According to GuruFocus' list, these stocks have reached their 52-week highs.
Principal Financial Group reached the 52-week high of $66.65
Principal Financial Group Inc. (PFG, Financial) is an investment management company. It offers a range of financial products and services, including retirement, asset management and insurance. Principal is a leading provider of retirement savings, investment and insurance products with $540 billion in assets under management and 20 million customers as of the most recent quarter. Once solely a mutual life insurance company, Principal has transformed itself into a financial services powerhouse by emphasizing retirement services and asset management for small and medium-size businesses and by leveraging its expertise in U.S. retirement systems to overseas markets.
The price of Principal shares has reached $66.65, which is 1.6% off the 52-week high of $67.73. Principal has a market cap of $19.26 billion; its shares were traded around $66.65 with a price-earnings (P/E) ratio of 15.16 and a price-sales (P/S) ratio of 1.54.Ă‚ Principal's trailing 12-month dividend yield is 2.72%. The forward dividend yield is 2.82%. Principal had an annual average earnings growth of 4.80% over the past 10 years.
President - Global Asset Management James P. McCaughan sold 6,193 shares for $62.33 per share on Sept. 12. The stock price has increased by 6.93% since.
Baidu reached the 52-week high of $247.69
Baidu Inc. (BIDU, Financial) is one of the world's leading Chinese language search engines. The company through its website primarily serves more than 800,000 advertisers including small and medium-sized businesses. Baidu is the largest internet search engine in China with about 80% revenue share in the paid search market. The firm generates 78.5% of revenue from search services, 16% from online video service iQiyi and 6.9% from transaction services. Baidu is a technology-driven company, and it has been investing in artificial intelligence technology and autonomously driven cars.
The price of Baidu shares has reached $247.69, which is 1.2% off the 52-week high of $250.57. Baidu has a market cap of $85.89 billion; its shares were traded around $247.69 with a P/E ratio of 47.12 and P/S ratio of 7.91. Baidu had an annual average earnings growth of 49.90% over the past 10 years. GuruFocus rated Baidu the business predictability rank of 4 stars.
Cognizant Technology Solutions reached the 52-week high of $73.80
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 shares has reached $73.80, which is 0.0% off the 52-week high of $73.83. Cognizant has a market cap of $43.59 billion; its shares were traded around $73.80 with a P/E ratio of 23.60 and P/S ratio of 3.14.Ă‚ Cognizant's trailing 12-month dividend yield is 0.41%. The forward dividend yield is 0.81%. Cognizant had an annual average earnings growth of 24.70% over the past 10 years. GuruFocus rated Cognizant the business predictability rank of 4 stars.
Cognizant reported second-quarter evenue 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 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 of this year.
President - Digital Operations Sumithra Gomatam sold 8,000 shares for $72 per share on Sept. 26. The stock price has increased by 2.5% since.
Public Service Enterprise Group reached the 52-week high of $47.60
Public Service Enterprise Group Inc. (PEG, Financial) operates in the utilities sector. Its primary business involves the production and transmission of power. Public Service Enterprise Group is the holding company for a regulated utility (PSE&G), a merchant power generation owner (PSEG Power) and an energy investment firm (Energy Holdings). PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4 million customers. PSEG Power owns and operates merchant power plants in the Mid-Atlantic, New York and the Northeast. Energy Holdings invests in energy-related assets worldwide. Public Service Enterprise Group also operates the Long Island Power Authority system.
The price of Public Service Enterprise Group shares has reached $47.60, which is 0.1% off the 52-week high of $47.65. Public Service Enterprise Group has a market cap of $24.08 billion; its shares were traded around $47.60 with a P/E ratio of 53.47 and P/S ratio of 2.61. Public Service Enterprise Group's trailing 12-month dividend yield is 3.57%. The forward dividend yield is 3.61%. Public Service Enterprise Group had an annual average earnings growth of 0.90% over the past 10 years.
Public Service Enterprise Group reported second-quarter net income of $109 million or 22 cents per share as compared to net income of $187 million or 37 cents per share reported for the second quarter of 2016. Non-GAAP operating earnings for the second quarter were $316 million or 62 cents per share as compared to non-GAAP operating earnings for the second quarter of 2016 of $289 million or 57 cents per share.
Chairman, President and CEO Ralph Izzo sold 20,833 shares for $46.5Ă‚ per share on Oct. 2. The stock price has increased by 2.37% since.
Rockwell Automation reached the 52-week high of $182.31
Rockwell Automation engages in providing industrial automation and information solutions to make its customers more productive and the world more sustainable. It operates in two segments: architecture and software and control products and solutions. Rockwell produces industrial process-control equipment designed to make factory floors more efficient. It makes products that control, measure and monitor processes ranging from beverage production to heavy-equipment manufacturing. Products include variable-speed motor drives, signaling devices, relays and sensors. Rockwell's most recognized brand is Allen-Bradley, which specializes in controllers.
The price of Rockwell shares has reached $182.31, which is 0.6% off the 52-week high of $183.47. Rockwell has a market cap of $23.4 billion; its shares were traded around $182.31 with a P/E ratio of 29.42 and P/S ratio of 3.82. Rockwell's trailing 12-month dividend yield is 1.67%. The forward dividend yield is 1.67%. Rockwell had an annual average earnings growth of 7.90% over the past 10 years. GuruFocus rated Rockwell the business predictability rank of 2.5 stars.
Rockwell reported fiscal 2017 third-quarter sales of $1.599 billion, up 8.5% from $1.474 billion in the third quarter of fiscal 2016. Organic sales grew 8.2%. Currency translation reduced sales by 0.9 percentage points, and acquisitions contributed 1.2 percentage points to sales growth. Fiscal 2017 third-quarter net income was $216.9 million or $1.67 per share, compared to $191.0 million or $1.46 per share in the third quarter of fiscal 2016. Fiscal 2017 third quarter Adjusted EPS was $1.76, up 14% compared to $1.55 in the third quarter of fiscal 2016.
President and CEO Blake D. Moret sold 1,723 shares on Sept. 14 for $170.06. The stock price has increased by 7.2% since.
Disclosure: I do not own these stocks.
