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yifan900
yifan900
Articles (174) 

5 Companies Hit 52-Week Highs

Nike tops the list of companies that have reached annual milestones

October 02, 2019 | About:

According to GuruFocus, these stocks have reached their 52-week highs.

Nike Inc. (NYSE:NKE) reached the 52-week high of $92.31

Nike is the world's largest designer and wholesaler of athletic footwear and apparel. The company sells to more than 50,000 retail accounts through a network of more than 1,142 company-owned stores (about 30% of revenue including online sales) and independent distributors and licensees in 170 countries. Nike brand sales in North America account for 43% of revenue, followed by Western Europe (18%), emerging markets (12%) and China (13%), with the remainder from Japan and Central and Eastern Europe. The Converse brand accounts for 6% of sales.

The price of Nike shares has reached $92.31, which is 0.6% off the 52-week high of $92.86. The company has a market cap of $144.64 billion; its shares were traded around $92.31 with a price-earnings ratio of 34.44 and a price-sales ratio of 3.82. The trailing 12-month dividend yield is 0.95%. The forward dividend yield is 0.95%. Nike had an annual average earnings growth of 10.10% over the past 10 years. GuruFocus gave it a business predictability rank of 4.5 stars out of five.

Nike recently reported first-quarter 2020 results, posting earnings of 86 cents per share on $10.66 billion in revenue.

Executive Vice President and Chief Financial Officer Andrew Campion sold 122,874 shares of Nike on Sept. 25 for an average price of $91.99 per share. The stock has gained 0.35% since then.

Dominion Energy Inc. (NYSE:D) reached the 52-week high of $80.99

Based in Richmond, Virginia, Dominion Energy is an integrated energy company with approximately 25,000 megawatts of electric generation capacity, 15,000 miles of natural gas transmission, storage, distribution and gathering pipelines and more than 63,000 miles of electric transmission and distribution lines. It operates one of the nation's largest natural gas storage systems.

The price of Dominion Energy shares has reached $80.99, which is 0.5% off the 52-week high of $81.43. The company has a market cap of $65.07 billion; its shares were traded around $80.99 with a price-earnings ratio of 56.64 and a price-sales ratio of 4.02. The trailing 12-month dividend yield is 4.43%. The forward dividend yield is 4.53%. Dominion Energy had an annual average earnings growth of 2.30% over the past decade.

Dominion Energy recently announced financial results for the three months ended June 30. It posted net income of $54 million (or 5 cents per share) compared with net income of $449 million (or 69 cents per share) for the same period in 2018. Operating earnings for the quarter were $619 million (77 cents per share), compared with operating earnings of $560 million (86 cents per share) in the prior-year quarter.

Director Michael E. Szymanczyk bought 21,400 shares of Dominion Energy on Sept. 13 for an average price of $78.85 per share. The stock has risen 2.71% since then.

SunTrust Banks Inc. (NYSE:STI) reached the 52-week high of $68.85

SunTrust Banks, which is headquartered in Atlanta, comprises commercial, corporate and retail banking operations. Its corporate and investment banking arm is under the SunTrust Robinson Humphrey brand. The majority of SunTrust's deposits are in seven Southeastern U.S. states and the District of Columbia.

The price of SunTrust shares has reached $68.85, which is 1% off the 52-week high of $69.57. The company has a market cap of $30.57 billion; its shares were traded around $68.85 with a price-earnings ratio of 12.12 and a price-sales ratio of 3.26. The trailing 12-month dividend yield is 2.99%. The forward dividend yield is 3.25%.

For the second quarter of 2019, SunTrust Banks reported net income of $663 million, or $1.48 per average common diluted share. This compares to $1.24 for the prior-year quarter. For the first half of 2019, earnings per average common diluted share were $2.72, which includes $59 million, or 11 cents per share, of merger-related impacts. This compares to $2.78 in the first half of 2018.

AvalonBay Communities Inc. (NYSE:AVB) reached the 52-week high of $214.27

AvalonBay Communities owns or has an interest in 285 apartment communities, with nearly 84,000 apartment units throughout 10 states and Washington, D.C., 27 communities under development and billions of dollars' worth of cost in its potential pipeline.

The price of AvalonBay shares has reached $214.27, which is 1.2% off the 52-week high of $216.80. The company has a market cap of $29.92 billion; its shares were traded around $214.27 with a price-earnings ratio of 32.37 and a price-sales ratio of 12.94. The trailing 12-month dividend yield is 2.81%. The forward dividend yield is 2.84%. Avalonbay Communities had an annual average earnings growth of 7% over the past 10 years. GuruFocus gave the company a business predictability rank of 2.5 stars.

For the second quarter, AvalonBay Communities reported $168.28 million in net income. This resulted in a 34.2% decrease in earnings per share from the year-ago quarter to $1.21.

Executive Vice President William M. Mclaughlin sold 2,500 shares of AvalonBay on Sept. 5 at the price of $215.11 per share. The stock has fallen 0.39% since then.

Public Service Enterprise Group Inc. (NYSE:PEG) reached the 52-week high of $61.98

Public Service Enterprise Group is the holding company for a regulated utility (PSE&G), a merchant power generation owner (PSEG Power) and an energy investment firm (Energy Holdings).

The price of Public Service Enterprise Group shares has reached $61.98, which is 1% off the 52-week high of $62.60. The company has a market cap of $31.34 billion; its shares were traded around $61.98 with a price-earnings ratio of 21.52 and a price-sales ratio of 3.09. The trailing 12-month dividend yield is 3%. The forward dividend yield is 3.03%. Public Service Enterprise Group had an annual average earnings growth of 0.30% over the past 10 years.

Public Service Enterprise Group recently reported net income for the second quarter of $153 million, or 30 cents per share, compared to net income of $269 million, or 53 cents per share, in the second quarter of 2018. Non-GAAP operating earnings were $294 million, or 58 cents per share, compared to non-GAAP operating earnings of $325 million, or 64 cents per share, last year.

President and Chief Operating Officer Ralph A. Larossa sold 1,650 shares of Public Service Enterprise Group on Sept. 3 for an average price of $60.82 per share. The stock has climbed 1.91% since then.

Disclosure: I do not own the stocks discussed. 

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