5 Companies Hit 52-Week Highs

Multiple stocks achieve annual milestone

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Jul 16, 2019
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According to GuruFocus list of 52-week highs, several stocks have reached 52-week highs.

Global Payments Inc. (GPN, Financial) reached the 52-week high of $164.22

Spun off from National Data in 2001, Atlanta-based Global Payments provides payment processing services. Many of its customers are small and midsize merchants The company has expanded its presence in regions such as Europe and Asia.

The price of Global Payments shares has reached $164.22, which is 1.2% off the 52-week high of $166.13. The company has a market cap of $25.73 billion; its shares were traded around $164.22 with a price-earnings ratio of 55.29 and price-sales ratio of 7.55. The trailing 12-month dividend yield is 0.02%. The forward dividend yield is 0.02%. Global Payments had an annual average earnings growth of 14.30% over the past 10 years. GuruFocus rated its business predictability 3.5 stars out of five.

For the quarter ended March 31, GAAP revenues were $883 million, up from $795 million in the prior-year quarter. Diluted earnings per share were 71 cents compared to 57 cents in the prior year; and the operating margin was 22.6% compared to 19.6% in 2018. Adjusted net revenue plus network fees grew 12.9% to $1.043 billion, compared to $924.3 million in 2018. Adjusted earnings per share grew 18.6% to $1.34, up from $1.13.

Dollar Tree Inc. (DLTR, Financial) reached the 52-week high of $112.43

Dollar Tree is a discount retailer with around 14,800 stores in 48 states and five Canadian provinces as of the end of fiscal 2017. In July 2015, the company completed its acquisition of Family Dollar, roughly doubling its store count.

The price of Dollar Tree shares has reached $112.43, which is 0.8% off the 52-week high of $113.38. The company has a market cap of $26.71 billion; its shares were traded around $112.43 with a price-sales ratio of 1.16.

Dollar Tree recently reported financial results for the quarter ended May 4. Consolidated net sales increased 4.6% to $5.81 billion. The gross profit increased 1.6% to $1.73 billion. As a percentage of sales, the gross margin decreased to 29.7%.

Director Thomas A. Saunders sold 14,530 shares of Dollar Tree on June 24 for an average price of $111.85 per share. The share price has increased by 0.52% since then.

Roper Technologies Inc. (ROP, Financial) reached the 52-week high of $384.45

Roper Technologies' portfolio splits more than 40 different businesses among four operating segments. Industrial Technology houses a collection of industrial pumps and water meters. Energy and Controls sells sensors, valves, process control systems and nondestructive measurement and testing equipment. RF Technology offers highway tolling systems and SaaS brokerage for freight and food markets. Medical & Scientific provides highly specialized equipment, digital imaging, and software systems.

The price of Roper Technologies shares has reached $384.45, which is 0.0% off the 52-week high of $384.49. The company has a market cap of $39.92 billion; its shares were trading around $384.45 with a price-earnings ratio of 36.44 and price-sales ratio of 7.62. The trailing 12-month dividend yield is 0.47%. The forward dividend yield is 0.48%. Roper Technologies had an annual average earnings growth of 11.60% over the past 10 years. GuruFocus rated its business predictability 5 stars.

Roper Technologies recently reported financial results for the quarter ended March 31. Adjusted revenue increased 7% to $1.29 billion. Earnings before interest, taxes, depreciation and amortization grew 13% to $438 million and the Ebitda margin expanded 170 basis points to 34%. GAAP earnings before taxes grew 64% to $419 million and adjusted earnings before taxes grew 15% to $382 million. GAAP diluted earnings per share were $3.53, a 74% increase.

Director Robert E. Knowling Jr. sold 2,000 shares of Roper stock on June 17 for an average price of $363.44 per share. Since then, the share price has increased by 5.78%.

Copart Inc. (CPRT, Financial) reached the 52-week high of $77.33

Copart is a provider of online auctions and vehicle remarketing services targeted primarily at insurance companies, car dealerships, fleet operators and vehicle rental companies. The majority of the vehicles sold through Copart's services are either damaged or recovered stolen vehicles. Its main markets include North America and the British Isles.

The price of Copart shares has reached $77.33, which is 0.3% off the 52-week high of $77.59. The company has a market cap of $17.72 billion; its shares were trading around $77.33 with a price-earnings ratio of 33.92 and a price-sales ratio of 9.59. Copart had an annual average earnings growth of 13.20% over the past 10 years. GuruFocus rated its business predictability 5 stars.

Copart recently reported financial results for the quarter ended April 30. Revenue, gross profit and net income were $553.1 million, $251.6 million and $192.7 million. Fully diluted earnings per share for the three months were 81 cents compared to 52 cents last year, an increase of 55.8%.

CEO A. Jayson Adair sold 179,461 shares of Copart on June 20 for an average price of $74.54 per share. The share price has increased by 3.74% since then.

Atmos Energy Corp. (ATO, Financial) reached the 52-week high of $106.46

Atmos Energy is the largest publicly-traded, fully-regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee and Virginia.

The price of Atmos Energy shares has reached $106.46, which is 1.9% off the 52-week high of $108.46. The company has a market cap of $12.45 billion; its shares were traded around $106.46 with a price-earnings ratio of 25.41 and price-sales ratio of 4.09. The trailing 12-month dividend yield is 1.93%. The forward dividend yield is 1.97%. Atmos Energy had an annual average earnings growth of 3.70% over the past 10 years.

Atmos recently reported consolidated results for the quarter ended March 31. Consolidated net income was $214.9 million, or $1.82 per diluted share, compared with consolidated net income of $179 million, or $1.60 per diluted share, for the same period last year. Adjusted net income for the three months ended March 31, 2018 was $175.2 million, or $1.57 per diluted share.

Disclosure: I do not own the stocks discussed.Â

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