5 Companies Hit 52-Week Highs

As of late, multiple companies have all managed to achieve yearly peaks

Author's Avatar
May 01, 2018
Article's Main Image

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

Anthem Inc. (ANTX, Financial) reached the 52-week high of $57.59

Anthem Inc. is a health benefits company offering a network-based managed care plans to the large and small employer, individual, Medicaid and Medicare markets. Its business segments are Commercial and Specialty Business, Government Business and Other. With over 40 million medical members, Anthem is one of the largest managed-care organizations in the U.S. The firm provides health insurance services to its members through a plethora of products that encompass every major insurance market--individual, group, and government-sponsored. The firm operates under the highly recognizable Blue Cross/Blue Shield brand in 14 states and has a large nationwide operation.

The price of Anthem Inc. shares has reached $57.59, which is 6.2% off the 52-week high of $54.01. Anthem Inc. has a market cap of $52.6 billion; its shares were traded around $57.59 with a P/E ratio of 15.33 and P/S ratio of 0.71. The trailing 12-month dividend yield of Anthem Inc. stocks is 4.56%. The forward dividend yield of Anthem Inc. stocks is 4.56%. Anthem Inc. had an annual average earnings growth of 9.60% over the past 10 years. GuruFocus rated Anthem Inc. the business predictability rank of 4.5-star.

Anthem Inc. recently reported strong first quarter 2018 financial results. First quarter net income increased 30% to $1.3 billion with margins improving across the company's business segments. Adjusted net income of $5.41 per share grew by 15.6% year over year. The company generated operating cash flows of $2.2 billion, or 1.7 times net income.

Michael Kors Holdings Ltd. (KORS, Financial) reached the 52-week high of $69.06

Michael Kors Holdings Ltd. is a designer, marketer, distributor and retailer of women's apparel and accessories and men's apparel. The company's business consists of retail, wholesale and licensing segments. Michael Kors Holdings Ltd. designs and manufactures apparel, footwear and accessories (primarily handbags). Products are positioned as luxury goods and classified under three collections. The Michael Kors Collection and MICHAEL Michael Kors are the women's collections and are distinguished from each other by their price points. Michael Kors Mens is the men's collection. Most sales are through one of two channels: directly through its company-operated retail stores (and e-commerce websites), or through wholesale to department and specialty stores. The company licenses products such as watches, jewelry, eyewear, and fragrances. Production is carried out across Asia and Europe, and sales are concentrated in the Americas, Europe and Asia along with additional markets through licensees.

The price of Michael Kors Holdings Ltd. shares has reached $69.06, which is 1.3% off the 52-week high of $69.95. Michael Kors Holdings Ltd. has a market cap of $10.51 billion; its shares were traded around $69.06 with a P/E ratio of 20.19 and P/S ratio of 2.35. Michael Kors Holdings Ltd. had an annual average earnings growth of 32.50% over the past five years.

Michael Kors Holdings Ltd. recently announced its financial results for the fiscal 2018 third quarter ended Dec. 30, 2017. Earnings per diluted share were $1.42 on a reported basis. On an adjusted basis, earnings per diluted share were $1.77, an increase of 7.9% compared to the prior year. Total revenue increased 6.5% to $1.44 billion.

Chairman and CEO John D. Idol sold 150,000 shares of Michael Kors Holdings stock on April 18 at the price of $66.23 per share. The price of the stock has increased by 4.27% since.

Stryker Corp. (SYK, Financial) reached the 52-week high of $170.67

Stryker Corp. is engaged in designing, manufacturing and marketing of medical equipment, instruments and implantable devices. Its products include hip and knee replacements, endoscopy systems, operating room equipment, embolic coils and spinal devices. Stryker designs, manufactures and markets an array of medical equipment, instruments, consumable supplies and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils and spinal devices. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Approximately 35% of Stryker's total revenue currently comes from outside the U.S.

The price of Stryker Corp. shares has reached $170.67, which is 0.4% off the 52-week high of $171.35. Stryker Corp. has a market cap of $63.68 billion; its shares were traded around $170.67 with a P/E ratio of 63.68 and P/S ratio of 5.21. The trailing 12-month dividend yield of Stryker Corp. stocks is 1.05%. The forward dividend yield of Stryker Corp. stocks is 1.10%. Stryker Corp. had an annual average earnings growth of 6.00% over the past 10 years. GuruFocus rated Stryker Corp. the business predictability rank of 5-star.

Stryker Corporation recently reported operating results for the first quarter of 2018:

  • Reported net sales increased 9.7% to $3.2 billion.
  • Organic net sales increased 7.0% despite one less selling day.
  • Reported operating income margin of 18.2%.
  • Adjusted operating income margin expanded 70 bps to 25.0%.
  • Reported EPS decreased 0.9% to $1.16.
  • Adjusted EPS increased 13.5% to $1.68, exceeding high end of guidance range.

Vice President and CFO Glenn S. Boehnlein sold 750 shares of Stryker Corp. stock on April 16 at the price of $160 per share. The price of the stock has increased by 6.67% since. Vice President Strategy and Investor Relations Katherine Ann Owen sold 2,651 shares of Stryker Corp. stock on April 18 at the price of $165 per share. The price of the stock has increased by 3.44% since.

Sysco Corp. (SYY, Financial) reached the 52-week high of $63.38

Sysco Corp. is in the business of food distribution. Its primary business involves the distribution of food and related products to the foodservice or food-away-from-home industry. Sysco is a leading foodservice distributor in North America and Europe, controlling more than 17% of the almost $300 billion market. The firm distributes more than 400,000 food and nonfood products to 500,000 customers, including restaurants, health care and educational facilities, and lodging establishments. While Sysco derives the bulk of its sales from North America, the tie-up with Brakes last year bolstered its position in Europe, with sales from the region now representing around 10% of its consolidated total.

The price of Sysco Corp. shares has reached $63.38, which is 1.4% off the 52-week high of $64.27. Sysco Corp. has a market cap of $33.08 billion; its shares were traded around $63.38 with a P/E ratio of 28.42 and P/S ratio of 0.60. The trailing 12-month dividend yield of Sysco Corp. stocks is 2.18%. The forward dividend yield of Sysco Corp. stocks is 2.27%. Sysco Corp. had an annual average earnings growth of 1.80% over the past 10 years. GuruFocus rated Sysco Corp. the business predictability rank of 2.5-star.

Sysco Corporation recently announced financial results for its 13-week second fiscal quarter ended Dec. 30, 2017. Second wuarter fiscal 2018 highlights include:

  • Sales increased 7.1% to $14.4 billion.
  • Gross profit increased 5.0% to $2.7 billion; gross margin decreased 38 basis points to 18.73%.
  • Operating income increased 8.1% to $532 million; adjusted operating income increased 3.9% to $579 million.
  • Earnings per share increased $0.04 to 54 cents; adjusted earnings per share increased 20 cents to 78 cents; further adjusting to exclude a one-time benefit associated with the recent U.S.tax rate changes, adjusted earnings per share increased 8 cents to 66 cents.

Executive Vice President Paul T. Moskowitz sold 30,667 shares of Sysco Corp. stock on April 18 at the price of $62.50 per share. The price of the stock has increased by 1.41% since. Director Richard G. Tilghman sold 5,000 shares of Sysco Corp. stock on April 16 at the price of $60.62 per share. The price of the stock has increased by 4.55% since.

Occidental Petroleum Corp. (OXY, Financial) reached the 52-week high of $77.04

Occidental Petroleum Corp. is in the business of exploration and production of oil and gas. It also processes, gathers, transports, stores, purchases and markets oil, condensate, natural gas liquids and natural gas. Occidental is an independent exploration and production company with operations in the U.S., Latin America and the Middle East. At the end of 2017, the company reported net proven reserves of 2.6 billion barrels of oil equivalent. Net production averaged 601 thousand barrels of oil equivalent per day in 2017, at a ratio of 25% oil and NGLs and 25% natural gas.

The price of Occidental Petroleum Corp. shares has reached $77.04, which is 1.4% off the 52-week high of $78.09. Occidental Petroleum Corp. has a market cap of $58.99 billion; its shares were traded around $77.04 with a P/E ratio of 45.32 and P/S ratio of 4.72. The trailing 12-month dividend yield of Occidental Petroleum Corp. stocks is 3.98%. The forward dividend yield of Occidental Petroleum Corp. stocks is 4.0%.

Occidental Petroleum Corp. recently announced reported net income of $497 million, or 65 cents per diluted share, for the fourth quarter of 2017, compared with $190 million, or 25 cents per diluted share, for the third quarter of 2017. Core income for the fourth quarter of 2017 was $313 million, or 41 cents per diluted share, compared with $137 million, or 18 cents per diluted share, for the third quarter of 2017.

Note: I do not own the stocks discussed.