5 Companies Hit 52-Week Highs

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

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Dec 18, 2018
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According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-week highs.

Red Hat Inc. (RHT, Financial) reached the 52-week high of $176.50

Red Hat Inc. is a software company operating business across the world. It is primarily engaged in providing services to its version of the open-source Linux software operating systems, middleware, storage, virtualization and management tools. Red Hat provides services for its version of the open-source (free from licensing costs) Linux software operating systems, middleware, storage, virtualization and management tools. The company reports revenue through two categories: subscriptions and training, and services. The Americas contributed 60% of total revenue in fiscal 2015; Europe, the Middle East and Africa contributed 25%; and Asia-Pacific contributed 15%.

The price of Red Hat Inc. shares has reached $176.50, which is 1.7% off the 52-week high of $179.49. Red Hat Inc. has a market cap of $31.2 billion; its shares were traded around $176.50 with a price-earnings ratio of 116.89 and price-sales ratio of 10.51. Red Hat Inc. had an annual average earnings growth of 15.60% over the past 10 years. GuruFocus rated Red Hat Inc. the business predictability rank of 4.5-star.

Red Hat Inc. recently announced financial results for the second quarter of fiscal year 2019 ended Aug. 31, 2018. Total revenue for the quarter was $823 million, up 14% in USD year-over-year, or 14% measured in constant currency. GAAP operating income for the quarter was $135 million GAAP net income for the quarter was $87 million, or 46 cents per diluted earnings per share, compared with GAAP net income of $97 million, or 53 cents diluted earnings per share, in the year-ago quarter. Operating cash flow was $133 million for the second quarter, down 7% on a year-over-year basis.

Procter & Gamble Co. (PG, Financial) reached the 52-week high of $96.64

Procter & Gamble Co. is a consumer goods company. The firm markets its products internationally through various channels, which include mass merchandisers, grocery stores, membership club stores, drug stores and department stores. Since its founding in 1837, Procter & Gamble has become the world's largest consumer product manufacturer. It operates with a lineup of leading brands, including 21 that generate more than $1 billion in annual global sales such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo,and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in 2012. Sales outside its home turf represent about 60% of the firm's consolidated total, with around one-third coming from emerging markets.

The price of Procter & Gamble Co. shares has reached $96.64, which is 0.3% off the 52-week high of $96.90. Procter & Gamble Co. has a market cap of $240.77 billion; its shares were traded around $96.64 with a price-earnings ratio of 25.23 and price-sales ratio of 3.81. The trailing 12-month dividend yield of Procter & Gamble Co. stocks is 2.94%. The forward dividend yield of Procter & Gamble Co. stocks is 2.97%. Procter & Gamble Co. had an annual average earnings growth of 1.0% over the past five years.

The Procter & Gamble Co. recently reported first quarter fiscal year 2019 net sales of $16.7 billion, in-line with the year-ago level. Excluding the impacts of foreign exchange, acquisitions and divestitures, organic sales increased 4%. Diluted net earnings per share were $1.22, an increase of 15% versus the prior year. Core earnings per share increased 3% to $1.12. Currency-neutral core earnings per share increased 11% versus the prior year. Operating cash flow was $3.6 billion for the quarter. Adjusted free cash flow productivity was 95%. The company returned $3.1 billion of cash to shareholders via $1.9 billion of dividend payments and nearly $1.3 billion of common stock repurchases.

Senior Officer Brenton Andrew Kristof bought 20,000 shares of Procter & Gamble stock on Dec. 3, 2018, at the price of $1.16 per share. Director Ewan Stewart Downie bought 15,000 shares of Procter & Gamble stock on Dec. 4, 2018, at the price of $1.51 per share.

American Water Works Co. Inc. (AWK, Financial) reached the 52-week high of $97.14

American Water Works Co. Inc. provides water and wastewater services to residential, commercial and industrial customers in the U.S. and Canada. Founded in 1886, American Water Works is the largest investor-owned U.S. water and wastewater utility, serving approximately 3.3 million customers. It provides water and wastewater services to residential, commercial, and industrial customers, and operates predominantly in regulated markets, which account for over 90% of earnings. Its non-regulated market-based businesses provide wastewater management operations for military bases, municipalities, oil and gas exploration and production companies, and other industrial customers.

The price of American Water Works Co. Inc. shares has reached $97.14, which is 1.1% off the 52-week high of $98.18. American Water Works Co. Inc. has a market cap of $17.54 billion; its shares were traded around $97.14 with a price-earnings ratio of 38.55 and price-sales ratio of 5.11. The trailing 12-month dividend yield of American Water Works Co. Inc. stocks is 1.83%. The forward dividend yield of American Water Works Co. Inc. stocks is 1.87%. American Water Works Co. Inc. had an annual average earnings growth of 20.60% over the past 10 years. GuruFocus rated American Water Works Co. Inc. the business predictability rank of 2.5-star.

American Water Works Company Inc. recently reported results for the quarter ended Sept. 30, 2018. Third quarter 2018 diluted earnings per share were $1.04, which included a 6 cents per diluted share benefit from the sale of the majority of the contracts in the Contract Services Group, compared to $1.13 in the same period of 2017. Third quarter 2018 adjusted diluted earnings per share were $1.20, an increase of 11.1%.

President and CEO Susan N. Story bought 96 shares of American Water Works stock on Nov. 27, 2018, at the price of $91.91 per share. The price of the stock has increased by 5.69% since.

Twenty-First Century Fox Inc. (FOX, Financial) reached the 52-week high of $48.77

Twenty-First Century Fox Inc. is a diversified media and entertainment company. It operates in various business segments namely Cable Network Programming, Television, Filmed Entertainment and Direct Broadcast Satellite Television. Twenty-First Century Fox is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-TV provider in Europe.

The price of Twenty-First Century Fox Inc. shares has reached $48.77, which is 1.8% off the 52-week high of $49.65. Twenty-First Century Fox Inc. has a market cap of $90.77 billion; its shares were traded around $48.77 with a price-earnings ratio of 18.63 and price-sales ratio of 2.97. The trailing 12-month dividend yield of Twenty-First Century Fox Inc. stocks is 0.74%. The forward dividend yield of Twenty-First Century Fox Inc. stocks is 0.74%.

Twenty-First Century Fox Inc. recently reported financial results for the full year ended June 30, 2018. The company reported annual income from continuing operations attributable to 21st Century Fox stockholders of $4.48 billion ($2.41 per share) compared to $3.0 billion ($1.61 per share) in the prior year. The company reported total annual revenues of $30.40 billion, an increase of $1.90 billion, or 7%, from the $28.50 billion of revenues reported in the prior year. Full year income from continuing operations before income tax benefit (expense) of $4.41 billion decreased $279 million from the $4.69 billion reported in the prior year.

Ten-percent Security Holder, Director, Senior Officer Stephen Dunbar Case, bought 21,000 shares of Twenty-First Century Fox stock on Dec. 5, 2018, at the price of 6 cents per share.

Rockwell Collins Inc. (COL, Financial) reached the 52-week high of $141.04

Rockwell Collins Inc. is an aviation and high-integrity solutions company serving commercial and military customers. It also provides information management services through voice and data communication networks and solutions worldwide. Rockwell Collins Inc. develops communications and aviation electronics for commercial and military customers worldwide. It employs over 20,000 people. Competencies include communications, navigation, automated flight control, displays, simulation and training, integrated electronics and information systems. The firm sells to governments, airlines and aircraft manufacturers, while providing aftermarket services for many of its products. The company recently closed its acquisition of B/E Aerospace, an aircraft seat and cabin manufacturer.

The price of Rockwell Collins Inc. shares has reached $141.04, which is 1.4% off the 52-week high of $142.98. Rockwell Collins Inc. has a market cap of $23.18 billion; its shares were traded around $141.04 with a price-earnings ratio of 22.68 and price-sales ratio of 2.70. The trailing 12-month dividend yield of Rockwell Collins Inc. stocks is 0.94%. The forward dividend yield of Rockwell Collins Inc. stocks is 0.94%. Rockwell Collins Inc. had an annual average earnings growth of 6.40% over the past 10 years. GuruFocus rated Rockwell Collins Inc. the business predictability rank of 3-star.

Rockwell Collins Inc. recently reported sales for the third quarter of fiscal year 2018 of $2.208 billion, a 5% increase from the same period in fiscal year 2017. Third quarter fiscal year 2018 earnings per share were $1.66 compared to $1.12 in the prior year's third quarter. Adjusted earnings per share for the third quarter of fiscal year 2018 was $1.73 compared to $1.64 in the prior year's third quarter.

Note: I do not own the stocks discussed.