According to GuruFocus' list of 52-week highs, these Guru stocks have reached their 52-Week Highs.
Consolidated Edison Inc. (ED, Financial) reached the 52-week high of $91.14
Con Ed is a holding company for Consolidated Edison Company of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas and electricity to customers in southeastern New York, including New York City, and small parts of New Jersey. The two utilities generate roughly 90% of Con Ed's results. The other 10% of earnings comes from investments in renewable energy projects and gas and electric transmission. These investments have resulted in Con Ed becoming the fifth-largest owner of utility-scale PV solar capacity in the U.S.
The price of Consolidated Edison Inc. shares has reached $91.14, which is 0.5% off the 52-week high of $91.58. Consolidated Edison Inc. has a market cap of $30.27 billion; its shares were traded around $91.14 with a price-earnings ratio of 21.65 and a price-sales ratio of 2.41. The trailing 12-month dividend yield of Consolidated Edison Inc. stocks is 3.22%. The forward dividend yield of Consolidated Edison Inc. stocks is 3.25%. Consolidated Edison Inc. had an annual average earnings growth of 3.10% over the past 10 years.
Consolidated Edison, Inc. recently reported 2019 second quarter net income for common stock of $152 million or $0.46 a share compared with $188 million or $0.60 a share in the 2018 second quarter. Adjusted earnings were $189 million or 58 cents a share in the 2019 period compared with $189 million or 61 cents a share in the 2018 period.
President and CEOÂ Robert Sanchez bought 27 shares of Consolidated Edison stock on Aug. 31, 2019, at the price of $87.05 per share. The price of the stock has increased by 4.7% since.
Stryker Corp. (SYK, Financial) reached the 52-week high of $221.40
Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils and spinal devices. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds a leadership position in operating room equipment. Approximately 35% of Stryker's total revenue currently comes from outside the U.S.
The price of Stryker Corp. shares has reached $221.40, which is 0.9% off the 52-week high of $223.45. Stryker Corp. has a market cap of $82.83 billion; its shares were traded around $221.40 with a price-earnings ratio of 23.71 and a price-sales ratio of 5.92. The trailing 12-month dividend yield of Stryker Corp. stocks is 0.92%. The forward dividend yield of Stryker Corp. stocks is 0.94%. Stryker Corp. had an annual average earnings growth of 6.20% over the past 10 years. GuruFocus rated Stryker Corp. the business predictability rank of 4.5-star.
Stryker recently reported operating results for the second quarter of 2019. Consolidated net sales of $3.7 billion increased 9.9% in the quarter and 11.5% in constant currency. The company reported net earnings of $480 million increased 6.2% in the quarter, and net earnings per diluted share of $1.26 increased 5.9% in the quarter.
President and Chief Operating Officer Timothy J. Scannell sold 4,666 shares of Stryrker stock on Aug. 16, 2019, at the price of $217.08 per share. The price of the stock has increased by 1.99% since.
Microsoft Corp. (MSFT, Financial) reached the 52-week high of $139.10
Microsoft is a global provider of software, hardware, and services. Its business is organized into three segments: productivity and business processes (including Microsoft Office and Dynamics), intelligent cloud (including Azure, Windows Server OS and SQL Server), and more personal computing (including Windows Client, Xbox, Surface, phones and Bing search advertising).
The price of Microsoft Corp. shares has reached $139.10, which is 1.9% off the 52-week high of $141.68. Microsoft Corp. has a market cap of $1062.09 billion; its shares were traded around $139.10 with a price-earnings ratio of 27.42 and a price-sales ratio of 8.57. The trailing 12-month dividend yield of Microsoft Corp. stocks is 1.32%. The forward dividend yield of Microsoft Corp. stocks is 1.32%. Microsoft Corp. had an annual average earnings growth of 9.40% over the past 10 years. GuruFocus rated Microsoft Corp. the business predictability rank of 4-star.
Microsoft Corp. recently announced results for the quarter ended June 30, 2019, as compared to the corresponding period of last fiscal year. Revenue was $33.7 billion and increased 12%. Operating income was $12.4 billion and increased 20%. Net income was $13.2 billion GAAP and $10.6 billion non-GAAP, and increased 49% and 21%, respectively. Diluted earnings per share were $1.71 (GAAP) and $1.37 (non-GAAP), and increased 50% and 21%, respectively.
Executive Vice President and Chief Marketing Officer Christopher C. Capossela sold 18,500 shares of Microsoft stock on Sept. 6, 2019, at the price of $139.93 per share. The price of the stock has decreased by 0.59% since.
First Data Corp. (FDC, Financial) reached the 52-week high of $31.69
First Data is a provider of e-commerce solutions including payment and transactions services as well as credit solutions. The largest segment by revenue, global business solutions, offers point-of-sale solutions such as merchant acquiring, e-commerce and mobile commerce. The business unit facilitates the acceptance of commercial transactions at the point of sale. The other segments offer credit card and loan-processing solutions and private-label card programmes for bank and nonbank institutions, as well as network security and fraud-management solutions. First Data's largest end market is North America.
The price of First Data Corp. shares has reached $31.69, which is 0.0% off the 52-week high of $31.69. First Data Corp. has a market cap of $29.97 billion; its shares were traded around $31.69 with a price-earnings ratio of 30.47 and a price-sales ratio of 3.20.
First Data Corp. recently reported financial results for the first quarter ended March 31, 2018. Total segment revenue was $2,080 million for the quarter, up 11% versus the prior year period on a reported basis, up 10% on a comparable accounting basis. Consolidated revenue for the first quarter was $2,282 million.Net income attributable to First Data for the first quarter of 2018 was $101 million, or $0.11 per diluted share, up 181% and 175%, respectively, from comparable figures in the first quarter of 2017.
Brown & Brown Inc. (BRO, Financial) reached the 52-week high of $36.81
Brown & Brown is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.
The price of Brown & Brown Inc. shares has reached $36.81, which is 1.1% off the 52-week high of $37.20. Brown & Brown Inc. has a market cap of $10.35 billion; its shares were traded around $36.81 with a price-earnings ratio of 26.90 and a price-sales ratio of 4.51. The trailing 12-month dividend yield of Brown & Brown Inc. stocks is 0.87%. The forward dividend yield of Brown & Brown Inc. stocks is 0.87%. Brown & Brown Inc. had an annual average earnings growth of 7.30% over the past 10 years. GuruFocus rated Brown & Brown Inc. the business predictability rank of 4.5-star.
Brown & Brown Inc. recently announced its unaudited financial results for the second quarter of 2019. Revenues for the second quarter of 2019 under U.S. generally accepted accounting principles were $575.2 million, increasing $102.1 million, or 21.6%, compared to the second quarter of the prior year. Net income was $92.6 million, increasing $18.7 million, or 25.3%, and diluted net income per share was 33 cents, increasing by 26.9%, compared to the second quarter of the prior year. Adjusted diluted net income per share increased to 32 cents, or 23.1%, compared to the second quarter of the prior year.
Note: I do not own the stocks discussed.Â
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