Multiple Companies Achieve Yearly Highs

5 companies have managed to hit 52-week milestones

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Oct 03, 2017
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According to GuruFocus' list, these stocks have reached their 52-week highs.

Kite Pharma reached the 52-week high of $179.81

Kite Pharma Inc. (KITE, Financial) is a clinical-stage biopharmaceutical company. It is engaged in the development and commercialization of novel cancer immunotherapy products designed to harness the power of a patient's own immune system to eradicate cancer cells. In partnership with the National Cancer Institute through a cooperative research and development agreement, Kite is advancing a pipeline of proprietary product candidates, both chimeric antigen receptor and T-cell receptor products, targeting a wide range of cancer indications. The company also has a strategic collaboration with Amgen to develop and commercialize next-generation CAR-T therapies.

The price of Kite Pharma shares has reached $179.81, which is 0.0% off the 52-week high of $179.84. Kite Pharma has a market cap of $10.31 billion; its shares were traded around $179.81 with a price-sales (P/S) ratio of 292.37.

Chairman, President and CEO Arie Belldegrun sold 26,347 shares for $179.66 per share on Sept. 25. The stock price has increased by 0.08% since.

Cabot Oil & Gas reached the 52-week high of $26.75

Cabot Oil & Gas 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 million 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 have reached $26.75, which is 1.5% off the 52-week high of $27.14. Cabot Oil & Gas has a market cap of $12.37 billion; its shares were traded around $26.75 with and P/S ratio of 7.77. The trailing 12-month dividend yield of Cabot Oil & Gas stocks is 0.52%. The forward dividend yield of Cabot Oil & Gas stocks is 0.75%.

Sr. Vice President, Marketing Jeffrey W. Hutton sold 11,918 shares for $26.79 per share on Sept. 25. The stock price has decreased by 0.15% since.

Morgan Stanley reached the 52-week high of $48.17

Morgan Stanley (MS, Financial) is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities and wealth-management and asset-management segments as well as more than 50,000 employees. The company derives about 30% of its total revenue outside the Americas.

The price of Morgan Stanley shares has reached $48.17, which is 1.5% off the 52-week high of $48.90. Morgan Stanley has a market cap of $88.47 billion; its shares were traded around $48.17 with a price-earnings (P/E) ratio of 13.80 and P/S ratio of 2.40. Morgan Stanley's trailing 12-month dividend yield is 1.76%. The forward dividend yield is 2.08%. Morgan Stanley had an annual average earnings growth of 16.60% over the past five years.

Morgan Stanley recently reported net revenues of $9.5 billion for the second quarter ended June 30 compared with $8.9 billion a year ago. For the current quarter, net income applicable to Morgan Stanley was $1.8 billion, or 87 cents per diluted share, compared with net income of $1.6 billion, or 75 cents per diluted share, for the same period a year ago.

Roper Technologies reached the 52-week high of $243.40

Roper Technologies Inc. (ROP, Financial) is a diversified technology company. The firm offers industrial pumps, water meters, sensors, valves, control systems, highway tolling systems and SaaS brokerage for freight and food markets, digital imaging and software systems. Roper Technologies' portfolio splits more than 40 different businesses among four operating segments. Industrial Technology houses a collection of industrial pumps and water meters. Energy & Controls sells sensors, valves, process control systems and nondestructive measurement and testing equipment. RF Technology offers highway tolling systems and SaaS brokerage for freight and food markets. Medical & Scientific provides highly specialized equipment, digital imaging and software systems.

The price of Roper Technologies shares has reached $243.40, which is 1.7% off the 52-week high of $247.54. Roper Technologies has a market cap of $24.88 billion; its shares were traded around $243.40 with a P/E ratio of 36.44 and P/S ratio of 6.00. Roper Technologies' trailing 12-month dividend yield is 0.55%. The forward dividend yield is 0.58%. Roper Technologies had an annual average earnings growth of 11.10% over the past 10 years. GuruFocus rated Roper Technologies the business predictability rank of 5 stars.

Roper Technologies recently reported that GAAP revenue increased 22% to $1.13 billion and adjusted revenue grew 23% to $1.15 billion in the second quarter ended June 30. GAAP gross margin increased 130 basis points to 62.2% and adjusted gross margin increased 170 basis points to 62.7%. GAAP DEPS were $1.74, a 13% increase while adjusted DEPS was $2.24, a 20% increase. Adjusted EBITDA grew 26% to $394 million and adjusted EBITDA margin grew 70 basis points to 34.3%.

Vice President and Controller Jason Conley sold 5,000 shares for $245 per share on Sept. 20. The stock price has decreased by 0.65% since.

Rollins reached the 52-week high of $46.14

Rollins Inc. (ROL, Financial) was incorporated as Rollins Broadcasting Inc. on Feb. 24, 1948. It is an international service company providing pest and termite control services through its wholly owned subsidiaries to both residential and commercial customers in North America with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa and Mexico. The company's services are performed through a contract that specifies service frequency and the pricing arrangement with the customer. The company through its subsidiaries provides customized services from over 400 locations. It serves customers, directly or through franchises operations, in the U.S., Canada, Central America and many other places throughout the world.

The price of Rollins shares has reached $46.14, which is -0.3% off the 52-week high of $45.99. Rollins has a market cap of $10.06 billion; its shares were traded around $46.14 with a P/E ratio of 54.93 and P/S ratio of 6.21. Rollins' trailing 12-month dividend yield is 0.96%. The forward dividend yield is 1.00%. Rollins had an annual average earnings growth of 10.70% over the past 10 years. GuruFocus rated Rollins the business predictability rank of 5 stars.

Rollins recorded second-quarter revenues of $433.6 million, an increase of 5.5% over the prior year's second-quarter revenue of $411.1 million. Rollins' net income increased 12.4% to $53.7 million or 25 cents per diluted share for the second quarter ended June 30, compared to $47.8 million or 22 cents per diluted share for the same period in 2016.

Disclosure: I do not own these stocks