5 Companies Hit 52-Week Highs

As of late, multiple companies have managed to achieve yearly highs

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Sep 05, 2018
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According to GuruFocus list of 52-week highs, these guru stocks have reached their 52-week highs.

Waste Connections Inc. (WCN, Financial) Reached the 52-Week High of $79.39

Waste Connections Inc. is a solid waste services company in North America. The company provides waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets in the U.S. and Canada. Waste Connections handles collection and disposal of municipal solid waste in secondary markets across the U.S. In addition, the company owns intermodal facilities that operate waste-by-rail fleets to serve franchise markets in the Pacific Northwest.Â

The price of Waste Connections Inc. shares has reached $79.39, which is 1.0% off the 52-week high of $80.18. Waste Connections Inc. has a market cap of $20.9 billion; its shares were traded around $79.39 with a P/E ratio of 30.55 and P/S ratio of 4.52. The trailing 12-month dividend yield of Waste Connections Inc. stocks is 0.71%. The forward dividend yield of Waste Connections Inc. stocks is 0.71%. Waste Connections Inc. had an annual average earnings growth of 6.40% over the past 10 years.

Waste Connections Inc. recently announced its results for the second quarter of 2018. Revenue in the second quarter totaled $1.240 billion, up from $1.176 billion in the year ago period. Operating income was $210.7 million compared to $206.9 million in the year ago period. Net income attributable to Waste Connections in the second quarter was $138.7 million, or 52 cents per share on a diluted basis of 264.3 million shares. In the year ago period, the company reported net income attributable to Waste Connections of $123.7 million, or 47 cents per share on a diluted basis of 264.1 million shares.

Senior Vice President and Chief Acting Officer David Eddie sold 20,000 shares of WCN stock on Aug. 17, 2018, at the price of $80.06 per share. The price of the stock has decreased by 0.84% since. Senior Officer David G. Eddie sold 20,000 shares of WCN stock on Aug. 17, 2018 at the price of $80.06 per share. The price of the stock has decreased by 0.84% since.

Target Corp. (TGT, Financial) reached the 52-week high of $87.50

Target Corp. is one of the largest department store retailer in North America. It is engaged in operating general merchandise discount stores. Target is one of the largest retailers in North America, with about 1,800 units across the U.S. Its large-format stores offer general merchandise and an assortment of food products. Target sells roughly approximately 33% of general merchandise under private label. The firm has an expanding Internet sales presence and issues its own consumer credit card, REDcard, which gives customers a approximately 5% discount on all Target purchases for retaining the card.

The prices of Target Corp. shares has reached $87.50, which is 1.6% off the 52-week high of $88.89. Target Corp. has a market cap of $46.06 billion; its shares were traded around $87.50 with a P/E ratio of 15.32 and P/S ratio of 0.64. The trailing 12-month dividend yield of Target Corp. stocks is 2.86%. The forward dividend yield of Target Corp. stocks is 2.93%. Target Corp. had an annual average earnings growth of 4.20% over the past 10 years. GuruFocus rated Target Corp. the business predictability rank of 3-star.

Target Corp. recently announced its second quarter 2018 financial performance, including comparable sales growth of 6.5% and traffic growth of 6.4%. The company reported GAAP earnings per share from continuing operations of $1.49 in second quarter 2018, up 22.7% from $1.21 in second quarter 2017. Second quarter adjusted earnings per share were $1.47, up 19.8% from $1.22 in second quarter 2017. Total revenue of $17.8 billion increased 6.9% from $16.6 billion last year, reflecting sales growth of 7.0% and growth in other revenue of 0.2%.

Ansys Inc. (ANSS, Financial) reached the 52-week high of $185.98

Ansys Inc. operates in the software industry. It develops and markets engineering software and services catering to engineers, designers, researchers and students across a broad spectrum of industries and academia. Founded in 1970, Ansys is an engineering simulation software company that enables its customers to test products by simulating multiple concepts before the manufacturing or design process is complete. Ansys' software makes it easy for companies to develop products better, faster, and less expensively. Ansys serves over 40,000 customers, and its software can be found in industries such as aerospace and defense, automotive, energy, healthcare, electronics, consumer goods and many more. Around 75% of the company's revenue is recurring.

The price of Ansys Inc. shares has reached $185.98, which is 0.6% off the 52-week high of $187.12. Ansys Inc. has a market cap of $15.68 billion; its shares were traded around $185.98 with a P/E ratio of 52.99 and P/S ratio of 13.77. Ansys Inc. had an annual average earnings growth of 9.60% over the past 10 years. GuruFocus rated Ansys Inc. the business predictability rank of 4-star.

Ansys Inc. recently reported second quarter 2018 GAAP and non-GAAP revenue growth of 11% and 13%, respectively, or 9% and 10%, respectively, in constant currency. Highlights include:

  • GAAP revenue of $305.9 million and non-GAAP revenue of $308.9 million.
  • GAAP diluted earnings per share of $1.08 and non-GAAP diluted earnings per share of $1.35.
  • GAAP operating profit margin of 35.5% and non-GAAP operating profit margin of 47.3%.

Director Alec D. Gallimore sold 276 shares of Ansys stock on Aug. 22, 2018, at the price of $173.76 per share. The price of the stock has increased by 7.03% since. Director James E. Cashman III sold 30,000 shares of Ansys stock on Aug. 13, 2018, at the price of $171.39 per share. The price of the stock has increased by 8.51% since.

WellCare Health Plans Inc. (WCG, Financial) reached the 52-week high of $302.57

WellCare Health Plans Inc. operates in the health care industry. Its key business includes provision of health care plans and prescription drug plans to families, children and individuals. WellCare Health Plans Inc. is a managed care organization focused on government-sponsored managed care services, including Medicare and Medicaid. WellCare's membership is concentrated in Florida, Georgia, Kentucky, New York and Illinois. Its key segments are Medicaid health plans, Medicare health plans, and Medicare prescription drug plans. Medicaid health plans represent the largest proportion of both total membership and premium revenue.Â

The price of WellCare Health Plans Inc. shares has reached $302.57, which is 1.1% off the 52-week high of $305.75. WellCare Health Plans Inc. has a market cap of $15.12 billion; its shares were traded around $302.57 with a P/E ratio of 28.12 and P/S ratio of 0.76. WellCare Health Plans Inc. had an annual average earnings growth of 18.10% over the past five years.

WellCare Health Plans Inc. recently reported results for the quarter ended June 30, 2018. As determined under generally accepted accounting principles net income for the second quarter of 2018 was $151.6 million, or $3.35 per diluted share. Adjusted net income for the second quarter of 2018 was $166.9 million, or $3.69 per diluted share.

Lowe's Companies Inc. (LOW, Financial) reached the 52-week high of $108.75

Lowe's Companies Inc. is a home-improvement products dealer. The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling. Lowe's is the second- largest home-improvement retailer in the world and operates more than 2,100 stores throughout the U.S., Canada and Mexico. The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling. Lowe's targets retail do-it-yourself and do-it-for-me customers as well as commercial business clients. We estimate that Lowe's captures around 12% share of the domestic home-improvement market, based on U.S. census estimates for market size.

The price of Lowe's Companies Inc. shares has reached $108.75, which is 1.0% off the 52-week high of $109.80. Lowe's Companies Inc. has a market cap of $88.2 billion; its shares were traded around $108.75 with a P/E ratio of 22.80 and P/S ratio of 1.27. The trailing 12-month dividend yield of Lowe's Companies Inc. stocks is 1.57%. The forward dividend yield of Lowe's Companies Inc. stocks is 1.77%. Lowe's Companies Inc. had an annual average earnings growth of 10.50% over the past 10 years. GuruFocus rated Lowe's Companies Inc. the business predictability rank of 2.5-star.

Lowe’s Companies Inc. recently reported net earnings of $1.5 billion and diluted earnings per share of $1.86 for the quarter ended Aug. 3, 2018, which included non-cash pre-tax charges of $230 million, compared to net earnings of $1.4 billion and diluted earnings per share of $1.68 in the second quarter of 2017. Sales for the second quarter increased 7.1% to $20.9 billion over the second quarter of 2017, and comparable sales increased 5.2%.

Director Lisa W. Wardell bought 273 shares of Lowe’s stock on Aug. 24, 2018, at the price of $107.72 per share. The price of the stock has increased by 0.96% since.

Note: I do not own these stocks.