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5 Companies Hit 52-Week Highs

- By yifan900

According to GuruFocus list of 52-week highs , these Guru stocks have reached their 52-week highs.

Harris Corp. (HRS) reached the 52-Week High of $145.89


Harris Corp. develops, manufactures and sells technology-based solutions that serve government and commercial customers' mission-critical challenges. It is a provider of electronic systems with applications in defense, civil government and commercial applications. The U.S. government and its contractors are the firm's largest customers. Its products include communications systems, serving defense and public safety networks; space and intelligence systems, providing Earth observation, environmental and geospatial solutions; and critical networks, for use in air traffic management, energy and maritime communications, and ground network operations. A large majority of the firm's revenue is generated in the U.S.

The price of Harris Corp. shares has reached $145.89, which is 1.9% off the 52-week high of $148.73. Harris Corp. has a market cap of $17.39 billion, with a P/E ratio of 32.56 and P/S ratio of 2.93. The trailing 12-month dividend yield of Harris Corp. stocks is 1.51%. The forward dividend yield of Harris Corp. stocks is 1.56%. Harris Corp. had an annual average earnings growth of 6.5% over the past 10 years.

Harris Corp. recently reported fiscal 2018 first quarter revenue of $1.41 billion, flat compared with prior year. Earnings per diluted share from continuing operations increased to $1.38 from $1.16 (GAAP) and $1.28 (non-GAAP). Operating margin expanded to 19.2% from 17.3% (GAAP) and 18.5% (non-GAAP).

Dover Corp (DOV) reached the 52-week high of $104.41

Dover is an industrial conglomerate that operates four business segments: engineered systems (33%), energy (16%), fluids (30%) and refrigeration and food equipment (21%). Although it's headquartered in North America, the company generates a little over 40% of its sales from international markets.

The price of Dover Corp. (DOV) shares has reached $104.41, which is 0.5% off the 52-week high of $104.95. Dover Corp. has a market cap of $16.27 billion, with a P/E ratio of 24.28 and P/S ratio of 2.16. The trailing 12-month dividend yield of Dover Corp. stocks is 1.74%. The forward dividend yield of Dover Corp stocks is 1.8%. Dover Corp. had an annual average earnings growth of 4.7% over the past 10 years. GuruFocus rated Dover Corp. the business predictability rank of 2.5-star .

Dover announced recently that for the third quarter ended Sept. 30, 2017, revenue was $2.0 billion, an increase of 17% from the prior year. Net earnings were $178.9 million, an increase of 38% as compared to $130.1 million for the prior year period. Diluted net earnings per share for the third quarter ended Sept. 30, 2017, were $1.14, compared to $0.83 in the prior-year period, representing an increase of 37%.

Agrium Inc. (AGU) reached the 52-week high of $115.00

Agrium Inc. is a retail supplier of agricultural products and services in North and South America and producer and marketer of agricultural nutrients and industrial products. With more than 1,400 retail centers, Canada-based Agrium is the largest agricultural retailer in the U.S., selling fertilizers, crop chemical, and seed directly to farm customers. The company's wholesale business produces and markets the three main crop nutrients -- nitrogen, potash, and phosphate -- with natural resources located mainly in Canada and the U.S. The bulk of Agrium's sales are generated in the U.S., Canada and Australia.

The price of Agrium Inc. shares has reached $115.00, which is -1.5% off the 52-week high of $113.25. Agrium Inc. has a market cap of $15.84 billion, with a P/E ratio of 39.72 and P/S ratio of 1.09. The trailing 12-month dividend yield of Agrium Inc. stocks is 3.04%. The forward dividend yield of Agrium Inc. stocks is 3.04%. Agrium Inc. had an annual average earnings growth of 16.10% over the past 10 years.

Agrium Inc. announced recently its 2017 third quarter results, with a net loss from continuing operations of $69 million (52 centst diluted loss per share) compared to a net loss from continuing operations of $38 million (28 cents diluted loss per share) in the third quarter of 2016.

A.O. Smith Corp. (AOS) reached the 52-week high of $67.04

A.O. Smith Corp. manufactures and markets water heaters and boilers for residential and commercial end markets. The company has two reporting segments, North America and Rest of World.

The price of A.O. Smith Corp. shares has reached $67.04, which is 0.0% off the 52-week high of $67.05. A.O. Smith Corp has a market cap of $11.53 billion, with a P/E ratio of 32.86 and P/S ratio of 4.01. The trailing 12-month dividend yield of A.O. Smith Corp. stocks is 0.84%. The forward dividend yield of A.O. Smith Corp. stocks is 0.84%. A.O. Smith Corp. had an annual average earnings growth of 12.3% over the past 10 years.

The company recently reported sales in the quarter ended Sept. 30, 2017, increased nearly 10% to $749.9 million compared with sales of $683.9 million during the same period in 2016. Third quarter sales for the North America segment, which include U.S. and Canadian water heaters, boilers and water treatment products, increased 8% to $486.0 million compared with third quarter 2016 sales of $450.8 million. North America segment earnings of $110.3 million were 10% higher than the $100.5 million earned in the third quarter of the prior year. Sales for the Rest of the World segment, which is primarily comprised of China, Europe and India, increased approximately 12% in the third quarter of 2017 to $270.1 million compared with the year-ago quarter.

Masco Corp. (MAS) reached the 52-week high of $45.90

Masco Corp. provides homebuilding solutions in the U.S. Its array of products entails faucets, shower heads, paints and coatings. Masco is a global leader in home improvement and building products. The company's $3.5 billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, shower heads and other related plumbing components. The $2.1 billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands. The $1.0 billion cabinet segment sells cabinetry under various brands such as KraftMaid and Merillat. The $0.8 billion windows and other specialty segment primarily sells windows under the Milgard brand.

The price of Masco Corp. shares has reached $45.90, which is 1.2% off the 52-week high of $46.45. Masco Corp. has a market cap of $14.44 billion, with a P/E ratio of 27.32 and P/S ratio of 1.95. The trailing 12-month dividend yield of Masco Corp. stocks is 0.89%. The forward dividend yield of Masco Corp. stocks is 0.92%. Masco Corp. had an annual average earnings growth of 47.90% over the past five years.

Masco Corp. recently reported that in the third quarter of 2017, s ales increased 3% to $1.9 billion; in local currency, sales increased 2%. Operating profit for the quarter grew 10% to $295 million; adjusted operating profit grew 8% to $296 million. Earnings per share for the quarter grew 15% to 46 cents per common share; adjusted earnings per share grew 22% to 50 cents per common share.

Note: I do not own these stocks.

This article first appeared on GuruFocus.