5 Companies Hit 52-Week Highs

Recently, multiple companies have managed to achieve yearly highs

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Oct 30, 2018
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According to GuruFocus list of 52-week highs, these guru stocks have reached their 52-Week Highs.

Realty Income Corp. (O, Financial) reached the 52-week high of $59.73

Realty Income Corp. owns, manages and leases over 5,000 properties across U.S. and Puerto Rico. It operates a diversified portfolio of properties that includes commercial, manufacturing and distribution facilities. Realty Income owns roughly 5,000 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico, and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, office, manufacturing and distribution properties, which make up roughly 20% of revenue.

The price of Realty Income Corp. shares has reached $59.73, which is 1.4% off the 52-week high of $60.54. Realty Income Corp. has a market cap of $17.32 billion; its shares were traded around $59.73 with a P/E ratio of 51.49 and P/S ratio of 13.32. The trailing 12-month dividend yield of Realty Income Corp. stocks is 4.38%. The forward dividend yield of Realty Income Corp. stocks is 4.43%. Realty Income Corp. had an annual average earnings growth of 4.40% over the past 10 years. GuruFocus rated Realty Income Corp. the business predictability rank of 4-star.

Realty Income Corp. recently announced operating results for the second quarter ended June 30, 2018. Revenue for the quarter ended June 30, 2018, increased 9.6% to $328.9 million, as compared to $300.2 million for the same quarter in 2017. Net income available to common stockholders was $96.4 million, as compared to $81.1 million. Net income per share for the quarter was 34 cents, as compared to 30 cents.

Tractor Supply Co. (TSCO, Financial) reached the 52-Week high of $90.84

Tractor Supply Co. is an operator of rural lifestyle retail stores in the U.S. It is engaged in supplying the needs of recreational farmers and ranchers as well as tradesmen and small businesses. Tractor Supply is the largest operator of retail farm and ranch stores in the U.S. The company targets recreational farmers and ranchers, and has little exposure to commercial and industrial farm operations. Currently, the company operates nearly 1,700 stores in 49 states and 168 Petsense stores. Stores are typically located in towns outside of urban areas and in rural communities. 2017 revenue consisted primarily of livestock and pet (46%); hardware, tools and truck (22%); and seasonal gift and toy (19%).

The price of Tractor Supply Co. shares has reached $90.84, which is 1.8% off the 52-week high of $92.45. Tractor Supply Co. has a market cap of $10.85 billion; its shares were traded around $90.84 with a P/E ratio of 23.59 and P/S ratio of 1.46. The trailing 12-month dividend yield of Tractor Supply Co. stocks is 1.28%. The forward dividend yield of Tractor Supply Co. stocks is 1.37%. Tractor Supply Co. had an annual average earnings growth of 19.80% over the past 10 years. GuruFocus rated Tractor Supply Co. the business predictability rank of 4.5-star.

Tractor Supply Co. recently announced financial results for its third quarter ended Sept. 29, 2018. Net sales for the third quarter 2018 increased 9.3% to $1.88 billion from $1.72 billion in the third quarter of 2017. Gross profit increased 8.8% to $653.1 million from $600.5 million, and gross margin decreased 16 basis points to 34.7% from 34.9%. Net income increased 27.1% to $116.8 million from $91.9 million and diluted earnings per share increased 31.9% to 95 cents from 72 cents.

Anthem Inc. (ANTX, Financial) reached the 52-Week high of $56.86

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 $56.86, which is -5.0% off the 52-week high of $54.01. Anthem Inc. has a market cap of $51.94 billion; its shares were traded around $56.86 with a P/E ratio of 16.18 and P/S ratio of 0.78. The trailing 12-month dividend yield of Anthem Inc. stocks is 4.62%. The forward dividend yield of Anthem Inc. stocks is 4.62%. 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 second quarter 2018 financial results. Operating revenue was $22.7 billion in the second quarter of 2018 compared to $22.2 billion in the prior year quarter. Net income was $1.1 billion, growth of 23% over the prior year quarter. Adjusted net income of $4.25 per share grew by 26% year-over-year. The company paid a quarterly dividend of 75 cents per share during the second quarter, representing a distribution of cash totaling $196 million.

Syngenta AG (SYT, Financial) reached the 52-week high of $92.90

Syngenta AG is involved in the discovery, development, manufacturing and marketing of products designed to improve crop yields and food quality. The company is also engaged in the lawn and garden business. Formed in 2000 from spin-offs of Novartis' crop-protection and seeds business and AstraZeneca's agrochemical business, Syngenta is a global producer of crop chemicals and seeds. The Swiss company is a leading manufacturer of crop-protection products, making multiple herbicides, insecticides and fungicides used on a wide variety of crops. Syngenta's seeds business trails rivals, but the company is investing heavily in research and development in an effort to close the technology gap in genetically modified seeds.

The price of Syngenta AG shares has reached $92.90, which is 0.8% off the 52-week high of $93.61. Syngenta AG has a market cap of $42.7 billion; its shares were traded around $92.90 with a P/E ratio of 41.37 and P/S ratio of 3.35.

The company has recently reported results for the first half of 2018. It reported sales of $7.25 billion, which were up 5%, or 2% at constant exchange rates versus first half 2017. Ebitda was 1% higher than 2017, up 8% excluding divestments. Net income was $1.229 billion, which is an increase over $928 million in the first half of 2017.

American Tower Corp. (AMT, Financial) reached the 52-week high of $152.82

American Tower Corp. is a real estate investment trust and an owner, operator and developer of multitenant communications real estate. The company leases the space of communications sites to wireless service providers and wireless data providers. American Tower owns and leases roughly 150,000 cell towers throughout the U.S., Asia, Latin America, Europe and the Middle East. It leases space on its towers to wireless service providers, who install equipment on the towers to support their wireless networks.

The price of American Tower Corp. shares has reached $152.82, which is 1.6% off the 52-week high of $155.28. American Tower Corp. has a market cap of $67.37 billion; its shares were traded around $152.82 with a P/E ratio of 60.63 and P/S ratio of 9.66. The trailing 12-month dividend yield of American Tower Corp. stocks is 1.96%. The forward dividend yield of American Tower Corp. stocks is 2.11%. American Tower Corp. had an annual average earnings growth of 15.50% over the past 10 years. GuruFocus rated American Tower Corp. the business predictability rank of 5-star.

American Tower Corp. recently reported financial results for the quarter ended June 30, 2018. Highlights include:

  • Total revenue increased 7.1% to $1.781 billion.
  • Property revenue increased 6.8% to $1.749 billion.
  • Net income decreased 19.1% to $314 million.
  • Adjusted Ebitda increased 6.2% to $1.084 billion.

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Note: I do not own the stocks discussed.