5 Companies Hit 52-Week Highs

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

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Jul 02, 2019
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According to GuruFocus list of 52-week highs, these guru stocks have reached their 52-week highs.

TC Energy Corp. (TRP, Financial) reached the 52-week high of $49.52

TransCanada operates as an energy infrastructure company, consisting of pipeline and power generation assets in Canada, the U.S. and Mexico. TransCanada's pipeline network consists of over 67,000 km (41,900 miles) of natural gas pipeline, along with the Keystone Pipeline system. The company also owns or has interests in 20 power-generation facilities, with a capacity of 13,100 megawatts.

The price of TC Energy Corp. shares has reached $49.52, which is 1.9% off the 52-week high of $50.47. TC Energy Corp. has a market cap of $45.96 billion; its shares were traded around $49.52 with a price-earnings ratio of 15.53 and price-sales ratio of 4.30. The trailing 12-month dividend yield of TC Energy Corp. is 4.40%. The forward dividend yield of TC Energy Corp. is 4.62%. TC Energy Corp. had an annual average earnings growth of 1.00% over the past 10 years.

TransCanada Corp. recently announced net income attributable to common shares for first quarter 2019 of $1.004 billion or $1.09 per share compared to net income of $734 million or 83 cents per share for the same period in 2018. Comparable earnings for first quarter 2019 were $987 million or $1.07 per common share compared to $864 million or 98 cents per common share for the same period in 2018.

Live Nation Entertainment Inc. (LYV, Financial) reached the 52-week high of $66.25

Live Nation is the largest event exhibitor in the world. The company held more than 28,000 events in 18 countries in 2007 and generated more than $4 billion in revenue. Live Nation owns, operates or owns booking rights to more than 155 venues and hosts events ranging from live concerts to specialized motorsports races. In 2005, Live Nation was spun off from Clear Channel Communications. The company is based in Beverly Hills, California.

The price of Live Nation Entertainment Inc. shares has reached $66.25, which is 1.9% off the 52-week high of $67.48. Live Nation Entertainment Inc. has a market cap of $13.88 billion; its shares were traded around $66.25 with and price-sales ratio of 1.28. Live Nation Entertainment Inc. had an annual average earnings growth of 5.20% over the past five years.

Live Nation Entertainment Inc. recently released financial results for the three months ended March 31, 2019. Revenue was up 17% to $1.7 billion, and the company had its highest first quarter adjusted operating income ever, at $115 million.

Executive Vice President and General Counsel Michael Rowles sold 67,840 shares of Live Nation Entertainment stock on June 12, 2019, at the price of $63.14 per share. The price of the stock has increased by 4.93% since.

Ecolab Inc. (ECL, Financial) reached the 52-week hHigh of $197.44

Ecolab produces and markets cleaning and sanitation products for the hospitality, health care and industrial markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, infection control products and kitchen equipment repair services. The company has a strong hold on the U.S. market and is looking to increase its profitability abroad. Additionally, Ecolab serves customers in water and energy end markets, selling customized solutions.

The price of Ecolab Inc. shares has reached $197.44, which is 1.8% off the 52-week high of $200.93. Ecolab Inc. has a market cap of $56.91 billion; its shares were traded around $197.44 with a price-earnings ratio of 39.17 and price-sales ratio of 3.93. The trailing 12-month dividend yield of Ecolab Inc. is 0.91%. The forward dividend yield of Ecolab Inc. is 0.93%. Ecolab Inc. had an annual average earnings growth of 10.60% over the past 10 years. GuruFocus rated Ecolab Inc. the business predictability rank of 2.5-star.

Ecolab Inc. recently reported its first quarter 2019 results. First quarter 2019 highlights included:

-Reported diluted earnings per share were $1.01 which was up 20% over the previous year.

-Adjusted diluted earnings per share were $1.03, up 13%.

-Reported sales were up 1%.

Executive Vice President Special Initiatives Michael A. Hickey sold 44,835 shares of Ecolab stock on June 5, 2019, at the price of $190.57 per share. The price of the stock has increased by 3.6% since.

Canadian National Railway Co. (CNI, Financial) reached the 52-week high of $93.99

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2016, CN delivered 5.2 million carloads over its 19,600 miles of track.Â

The price of Canadian National Railway Co. shares has reached $93.99, which is 1.2% off the 52-week high of $95.08. Canadian National Railway Co. has a market cap of $67.86 billion; its shares were traded around $93.99 with a price-earnings ratio of 20.70 and price-sales ratio of 6.15. The trailing 12-month dividend yield of Canadian National Railway Co. stocks is 1.59%. The forward dividend yield of Canadian National Railway Co. stocks is 1.75%. Canadian National Railway Co. had an annual average earnings growth of 11.30% over the past 10 years. GuruFocus rated Canadian National Railway Co. the business predictability rank of 5-star.

Canadian National recently reported its financial and operating results for the first quarter ended March 31, 2019. First quarter 2019 results compared to first quarter 2018 included the following:

-Revenues increased by 11% to 3.544 billion Canadian dollars.

-Diluted earnings per share increased by 8% to 1.08 Canadian dollars, and adjusted diluted earnings per share increased by 17% to 1.17 Canadian dollars.

-The operating ratio was 69.5%, an increase of 1.7 points.

-The adjusted operating ratio was 67.2%, an improvement of 0.6 points.

-Operating income increased by 5% to 1.080 billion Canadian dollars.

Marriott International Inc. (MAR, Financial) reached the 52-week high of $141.16

Marriott operates 1.26 million rooms across 30 brands. Marriott, Courtyard and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft and Element are newer lifestyle brands. Managed and franchised represent 96% of total rooms. North America is 67% of total rooms with Asia-Pacific around mid-teens of the total existing base.

The price of Marriott International Inc. shares has reached $141.16, which is 0.5% off the 52-week high of $140.46. Marriott International Inc. has a market cap of $47.11 billion; its shares were traded around $141.48 with a price-earnings ratio of 27.74 and price-sales ratio of 2.51. The trailing 12-month dividend yield of Marriott International Inc. is 1.21%. The forward dividend yield of Marriott International Inc. is 1.22%. Marriott International Inc. had an annual average earnings growth of 21.40% over the past five years.

Marriott International Inc. recently reported first quarter 2019 results. Marriott's reported net income totaled $375 million in the 2019 first quarter, compared to 2018 first quarter reported net income of $420 million. Reported diluted earnings per share totaled $1.09 in the quarter, compared to reported diluted earnings per share of $1.16 in the year-ago quarter. First quarter 2019 adjusted net income totaled $482 million, compared to 2018 first quarter adjusted net income of $487 million. Adjusted diluted earnings per share in the first quarter totaled $1.41, a 5% increase from adjusted diluted earnings per share of $1.34 in the year-ago quarter.

Group President David Grissen sold 16,107 shares of Marriott International stock on June 28, 2019, at the price of $140.10 per share. The price of the stock has increased by 0.99% since.

Note: I do not own the stocks discussed.

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5 Companies Reach Yearly HighsÂ

5 Companies Reach Yearly HighsÂ

5 Companies Reach Yearly HighsÂ

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