (P/S) ratio of 2.92. The trailing 12-month dividend yield is 2.10%. The forward dividend yield is 2.34%. Carnival had an annual average earnings growth of 3.90% over the past 10 years.

The company recently announced GAAP net income of $379 million, or 52 cents per share, for the second quarter of 2017 compared to $605 million, or 80 cents per share, in the comparable quarter of 2016. Adjusted net income of $378 million, or 52 cents per share, was higher than adjusted net income of $370 million, or 49 cents per share, for the second quarter of 2016. Revenue for the quarter came in at $3.9 billion, an increase from $3.7 billion in the prior-year quarter.

Chief Information Officer Alan Buckelew sold 15,000 shares for an average price of $67.02 per share on July 31. The stock price has increased 2.69% since then.

C.R. Bard reached the 52-week high of $318.42

C.R. Bard Inc. (BCR, Financial) manufactures, distributes and sells medical, surgical, diagnostic and patient care devices.Ă‚

The price of C.R. Bard shares has reached $318.42, which is 1.5% off the 52-week high of $323.27. The company has a market cap of $23.14 billion; its shares were traded around $318.42 with a P/E ratio of 41.85 and P/S ratio of 6.24. The trailing 12-month dividend yield is 0.33%. The forward dividend yield is 0.33%. The company had an annual average earnings growth of 8.10% over the past 10 years.

The company recently reported second-quarter 2017 financial results. Sales were $979.7 million, an increase of 5 % over the prior-year period on an as-reported basis. Excluding the impact of foreign exchange, net sales increased 6% from a year ago. Quarterly net income was $139.7 million and diluted earnings per share were $1.86, both declined 12% from second-quarter 2016.

Stryker reached the 52-week high of $146.41

Stryker Corp. (SYK, Financial) manufactures medical equipment, instruments and implantable devices. Its products include hip and knee replacements, endoscopy systems, operating room equipment, embolic coils and spinal devices.

The price of Stryker shares has reached $146.41, which is 1.7% off the 52-week high of $148.84. The company has a market cap of $54.77 billion; its shares were traded around $146.41 with a P/E ratio of 32.68 and P/S ratio of 4.65. The trailing 12-month dividend yield is 1.14%. The forward dividend yield is 1.16%. Stryker had an annual average earnings growth of 4.10% over the past 10 years.

The company recently reported operating results for the second quarter of 2017. Net sales grew 6.1% to $3 billion (6.9% constant currency). Adjusted net earnings per diluted share increased 10.1% to $1.53. Reported net earnings per diluted share increased 3% to $1.03.

Director Roch Doliveux bought 43 shares for an average price of $144.93 per share on Aug. 1. The stock price has increased 1.02% since then.

Northrop Grumman reached the 52-week high of $269.74

Northrop Grumman Corp. (NOC, Financial) is an aerospace and defense company that produces everything from aircraft and space systems to radars and sensors and provides cybersecurity technology.

The price of Northrop Grumman shares has reached $269.74, which is 0.0% off the 52-week high of $269.73. Northrop Grumman has a market cap of $46.96 billion; its shares were traded around $269.74 with a P/E ratio of 20.60 and P/S ratio of 1.90. The trailing 12-month dividend yield is 1.37%. The forward dividend yield is 1.48%. The company had an annual average earnings growth of 15.50% over the past 10 years.

The company reported second-quarter 2017 sales increased 6% to $6.4 billion from $6 billion in the second quarter of 2016. Net earnings increased 7% to $552 million from $517 million in the prior-year period. Diluted EPS increased 11% to $3.15 from $2.85 in the comparable quarter of 2016.

Kathy J. Warden, corporate vice president and president of information systems,Ă‚ sold 9,292 shares for an average price of $263.41 per share on Aug. 1. Ă‚ Since then, the stock price has increased 2.4%.

Orix reached the 52-week high of $82.78

Established in 1964 as the Orient Leasing Company, Orix Corp. (IX, Financial) is a diversified financial services company. It provides leasing and loans and engages in other various Ă‚ businesses.

The price of Orix shares has reached $82.78, which is 1.6% off the 52-week high of $84.07. Orix has a market cap of $21.2 billion; its shares were traded around $82.78 with a P/E ratio of 8.29 and P/S ratio of 0.84. The trailing 12-month dividend yield is 1.23%. The forward dividend yield is 2.43%. Orix had an annual average earnings growth of 10.50% over the past five years.

The company announced its results for the three”month period ended June 30 recently. Total revenues were 792.3 billion yen ($7.18 billion), a 35% increase year over year. Income before taxes was 135.6 billion yen, a 15% increase year over year, and net income was 89.7 billion yen, a 17% increase year over year. Annualized return on equity (ROE) was 14.3%, which exceeded its mid”term target of 11% to 12%.

Disclosure: I do not own these stocks.