According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-week highs.
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth management services, insurance, corporate banking and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
The price of Royal Bank of Canada shares has reached $81.31, which is 0.3% off the 52-week high of $81.56. Royal Bank of Canada has a market cap of $116.45 billion; its shares were traded with a price-earnings ratio of 12.31 and a price-sales ratio of 3.44. The trailing 12-month dividend yield of Royal Bank of Canada stocks is 3.70%. The forward dividend yield of Royal Bank of Canada stocks is 3.87%.
Royal Bank of Canada recently reported a net income of $3.263 billion for the quarter ended July 31, 2019, up $154 million or 5% from the prior year, with solid diluted earnings per share growth of 6%. Compared to last quarter, net income was up $33 million with higher earnings in Personal & Commercial Banking, Wealth Management and Insurance.
Arch Capital Group Ltd. is a Bermuda company that writes insurance and reinsurance with operations in Bermuda, the U.S., Canada, Europe, Australia and South Africa. The business operates through three segments: insurance, reinsurance and mortgage. The insurance segment provides specialty risk solutions to clients worldwide across a variety of industries. The reinsurance segment provides reinsurance services that cover property catastrophe, property, liability, marine, aviation and space, trade credit and surety, agriculture, accident, life and health, and political risk. The mortgage business provides risk management and risk financing products to the mortgage insurance sectors through platforms in the U.S., Europe and Bermuda.
The price of Arch Capital Group Ltd. shares has reached $41.00, which is 1.4% off the 52-week high of $41.57. Arch Capital Group Ltd. has a market cap of $16.6 billion; its shares were traded with a price-earnings ratio of 13.53 and a price-sales ratio of 2.71. Arch Capital Group Ltd. had an annual average earnings growth of 10.80% over the past 10 years. GuruFocus rated Arch Capital Group Ltd. the business predictability rank of 4.5-star.
Arch Capital Group Ltd. recently announced its 2019 second-quarter results. The company reported a net income available to Arch common shareholders of $458.6 million, or $1.12 per share, a 19.0% annualized return on average common equity, compared to $233.2 million, or 56 cents per share, for the 2018 second quarter. In addition, the company reported an after-tax operating income available to Arch common shareholders, a non-GAAP measure, of $317.4 million, or 77 cents per share, a 13.1% annualized return on average common equity, compared to $242.6 million, or 59 cents per share, for the 2018 second quarter.
Chairman and CEO Arch Re Group Maamoun Rajeh sold 20,000 shares of Arch Capital Group stock on Aug. 27, 2019, at the price of $39.08 per share. The price of the stock has increased by 4.91% since.
DocuSign Inc. is an American company headquartered in San Francisco, California, that assists organizations in connecting and automating how they prepare, sign, act on and manage agreements. DocuSign offers eSignature, a way to sign electronically on practically any device, from almost anywhere, at any time. As of now, more than 475,000 customers and hundreds of millions of users in over 180 countries use DocuSign. Signatures processed by DocuSign are compliant with the U.S. ESIGN Act and the European Union's Electronic Signatures Directive.
The price of DocuSign Inc. shares has reached $64.80, which is 0.4% off the 52-week high of $65.07. DocuSign Inc. has a market cap of $11.4 billion; its shares were traded with a price-sales ratio of 13.41.
DocuSign recently announced results for its fiscal quarter ended July 31, 2019. Total revenue was $235.6 million, an increase of 41% year-over-year. Subscription revenue was $220.8 million, an increase of 39% year-over-year. GAAP net loss per basic and diluted share was 39 cents on 175 million shares outstanding compared to GAAP net loss per share of 22 cents in the second quarter of fiscal 2019 on 166 million shares outstanding. Non-GAAP net income per diluted share was 1 cent on 189 million shares outstanding compared to non-GAAP net income per share of 3 cents in the second quarter of fiscal 2019 on 191 million shares outstanding.
Chief Revenue Officer Loren Alhadeff sold 24,000 shares of DocuSign stock on Sept. 6, 2019, at the price of $55.64 per share. The price of the stock has increased by 16.46% since.
Johnson Controls is a multi-industrial company that operates two distinct businesses. The building technologies and solutions segment manufactures, installs and services HVAC systems, building management systems and controls, industrial refrigeration systems, and fire and security solutions. The power solutions segment manufactures vehicle batteries that are sold to automakers and aftermarket retailers.
The price of Johnson Controls International PLC shares has reached $43.91, which is 1.5% off the 52-week high of $44.58. Johnson Controls International PLC has a market cap of $34.94 billion; its shares were traded with a price-earnings ratio of 6.67 and a price-sales ratio of 1.26. The trailing 12-month dividend yield of Johnson Controls International PLC stocks is 2.37%. The forward dividend yield of Johnson Controls International PLC stocks is 2.37%. Johnson Controls International PLC had an annual average earnings growth of 6.20% over the past 10 years.
Johnson Controls International PLC recently reported fiscal third-quarter 2019 GAAP earnings per share from continuing operations, including special items, of 16 cents. Excluding special items, adjusted earnings per share from continuing operations was 65 cents, up 20% versus the prior-year period. Sales of $6.5 billion increased 3% compared to the prior year. GAAP earnings before interest and taxes were $583 million and the Ebit margin was 9.0%. Adjusted Ebit was $809 million and adjusted Ebit margin was 12.5%, up 50 basis points over the prior year.
Vice President and President, Global Products and Building Technologies and Solutions Jeffrey M. Williams sold 52,655 shares of Johnson Controls International stock on Sept. 5, 2019, at the price of $42.91 per share. The price of the stock has increased by 2.33% since.
One of the largest medical device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products and surgical tools. The company markets its products to healthcare institutions and physicians in the U.S. and overseas. Foreign sales account for about 45% of the company's total sales.
The price of Medtronic PLC shares has reached $111.18, which is 0.5% off the 52-week high of $111.73. Medtronic PLC has a market cap of $149.17 billion; its shares were traded with a price-earnings ratio of 34 and a price-sales ratio of 4.91. The trailing 12-month dividend yield of Medtronic PLC stocks is 1.83%. The forward dividend yield of Medtronic PLC stocks is 1.94%. Medtronic PLC had an annual average earnings growth of 6.30% over the past 10 years. GuruFocus rated Medtronic PLC the business predictability rank of 3-star.
Medtronic PLC recently announced financial results for its first quarter of the fiscal year 2020, which ended July 26, 2019. The company reported first-quarter worldwide revenue of $7.493 billion, an increase of 1.5 percent as reported or 3.5 percent on a constant currency basis, which adjusts for a $146 million negative impact from foreign currency. As reported, first-quarter GAAP net income was $864 million and diluted earnings per share were 64 cents.
Note: I do not own the stocks discussed.
Read more here:Â
Not a Premium Member of GuruFocus? Sign up for aÂ free 7-day trial here.