According to GuruFocus list of 52-week highs, these stocks have reached their 52-week highs.
Teleflex reached the 52-week high of $235.23
Teleflex Inc. (TFX, Financial) designs, develops, manufactures and supplies single-use medical devices used by hospitals and health care providers for common diagnostic and therapeutic procedures in critical care and surgical applications. Teleflex is a medical technology company that operates in six segments: vascular North America; anesthesia North America; surgical North America; Europe, Middle East and Africa, or EMEA; Asia; and OEM.
The vascular segment sells catheters and other devices used to administer intravenous medications as well as interventional access products. The anesthesia segment provides airway management and pain management products. The surgical segment sells devices used in surgical procedures, such as ligation and fascial closure systems. The EMEA and Asia segments primarily sell devices used in acute care and surgical settings. The OEM segment supplies devices and instruments to other medical-device manufacturers.
Teleflex generates the majority of its revenue in the U.S.
The price of Teleflex shares has reached $235.23, which is 0.3% off the 52-week high of $236.02. Teleflex has a market cap of $10.59 billion; its shares were traded around $235.23 with a price-earnings (P/E) ratio of 45.06 and a price-sales (P/S) ratio of 5.56. Teleflex's trailing 12-month dividend yield is 0.58%. The forward dividend yield is 0.58%.
Teleflex reported net revenues were $528.6 million in the second quarter, an increase of 11.6% compared to the prior year. Excluding the impact of foreign currency exchange rate fluctuations, net revenues increased 12.9% over the year-ago period. Second-quarter GAAP diluted earnings per share from continuing operations increased 33.6% to $1.67 as compared to $1.25 in the prior year. Second-quarter adjusted diluted earnings per share from continuing operations increased 7.9% to $2.04 compared to $1.89 in the prior-year period.
Cabot Oil & Gas reached the 52-week high of $26.81
Cabot Oil & Gas Corp. (COG, Financial) is an independent oil and gas company engaged in the development and exploration of oil and gas properties located in North America. Houston-based Cabot Oil & Gas is an independent exploration and production company with operations in Appalachia and Texas. At year-end 2015, Cabot's proved reserves were 8.2 trillion cubic feet of equivalent, with net production of 1.650 billion cubic feet of equivalent per day. Natural gas represented 96% of production and reserves. Approximately 60% of the company's reserves were categorized as proved developed.
The price of Cabot Oil & Gas shares has reached $26.81, which is 1.2% off the 52-week high of $27.14. Cabot Oil & Gas has a market cap of $12.4 billion; its shares were traded around $26.81 with a P/S ratio of 7.79. Cabot Oil & Gas' trailing 12-month dividend yield is 0.52%. The forward dividend yield is 0.75%.
Net income for the second quarter was $21.5 million, or 5 cents per share, compared to a net loss of $62.9 million, or 14 cents per share, for the second quarter of 2016. Cash flow from operating activities for the second quarter was $260.6 million, compared to $85.2 million for the second quarter of 2016. EBITDAX for the second quarter was $274.4 million, compared to $127.6 million for the second quarter of 2016.
Senior Vice President, Marketing Jeffrey W. Hutton sold 11,918 shares for $26.79 per share on Sept. 5. The stock price has increased by 0.07% since.
Cognizant Technology Solutions reached the 52-week high of $71.82
Cognizant Technology Solutions Corp. (CTSH, Financial) is an IT services provider. The company provides services such as technology consulting, application outsourcing, systems integration, business process services and cloud services. Cognizant is an IT services provider with headquarters in Teaneck, New Jersey. The company was founded in 1994, employs close to 260,000 people and provides such services as technology consulting, application outsourcing, systems integration, business process services and cloud services. The firm generates approximately 78% of group revenue from the North American market and roughly 90% of group revenue from its three main industries: financial services, health care and manufacturing, retail and logistics.
The price of Cognizant Technology Solutions shares has reached $71.82, which is 1.6% off the 52-week high of $73.00. Cognizant Technology Solutions has a market cap of $42.42 billion; its shares were traded around $71.82 with a P/E ratio of 22.95 and P/S ratio of 3.07. Cognizant's trailing 12-month dividend yield is 0.42%. The forward dividend yield is 0.84%. Cognizant Technology Solutions had an annual average earnings growth of 24.70% over the past 10 years. GuruFocus rated Cognizant Technology Solutions the business predictability rank of 4 stars.
Cognizant Technology Solutions reported that revenue for the second quarter rose to $3.67 billion, up 8.9% from $3.37 billion in the second quarter of 2016. GAAP net income was $470 million, or 80 cents per diluted share compared to $252 million, or 41 cents per diluted share, in the second quarter of 2016. The second quarter of 2016 GAAP EPS included the effect of incremental income tax expense related to the one-time $2.8 billion cash remittance from its subsidiary in India to non-Indian Cognizant entities. Non-GAAP diluted EPS was 93 cents compared to 87 cents in the second quarter of 2016. GAAP operating margin was 16.5% and non-GAAP operating margin was 20.0% for the second quarter.
President Rajeev Mehta sold 34,437 shares for $72.54 per share on Sept. 13. The stock price has decreased by 0.99% since.
American Express reached the 52-week high of $86.99
American Express Co. (AXP, Financial) is a payments, network and travel company. It provides charge and credit card products, travel services, network services, stored value products, loans and other products and services to businesses and individuals. American Express was founded as an express mail business in 1850. By the turn of the century, the company expanded into financial services and introduced its famous Travelers Cheques, before issuing the first American Express card in 1958. Today, the company provides charge and credit card products, travel services, network services, stored value products, loans, and other products and services to businesses and individuals. American Express issues cards to consumers and engages in merchant acquiring and processing globally.
The price of American Express shares has reached $86.99, which is 0.9% off the 52-week high of $87.78. American Express has a market cap of $76.9 billion; its shares were traded around $86.99 with a P/E ratio of 17.75 and P/S ratio of 2.47. American Express' trailing 12-month dividend yield is 1.47%. The forward dividend yield is 1.47%. American Express had an annual average earnings growth of 10.10% over the past 10 years. GuruFocus rated American Express Co the business predictability rank of 3.5 stars.
American Express eported second-quarter net income of $1.3 billion, down 33% from $2.0 billion a year ago. Diluted earnings per share in the current quarter were $1.47, down 30% from $2.10 a year ago. Second-quarter consolidated total revenues net of interest expense were $8.3 billion, up 1% from $8.2 billion a year ago.
President, Global Commercial Payments Susan Sobbott sold 6,000 shares on Sept. 7 for $84.39 per share. The stock price has increased by 3.08% since.
Stanley Black & Decker reached the 52-week high of $148.04
Stanley Black & Decker Inc. (SWK, Financial)Â provides hand tools, power tools and accessories, mechanical access solutions, electronic security and monitoring systems, healthcare solutions, engineered fastening systems and products for various industrial applications. Stanley Black & Decker is a manufacturer of hand and power tools. The company operates three business segments: tools and storage, security, and industrial. Tools and storage, the largest segment by revenue, sells hand tools and power tools to professional end users, distributors, retail consumers, and industrial customers. Security installs electronic security systems and provides electronic security services including alarm monitoring and video surveillance. Industrial sells engineered fastening products such as stud-welding systems, blind inserts and tools, and engineered plastic and mechanical fasteners. The largest end market is the U.S.
The price of Stanley Black & Decker shares has reached $148.04, which is 0.2% off the 52-week high of $148.36. Stanley Black & Decker has a market cap of $22.67 billion; its shares were traded around $148.04 with a P/E ratio of 19.00 and P/S ratio of 1.88. Stanley Black & Decker's trailing 12-month dividend yield is 1.60%. The forward dividend yield is 1.70%. Stanley Black & Decker had an annual average earnings growth of 5.90% over the past 10 years.
Stanley Black & Decker recently announced second-quarter revenues totaled $3.2 billion, up 10% from the prior year, with strong organic growth of 7%. The operating margin rate was 14.7%. Excluding M&A related charges, operating margin rate was 15.7%. Diluted GAAP EPS was $1.82. Excluding M&A related charges, diluted EPS was $2.01, up 9% versus the prior year, reflecting strong operational performance.
President-Stanley Engineered Fastening (SEF) John H. Wyatt sold 6,956 shares for $147.96 per share on Sept. 8. The stock price has increased by 0.05% since.
Disclosure: I do not own these stocks.
