5 Companies Hit 52-Week Highs

Multiple companies have managed to achieve yearly highs

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Aug 22, 2017
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According to GuruFocus' list of 52-week highs, these stocks have reached their 52-week highs.

Ameren reached the 52-week high of $59.21

Ameren Corp. (AEE, Financial)Â is an American power company. It operates a rate-regulated electricity generation, transmission and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri and Illinois. Ameren owns rate-regulated generation, transmission and distribution networks that deliver electricity and natural gas in Missouri and Illinois. It serves nearly 2.5 million electricity customers and roughly 950,000 natural gas customers.

The price of Ameren shares has reached $59.21, which is 0.2% off the 52-week high of $59.33. Ameren has a market cap of $14.37 billion; its shares were traded around $59.21 with a price-earnings (P/E) ratio of 20.78 and price-sales (P/S) ratio of 2.30. Ameren's trailing 12-month dividend yield is 2.95%. Its forward dividend yield is 2.97%. Ameren had an annual average earnings growth of 5.00% over the past five years.

Ameren recently announced second-quarter net income attributable to common shareholders of $193 million, or 79 cents per share, compared to second-quarter 2016 net income attributable to common shareholders of $147 million, or 61 cents per share.

Weibo reached the 52-week high of $89.68

Weibo Corp. (WB, Financial)Â operates in the internet content industry in China. It offers a social media platform for people to create, distribute and discover Chinese-language content. Weibo is the largest social media platform in China. As of 2016, Weibo had 313 million monthly active users and 139 million daily active users, many of whom are drawn there by the millions of key opinion leaders in entertainment, sports and business circles. Sina (SINA, Financial) is the major shareholder, holding 49.9% of shares with 75% voting power; Alibaba (BABA, Financial) holds 31.5% of shares and 14.8% voting power.

The price of Weibo shares has reached $89.68, which is 0.3% off the 52-week high of $89.95. Weibo has a market cap of $19.56 billion; its shares were traded around $89.68 with a P/E ratio of 103.08 and a P/S ratio of 23.91.

For the second quarter, Weibo reported net revenues of $253.4 million, compared to $146.9 million for the same period last year. Income from operations for the second quarter was $88.0 million, compared to $27.3 million for the same period last year. Non-GAAP income from operations was $100.1 million, compared to $34.7 million for the same period last year. Nonoperating income for the second quarter was $1.5 million, compared to a nonoperating loss of $1.0 million for the same period last year.

CenterPoint Energy reached the 52-week high of $29.01

CenterPoint Energy Inc. (CNP, Financial)Â owns and operates a portfolio of energy-related businesses. The company primarily provides transmission and distribution services and has natural gas distribution systems in the U.S. CenterPoint Energy owns a portfolio of energy-related businesses. Its regulated electric utility provides transmission and distribution services to Houston and the surrounding area. The company has natural gas distribution systems in six states, including the cities of Houston and Minneapolis. CenterPoint owns approximately 54% of Enable Midstream Partners, a partnership consisting of natural gas processing and storage facilities and more than 21,000 miles of interstate, intrastate and gathering pipelines in the midcontinent region.

The price of CenterPoint Energy shares has reached $29.01, which is 1.5% off the 52-week high of $29.45. Centerpoint Energy has a market cap of $12.5 billion; its shares were traded around $29.01 with a P/E ratio of 20.87 and a P/S ratio of 1.42. Centerpoint Energy's trailing 12-month dividend yield is 3.65%. Its forward dividend yield is 3.69%.

CenterPoint Energy recently reported net income of $135 million, or 31 cents per diluted share, for the second quarter of 2017, compared with a net loss of $2 million, or a loss of 1 cent per diluted share for the same period of the prior year. On a guidance basis, second-quarter 2017 earnings were 29 cents per diluted share, consisting of 20 cents from utility operations and 9 cents from midstream investments. Second-quarter 2016 earnings on a guidance basis were 17 cents per diluted share, consisting of 14 cents from utility operations and 3 cents from midstream investments.

President and CEO Scott M. Prochazka sold 1,000 shares for $28.23 per share on Aug. 1. The stock price has increased by 2.76% since.

Intuitive Surgical reached the 52-week high of $984.31

Intuitive Surgical Inc. (ISRG, Financial)Â designs, manufactures and markets da Vinci Surgical Systems and related instruments. The da Vinci surgery, combines the benefits of minimally invasive surgery for patients with the ease of use, precision and dexterity of open surgery. Intuitive Surgical develops, produces and markets a robotic system for assisting minimally invasive surgery. Intuitive Surgical also provides the instrumentation, disposable accessories and warranty services for the system. The firm has placed roughly 4,000 da Vinci systems in hospitals worldwide, with 2,600 installations in the U.S. and a growing number in emerging markets.

The price of Intuitive Surgical shares has reached $984.31, which is 0.9% off the 52-week high of $993.00. Intuitive Surgical has a market cap of $36.57 billion; its shares were traded around $984.31 with a P/E ratio of 47.07 and P/S ratio of 13.39. Intuitive Surgical had an annual average earnings growth of 19.10% over the past 10 years. GuruFocus rated Intuitive Surgical the business predictability rank of 2-star.

Intuitive Surgical recently announced financial results for the quarter ended June 30:

  • Second-quarter revenue of $756 million grew approximately 13% compared with $670 million for the second quarter of 2016.
  • -Second-quarter GAAP net income was $222 million, or $5.77 per diluted share, compared with $185 million, or $4.71 per diluted share, for the second quarter of 2016.
  • -Second-quarter non-GAAP net income was $228 million, or $5.95 per diluted share, compared with $220 million, or $5.62 per diluted share, for the second quarter of 2016.

President and CEO Gary S. Guthart sold 17,975 shares on July 27 for $937.27 per share. The stock price has increased by 5.02% since.

WEC Energy Group reached the 52-week high of $64.59

WEC Energy Group Inc. (WEC, Financial)Â operates electric and gas utility businesses in various states across the U.S. The firm is primarily engaged in the generation of electricity, gas distribution and electric transmission. WEC Energy Group's electric and gas utility businesses serve 1.6 million electric customers and 2.8 million gas customers in its Illinois, Michigan, Minnesota and Wisconsin service territories. WEC Energy Group also owns a 60.0% stake in American Transmission Co. WEC Energy Group's business mix is approximately 59% electric generation and distribution, 27% gas distribution and 14% electric transmission.

The price of WEC Energy Group shares has reached $64.59, which is 0.5% off the 52-week high of $64.94. WEC Energy Group has a market cap of $20.38 billion; its shares were traded around $64.59 with a P/E ratio of 21.25 and a P/S ratio of 2.69. WEC Energy Group's trailing 12-month dividend yield is 3.18%. Its forward dividend yield is 3.22%. WEC Energy Group had an annual average earnings growth of 7.10% over the past 10 years. GuruFocus rated WEC Energy Group the business predictability rank of 3.5-star.

WEC Energy Group reported net income of $199.1 million, or 63 cents per share, for the second quarter, up from $181.4 million, or 57 cents per share, for the second quarter of 2016.

Director Gale E. Klappa sold 100,500 shares for $64.42 per share on Aug. 16. The stock price has increased by 0.26% since.

Disclosure: I do not own these stocks