5 Companies Reach Yearly Highs

Recently, 5 companies have managed to achieve 52-week highs

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Jun 18, 2019
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According to GuruFocus' list of 52-week highs, these guru stocks have reached their 52-week highs.

Equinix Inc. (EQIX, Financial) reached the 52-week high of $509.92

Founded in 1998, Equinix is the world's largest network-neutral provider of retail data center co-location and interconnection services. Its customers include network services firms, cloud and IT service providers, financial service firms, digital and media content providers, and other enterprise clients. The firm relies on its network of over 145 data centers in 15 countries on five continents to serve over 9,000 customers, including more than 1,000 network services providers. The firm transitioned into a REIT in 2015.

The price of Equinix Inc. shares has reached $509.92, which is 0.6% off the 52-week high of $512.94. Equinix Inc. has a market cap of $42.87 billion; its shares were traded around $509.92 with a price-earnings ratio of 98.06 and price-sales ratio of 7.89. The trailing 12-month dividend yield of Equinix Inc. is 1.86%. The forward dividend yield of Equinix Inc. is 1.93%. Equinix Inc. had an annual average earnings growth of 13.70% over the past 10 years. GuruFocus rated Equinix Inc. the business predictability rank of 3.5-star.

The company recently reported first-quarter 2019 results, which included:

-Revenues were $1.363 billion, a 4% increase over the previous quarter.

-Operating income was $280 million, a 3% increase over the previous quarter, with an operating margin of 21%.

-Adjusted Ebitda was $660 million, with a 48% adjusted Ebitda margin, which was a 7% increase over the previous quarter.

Chief Sales Officer Michael Earl Campbell sold 1,250 shares of Equinix stock on May 20, 2019, at the price of $490.87 per share. The price of the stock has increased by 3.88% since.

Brookfield Infrastructure Partners LP (BIP, Financial) reached the 52-week high of $42.55

Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's operations consist of utility, transport and energy businesses, and freehold timberlands in North and South America, Australasia and Europe.

The price of Brookfield Infrastructure Partners LP shares has reached $42.55, which is 1.7% off the 52-week high of $43.27. Brookfield Infrastructure Partners LP has a market cap of $11.97 billion; its shares were traded around $42.55 with a price-earnings ratio of 356.44 and price-sales ratio of 2.28. The trailing 12-month dividend yield of Brookfield Infrastructure Partners LP is 4.57%. The forward dividend yield of Brookfield Infrastructure Partners LP is 4.72%. Brookfield Infrastructure Partners LP had an annual average earnings growth of 26.20% over the past 10 years. GuruFocus rated Brookfield Infrastructure Partners LP the business predictability rank of 3.5-star.

Brookfield Infrastructure recently reported net income for the first quarter 2019 of $30 million (loss of 5 cents per unit) compared to net income of $209 million (42 cents per unit) in the prior year. The utilities segment contributed FFO of $137 million, compared to $169 million in the prior year. FFO from its transport segment was $139 million for the quarter, in-line with prior year results. The energy segment contributed FFO of $107 million, which represents a 62% improvement from the prior year.

Worldpay Inc. (WP, Financial) reached the 52-week high of $123.16

Worldpay is one of the largest merchant acquirers in the world, allowing businesses to accept payments across numerous payment card brands. The company's activities span multiple channels, from the physical point-of-sale to online. Worldpay maintains its own direct salesforce and works with third-party resellers to distribute its offerings. Worldpay also provides outsourced payment processing to small to midsize banks.

The price of Worldpay Inc. shares has reached $123.16, which is 1.1% off the 52-week high of $124.55. Worldpay Inc. has a market cap of $38.34 billion; its shares were traded around $123.16 with a price-earnings ratio of 256.54 and price-sales ratio of 9.32. Worldpay Inc. had an annual average earnings growth of 16.10% over the past five years.

Worldpay Inc. recently announced financial results for the first quarter ended March 31, 2019. Revenue increased 14% in the first quarter to $970.0 million as compared to $850.7 million in the prior-year period. On a GAAP basis, net income per diluted share attributable to Worldpay Inc.increased to 12 cents as compared to a net loss of 36 cents in the prior-year period. Adjusted net income per share increased to 94 cents as compared to 81 cents in the prior-year period.

Colgate-Palmolive Co. (CL, Financial) reached the 52-week high of $73.35

Since its founding back in 1806, Colgate-Palmolive is now one of the world's largest consumer product companies. In addition to its namesake oral care line, the firm manufactures shampoos, shower gels, deodorants and home care products that are sold in over 200 countries around the world (international sales account for about 75% of its consolidated total, including approximately 50% from emerging regions). It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.

The price of Colgate-Palmolive Co. shares has reached $73.35, which is 1.1% off the 52-week high of $74.14. Colgate-Palmolive Co. has a market cap of $62.97 billion; its shares were traded around $73.35 with a price-earnings ratio of 27.37 and price-sales ratio of 4.13. The trailing 12-month dividend yield of Colgate-Palmolive Co. is 2.30%. The forward dividend yield of Colgate-Palmolive Co. is 2.34%. Colgate-Palmolive Co. had an annual average earnings growth of 2.9% over the past 10 years.

Colgate-Palmolive Co. (CL, Financial) recently reported worldwide net sales of $3.88 billion in first quarter 2019, a decrease of 3.0% versus first quarter 2018. Net income was $560 million, and diluted earnings per share were 65 cents, compared to net income of $634 million and diluted earnings per share of 72 cents a year prior.

Executive Chairman Ian M. Cook sold 19,500 shares of Colgate-Palmolive stock on May 29, 2019, at the price of $69.92 per share. The price of the stock has increased by 4.91% since.

Charter Communications Inc. (CHTR, Financial) reached the 52-week high of $394.67

Charter Communications Inc. is the fourth-largest cable company in the U.S. The firm provides television, internet access and telephone services to 5.5 million subscribers in 29 states. Charter was founded in 1999 through a series of small cable system acquisitions. Charter Communications, the firm that is publicly traded, owns nearly 50% of Charter Communications Holding Co., which owns the cable assets.

The price of Charter Communications Inc. shares has reached $394.67, which is 0.8% off the 52-week high of $397.68. Charter Communications Inc. has a market cap of $88.17 billion; its shares were traded around $394.67 with a price-earnings ratio of 69.70 and price-sales ratio of 2.08. Charter Communications Inc. had an annual average earnings growth of 17.90% over the past five years.

Charter Communications Inc. recently reported financial and operating results for the three months ended March 31, 2019. Highlights include:

-First-quarter revenues of $11.2 billion grew 5.1% compared to the prior-year period.

-First quarter adjusted Ebitda of $4.1 billion grew 4.2% year-over-year, while cable adjusted Ebitda of $4.2 billion grew 7.0%.

-Net income attributable to Charter shareholders totaled $253 million in the first quarter, compared to $168 million during the same period last year.

Note: I do not own the stocks discussed.

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