5 Companies Hit 52-Week Highs

Recently, multiple companies have all managed to achieve yearly peaks

Author's Avatar
Jul 17, 2018
Article's Main Image

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

Simon Property Group Inc. (SPG, Financial) reached the 52-week high of $171.69

Simon Property Group Inc. is a real estate investment trust. It owns, develops and manages retail real estate properties including malls, outlets and community and lifestyle centers. Simon Property Group is the largest retail U.S. real estate investment trust, with distinct platforms for its upscale regional malls, premium outlet centers, and international properties, among others. Simon owns or has an interest in roughly 200 properties in the U.S. It has a 20% ownership interest in Klepierre, which owns shopping centers throughout Europe and interests in multiple other properties throughout North America, Asia and Europe.

The price of Simon Property Group Inc. shares has reached $171.69, which is 1.1% off the 52-week high of $173.63. Simon Property Group Inc. has a market cap of $53.17 billion; its shares were traded around $171.69 with a P/E ratio of 25.59 and P/S ratio of 9.55. The trailing 12-month dividend yield of Simon Property Group Inc. stocks is 4.40%. The forward dividend yield of Simon Property Group Inc. stocks is 4.54%. Simon Property Group Inc. had an annual average earnings growth of 4.20% over the past 10 years.

Simon recently reported results for the quarter ended March 31, 2018. Net income attributable to common stockholders was $620.7 million, or $2.00 per diluted share, as compared to $477.7 million, or $1.53 per diluted share, in the prior-year period. The first quarter 2018 results include net gains primarily related to disposition activity of $135.3 million, or 38 cents per diluted share. Year-over-year increase in quarterly common stock dividend was 11.4%.

Senior Vice President and Chief Accounting Officer Steven K. Broadwater sold 859 shares of Simon stock on June 29, 2018, at the price of $170.28 per share. The price of the stock has increased by 0.83% since.

IHS Markit Ltd. (INFO, Financial) reached the 52-week high of $52.27

IHS Markit Ltd. is a provider of data and analytics to corporate and sovereign clients across various industries. Its products include economic forecasting, cost modeling, risk assessments and scenario analysis, competitive benchmarking and consulting. Formed in a 2016 merger, IHS Markit is a leading provider of data and analytics to corporate and sovereign clients across a wide variety of industries. IHS Markit has approximately 13,000 employees worldwide. Over 80% of revenue comes from subscription charges.

The price of IHS Markit Ltd. shares has reached $52.27, which is 1.7% off the 52-week high of $53.16. IHS Markit Ltd. has a market cap of $20.49 billion; its shares were traded around $52.27 with a P/E ratio of 35.56 and P/S ratio of 5.66. IHS Markit Ltd. had an annual average earnings growth of 14.40% over the past 10 years. GuruFocus rated IHS Markit Ltd. the business predictability rank of 4.5-star.

IHS Markit recently reported results for the second quarter ended May 31, 2018. They included:

  • Revenue of $1.008 billion, including total revenue growth of 11% and total organic revenue growth of 8%.
  • Net income of $114 million and diluted earnings per share of 28 cents.
  • Adjusted Ebitda of $398 million and adjusted earnings per diluted share of 61 cents.
  • Cash flow from operations of $383 million and free cash flow of $323 million.

Executive Vice President and General Counsel Sari Beth Granat sold 24,900 shares of IHS Markit Ltd. stock on July 12, 2018, at the price of $53 per share. The price of the stock has decreased by 1.38% since.

Mastercard Inc. (MA, Financial) reached the 52-week high of $205.91

Mastercard Inc. is a technology company that generates revenue by charging fees to its customers based on both the dollar volume of card activity and the number of transactions processed through the network. Mastercard manages several payment brands and an "open loop" global payment network, which allows it to provide authorization, clearing and settlement of electronic payment transactions. Mastercard generates revenue by charging fees to its customers (issuers and acquirers) based on both the dollar volume of card activity and the number of transactions processed through the network.

The price of Mastercard Inc. shares has reached $205.91, which is 1.6% off the 52-week high of $209.19. Mastercard Inc. has a market cap of $214.96 billion; its shares were traded around $205.91 with a P/E ratio of 50.59 and P/S ratio of 16.44. The trailing 12-month dividend yield of Mastercard Inc. stocks is 0.47%. The forward dividend yield of Mastercard Inc. stocks is 0.49%. Mastercard Inc. had an annual average earnings growth of 14.20% over the past five years.

Mastercard Inc. recently announced financial results for the first quarter of 2018. Results included:

  • Record first-quarter net income of $1.5 billion, or $1.41 per diluted share.
  • Record first-quarter adjusted net income of $1.6 billion, or $1.50 per adjusted diluted share.
  • Â Record first-quarter net revenue of $3.6 billion, an increase of 31%.
  • Â Gross dollar volume up 14% and purchase volume up 15%.

EOG Resources Inc. (EOG, Financial) teached the 52-week high of $125.96

EOG Resources Inc. explores, develops, produces and markets crude oil and natural gas in the U.S., Trinidad and Tobago, U.K., China, Argentina and, from time to time, select other international areas. EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford and the Bakken. At the end of 2017, it reported net proved reserves of 2.5 billion barrels of oil equivalent. Net production averaged 609 thousand barrels of oil equivalent per day in 2017, at a ratio of 70% oil and natural gas liquids, and 30% natural gas.

The price of EOG Resources Inc. shares has reached $125.96, which is 1.6% off the 52-week high of $128.03. EOG Resources Inc. has a market cap of $72.91 billion; its shares were traded around $125.96 with a P/E ratio of 22.86 and P/S ratio of 5.56. The trailing 12-month dividend yield of EOG Resources Inc. stocks is 0.55%. The forward dividend yield of EOG Resources Inc. stocks is 0.59%.

EOG Resources Inc. recently reported first quarter 2018 net income of $638.6 million, or $1.10 per share. This compares to first quarter 2017 net income of $28.5 million, or 5 cents per share. Adjusted non-GAAP net income for the first quarter 2018 was $689.5 million, or $1.19 per share, compared to adjusted non-GAAP net income of $89.4 million, or 15 cents per share, for the same prior-year period.

Director Donald F. Textor sold 1,864 shares of EOG Resources stock on June 28, 2018, at the price of $122.88 per share. The price of the stock has increased by 2.51% since. President Gary L. Thomas sold 55,886 shares of EOG Resources stock on June 20, 2018, at the price of $118.27 per share. The price of the stock has increased by 6.5% since.

Fleetcor Technologies Inc. (FLT, Financial) reached the 52-week high of $220.23

Fleetcor Technologies Inc. provides fuel cards, commercial payment and data solutions, lodging and transportation management services, stored value solutions, and workforce payment products and services to businesses, retailers and commercial fleets. Fleetcor Technologies Inc. is a provider of specialised payment products. The company offers fleet cards, food cards, corporate lodging discount cards and other specialised payment services.Â

The price of Fleetcor Technologies Inc. shares has reached $220.23, which is 1.2% off the 52-week high of $222.92. Fleetcor Technologies Inc. has a market cap of $19.74 billion; its shares were traded around $220.23 with a P/E ratio of 25.94 and P/S ratio of 8.87. Fleetcor Technologies Inc. had an annual average earnings growth of 22% over the past five years.

Fleetcor Technologies Inc. recently reported financial results for its first quarter of 2018. Total revenues increased 12.5% to $585.5 million in the first quarter of 2018, compared to $520.4 million in the first quarter of 2017. Net income increased 41.4% to $174.9 million in the first quarter of 2018, compared to $123.7 million in the first quarter of 2017. Net income per diluted share increased 43.4% to $1.88 in the first quarter of 2018, compared to $1.31 per diluted share in the first quarter of 2017.

Note: I do not own the stocks discussed.