Yahoo Finance 5 Companies Hit 52-Week Highs
- By yifan900
According to GuruFocus , these stocks have reached 52-week highs.
L3 Technologies reached the 52-week high of $169.46
L3 Technologies Inc. (LLL) (formerly L3 Communications) is a leading provider of high-technology products, systems and subsystems in the defense electronics business. Customers include the U.S. Department of Defense and U.S. government agencies (roughly 70% of sales) as well as foreign governments and commercial customers. Areas of focus include aircraft modernization and maintenance, training and simulation, communication systems and specialized products such as airport security screening equipment.
Warning! GuruFocus has detected 6 Warning Signs with LLL. Click here to check it out.
The intrinsic value of LLL
The price of L3 Technologies' shares has reached $169.46, which is 1.1% off the 52-week high of $171.24. The company has a market cap of $13.18 billion; its shares were traded around $169.46 with a price-earnings (P/E) ratio of 18.81 and price-sales (P/S) ratio of 1.27. The trailing 12-month dividend yield 1.68%. The forward dividend yield is 1.77%.
The company reported diluted EPS from continuing operations of $2.38 for the quarter ended Dec. 31, 2016, compared to diluted loss per share for the quarter ended Dec. 31, 2015 of 76 cents and adjusted diluted EPS from continuing operations for fourth-quarter 2015 of $2.16. Net sales of $2,989 million for the quarter increased 4% from fourth-quarter 2015.
Senior Vice President and Chief Financial Officer Ralph Dambrosio sold 8,000 shares of L3 stock on Feb. 28 for an average price of $168.04 per share. The price of the stock has increased by 0.85% since then.
Texas Instruments reached the 52-week high of $82.20
Texas Instruments Inc. ( TXN ) is one of the largest analog and embedded semiconductor manufacturers globally. Texas Instruments designs, makes and sells semiconductors to electronics designers and manufacturers across the world. Analog and embedded content is found in just about every electronic device made, including automobiles. The company has continued to benefit from investor recognition of the company's execution, disciplined capital allocation (returning all excess cash to shareowners) and the potential that the market for analog semiconductors has become slightly less cyclical as the industry has matured and consolidated.
The price of Texas Instruments' shares has reached $82.20, which is 0.3% off the 52-week high of $82.44. The company has a market cap of $82.17 billion; its shares were traded around $82.20 with a P/E ratio of 23.55 and P/S ratio of 6.26. The trailing 12-month dividend yield is 2.14%. The forward dividend yield is 2.43%. Texas Instruments had an annual average earnings growth of 6.90% over the past 10 years.
The company recently reported fourth-quarter 2016 revenue of $3.41 billion, a net income of $1.05 billion and earnings per share of $1.02. Earnings per share include a 14-cent benefit for items that were not in the company's original guidance for the quarter. Texas Instruments' first-quarter 2017 outlook for revenue is in the range of $3.17 billion to $3.43 billion and earnings per share are between 78 and 88 cents, which includes a four-cent estimated tax benefit related to the new accounting standard for stock compensation. For 2017, the company's annual effective tax rate is expected to be about 30%.
Home Depot reached the 52-week high of $149.60
The Home Depot Inc. (HD) is a home improvement retailer. Its stores sell an assortment of building materials, home improvement and lawn and garden products and provide a number of services. Home Depot is the world's largest home improvement specialty retailer, operating nearly 2,300 warehouse-format stores throughout the United States, Canada and Mexico. The stores offer products and services for home construction, renovation, remodeling and maintenance. The acquisition of direct marketer and distributor Interline Brands in 2015 allowed it to enter the maintenance, repair and operations sector.
The price of Home Depot's shares has reached $149.60, which is 0.3% off the 52-week high of $149.99. The Home Depot has a market cap of $182.24 billion; its shares were traded around $149.60 with a P/E ratio of 23.19 and P/S ratio of 1.95. The trailing 12-month dividend yield is 1.98%. The forward dividend yield is 2.38%. Home Depot had an annual average earnings growth of 11.50% over the past 10 years.
The company recently reported sales of $22.2 billion for the fourth quarter of fiscal 2016, a 5.8% increase from the fourth quarter of fiscal 2015. Comparable store sales were positive at 5.8% and comp sales for U.S. stores were positive at 6.3%. Net earnings for the quarter were $1.7 billion, or $1.44 per diluted share, up from net earnings of $1.5 billion, or $1.17 per diluted share, in the same period of fiscal 2015. For the fourth quarter of 2016, diluted earnings per share increased 23.1% from the same period in the prior year.
Chairman, CEO and President Craig A. Menear sold 140,372 shares of the stock on Feb. 22 for an average price of $144.33. The stock price has increased 3.65% since then.
Ulta Beauty reached the 52-week high of $288.81
Ulta Beauty Inc. (ULTA) is a beauty retailer that provides one-stop shopping for mass and salon products and salon services in United States. The company offers products from over 500 beauty brands across all categories and price points, including its own private label. Additionally, Ulta offers a full-service salon in every store, featuring hair, skin and brow services. Its stores are predominantly located in convenient and high-traffic locations. A typical Ulta store has more than 20,000 prestige, mass and professional beauty products.
The price of Ulta's shares has reached $288.81, which is 0.2% off the 52-week high of $289.27. Ulta has a market cap of $17.97 billion; its shares were traded around $288.81 with a P/E ratio of 44.30 and P/S ratio of 3.74. Ulta had an annual average earnings growth of 27.40% over the past 10 years.
The company reported net sales increased 24.6% to $1,580.6 million from $1,268.3 million in the fourth quarter of fiscal 2015. Comparable sales increased 16.6% compared to an increase of 12.5% in the fourth quarter of fiscal 2015. Gross profit as a percentage of net sales decreased 10 basis points to 34.5% from 34.6% in the fourth quarter of fiscal 2015 due to planned supply chain investments and a higher mix of e-commerce sales, partly offset by leverage in fixed store costs. In the fourth quarter of fiscal 2015, the company benefited from a significant reduction in promotional activity, contributing to gross profit improvement of 120 basis points. Operating income increased 32.3% to $224.2 million, or 14.2% of net sales, compared to $169.5 million, or 13.4% of net sales, in the fourth quarter of fiscal 2015. Net income increased 30.0% to $140.2 million compared to $107.8 million in the fourth quarter of fiscal 2015. Income per diluted share increased 32.5% to $2.24 compared to $1.69 in the fourth quarter of fiscal 2015.
Director Dennis K. Eck sold 20,000 shares on March 15 for average price of $287.57. Since then, the stock price has increased by 0.43%.
Raytheon reached the 52-week high of $156.97
Raytheon Co. (RTN) develops integrated defense systems. The company offers air and missile defense, radar solutions, naval combat and ship electronic systems and command, control and communications systems. Raytheon is a major U.S. defense contractor with $24 billion in annual sales. Sales to the U.S. government account for about 70% of the company's total sales. Based in Waltham, Massachusetts, Raytheon employs more than 60,000 people.
The price of Raytheon shares has reached $156.97, which is 0.0% off the 52-week high of $156.97. The company has a market cap of $45.97 billion; its shares were traded around $156.97 with a P/E ratio of 21.10 and P/S ratio of 1.94. The trailing 12-month dividend yield is 1.87%. The forward dividend yield is 1.87%. Raytheon had an annual average earnings growth of 8.40% over the past 10 years.
The company recently announced fourth-quarter 2016 net sales of $6.2 billion, down slightly from $6.3 billion in fourth-quarter 2015. EPS from continuing operations was $1.84 compared to $1.85 in the comparable quarter the year before. Fourth-quarter 2016 EPS from continuing operations included a favorable FAS/CAS adjustment of 26 cents compared to a 10-cent adjustment in the fourth quarter of 2015.
Vice President and CFO Anthony F O'Brien sold 2,852 shares of Raytheon on March 3 for an average price of $153.86. Since then, the stock price has increased by 2.02%.
Disclosure: I do not own these stocks.
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This article first appeared on GuruFocus.
Warning! GuruFocus has detected 6 Warning Signs with LLL. Click here to check it out.
The intrinsic value of LLL
