5 Companies Hit 52-Week Highs

GuruFocus.com
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- By yifan900

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

AvalonBay Communities Inc. (AVB) reached the 52-week high of $185.79


AvalonBay Communities Inc. operates in the real estate sector. As an investment trust, it develops multifamily communities in the U.S. AvalonBay Communities owns or has an interest in 285 apartment communities, with nearly 84,000 apartment units throughout 10 states and Washington, D.C., 27 communities under development, and billions of dollars' worth of cost in its potential pipeline.

The price of AvalonBay Communities Inc. shares has reached $185.79, which is 1.5% off the 52-week high of $188.60. Avalonbay Communities Inc. has a market cap of $25.68 billion; its shares were traded around $185.79 with a price-earnings ratio of 31.07 and price-sales ratio of 11.36. The trailing 12-month dividend yield of Avalonbay Communities Inc. stocks is 3.14%. The forward dividend yield of Avalonbay Communities Inc. stocks is 3.16%. Avalonbay Communities Inc. had an annual average earnings growth of 6.30% over the past 10 years.

AvalonBay Communities Inc. reported recently that Net Income Attributable to Common Stockholders for the three months ended Sept. 30, 2018, was $192,486,000. This resulted in a decrease in diluted earnings per Share of 19.2% to $1.39 for the three months ended Sept. 30, 2018, from $1.72 for the prior year period. Funds from Operations attributable to common stockholders per share for the three months ended Sept. 30, 2018 decreased 3.4% to $2.26 from $2.34 for the prior year period. Core FFO per share for the three months ended Sept. 30, 2018 increased 4.1% to $2.28 from $2.19 for the prior year period.

Executive Vice President William M. Mclaughlin sold 23,302 shares of AvalonBay Communities stock on Nov. 20, 2018 at the price of $186.87 per share. The price of the stock has decreased by 0.58% since.

Red Hat Inc. (RHT) reached the 52-week high of $175.15

Red Hat Inc. is a software company operating business across the world. It is primarily engaged in providing services to its version of the open-source Linux software operating systems, middleware, storage, virtualization and management tools. Red Hat provides services for its version of the open-source (free from licensing costs) Linux software operating systems, middleware, storage, virtualization and management tools. The company reports revenue through two categories: subscriptions and training, and services. The Americas contributed 60% of total revenue in fiscal 2015; Europe, the Middle East, and Africa contributed 25%; and Asia-Pacific contributed 15%.

The price of Red Hat Inc. shares has reached $175.15, which is 1.5% off the 52-week high of $177.70. Red Hat Inc. has a market cap of $30.92 billion; its shares were traded around $175.15 with a price-earnings ratio of 115.99 and price-sales ratio of 10.43. Red Hat Inc. had an annual average earnings growth of 15.60% over the past 10 years. GuruFocus rated Red Hat Inc. the business predictability rank of 4.5-star .

The company has recently reported third-quarter 2018 results. Total revenue for the quarter was $823 million, up 14% in USD year-over-year, or 14% measured in constant currency. GAAP operating income for the quarter was $135 million. Non-GAAP operating income for the second quarter was $197 million, up 3% year-over-year. For the second quarter, GAAP operating margin was 16.4% and non-GAAP operating margin was 23.9%. GAAP net income for the quarter was $87 million, or 46 cents diluted earnings per share, compared with GAAP net income of $97 million, or 53 cents diluted earnings per share, in the year-ago quarter.

Republic Services Inc. (RSG) reached the 52-week high of $75.86

Republic Services Inc. is the provider of solid waste management services in the United States. In addition, the company operates landfill gas-to-energy projects, as well as an exploration and production waste business. Republic Services is the second-largest provider of solid waste management services in the U.S., with operations in 40 states and Puerto Rico. The company operates 343 collection companies, 204 transfer stations, 90 recycling centers, and 195 active solid waste landfills. In addition, the company operates landfill gas-to-energy projects, as well as an exploration and production waste business.

The price of Republic Services Inc. shares has reached $75.86, which is 1.9% off the 52-week high of $77.33. Republic Services Inc. has a market cap of $24.62 billion; its shares were traded around $75.86 with a price-earnings ratio of 18.06 and price-sales ratio of 2.49. The trailing 12-month dividend yield of Republic Services Inc. stocks is 1.86%. The forward dividend yield of Republic Services Inc. stocks is 1.98%. Republic Services Inc. had an annual average earnings growth of 6.20% over the past 10 years. GuruFocus rated Republic Services Inc. the business predictability rank of 4.5-star .

Republic Services Inc. recently reported net income of $263.4 million, or $0.81 per diluted share, for the three months ended Sept. 30, 2018, versus $223.2 million, or 66 cents per diluted share, for the comparable 2017 period. Excluding certain gains and expenses, on an adjusted basis, net income for the three months ended Sept. 30, 2018, was $269.0 million, or 82 cents per diluted share, versus $225.2 million, or 67 cents per diluted share, for the comparable 2017 period.

Director Jennifer M Kirk bought 1,500 shares of Republic Services stock on Oct. 31, 2018, at the price of $72.35 per share. The price of the stock has increased by 4.85% since.

Prologis Inc. (PLD) reached the 52-week high of $66.96

Prologis Inc. is a real estate investment trust that develops, acquires and operates industrial and logistics facilities across over 18 countries. It operates in two business segments that are Real Estate Operations and Strategic Capital. Prologis was formed by the June 2011 merger of AMB Property and ProLogis Trust. The company develops, acquires, and operates approximately 687 million square feet of high-quality industrial and logistics facilities in 19 countries. The company is organized into four global divisions (Americas, Europe, Asia and Other Americas) and operates as a real estate investment trust.

The price of Prologis Inc. shares has reached $66.96, which is 1.9% off the 52-week high of $68.20. Prologis Inc. has a market cap of $42.15 billion; its shares were traded around $66.96 with a price-earnings ratio of 27.33 and price-sales ratio of 14.46. The trailing 12-month dividend yield of Prologis Inc. stocks is 2.81%. The forward dividend yield of Prologis Inc. stocks is 2.87%. Prologis Inc. had an annual average earnings growth of 17.30% over the past five years.

Prologis Inc. recently reported results for the third quarter of 2018. Net earnings per diluted share was $0.60 compared with $1.63 for the third quarter of 2017. The prior period included $585 million or $1.08 per diluted share of higher gains on dispositions. Core funds from operations per diluted share was 72 cents compared with 67 cents for the same period in 2017.

Director Philip L Hawkins sold 15,000 shares of Prologis stock on Nov. 9, 2018, at the price of $67.23 per share. The price of the stock has decreased by 0.4% since.

United Continental Holdings Inc. (UAL) reached the 52-week high of $94.84

United Continental Holdings Inc. is a holding company. It transports people and cargo through its mainline and regional operations. United Airlines operates more than 4,500 flights a day to five continents. United's hubs include San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark and Washington, D.C. United operates more than 744 mainline aircraft. The airline is a member of the Star Alliance, which provides service to 192 countries via member airlines. In 2017, the carrier had $37.7 billion in revenue, of which $32.4 billion was passenger revenue.

The price of United Continental Holdings Inc. shares has reached $94.84, which is 0.3% off the 52-week high of $95.08. United Continental Holdings Inc. has a market cap of $25.84 billion; its shares were traded around $94.84 with a price-earnings ratio of 11.87 and price-sales ratio of 0.66. United Continental Holdings Inc. had an annual average earnings growth of 34.10% over the past five years.

United Airlines recently announced its third-quarter 2018 financial results, reporting third-quarter net income of $836 million, diluted earnings per share of $3.06, pre-tax earnings of $1.1 billion and pre-tax margin of 9.6%. Tropical storms across the system are estimated to have reduced diluted earnings per share by approximately 7 cents. Third-quarter diluted earnings per share increased 42% year-over-year. The company recaptured approximately 100% of its year-over-year fuel expense increase in the third quarter.

Note: I do not own these stocks.

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5 Companies Hit 52-Week Highs

This article first appeared on GuruFocus.


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