5 Companies Hit 52-Week Highs

As of late, five companies have managed to reach yearly highs

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Mar 06, 2019
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According to GuruFocus list of 52-week highs, these guru stocks have reached their 52-week highs.

VeriSign Inc. (VRSN, Financial) reached the 52-week high of $180.50

VeriSign Inc. is a part of the internet content industry. It provides domain name registry and internet security for websites and enterprises around the world. VeriSign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. Additionally, the company operates two of the world's 13 root servers that are used to route internet traffic and also provides DNS security solutions to detect malware and thwart DDoS attacks to maintain web uptime. VeriSign generated 61% of its 2014 sales from the U.S., while the remainder was split among EMEA (18%), Asia-Pacific (13%) and other countries (8%).

The price of VeriSign Inc. shares has reached $180.50, which is 0.2% off the 52-week high of $180.79. Verisign Inc. has a market cap of $21.61 billion; its shares were traded around $180.50 with a price-earnings ratio of 37.92 and price-sales ratio of 18.21. Verisign Inc. had an annual average earnings growth of 21.70% over the past 10 years. GuruFocus rated Verisign Inc. the business predictability rank of 3.5-star.

VeriSign Inc. and subsidiaries recently reported revenue of $307 million for the fourth quarter of 2018, up 4.0% from the same quarter in 2017. Verisign reported net income of $182 million and diluted earnings per share of $1.50 for the fourth quarter of 2018, compared to net income of $103 million and diluted earning per share of 83 cents for the same quarter in 2017. The operating margin was 63.1% for the fourth quarter of 2018 compared to 59.7% for the same quarter in 2017.

Director Timothy Tomlinson sold 580 shares of VeriSign stock on Feb. 19, 2019, at the price of $175.12 per share. The price of the stock has increased by 3.07% since.

Aon PLC (AON, Financial) reached the 52-week high of $171.65

Aon PLC acts as a provider of risk management services, insurance and reinsurance brokerage, human resource consulting and outsourcing solutions. The commercial risk solutions generate maximum revenue. Aon is a leading global provider of insurance and reinsurance brokerage and human resource solutions. Its operations are tilted toward its brokerage operations, which account for 67% of revenue. Headquartered in London, Aon has 59,000 employees and operations in 120 countries around the world.

The price of Aon PLC shares has reached $171.65, which is 1.1% off the 52-week high of $173.53. Aon PLC has a market cap of $41.2 billion; its shares were traded around $171.65 with a price-earnings ratio of 37.64 and price-sales ratio of 3.94. The trailing 12-month dividend yield of Aon PLC stocks is 0.93%. The forward dividend yield of Aon PLC stocks is 0.93%. Aon PLC had an annual average earnings growth of 7.60% over the past 10 years.

The company recently reported that net income from continuing operations attributable to Aon shareholders in the fourth quarter 2018 was $276 million, or $1.13 per share, compared to $10 million, or 4 cents per share, in the prior-year period. Total revenue in the fourth quarter decreased $139 million, or 5%, to $2.8 billion on a reported basis compared to the prior-year period. Total operating expenses in the fourth quarter decreased 2% to $2.3 billion on a reported basis compared to the prior-year period.

Chief Financial Officer Christa Davies sold 58,152 shares of Aon PLC stock on Feb. 15, 2019, at the price of $170.90 per share. The price of the stock has increased by 0.44% since.

Motorola Solutions Inc. (MSI, Financial) reached the 52-week high of $143.61

Motorola Solutions Inc. is a communications equipment manufacturer. It provides communications infrastructure, devices such as two-way portable radios and an array of communications network management and support services. Motorola Solutions is a global communications equipment manufacturer, creating devices such as two-way portable radios, boasting an array of communications network management and offering support services. The company operates through two segments: products and services. The products segment is composed of radios, batteries, base stations, consoles and repeaters primarily utilized by first responders through government contracts, although the company has a smaller commercial segment. The services business is composed of integration services, such as infrastructure implementation and software offerings, such as 911 command center products.

The price of Motorola Solutions Inc. shares has reached $143.61, which is 0.7% off the 52-week high of $144.57. Motorola Solutions Inc. has a market cap of $23.53 billion; its shares were traded around $143.61 with a price-earnings ratio of 25.55 and price-sales ratio of 3.37. The trailing 12-month dividend yield of Motorola Solutions Inc. stocks is 1.48%. The forward dividend yield of Motorola Solutions Inc. stocks is 1.59%.

Motorola Solutions Inc. recently reported its earnings results for the fourth-quarter and full-year 2018. Highlights include:

-Revenue of $2.3 billion, up 15% from the fourth quarter in the prior year; up 15% for full year.

-Operating cash flow of $812 million, up $51 million from the fourth quarter in the prior year.

-GAAP earnings loss per share of $2.44, up from $3.56; $5.62 for full year, up from 95 cents.

-Non-GAAP earnings per share of $2.63, up 25%; $7.15 for full year, up 31%.

Executive Vice President, Products and Sales John P. Molloy sold 79,995 shares of Motorola Solutions stock on Feb. 21, 2019 at the average price of $139.42. The price of the stock has increased by 3.01% since.

Varian Medical Systems Inc. (VAR, Financial) reached the 52-week high of $136.72

Varian Medical Systems Inc. is engaged in the health care sector. It manufactures medical devices for conditions with radiotherapy, radiosurgery, proton therapy and brachytherapy. Varian Medical Systems designs, manufactures and sells radiation technology for use in two business segments: oncology systems and proton therapy. The Americas account for the largest portion of revenue (51%), followed by Europe, the Middle East and Africa (29%) and Asia-Pacific (20%).

The price of Varian Medical Systems Inc. shares has reached $136.72, which is 0.7% off the 52-week high of $137.67. Varian Medical Systems Inc. has a market cap of $12.41 billion; its shares were traded around $136.72 with a price-earnings ratio of 34.53 and price-sales ratio of 4.23. Varian Medical Systems Inc. had an annual average earnings growth of 3.90% over the past 10 years.

The company recently reported that total revenues grew 9% in dollars, or 10% in constant currency, to $741 million. GAAP operating earnings grew 11% at 18.2% of revenues; non-GAAP operating earnings declined 5% at 16.2% of revenues. GAAP net earnings per diluted share of $1.12; Non-GAAP net earnings per diluted share of $1.06

Executive Vice President and President of Oncology Systems Kolleen T. Kennedy sold 6,517 shares of Varian Medical Systems stock on Feb. 8, 2019, at the price of $130.10 per share. The price of the stock has increased by 5.09% since.

Starbucks Corp. (SBUX, Financial) reached the 52-week high of $70.85

Starbucks Corp. is the largest roaster, marketer and retailer of specialty coffee in the world, operating globally. It sells a variety of coffee and tea products. It sells goods and services under brands including Teavana, Tazo and Seattle's Best Coffee. Through a global chain of 28,000 company-owned and licensed stores, Starbucks sells coffee, espresso, teas, cold blended beverages, food and accessories. The company also distributes packaged and single-serve coffee, tea, juice and pastries through its own stores, grocery-store chains and warehouse clubs under the Starbucks, Teavana, Evolution Fresh, Princi and Seattle's Best Coffee brands. In addition, Starbucks markets bottled beverages, ice creams and liqueurs through various partnerships.

The price of Starbucks Corp. shares has reached $70.85, which is 1.7% off the 52-week high of $72.07. Starbucks Corp. has a market cap of $88.11 billion; its shares were traded around $70.85 with a price-earnings ratio of 31.35 and price-sales ratio of 3.77. The trailing 12-month dividend yield of Starbucks Corp. stocks is 1.95%. The forward dividend yield of Starbucks Corp. stocks is 2.03%. Starbucks Corp. had an annual average earnings growth of 19.70% over the past 10 years.

Starbucks Corp. recently reported financial results for its 13-week fiscal first quarter ended Dec. 30, 2018. Highlights include:

-Consolidated net revenues of $6.6 billion grew 9% over the prior year.

-GAAP operating margin declined 310 basis points year-over-year to 15.3%.

-GAAP earnings per share of 61 cents, down 61% over the prior year.

Executive Vice President, Public Affairs Vivek C. Varma sold 50,470 shares of Starbucks stock on Feb. 8, 2019, at the price of $69.39 per share. The price of the stock has increased by 2.1% since.

Note: I do not own the stocks discussed.