5 Companies Hit 52-Week Highs

These five companies have recently managed to achieve 52-week highs

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Nov 14, 2019
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According to the GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.

Ingersoll-Rand PLC reached the 52-week high of $130.44

Ingersoll-Rand PLC (IR, Financial)Â is a diversified industrial company that operates in two segments. The $10.5 billion climate segment manufactures and services HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard and Thermo King brands. The $3 billion industrial segment sells Ingersoll-Rand-branded compression systems and power tools, ARO-branded fluid management equipment and Club Car-branded utility vehicles. The company generates about 65% of its sales in the United States.

The price of Ingersoll-Rand PLC shares has reached $130.44, which is 1.5% off the 52-week high of $132.42. Ingersoll-rand has a market cap of $31.25 billion; its shares were traded around $130.44 with a price-earnings ratio of 23.32 and a price-sales ratio of 1.96. The trailing 12-month dividend yield is 1.63%. The forward dividend yield is 1.63%. Ingersoll-rand had an annual average earnings growth of 11.70% over the past 5 years.

Ingersoll-Rand recently reported diluted earnings per share from continuing operations of $1.78 for the third quarter of 2019. The company also reported that revenues were up 8% and organic revenues were up 6%.

Chairman and Chief Executive Officer Michael W. Lamach sold 158,499 shares of Ingersoll-Rand stock on November 4, 2019 at the price of $130 per share. The price of the stock has increased by 0.34% since.

Keysight Technologies Inc. reached the 52-week high of $105.25

Keysight Technologies Inc. (KEYS, Financial) provides electronic design and test solutions to the communications and electronics industries. The firm operates in two segments: measurement solutions and customer support and services. The measurement solutions segment generates the vast majority of revenue and sells hardware and software products, including radiofrequency, microwave and digital solutions. The customer support and services segment provides repair and calibration services to customers who have purchased Keysight products and helps resell refurbished equipment. Over half of Keysight's sales are generated in the United States, China and Japan.

The price of Keysight Technologies Inc. shares has reached $105.25, which is 0.4% off the 52-week high of $105.62. Keysight Technologies Inc. has a market cap of $19.74 billion; its shares were traded around $105.25 with a price-earnings ratio of 64.97 and a price-sales ratio of 4.75.

Keysight Technologies, Inc. recently reported financial results for the third fiscal quarter of 2019 ended July 31, 2019. GAAP revenue grew 8 percent to reach $1.087 billion when compared with $1.004 billion last year. GAAP net income was $159 million, or $0.83 per share, compared with GAAP net income of $121 million, or $0.63 per share, in the third quarter of 2018. This represents a 32 percent year-over-year growth in GAAP earnings per diluted share.

Walmart Inc. reached the 52-week high of $119.44

Walmart Inc. (WMT, Financial) is the largest retailer in the world with around $500 billion in annual revenue and about 11,700 stores (including supercenters, wholesale warehouse clubs and small-format stores). The firm is also expanding into the e-commerce realm, as evidenced by its recent acquisition of Jet.com, but sales through this channel represent only about 5% of its total. Groceries and consumables account for roughly half of sales, with the remainder coming from general merchandise, including fuel, hardlines, apparel, entertainment and home goods.

The price of Walmart Inc. shares has reached $119.44, which is 1.2% off the 52-week high of $120.92. Walmart Inc. has a market cap of $339.72 billion; its shares were traded around $119.44 with a price-earnings ratio of 26.91 and a price-sales ratio of 0.67. The trailing 12-month dividend yield is 1.77%. The forward dividend yield is 1.77%. Walmart Inc. had an annual average earnings growth of 1.50% over the past 10 years. GuruFocus rated Walmart Inc. the business predictability rank of 4.5-star.

The company recently reported second-quarter 2019 results. Total revenue was $130.4 billion, an increase of $2.3 billion. Net sales at Walmart International were $29.1 billion, a decrease of 1.1%. Operating income declined 2.9%, or 2.4% in constant currency, which was better than planned due to strong results in the U.S. businesses.

DexCom Inc. reached the 52-week high of $198.08

DexCom Inc. (DXCM, Financial) designs and commercializes continuous glucose monitoring (CGM) systems for diabetics. CGM systems serve as an alternative to the traditional glucometer process. The company sells three different pieces of equipment for the CGM system: a sensor, a transmitter and a receiver.

The price of DexCom Inc. shares has reached $198.08, which is 1.4% off the 52-week high of $200.80. DexCom Inc. has a market cap of $18.13 billion; its shares were traded around $198.08 with a price-sales ratio of 14.62. DexCom Inc. had an annual average earnings growth of 10.40% over the past 10 years. GuruFocus rated it the business predictability rank of 3-star.

DexCom, Inc. recently reported its financial results for its third quarter ended September 30, 2019. Revenue grew 49% versus the same quarter of the prior year to $396.3 million. GAAP operating income was $56.0 million, or 14% of revenue, an increase of 890 basis points compared to the third quarter of 2018. Non-GAAP operating income was $59.1 million or 15% of revenue, an increase of 940 basis points over the third quarter of 2018.

President, CEO and Chairman Kevin R. Sayer sold 10,000 shares of DexCom stock on November 4, 2019, at the price of $157.50 per share. The price of the stock has increased by 25.77% since.

Raytheon Co. reached the 52-week high of $215.84

Raytheon Co. (RTN, Financial) is a major U.S. defense contractor with $25 billion in sales. It operates through five segments: integrated defense systems, intelligence and information, missile systems, space and airborne systems and a cybersecurity business. Sales to the U.S. government account for about 70% of consolidated sales. Based in Waltham, Massachusetts, Raytheon employs more than 60,000 people.

The price of Raytheon Co. shares has reached $215.84, which is 1.0% off the 52-week high of $218.00. Raytheon Co. has a market cap of $60.11 billion; its shares were traded around $215.84 with a price-earnings ratio of 18.46 and a price-sales ratio of 2.13. The trailing 12-month dividend yield is 1.71%. The forward dividend yield 1.75%. Raytheon Co. had an annual average earnings growth of 6.50% over the past 10 years. GuruFocus rated Raytheon Co. the business predictability rank of 5-star.

Raytheon recently announced net sales for the third quarter 2019 of $7.4 billion, up 9.4% compared to $6.8 billion in the third quarter of 2018. Third-quarter 2019 earnings per share from continuing operations came to $3.08 compared to $2.25 in the third quarter of 2018. The increase in the third quarter 2019 earnings per share from continuing operations was primarily driven by operational improvements and the negative impact of the the pension plan annuity transaction in the third quarter of 2018 .

Vice President Randa G. Newsome sold 4,300 shares of Raytheon stock on October 14, 2019, at the price of $199.10 per share. The price of the stock has increased by 8.41% since.

Note: I do not own the stocks discussed

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