5 Companies Hit 52-Week Highs

Recently, multiple companies have managed to achieve peaks

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May 22, 2018
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According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-week highs.

Anadarko Petroleum Corp. (APC, Financial) reached the 52-week high of $70.57

Anadarko Petroleum Corp. is engaged in the exploration and production of oil and natural gas. Its asset base includes conventional and unconventional properties in the U.S. and deep-water oil and gas projects in the Gulf of Mexico and Africa. Anadarko Petroleum, based in The Woodlands, Texas, is one of the largest independent exploration and production companies in North America. At the end of 2017, proven reserves totaled 1.44 billion boe, with net production of 672 mboe/d.

The price of Anadarko Petroleum Corp. shares has reached $70.57, which is 1.5% off the 52-week high of $71.66. Anadarko Petroleum Corp. has a market cap of $36.35 billion; its shares were traded around $70.57 with and P/S ratio of 3.35. The trailing 12-month dividend yield of Anadarko Petroleum Corp. stocks is 0.57%. The forward dividend yield of Anadarko Petroleum Corp. stocks is 1.42%.

Anadarko Petroleum Corp. recently announced 2018 first”‘quarter results, reporting net income attributable to common stockholders of $121 million, or 22 cents per share (diluted). These results include certain items typically excluded by the investment community in published estimates. In total, these items decreased net income by $158 million, or 30 cents per share (diluted), on an after-tax basis. Net cash provided by operating activities in the first quarter of 2018 was $1.43 billion.

Fidelity National Information Services Inc. (FIS, Financial) reached the 52-week high of $104.12

Fidelity National Information Services Inc. offers a range of solutions in retail and institutional banking, payments, asset and wealth management, risk and compliance, treasury and insurance and provides consulting and outsourcing services. Fidelity National Information Services provides core and payment processing services to banks. In addition, it provides processing software for capital markets providers, asset managers, and custodians. The company serves more than 20,000 institutions in over 130 countries. North America accounts for 76% of revenue; Europe, the Middle East, and Africa another 15%; while Asia accounts for 5% of total sales.

The price of Fidelity National Information Services Inc. shares has reached $104.12, which is 0.9% off the 52-week high of $105.02. Fidelity National Information Services Inc. has a market cap of $34.47 billion; its shares were traded around $104.12 with a P/E ratio of 25.65 and P/S ratio of 3.90. The trailing 12-month dividend yield of Fidelity National Information Services Inc. stocks is 1.14%. The forward dividend yield of Fidelity National Information Services Inc. stocks is 1.23%. Fidelity National Information Services Inc. had an annual average earnings growth of 8.90% over the past 10 years. GuruFocus rated Fidelity National Information Services Inc. the business predictability rank of 4.5-star.

FIS recently reported first quarter 2018 results. GAAP revenue decreased 3.8% to $2.07 billion from $2.15 billion in the prior-year quarter. Operating income increased to $294 million from $246 million in the prior-year quarter, while operating income margin expanded 280 basis points to 14.2%. Net earnings attributable to common stockholders was $182 million for the quarter, or 54 cents per diluted share, compared to 39 cents per diluted share in the prior year quarter, an increase of 38.5%.

CEVP and Chief People Officer Lenore D. Williams sold 7,843 shares of FIS stock on May 16, 2018, at the price of $104.56 per share. The price of the stock has decreased by 0.42% since.

Lear Corp. (LEA, Financial) reached the 52-week high of $201.76

Lear Corp. designs, develops, and manufactures automotive seating and electrical systems and components. Its products include frames and mechanisms, covers, foam, and headrests as well as wiring harnesses, terminals and connectors and others. Seating components include frames and mechanisms, covers (leather and woven fabric), foam and headrests. Automotive electrical distribution systems and major electrical and electronic components include wiring harnesses, terminals and connectors, junction boxes, electronic control modules, wireless control devices, interior and exterior LED lighting systems, as well as audio systems and electronics.

The price of Lear Corp. shares has reached $201.76, which is 1.0% off the 52-week high of $203.81. Lear Corp. has a market cap of $13.38 billion; its shares were traded around $201.76 with a P/E ratio of 10.38 and P/S ratio of 0.64. The trailing 12-month dividend yield of Lear Corp. stocks is 1.09%. The forward dividend yield of Lear Corp. stocks is 1.39%. Lear Corp. had an annual average earnings growth of 27.00% over the past five years.

Lear Corp. recently reported record results for the first quarter 2018. Highlights include:

  • Record sales of $5.7 billion, up 15% from a year ago.
  • Record net income of $353.7 million and record adjusted net income of $344.5 million, compared to $305.8 million and $300.1 million, respectively, in the prior year.
  • Record core operating earnings of $490.5 million, up 14% from a year ago.
  • Record earnings per share of $5.16 and record adjusted earnings per share of $5.10, up 19% from a year ago.

Phillips 66 (PSX, Financial) reached the 52-week high of $120.33

Phillips 66 is an oil and gas company that purchases for resale and markets refined petroleum products. Its joint venture operates facilities in the U.S. and the Middle East and primarily produces olefins and polyolefins. Phillips 66 is an independent refiner with 13 refineries with a total throughput capacity of 2.1 million barrels per day. Its DCP Midstream joint venture holds 61 natural gas processing facilities, 12 NGL fractionation plants, and a natural gas pipeline system with 64,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the U.S. and the Middle East and primarily produces olefins and polyolefins. Phillips 66 also holds a 71% interest, including the general-partner interest, in Phillips 66 Partners LP.

The price of Phillips 66 (PSX, Financial) shares has reached $120.33, which is 1.7% off the 52-week high of $122.38. Phillips 66 has a market cap of $56.05 billion; its shares were traded around $120.33 with a P/E ratio of 12.13 and P/S ratio of 0.60. The trailing 12-month dividend yield of Phillips 66 stocks is 2.41%. The forward dividend yield of Phillips 66 stocks is 2.66%.

Phillips 66 recently announced first-quarter 2018 earnings of $524 million and adjusted earnings of $512 million. This compares with fourth-quarter 2017 earnings of $3.2 billion and adjusted earnings of $548 million. Fourth-quarter 2017 earnings included a $2.7 billion benefit from U.S. tax reform.

Vice President and Controller Chukwuemeka A. Oyolu sold 6,900 shares of Phillips 66 stock on May 17, 2018, at the price of $120 per share. The price of the stock has increased by 0.28% since.

Aptiv Plc (APTV, Financial) reached the 52-week high of $97.34

Aptiv Plc primarily supplies components and systems that are used to build a vehicle's electrical system. The company also provides body controls, infotainment and connectivity systems for the automobile industry. Aptiv's Electrical/Electronic Architecture segment supplies components and systems that make up a vehicle's electrical system backbone, including wiring assemblies and harnesses, connectors, electrical centers and hybrid electrical systems. The Electronics and Safety, or E&S, segment provides body controls, infotainment and connectivity systems, passive and active safety electronics, autonomous driving technologies and displays, and advanced development of software for these systems. Aptiv's largest customer is GM at roughly 21% of revenue, including sales to GM's Shanghai joint venture. North America and Europe represent approximately 40% and 32% of total revenue, respectively.

The price of Aptiv Plc shares has reached $97.34, which is 1.4% off the 52-week high of $98.67. Aptiv Plc has a market cap of $25.77 billion; its shares were traded around $97.34 with a P/E ratio of 19.57 and P/S ratio of 2.12. The trailing 12-month dividend yield of Aptiv Plc stocks is 1.05%. The forward dividend yield of Aptiv Plc stocks is 0.90%. Aptiv Plc had an annual average earnings growth of 0.40% over the past five years.

Aptiv Plc recently reported first quarter 2018 U.S. GAAP earnings from continuing operations of $1.15 per diluted share. Excluding special items, first quarter earnings from continuing operations totaled $1.29 per diluted share. First quarter highlights include:

  • Revenue of $3.6 billion, up 8% adjusted for currency exchange, commodity movements, acquisitions and divestitures.
  • U.S. GAAP net income from continuing operations of $307 million, diluted earnings per share from continuing operations of $1.15.
  • U.S. GAAP operating income margin of 10.3%.
  • Adjusted Operating Income margin of 11.8%, up 60 basis points; Adjusted Operating Income of $427 million, up 21%.
  • Generated $186 million of cash from continuing operations.
  • Returned $208 million to shareholders through share repurchases and dividends.

Note: I do not own the stocks discussed.