Five Companies Hit 52-Week Highs

Multiple companies have achieved recently yearly highs

Author's Avatar
Mar 06, 2018
Article's Main Image

According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.

TJX Companies Inc (TJX, Financial) reached the 52-week high of $83.65

TJX Companies Inc. is an off-price apparel and home fashions retailer in the U.S. and other countries. Its stores offer family apparel, including footwear and accessories, home fashions, such as home basics, accent furniture, lamps, among others. TJX Companies is the nation's largest off-price retailer of brand-name and designer apparel and home fashions, selling its assortment at prices generally 20%-60% lower than regular prices. TJX operates more than 2,900 stores in the U.S. under its T.J. Maxx, Marshalls, HomeGoods, and Sierra Trading Post brands and over 1,000 stores in Canada, Australia and Europe under the Winners, HomeSense, Marshalls, Trade Secret and T.J. Maxx brands.

The price of TJX Companies Inc. shares has reached $83.65, which is 1.4% off the 52-week high of $84.79. TJX Companies Inc. has a market cap of $52.89 billion; its shares were traded around $83.65 with a P/E ratio of 20.71 and P/S ratio of 1.51. The trailing 12-month dividend yield of TJX Companies Inc. stocks is 1.49%. The forward dividend yield of TJX Companies Inc. stocks is 1.49%. TJX Companies Inc. had an annual average earnings growth of 15% over the past 10 years. GuruFocus rated TJX Companies Inc. the business predictability rank of 4-star.

The TJX Companies Inc. recently announced sales and earnings results for the fourth quarter ended Feb. 3, 2018. Net sales for the 14-week fourth quarter of fiscal 2018 increased 16% to $11.0 billion. Consolidated comparable store sales on a 13-week basis increased 4%, compared to last year’s 3% increase. Net income for the 14-week fourth quarter was $877 million and diluted earnings per share were $1.37. Adjusted diluted earnings per share for the fourth quarter were $1.19, a 16% increase over the prior year’s $1.03.

CEO and President Ernie Herrman sold 11,000 shares of TJX stock on March 2 at the price of $83.64 per share. The price of the stock has increased by 0.01% since.

Atlassian Corp. PLC (TEAM, Financial) reached the 52-week high of $58.17

Atlassian Corp. PLC is a holding company engaged in the designing, developing, licensing and maintaining of software and the provisioning of software hosting services to help teams organize, discuss and complete their work. Its products include JIRA for team planning and project management, Confluence for team content creation and sharing, HipChat for team messaging and communications, Bitbucket for team code sharing and management and JIRA Service Desk for team services and support applications. The company's products are used by NASA to design the Mars Rover, by Cochlear to develop aural implants. Atlassian has customers based worldwide.

The prices of Atlassian Corporation PLC shares have reached $58.17, which is 0.5% off the 52-week high of $58.45. Atlassian Corp. PLC has a market cap of $13.51 billion; its shares were traded around $58.17 with and P/S ratio of 17.88.

Atlassian Corporation PLC announced recently financial results for its second quarter of fiscal 2018 ended Dec. 31, 2017. Total revenue was $212.6 million for the second quarter of fiscal 2018, up 43% from $148.9 million for the second quarter of fiscal 2017. Net loss was $65.2 million for the second quarter of fiscal 2018, compared with $1.7 million for the second quarter of fiscal 2017. Net loss per diluted share was 28 cents for the second quarter of fiscal 2018, compared with 1 cent for the second quarter of fiscal 2017.

Sirius XM Holdings Inc. (SIRI, Financial) reached the 52-week high of $6.30

Sirius XM Holdings Inc. is a radio company. It offers commercial-free music, sports and live events, news and comedy, exclusive talk and entertainment, and a range of Latin commercial-free music and sports. The company provides a subscription-based digital radio service whose broadcast signals originate from satellites. Its primary means of distributing satellite radios is through the sale and lease of new vehicles. Sirius has agreements to offer its hardware with every automaker as factory- or dealer-installed equipment. It generates its revenue from subscribers, advertising, and sales of radios and accessories.

The price of Sirius XM Holdings Inc. shares has reached $6.30, which is 1.3% off the 52-week high of $6.38. Sirius XM Holdings Inc. has a market cap of $28.3 billion; its shares were traded around $6.30 with a P/E ratio of 48.46 and P/S ratio of 5.49. The trailing 12-month dividend yield of Sirius XM Holdings Inc. stocks is 0.67%. The forward dividend yield of Sirius Xm Holdings Inc stocks is 0.70%. Sirius XM Holdings Inc. had an annual average earnings growth of 23.10% over the past five years.

Sirius XM announced recently fourth quarter and full-year 2017 operating and financial results. The Company's net loss income totaled $37 million and $648 million in the fourth quarter and full-year 2017, respectively, compared to $205 million and $746 million in the fourth quarter and full-year 2016, respectively. Net loss income per diluted common share was 1 cent and 14 cents in the fourth quarter and full-year 2017, respectively, compared to 4 cents and 15 cents in the fourth quarter and full-year 2016, respectively.

Hewlett Packard Enterprise Co. (HPE, Financial) reached the 52-week high of $18.78

Hewlett Packard Enterprise Co. is a communication equipment company that provides servers, storage, networking and technology services. It is a leading provider of IT infrastructure equipment, such as servers, storage and networking. The company has three reporting segments: enterprise group, financial services and corporate investments. The enterprise group is a core segment, consisting of servers, storage, networking and technology services. The company uses both a direct and indirect go-to-market approach and it has a broad set of industry partnerships. HPE employs approximately 66,000 employees worldwide.

The price of Hewlett Packard Enterprise Co. (HPE, Financial) shares has reached $18.78, which is 1.9% off the 52-week high of $19.13. Hewlett Packard Enterprise Co. has a market cap of $29.42 billion; its shares were traded around $18.78 with a P/E ratio of 19.98 and P/S ratio of 1.07. The trailing 12-month dividend yield of Hewlett Packard Enterprise Co. stocks is 1.44%. The forward dividend yield of Hewlett Packard Enterprise Co. stocks is 1.60%.

Hewlett Packard Enterprise recently announced financial results for its fiscal 2018 first quarter, ended Jan. 31, 2018. First quarter net revenue of $7.7 billion was up 11% from the prior year and up 9% when adjusted for currency. First quarter GAAP diluted net earnings per share from continuing operations was 92 cents, up from GAAP diluted net EPS from continuing operations of 15 cents in the prior-year period. First quarter non-GAAP diluted net EPS from continuing operations was 34 cents, up from non-GAAP diluted net EPS from continuing operations of 28 cents in the prior-year period. First quarter non-GAAP net earnings from continuing operations and non-GAAP diluted net EPS from continuing operations exclude after-tax adjustments of $935 million and 58 cents per diluted share, respectively.

CSO Interim Pres Hybrid IT Philip Davis sold 16,405 shares of HPE stock on Feb. 27 at the price of $18.51 per share. The price of the stock has increased by 1.46% since.

McCormick & Co. Inc. (MKC, Financial) reached the 52-week high of $108.29

McCormick & Co. Inc. acts as a manufacturer, marketer and distributor of spices, herbs, extracts, seasonings and other flavorings. It serves its products to quick-service restaurants, retail grocery chains and packaged food processors. In its nearly 130-year history, McCormick has become the leading global manufacturer, marketer and distributor of spices, herbs, extracts, seasonings and other flavorings. McCormick's customer base includes top quick-service restaurants, retail grocery chains and other packaged food manufacturers, with about 45% of sales generated outside the United States in 150 countries and territories. Beyond its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen and the recently acquired Frank's RedHot and French's brand.

The price of McCormick & Co. Inc. shares have reached $108.29, which is 1.3% off the 52-week high of $109.67. McCormick & Co. Inc. has a market cap of $14.19 billion; its shares were traded around $108.29 with a P/E ratio of 29.03 and P/S ratio of 2.88. The trailing 12-month dividend yield of McCormick & Co. Inc. stocks is 1.78%. The forward dividend yield of Mccormick & Co Inc stocks is 1.92%. McCormick & Co. Inc. had an annual average earnings growth of 5.60% over the past 10 years. GuruFocus rated McCormick & Co. Inc. the business predictability rank of 4.5-star.

McCormick & Co. Inc., a global leader in flavor, recently reported financial results for the fourth quarter 2017. For the fourth quarter, sales rose 21% from the year-ago period. Earnings per share increased to $1.32 from $1.24 in the fourth quarter of 2016. Adjusted earnings per share rose 21% to $1.54 from $1.27 in the year-ago period.

Note: I do not own the stocks discussed.