5 Companies Reach Yearly Highs

As of late, 5 companies have managed to achieve 52-week highs

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Aug 21, 2019
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According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-week highs.

Coca-Cola Co. (KO, Financial) reached the 52-week high of $54.41

The Coca-Cola Co. is the largest nonalcoholic beverage company in the world, with over $30 billion in annual revenue. Its portfolio includes a variety of carbonated and noncarbonated brands, including Coca-Cola, Diet Coke, Fanta, Sprite, Minute Maid, Powerade and Dasani. The firm has both concentrate and finished product operations, with concentrate sales contributing roughly half of revenue. Trademark Coca-Cola contributes 45% of unit case volumes worldwide. Coca-Cola generates the majority of its revenue outside of the U.S.

The price of Coca-Cola Co. shares has reached $54.41, which is 0.8% off the 52-week high of $54.82. Coca-Cola Co. has a market cap of $232.66 billion; its shares were traded around $54.41 with a price-earnings ratio of 33.18 and a price-sales ratio of 7.03. The trailing 12-month dividend yield of Coca-cola Co. stocks is 2.90%. The forward dividend yield of Coca-cola Co. stocks is 2.94%.

The Coca-Cola Co. recently reported strong operating results in the second quarter of 2019. Net revenues grew 6% to $10.0 billion while organic revenues grew 6%. Earnings per share grew 12% to 61 cents. Comparable earnings per share grew 4% to 63 cents. Year-to-date cash from operations was $4.5 billion, up 68% while free cash flow (non-GAAP) was $3.7 billion, up 87%.

Senior Vice President Francisco Crespo sold 64,134 shares of Coca-Cola stock on July 24, 2019, at the price of $54.12 per share. The price of the stock has increased by 0.54% since.

The Hershey Co. (HSY, Financial) reached the 52-week high of $155.44

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 confection 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 $155.44, which is 0.8% off the 52-week high of $156.69. The Hershey Co. has a market cap of $32.58 billion; its shares were traded around $155.44 with a price-earnings ratio of 26.89 and a price-sales ratio of 4.17. The trailing 12-month dividend yield of The Hershey Co. stocks is 1.86%. The forward dividend yield of The Hershey Co. stocks is 1.99%. 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. recently announced net sales and earnings for the second quarter ended June 30, 2019. Consolidated net sales were $1.77 billion in the second quarter of 2019 versus $1.75 billion in the year-ago period, an increase of 0.9%. Operating profit was $410.1 million, which increased 29.9% versus the second quarter of 2018. Net income was $312.8 million, or $1.48 per share-diluted, an increase of 37%. Adjusted diluted earnings per share were $1.31, an increase of 14.9%.

Ten-Percent Owner Trust Co. Hershey sold 6,000 shares of Hershey stock on Aug. 1, 2019, at the price of $153.05 per share. The price of the stock has increased by 1.56% since.

Invitation Homes Inc. (INVH, Financial) reached the 52-week high of $28.32

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 $28.32, which is 0.4% off the 52-week high of $28.42. Invitation Homes Inc. has a market cap of $15.23 billion; its shares were traded around $28.32 with a price-earnings ratio of 175.68 and a price-sales ratio of 8.40. The trailing 12-month dividend yield of Invitation Homes Inc. stocks is 1.77%. The forward dividend yield of Invitation Homes Inc. stocks is 1.84%.

Invitation Homes Inc. recently announced its second quarter 2019 financial and operating results. Net income in the second quarter of 2019 was 7 cents per share, compared to a net loss of 3 cents per share in the second quarter of 2018. Total revenues and total property operating and maintenance expenses in the second quarter of 2019 were $442 million and $167 million, respectively, compared to $432 million and $165 million, respectively, in the second quarter of 2018.

Teledyne Technologies Inc. (TDY, Financial) reached the 52-week high of $300.85

Teledyne Technologies Inc. sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the U.S. government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment contributes the largest proportion of revenue and provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment includes image sensors and cameras for industrial, government and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental and energy applications.

The price of Teledyne Technologies Inc. shares has reached $300.85, which is 1.9% off the 52-week high of $306.47. Teledyne Technologies Inc. has a market cap of $10.94 billion; its shares were traded around $300.85 with a price-earnings ratio of 31.05 and a price-sales ratio of 3.76. Teledyne Technologies Inc. had an annual average earnings growth of 8.30% over the past 10 years. GuruFocus rated Teledyne Technologies Inc. the business predictability rank of 5-star.

”‹Teledyne recently reported second quarter 2019 net sales of $782.0 million, compared with net sales of $732.5 million for the second quarter of 2018, an increase of 6.8%. Net income was $104.6 million ($2.80 per diluted share) for the second quarter of 2019, compared with $85.9 million ($2.32 per diluted share) for the second quarter of 2018, an increase of 21.8%. The second quarter of 2019 reflected net discrete income tax benefits of $4.3 million compared with net discrete income tax benefits of $3.4 million for the second quarter of 2018.

Director Charles Crocker sold 2,000 shares of Teledyne Technologies stock on Aug. 1, 2019, at the price of $291 per share. The price of the stock has increased by 3.38% since.

Digital Realty Trust Inc. (DLR, Financial) reached the 52-week high of $123.67

Digital Realty Trust Inc. is a real estate investment trust engaged in the ownership of IT-related properties in countries around the world. The company's real estate portfolio is comprised of corporate data centers, which are used to store and process electronic information, internet gateway datacenters, which connect Internet and data communications between major metro areas, and technology manufacturing properties. The vast majority of Digital Realty's properties are data centers. The company derives most of its revenue in the form of rental income from leasing space in its facilities in the London, Northern Virginia, Dallas, Silicon Valley and New York Metro markets. Digital Realty's customers are mainly technology and financial services firms.

The price of Digital Realty Trust Inc. shares has reached $123.67, which is 1.2% off the 52-week high of $125.19. Digital Realty Trust Inc. has a market cap of $25.77 billion; its shares were traded around $123.67 with a price-earnings ratio of 113.46 and a price-sales ratio of 8.13. The trailing 12-month dividend yield of Digital Realty Trust Inc. stocks is 3.38%. The forward dividend yield of Digital Realty Trust Inc. stocks is 3.49%. Digital Realty Trust Inc. had an annual average earnings growth of 6.90% over the past 10 years. GuruFocus rated Digital Realty Trust Inc. the business predictability rank of 3.5-star.

Digital Realty recently reported revenues for the second quarter of 2019 of $801 million, a 2% decrease from the previous quarter and a 6% increase from the same quarter last year. The company delivered net income of $61 million, and net income available to common stockholders of $32 million, or 15 cents per diluted share, compared to 46 cents per diluted share in the previous quarter and 32 cents per diluted share in the same quarter last year. The company also generated adjusted Ebitda of $468 million, a 3% decrease from the previous quarter and a 1% increase over the same quarter last year.

Director Kevin Kennedy sold 400 shares of Digital Realty Trust stock on Aug. 8, 2019, at the price of $118.26 per share. The price of the stock has increased by 4.57% since.

Note: I do not own the stocks discussed.

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5 Companies Hit 52-Week HighsÂ

5 Companies Hit 52-Week HighsÂ

5 Companies Hit 52-Week HighsÂ

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