5 Companies Hit 52-Week Highs

Recently, multiple companies have achieved yearly highs

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Aug 07, 2019
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According to GuruFocus' list of 52-week highs, these guru stocks have reached their 52-week highs.

Invitation Homes Inc. (INVH, Financial) reached the 52-week high of $27.67

Invitation Homes Inc. is the owner and operator of single-family homes for lease in the U.S. It buys and sells vacant, leased or occupied homes. Its objective is to offer the residents a superior living experience by combining high-quality homes with outstanding resident service, creating a differentiated value proposition whose success inures to the benefit of the stockholders. The company's geographical revenues are derived mainly from the Western U.S. and Florida and a small amount from California and Florida. Invitation Homes earns its revenue from the rental income.

The price of Invitation Homes Inc. shares has reached $27.67, which is 1.8% off the 52-week high of $28.17. Invitation Homes Inc. has a market cap of $14.88 billion; its shares were traded around $27.67 with a price-earnings ratio of 461.20 and a price-sales ratio of 8.32. The trailing 12-month dividend yield of Invitation Homes Inc. stocks is 1.73%. The forward dividend yield of Invitation Homes Inc. stocks is 1.88%.

Invitation Homes Inc. recently announced its second-quarter 2019 financial and operating results. Year-over-year, total revenues increased 2.1% to $442 million, total property operating and maintenance expenses increased 0.7% to $167 million, and net income attributable to common stockholders increased to $39 million, or 7 cents per share.

American Water Works Co. Inc. (AWK, Financial) reached the 52-week high of $117.29

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 nonregulated 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 $117.29, which is 1.7% off the 52-week high of $119.30. American Water Works Co. Inc. has a market cap of $21.19 billion; its shares were traded around $117.29 with a price-earnings ratio of 36.43 and a price-sales ratio of 6.05. The trailing 12-month dividend yield of American Water Works Co. Inc. stocks is 1.59%. The forward dividend yield of American Water Works Co. Inc. stocks is 1.71%. American Water Works Co. Inc. had an annual average earnings growth of 17.40% over the past 10 years. GuruFocus rated American Water Works Co. Inc. the business predictability rank of 2.5-star.

The company announced that second-quarter 2019 GAAP diluted earnings per share were 94 cents, compared to 91 cents per share in 2018. Second quarter adjusted diluted earnings per share increased 13.3% up to 94 cents.

AT&T Inc. (T, Financial) reached the 52-week high of $34.17

AT&T is the second-largest U.S. wireless carrier, serving more than 100 million subscribers, including about 65 million postpaid phone subscribers. The firm also provides fixed-line services, including voice, data and television services, to consumers and small businesses in 21 states and to larger enterprises nationwide. The DirecTV acquisition added 20 million U.S. satellite television customers and a presence in Latin America. AT&T also acquired two Mexican carriers in 2015.

The price of AT&T Inc. shares has reached $34.17, which is 1.4% off the 52-week high of $34.64. AT&T Inc. has a market cap of $249.61 billion; its shares were traded around $34.17 with a price-earnings ratio of 14.36 and a price-sales ratio of 1.37. The trailing 12-month dividend yield of AT&T Inc. stocks is 5.94%. The forward dividend yield of AT&T Inc. stocks is 5.97%. AT&T Inc. had an annual average earnings growth of 2.80% over the past 10 years. GuruFocus rated AT&T Inc. the business predictability rank of 2.5-star.

AT&T Inc. reported solid operating results in the second quarter of 2019. The company reported diluted earnings per share of 51 cents, compared to 81 cents in the year-ago quarter. In addition, sdjusted earnings per share were 89 cents, compared to 91 cents in the year-ago quarter. Cash from operations was $14.3 billion, up 40% from the year-ago quarter, while consolidated revenues were $45.0 billion, up 15.3%.

CEOÂ John T. Stankey sold 4,024 shares of AT&T stock on July 30, 2019, at the price of $34.15 per share. The price of the stock has increased by 0.06% since.

American Tower Corp. (AMT, Financial) reached the 52-week high of $215.47

American Tower owns and leases roughly 150,000 cell towers throughout the U.S., Asia, Latin America, Europe and the Middle East. It leases space on its towers to wireless service providers, who install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with the most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the U.S., which accounted for more than half of the company's total revenue in 2017. Outside the U.S., American Tower's greatest presence is in India and Brazil, where it operates roughly 58,000 and 19,000 towers, respectively. American Tower operates as a real estate investment trust.

The price of American Tower Corp. shares has reached $215.47, which is 1.5% off the 52-week high of $218.79. American Tower Corp. has a market cap of $95.39 billion; its shares were traded around $215.47 with a price-earnings ratio of 65.29 and a price-sales ratio of 12.57. The trailing 12-month dividend yield of American Tower Corp. stocks is 1.60%. The forward dividend yield of American Tower Corp. stocks is 1.60%. American Tower Corp. had an annual average earnings growth of 15.30% over the past 10 years. GuruFocus rated American Tower Corp. the business predictability rank of 5-star.

American Tower Corp. recently reported financial results for the quarter ended June 30, 2019. Total revenue increased 6.1% year over year to $1.89 billion. Net income increased 38.1% to $434 million and adjusted Ebitda increased by 9.2% to $1.18 billion.

Director Robert D. Hormats sold 100 shares of American Tower stock on July 15, 2019, at the price of $210.33 per share. The price of the stock has increased by 2.44% since.

The Hershey Co. (HSY, Financial) reached the 52-week high of $152.11

Hershey is a leading confectionery manufacturer in the U.S. (about a $25 billion market), controlling around 45% share of the domestic chocolate market. Over its 85-year plus history, the firm has developed a product portfolio that consists of more than 80 brands, including Hershey's, Reese's, Kit Kat, Twizzlers and Ice Breakers. Hershey's products are sold in about 80 countries, with just 10-15% of total sales coming from markets outside the U.S., including Brazil, China, India and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confectionery business, most recently with the deal to add Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix.

The price of The Hershey Co. shares has reached $152.11, which is 1.2% off the 52-week high of $153.91. The Hershey Co. has a market cap of $31.88 billion; its shares were traded around $152.11 with a price-earnings ratio of 26.32 and a price-sales ratio of 4.08. The trailing 12-month dividend yield of The Hershey Co. stocks is 1.90%. The forward dividend yield of The Hershey Co. stocks is 2.03%. The Hershey Co. had an annual average earnings growth of 7.30% over the past 10 years. GuruFocus rated The Hershey Co. the business predictability rank of 3-star.

The Hershey Co. announced net sales and earnings for the second quarter ended June 30, 2019. Consolidated net sales were $1.77 billion, an increase of 0.9% year-over-year. Reported net income was $312.8 million, or $1.48 per share diluted, an increase of 37%. Finally, adjusted diluted earnings per share were $1.31, an increase of 14.9%.

Ten-percent Owner Trust Co. Hershey sold 10,000 shares of Hershey stock on July 30, 2019, at the price of $152.82 per share. The price of the stock has decreased by 0.46% since.

Note: I do not own the stocks discussed.Â

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5 Companies Hit 52-Week HighsÂ

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