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5 Companies Reach 52-Week Highs

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

Lowe's reached the 52-week high of $135.76

Lowe's Companies Inc. (NYSE:LOW) is the second-largest home improvement retailer in the world, operating about 1,970 stores throughout the United States and Canada. The firm's stores offer products and services for home decorating, maintenance, repair and remodeling. Lowe's targets retail do-it-yourself and do-it-for-me customers as well as commercial business clients.

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The price of Lowe's Companies Inc. shares has reached $135.76, which is 1.8% off the 52-week high of $138.25. Lowe's Companies Inc. has a market cap of $102.5 billion; its shares were traded around $135.76 with a price-earnings ratio of 22.91 and a price-sales ratio of 1.41. The trailing 12-month dividend yield of Lowe's Companies Inc. stocks is 1.62%. The forward dividend yield of Lowe's Companies Inc. stocks is 1.62%. Lowe's Companies Inc. had an annual average earnings growth of 11.70% over the past 10 years.

Lowe's Companies Inc. recently reported net earnings of $1.3 billion and diluted earnings per share of $1.76 for the quarter ended May 1 compared to net earnings of $1.0 billion and diluted EPS of $1.31 in the first quarter of 2019. Comparable sales for the U.S. home improvement business increased 12.3 percent for the first quarter.

Equinix reached the 52-week high of $722.67

Equinix Inc. (NASDAQ:EQIX) is a retail provider of data centers, enabling hundreds of enterprise tenants to house their servers and networking equipment in a colocated environment. Tenants can then connect with each other, cloud service providers and telecom networks. Equinix operates 210 data centers in 55 markets worldwide and owns just less than half of them. The firm has nearly 10,000 customers, including 1,800 networks, that are dispersed over five verticals: Cloud and IT Services, Content Providers, Network and Mobile Services, Financial Services and Enterprise. Equinix operates as a real estate investment trust.

The price of Equinix Inc. shares has reached $722.67, which is 1.8% off the 52-week high of $735.99. Equinix Inc. has a market cap of $63.97 billion; its shares were traded around $722.67 with a price-earnings ratio of 121.66 and a price-sales ratio of 10.99. The trailing 12-month dividend yield of Equinix Inc. stocks is 1.42%. The forward dividend yield of Equinix Inc. stocks is 1.47%. Equinix Inc. had an annual average earnings growth of 11.60% over the past 10 years. GuruFocus rated Equinix Inc. the business predictability rank of 4.5-star.

Equinix Inc. recently reported results for the quarter ended March 31. Revenue was $1.445 billion, a 2% increase over the previous quarter. Operating income was $253 million, a 19% decrease from the previous quarter, while the operating margin was 18%.

Chief Legal and Human Resource Officer Brandi Galvin Morandi sold 1,300 shares of Equinix stock on June 11, 2020 at the price of $676.92 per share. The price of the stock has increased by 6.76% since.

Ansys reached the 52-week high of $301.64

Ansys Inc. (NASDAQ:ANSS) is an engineering software company that provides simulation capabilities for structural, fluids, semiconductor power, embedded software, optical and electromagnetic properties. Ansys employs over 4,000 people and serves over 50,000 customers globally, including those in aerospace, defense and automotive.

The price of Ansys Inc. shares has reached $301.64, which is 1.9% off the 52-week high of $307.31. Ansys Inc. has a market cap of $25.82 billion; its shares were traded around $301.64 with a price-earnings ratio of 63.40 and a price-sales ratio of 17.33. Ansys Inc. had an annual average earnings growth of 9.10% over the past 10 years. GuruFocus rated Ansys Inc. the business predictability rank of 5-star.

Ansys recently announced first quarter 2020 financial results. First quarter 2020 GAAP and non-GAAP revenue came in at $305.0 million and $308.9 million, respectively, representing decreases of 4% and 3% when compared to the first quarter of 2019. For the first quarter of 2020, the company reported GAAP earnings per share of $0.53 compared to $1.01 for the first quarter of 2019.

Director Nicole Anasenes sold 1,050 shares of Ansys stock on June 22, 2020 at the price of $283.49 per share. The price of the stock has increased by 6.4% since.

AbbVie reached the 52-week high of $99.01

AbbVie Inc. (NYSE:ABBV) is a drug company with a strong exposure to immunology and oncology. The company's top drug, Humira, represents over half of the company's current profits. The company was spun off from Abbott in early 2013. The recently announced acquisition of Allergan will add several new drugs in aesthetics and women's health.

The price of AbbVie Inc. shares has reached $99.01, which is 1.0% off the 52-week high of $99.99. Abbvie Inc. has a market cap of $174.49 billion; its shares were traded around $99.01 with a price-earnings ratio of 17.53 and a price-sales ratio of 4.31. The trailing 12-month dividend yield of Abbvie Inc. stocks is 4.54%. The forward dividend yield of Abbvie Inc. stocks is 4.76%. Abbvie Inc. had an annual average earnings growth of 8.00% over the past 10 years.

AbbVie recently announced financial results for the first quarter ended March 31. Worldwide net revenues were $8.619 billion, an increase of 10.1% on a reported basis, or 10.7% operationally. Diluted earnings per share in the first quarter were $2.02 on a GAAP basis.

Eli Lilly reached the 52-week high of $166.89

Eli Lilly and Co. (NYSE:LLY) is a pharmaceutical company with a focus on neuroscience, endocrinology, oncology and immunology. Lilly's key products include Alimta and Verzenio for cancer; Forteo for osteoporosis; Jardiance, Trulicity, Humalog and Humulin for diabetes; Taltz and Olumiant for immunology; and Cialis for erectile dysfunction.

The price of Eli Lilly and Co. shares has reached $166.89, which is 1.2% off the 52-week high of $168.92. Eli Lilly And Co. has a market cap of $159.62 billion; its shares were traded around $166.89 with a price-earnings ratio of 27.96 and a price-sales ratio of 6.61. The trailing 12-month dividend yield of Eli Lilly And Co. stocks is 1.63%. The forward dividend yield of Eli Lilly And Co. stocks is 1.77%. Eli Lilly And Co. had an annual average earnings growth of 10.20% over the past five years.

Eli Lilly recently announced financial results for the first quarter of 2020. In the first quarter of 2020, worldwide revenue was $5.860 billion, an increase of 15% compared with the first quarter of 2019. Net income and earnings per share were $1.457 billion and $1.60, respectively, compared with net income of $4.242 billion and earnings per share of $4.31 in the first quarter of 2019.

10% Owner Lilly Endowment Inc. sold 166,832 shares of Eli Lilly and Company stock on June 30, 2020 at the price of $163.20 per share. The price of the stock has increased by 2.26% since.

Note: I do not own the stocks discussed

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This article first appeared on GuruFocus.