5 Companies Hit 52-Week Highs

Recently, these five companies have managed to achieve yearly highs

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Oct 17, 2019
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According to the GuruFocus, these stocks have reached their 52-week highs.

Whirlpool reached the 52-week high of $158.22

Whirlpool Corp. (WHR, Financial) is a U.S.-based global manufacturer and marketer of major home appliances and related products. Its segments consist of North America, Europe/Middle East/Africa, Latin America and Asia. Most of the company's sales occur in North America. Products are divided into various classes, including laundry appliances, refrigerators and freezers, cooking appliances and others. The majority of revenue is derived from the laundry appliances and refrigerators and freezers classes.

Whirlpool also sells its products to other manufacturers, distributors, and retailers for resale across its geographic segments. The company's major international brands include Whirlpool, KitchenAid, Maytag, Consul, Brastemp and Jenn-Air.

The price of Whirlpool Corp. shares has reached $158.22, which is 1.8% off the 52-week high of $161.00. Whirlpool Corp. has a market cap of $10.05 billion; its shares were traded around $158.22 with a price-earnings ratio of 11.13 and a price-sales ratio of 0.49. The trailing 12-month dividend yield of Whirlpool Corp. stocks is 2.97%. The forward dividend yield is 3.03%. Whirlpool Corp. had an annual average earnings growth of 2.70% over the past 10 years.

The company recently announced second-quarter GAAP net earnings of $67 million, or $1.04 per diluted share, compared to $657 million, or $9.50 per diluted share reported for the same prior-year period. Second-quarter net sales were $5.2 billion compared to $5.1 billion in the same prior-year period. Excluding the impact of currency, sales increased 3.5 percent.

Sysco reached the 52-week high of $78.87

Sysco Corp. (SYY, Financial) is a leading foodservice distributor in North America and Europe, controlling more than 17% of the almost $300 billion market. The firm distributes more than 400,000 food and nonfood products to 500,000 customers, including restaurants, healthcare and educational facilities and lodging establishments. While Sysco derives the bulk of its sales from North America, the tie-up with Brakes last year bolstered its position in Europe, with sales from the region now representing around 10% of its consolidated total.

The price of Sysco Corp. shares has reached $78.87, which is 1.1% off the 52-week high of $79.74. Sysco Corp. has a market cap of $40.38 billion; its shares were traded around $78.87 with a price-earnings ratio of 24.65 and a price-sales ratio of 0.69. The trailing 12-month dividend yield is 1.98%. The forward dividend yield is 1.98%. Sysco Corp. had an annual average earnings growth of 4.30% over the past 10 years.

The company recently announced financial results for its 13-week fourth fiscal quarter ended June 29, 2019. Sales for the fourth quarter were $10.7 billion, an increase of 2.8% compared to the same period last year. Gross profit increased 2.9% to $2.1 billion and gross margin increased 3 basis points to 20.1% compared to the same period last year. Operating income was $874.2 million, an increase of $3.7 million, or 0.4%, compared to the same period last year. Adjusted operating income was $871.4 million, an increase of $0.9 million, or 0.1%, compared to the same period last year.

President and Chief Executive Officer Thomas Bene sold 39,384 shares of Sysco stock on October 7, 2019 at the price of $78.12 per share. The price of the stock has increased by 0.96% since.

Apple reached the 52-week high of $236.21

Apple Inc. (AAPL, Financial) designs consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Watch) and TV boxes (Apple TV), as well as a variety of services such as Apple Music, iCloud and Apple Pay. Apple's products run internally developed software, and we believe this integration of hardware, software, and services often allows the firm to maintain premium pricing for its devices. Apple's products are distributed online as well as through company-owned stores and third-party retailers.

The price of Apple Inc. shares has reached $236.21, which is 0.6% off the 52-week high of $237.64. Apple Inc. has a market cap of $1067.48 billion; its shares were traded around $236.21 with a price-earnings ratio of 20.14 and a price-sales ratio of 4.32. The trailing 12-month dividend yield is 1.27%. The forward dividend yield is 1.30%. The company had an annual average earnings growth of 28.00% over the past 10 years. GuruFocus rated Apple Inc. the business predictability rank of 4.5-star.

Apple recently announced financial results for its fiscal 2019 third quarter ended June 29, 2019. It posted quarterly revenue of $53.8 billion, an increase of 1 percent from the previous year third quarter, and quarterly earnings per diluted share of $2.18, down 7 percent. International sales accounted for 59 percent of the quarter’s revenue.

Senior Vice President and Chief Financial Officer Luca Maestri sold 61,659 shares of Apple stock on October 7, 2019 at the price of $228.38 per share. The price of the stock has increased by 3.43% since.

Tyler Technologies reached the 52-week high of $268.24

Tyler Technologies Inc. (TYL, Financial) is a provider of integrated information management solutions for the public sector, with a focus on local governments. Its services are geared toward meeting the operational technology needs of cities, counties, schools and other local government entities. Its solutions generally service six areas: financial management and education, courts and justice, public safety, property appraisal and tax, regulatory and maintenance and records management. The company derives revenue from software licenses and subscription-based services. A large majority of the firm's revenue is generated in the United States.

The price of Tyler Technologies Inc. shares has reached $268.24, which is 0.9% off the 52-week high of $270.60. Tyler Technologies Inc. has a market cap of $10.35 billion; its shares were traded around $268.24 with a price-earnings ratio of 82.79 and a price-sales ratio of 10.68. The company had an annual average earnings growth of 18.60% over the past 10 years. GuruFocus rated Tyler Technologies Inc. the business predictability rank of 5-star.

Tyler recently announced financial results for the second quarter ended June 30, 2019. Total revenue was $275.1 million, up 16.5% from $236.1 million for the second quarter of 2018. Operating income was $36.7 million, down 1.3% from $37.1 million for the second quarter of 2018. Net income was $32.0 million, or $0.80 per diluted share, down 18.3% compared to $39.2 million, or $0.97 per diluted share, for the second quarter of 2018.

CarMax reached the 52-week high of $90.53

CarMax Inc. (KMX, Financial) sells, finances and services used and new cars through a chain of over 185 retail stores. It was formed in 1993 as a unit of Circuit City and was spun off into an independent company in late 2002. Used-vehicle sales account for over 84% of revenue, wholesale about 13%, and the remaining portion is composed of extended service plans and repair. In fiscal 2017, the company retailed and wholesaled 671,294 and 391,686 used vehicles, respectively.

The price of CarMax Inc. shares has reached $90.53, which is 1.6% off the 52-week high of $92.01. Carmax Inc. has a market cap of $14.89 billion; its shares were traded around $90.53 with a price-earnings ratio of 17.38 and a price-sales ratio of 0.80.The company had an annual average earnings growth of 19.90% over the past 10 years. GuruFocus rated Carmax Inc. the business predictability rank of 3.5-star.

CarMax recently reported net income and earnings per share for the second quarter ended June 30, 2019. Net sales and operating revenue increased 9.1% to $5.20 billion. Used unit sales in comparable stores increased 3.2% while total used unit sales rose 6.2%. Net earnings increased 5.8% to $233.6 million and net earnings per diluted share increased 12.9% to $1.40.

Note: I do not own the stocks discussed

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