5 Companies Hit 52-Week Highs

As of late, these five companies have managed to achieve yearly highs

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Nov 06, 2019
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According to GuruFocus, these stocks have reached their 52-Week Highs.

W.W. Grainger Inc. reached the 52-week high of $317.67

W.W. Grainger Inc. (GWW, Financialdistributes more than 1.6 million maintenance, repair and operations products that are sourced from 5,000 suppliers. The company serves its 3.2 million customers through its online and electronic purchasing platforms, vending machines, catalog distribution and its network of almost 600 global branches. In recent years, Grainger has invested in its e-commerce capabilities. The firm is the 11th- largest e-commerce site in North America. In 2016, Grainger generated 77% of its $10.1 billion of sales in the United States.

The price of W.W. Grainger Inc. shares has reached $317.67, which is 1.1% off the 52-week high of $321.07. The company has a market cap of $17.11 billion; its shares were traded around $317.67 with a price-earnings ratio of 18.60 and a price-sales ratio of 1.55. The trailing 12-month dividend yield is 1.76%. The forward dividend yield is 1.81%. W.W. Grainger Inc. had an annual average earnings growth of 8.10% over the past 10 years. GuruFocus rated it the business predictability rank of 5-star.

Grainger recently reported results for the 2019 third quarter. Sales of $2.9 billion in the quarter increased 4 percent versus the 2018 third quarter. On a daily basis, sales were up 2.5 percent. The company also reported operating earnings for the 2019 third quarter of $338 million, up 78 percent versus operating earnings of $189 million in the 2018 third quarter. Reported earnings per share were $4.25 in the quarter, up 134 percent versus $1.82 in the prior-year quarter. Adjusted earnings per share of $4.26 marked a 2 percent increase versus $4.19 in the 2018 third quarter.

Senior Vice President and General Counsel John L Howard sold 11,716 shares of W.W. Grainger stock on October 11, 2019 at the average price of $305.68. The price of the stock has increased by 3.92% since.

First Republic Bank reached the 52-week high of $108.36

First Republic Bank (FRC, Financial) offers private banking and wealth management services to high-net-worth clients. Services are primarily offered in the San Francisco, New York City and Los Angeles markets. The bank has about $77 billion in assets and was founded in 1985.

The price of First Republic Bank shares has reached $108.36, which is 0.2% off the 52-week high of $108.55. First Republic Bank has a market cap of $18.23 billion; its shares were traded around $108.36 with a price-earnings ratio of 21.76 and a price-sales ratio of 5.84. The trailing 12-month dividend yield is 0.69%. The forward dividend yield is 0.70%.

First Republic Bank recently announced financial results for the quarter ended September 30, 2019. Financial results year-over-year include:

– Revenues were $837.2 million, up 8.9%.

– Net interest income was $695.0 million, up 9.5%.

– Net income was $234.8 million, up 10.0%.

– Diluted earnings per share of $1.31, up 10.1%.

PPL Corp reached the 52-week high of $33.59

PPL Corp. (PPL, Financial) is a regulated utility with three key segments. The international regulated delivery segment operates distribution networks providing electricity service to customers in the United Kingdom. The Pennsylvania regulated delivery and transmission segment provides distribution to customers in central and eastern Pennsylvania. LG&E and KU are involved in regulated electricity generation, transmission and distribution in Kentucky.

The price of PPL Corp. shares has reached $33.59, which is 0.1% off the 52-week high of $33.61. PPL Corp. has a market cap of $24.26 billion; its shares were traded around $33.59 with a price-earnings ratio of 13.82 and a price-sales ratio of 3.16. The trailing 12-month dividend yield is 4.90%. The forward dividend yield is 4.91%. The company had an annual average earnings growth of 0.30% over the past 10 years.

PPL Corporation recently announced second-quarter 2019 reported earnings of $441 million, or $0.60 per share, compared with second-quarter 2018 reported earnings of $515 million, or $0.73 per share. Reported earnings for the first six months of 2019 were $907 million, or $1.24 per share, a decrease from $967 million, or $1.38 per share, for the first six months of 2018.

Chairman and Chief Executive Officer William H. Spence sold 215,020 shares of PPL stock on October 22, 2019, at the price of $33 per share. The price of the stock has increased by 1.79% since.

Zebra Technologies Corp reached the 52-week high of $238.00

Zebra Technologies Corp. (ZBRA, Financial) designs and sells a broad range of products for the automatic identification and data capture market, including mobile computers, barcode scanners, RFID readers and specialty printers for barcode labeling and personal identification. The company operates in two segments: Legacy Zebra and Enterprise. Zebra's end markets include retail, transportation and logistics, healthcare and manufacturing.

The price of Zebra Technologies Corp. shares has reached $238.00, which is 1.6% off the 52-week high of $241.76. Zebra Technologies Corp. has a market cap of $12.83 billion; its shares were traded around $238.00 with a price-earnings ratio of 26.47 and a price-sales ratio of 2.93. Zebra Technologies Corp. had an annual average earnings growth of 21.80% over the past 10 years. GuruFocus has given the company the business predictability rank of 3-star.

Zebra Technologies Corporation recently announced results for the third quarter ended September 28, 2019. Net sales were $1,130 million in the third quarter of 2019 compared to $1,092 million in the third quarter of 2018. Non-GAAP diluted earnings per share increased by 19.1% year-over-year to $3.43. Net income was $136 million and net income per diluted share was $2.50.

Senior Vice President, Chief Product & Solutions Bill Burns sold 7,228 shares of Zebra Technologies stock on October 31, 2019, at the price of $238.11 per share. The price of the stock has decreased by 0.05% since.

Jacobs Engineering Group reached the 52-week high of $96.07

Jacobs Engineering Group Inc. (JEC, Financial) is one of the largest global providers of engineering and construction services to industrial, commercial and government clients. It provides engineering, procurement, fabrication, construction and maintenance services to a wide range of industries, including energy, manufacturing, pharma, technology, mining and the U.S. federal government. The company generated fiscal 2017 revenue and adjusted operating income of $10.0 billion and $544 million, respectively, and employs 54,000 workers.

The price of Jacobs Engineering Group Inc. shares has reached $96.07, which is 0.3% off the 52-week high of $96.32. Jacobs Engineering Group Inc. has a market cap of $13.02 billion; its shares were traded around $96.07 with a price-earnings ratio of 19.57 and a price-sales ratio of 0.81. The trailing 12-month dividend yield is 0.71%. The forward dividend yield is 0.71%.

Jacobs Engineering recently announced its financial results for the fiscal third quarter ended June 28, 2019. Gross revenue of $3.2 billion grew 8.0% year-over-year. Adjusted earnings per share from continuing operations was $1.40, up 13% year-over-year.

Note: I do not own the stocks discussed

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