According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-week highs.
Bioverativ Inc. (BIVV, Financial) reached the 52-week high of $104.98
Bioverativ Inc. is a global biotechnology company which focuses on the discovery, research, development and commercialization of innovative therapies for the treatment of hemophilia and other blood disorders. Its products includes Eloctate and Alprolix. Bioverativ Inc. is a biotech focused on rare blood disorders and has two marketed hemophilia products: Eloctate (hemophilia A) and Alprolix (hemophilia B). Bioverativ spun off from Biogen in February 2017. Bioverativ's partner Swedish Orphan Biovitrum holds rights to these therapies and pipeline hemophilia therapies in many markets outside the U.S. Bioverativ is building a pipeline in rare blood-related disorders, such as TNT009 (part of the True North acquisition) in cold agglutinin disease and other hematology-focused drug candidates. Sanofi's pending acquisition of Bioverativ was announced in January 2018.
The price of Bioverativ Inc. shares has reached $104.98, which is 0.0% off the 52-week high of $105.01. Bioverativ Inc. has a market cap of $11.36 billion; its shares were traded around $104.98 with a P/E ratio of 32.01 and P/S ratio of 9.75.
Bioverativ Inc. recently reported financial results for the fourth quarter and full year of 2017. Key financial results include:
- Revenues of $328.7 million, up 28.3% year-over-year.
- Revenues increased $37.1 million over third quarter 2017, up 12.7%.
- GAAP net income of $141.3 million; Non-GAAP net income of $103.3 million.
- GAAP tax rate of 21.3%; Non-GAAP tax rate of 34.3%.
Costco Wholesale Corp. (COST, Financial) reached the 52-week high of $198.36
Costco Wholesale Corp. and its subsidiaries operate membership warehouses. The company offers its members low prices on a limited selection of nationally branded and select private-label products in merchandise categories. At the end of fiscal 2017, Costco operated 514 membership warehouse clubs in the U.S., 97 in Canada, 37 in Mexico, 28 in the U.K., 26 in Japan, 13 each in Taiwan and Korea, 9 in Australia, 2 in Spain, and 1 in Iceland and France. Costco is the third-largest retailer in the U.S., with nearly $140 billion in annual revenue. Base and executive memberships cost $60 and $120 per year, respectively. The company sells food, fuel, and general merchandise to its members, but derives most of its profits from membership fees.
The price of Costco Wholesale Corp. shares has reached $198.36, which is 1.7% off the 52-week high of $201.77. Costco Wholesale Corp. has a market cap of $87.04 billion; its shares were traded around $198.36 with a P/E ratio of 29.52 and P/S ratio of 0.64. The trailing 12-month dividend yield of Costco Wholesale Corp. stocks is 1.04%. The forward dividend yield of Costco Wholesale Corp. stocks is 1.15%. Costco Wholesale Corp. had an annual average earnings growth of 9.90% over the past 10 years. GuruFocus rated Costco Wholesale Corp. the business predictability rank of 4-star.
Costco Wholesale Corp. recently announced its operating results for the second quarter ended February 18, 2018. Net sales for the quarter increased 10.8 percent, to $32.28 billion from $29.13 billion last year. Net sales for the first 24 weeks of fiscal 2018 increased 12.0 percent, to $63.40 billion from $56.60 billion last year. Reported net income for the quarter was $701 million, or $1.59 per diluted share, compared to $515 million, or $1.17 per diluted share, last year. Earnings per share increased 17 cents due to a net income tax benefit of $74 million, as a result of the new tax laws. Excluding this benefit, net income grew 22%.
Director John W. Meisenbach sold 3,000 shares of Costco stock on May 1 at the price of $196.49 per share. The price of the stock has increased by 0.95% since.
Melco Resorts and Entertainment Ltd. (MLCO, Financial) reached the 52-week high of $32.46
Melco Resorts and Entertainment Ltd. is developer, owner and operator of casino gaming and entertainment resort facilities in Asia. Its segments are City of Dreams, Altira Macau, Studio City, Mocha Clubs, Corporate and Others, and City of Dreams Manila. Melco Resorts is one of only six companies with a licence to operate casinos in Macau, the only region in China with legalised gambling. It operates Altira, a complex focused on VIP customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium-end patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, a new casino in Cotai that opened in October 2015, and City of Dreams Manila, which opened in the Philippines in February 2015.
The price of Melco Resorts and Entertainment Ltd. share has reached $32.46, which is 1.5% off the 52-week high of $32.95. Melco Resorts And Entertainment Ltd. has a market cap of $16 billion; its shares were traded around $32.46 with a P/E ratio of 41.09 and P/S ratio of 3.01. The trailing 12-month dividend yield of Melco Resorts And Entertainment Ltd. stocks is 1.39%. The forward dividend yield of Melco Resorts And Entertainment Ltd. stocks is 1.66%. Melco Resorts And Entertainment Ltd. had an annual average earnings growth of 1.20% over the past 5 years.
Melco Resorts & Entertainment Limited recently reported its unaudited financial results for the first quarter of 2018. Net revenue for the first quarter of 2018 was US$1,313.1 million, representing an increase of approximately 3% from US$1.28 billion for the comparable period in 2017. Operating income for the first quarter of 2018 was US$221.1 million, compared with operating income of US$158.5 million in the first quarter of 2017, representing an increase of 40%. Net income attributable to Melco Resorts & Entertainment Limited for the first quarter of 2018 was US$156.6 million, or 32 cents per ADS, compared with US$113.4 million, or 23 cents per ADS, in the first quarter of 2017.
Canadian Pacific Railway Ltd. (CP, Financial) reached the 52-week high of $186.25
Canadian Pacific Railway Ltd. is engaged in rail transportation. It provides freight transportation services, logistics solutions, and supply chain expertise in Canada and the United States. Canadian Pacific Railway Ltd. is a CAD 6 billion railroad operating on 18,703 miles of track across most of Canada and in the Midwestern and Northeastern United States; it is the second-smallest Class I railroad by revenue and route miles. During 2016, CP hauled shipments of intermodal containers (22% of freight revenue), chemicals, plastics, and crude oil (14%), grain (24%), coal (10%), fertilizer and potash (10%), automotive products (6%) and a diverse mix of other merchandise.
The price of Canadian Pacific Railway Ltd. shares has reached $186.25, which is 1.4% off the 52-week high of $188.80. Canadian Pacific Railway Ltd. has a market cap of $26.47 billion; its shares were traded around $186.25 with a P/E ratio of 15.17 and P/S ratio of 5.32. The trailing 12-month dividend yield of Canadian Pacific Railway Ltd. stocks is 0.96%. The forward dividend yield of Canadian Pacific Railway Ltd. stocks is 1.08%. Canadian Pacific Railway Ltd. had an annual average earnings growth of 11.30% over the past 10 years.
Canadian Pacific Railway Limited recently announced first-quarter reported diluted earnings per share of $2.41, or $2.70 on an adjusted diluted EPS basis. First quarter highlights include:
- Revenue increased by 4 percent to $1.66 billion from $1.60 billion
- Reported diluted earnings per share $2.41, an 18% decrease from $2.93, and adjusted diluted earnings per share was $2.70, an 8% increase from $2.50 last year
- Operating ratio was 67.5%, an increase of 510 basis points and 190 basis points compared to last year's operating ratio and adjusted operating ratio, respectively.
Celanese Corp. (CE, Financial) reached the 52-week high of $114.43
Celanese Corp. is a chemical producer. Its focus is to produce industrial specialties and acetyl which are used in various end markets including coatings and adhesives. It also produces cellulose derivatives. Celanese is one of the world's largest producers of chemicals in the acetyl chain, which are used in various end markets, including coatings and adhesives. The company also produces cellulose derivatives used in cigarette filters and specialty polymers used in the automotive, medical, and consumer end markets.
The price of Celanese Corp. shares has reached $114.43, which is 1.7% off the 52-week high of $116.34. Celanese Corp. has a market cap of $15.55 billion; its shares were traded around $114.43 with a P/E ratio of 15.34 and P/S ratio of 2.41. The trailing 12-month dividend yield of Celanese Corp. stocks is 1.68%. The forward dividend yield of Celanese Corp. stocks is 1.89%. Celanese Corp. had an annual average earnings growth of 6.20% over the past 10 years.
Celanese Corp. recently reported first quarter 2018 GAAP diluted earnings per share of $2.68, its second highest ever, and record adjusted earnings per share of $2.79. Net sales in the quarter expanded 26 percent year over year to $1.9 billion.
Note: I do not own the stocks discussed.
