U.S. Markets closed

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.

KeyCorp (KEYLL) reached the 52-week high of $25.03

With assets over $130 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.


The price of KeyCorp shares has reached $25.03, which is 0.8% off the 52-week high of $25.24. Keycorp has a market cap of $17.44 billion; its shares were traded around $25.03 with a price-earnings ratio of 10.06 and price-sales ratio of 2.90.

KeyCorp recently announced net income from continuing operations attributable to Key common shareholders of $386 million, or 38 cents per common share for the first quarter of 2019, compared to $459 million, or 45 cents per common share, for the fourth quarter of 2018 and $402 million, or 38 cents per common share, for the first quarter of 2018. Key's first quarter of 2019 results included a net impact of 2 cents per common share relating to efficiency initiative expenses.

Waste Connections Inc. (WCN) reached the 52-week high of $92.86

Waste Connections handles collection and disposal of municipal solid waste in secondary markets across the U.S. In addition, the company owns intermodal facilities that operate waste-by-rail fleets to serve franchise markets in the Pacific Northwest. While the majority of the company's operations support the handling of nonhazardous municipal solid waste, the 2012 acquisition of R360 Environmental increased exposure to the oil and gas sector. Additionally, in 2016, Waste Connections combined with Canada's Progressive Waste.

The price of Waste Connections Inc. shares has reached $92.86, which is 0.3% off the 52-week high of $93.10. Waste Connections Inc. has a market cap of $24.36 billion; its shares were traded around $92.86 with a price-earnings ratio of 45.99 and price-sales ratio of 4.92. The trailing 12-month dividend yield of Waste Connections Inc. stocks is 0.67%. The forward dividend yield of Waste Connections Inc. stocks is 0.69%. Waste Connections Inc. had an annual average earnings growth of 9.70% over the past 10 years.

The Company recently reported revenue in the first quarter 2019 totaled $1.245 billion, up from $1.140 billion in the year-ago period. Operating income, which included $16.1 million in impairments and other operating items, was $184.9 million; this compares to $188.7 million in the year-ago period. Net income attributable to Waste Connections in the first quarter was $125.6 million, or 48 cents per share on a diluted basis of 264.3 million shares. In the year-ago period, the company reported net income attributable to Waste Connections of $124.9 million, or 47 cents per share on a diluted basis of 264.6 million shares.

Zoetis Inc. (ZTS) reached the 52-week high of $102.29

Zoetis Inc. sells anti-infectives, vaccines, parasiticides, diagnostics and other health products for animals. The firm earns the majority of its revenue from production animals (cattle, pigs, poultry and so on) but also sells companion animal (dogs, horses and cats) products. The firm has the largest market share in the industry and was previously Pfizer's animal health unit.

The price of Zoetis Inc. shares has reached $102.29, which is 1.6% off the 52-week high of $103.97. Zoetis Inc. has a market cap of $48.96 billion; its shares were traded around $102.29 with a price-earnings ratio of 35.77 and price-sales ratio of 8.39. The trailing 12-month dividend yield of Zoetis Inc. stocks is 0.57%. The forward dividend yield of Zoetis Inc. stocks is 0.64%. Zoetis Inc. had an annual average earnings growth of 19.80% over the past five years.

Zoetis Inc . recently reported its financial results for the first quarter of 2019 and updated its guidance for full-year 2019. The company reported revenue of $1.5 billion for the first quarter of 2019, an increase of 7% compared with the first quarter of 2018. Net income for the first quarter of 2019 was $312 million, or 65 cents per diluted share, a decrease of 11% and 10%, respectively, on a reported basis. Adjusted net income for the first quarter of 2019 was $424 million, or $0.88 per diluted share, an increase of 16% and 17%, respectively, on a reported basis. Adjusted net income for the first quarter of 2019 excludes the net impact of $112 million for purchase accounting adjustments, acquisition-related costs and certain significant items.

Executive Vice President Clinton A. Jr. Lewis sold 6,124 shares of Zoetis stock on April 15, 2019 at the price of $101.60 per share. The price of the stock has increased by 0.68% since.

Coca-Cola European Partners PLC (CCEP) reached the 52-week high of $54.69

Coca-Cola European Partners PLC sells nonalcoholic beverage products in Europe. The company purchases concentrates and syrups from other beverage manufacturers under a license, then produces, packages and distributes the beverages to retailers. It sells the beverages under the licensor's name. The company's primary licensor is The Coca-Cola Co., which generally allows it to exclusively market, produce and distribute Coca-Cola products within specified territories -- Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden. Beverages with the Coca-Cola trademark make up roughly two-thirds of the company's total sales volume

The price of Coca-Cola European Partners PLC shares has reached $54.69, which is 0.3% off the 52-week high of $54.84. Coca-Cola European Partners PLC has a market cap of $25.24 billion; its shares were traded around $54.69 with a price-earnings ratio of 26.32 and price-sales ratio of 2.08. The trailing 12-month dividend yield of Coca-Cola European Partners PLC stocks is 1.69%. The forward dividend yield of Coca-Cola European Partners PLC stocks is 5.07%. Coca-Cola European Partners PLC had an annual average earnings growth of 0.70% over the past five years.

Coca-Cola European Partners PLC recently announced preliminary results for the fourth-quarter and full-year ended Dec. 31, 2018. Highlights for full-year 2018 included:

-Revenue totaled 11.5 billion euros, up 4.0%, or up 4.5% on a foreign currency-neutral basis. Comparable volume decreased 1.0% while revenue per unit case increased 5.5%, reflecting a continued focus on driving sustainable and profitable revenue growth.

-Reported operating profit was 1.3 billion euros, up 3.0%.

-Reported diluted earnings per share were 1.86 euros, or 2.30 euros on a comparable and currency-neutral basis, up 8.5%.

-Free cash flow was 1.1 billion euros.

Highlights for fourth-quarter 2018 included:

-Revenue totaled 2.8 billion euros, up 5.0% on a reported and currency-neutral basis. Comparable volume decreased 2.5% while revenue per unit case increased 6.0%.

-Reported operating profit was 194 million euros, down 2.0%. Comparable operating profit was 362 million euros, up 6.0%, or up 6.5% on a comparable and currency-neutral basis.

-Diluted earnings per share were 28 euro cents on a reported basis or 54 euro cents on a comparable basis.

Johnson Controls International PLC (JCI) reached the 52-week high of $39.68

Johnson Controls is a multi-industrial company that operates two distinct businesses. The building technologies and solutions segment manufactures, installs and services HVAC systems, building management systems and controls, industrial refrigeration systems and fire and security solutions. The power solutions segment manufactures vehicle batteries that are sold to automakers and aftermarket retailers.

The price of Johnson Controls International PLC shares has reached $39.68, which is 1.6% off the 52-week high of $40.33. Johnson Controls International PLC has a market cap of $35.64 billion; its shares were traded around $39.68 with a price-earnings ratio of 15.44 and price-sales ratio of 1.32. The trailing 12-month dividend yield of Johnson Controls International PLC is 2.62%. The forward dividend yield of Johnson Controls International PLC is 2.62%. Johnson Controls International PLC had an annual average earnings growth of 6.20% over the past 10 years.

Johnson Controls International PLC recently reported fiscal second-quarter 2019 GAAP earnings per share from continuing operations, including special items, of 26 cents. Excluding these items, adjusted earnings per share from continuing operations were 32 cents, up 23% versus the prior-year period. Sales of $5.8 billion increased 3% compared to the prior year. Excluding the impacts of M&A and foreign currency, sales grew 6% organically. GAAP earnings before interest and taxes was $419 million and Ebit margin was 7.3%

Executive Vice President and Chief Financial Officer Brian J. Stief sold 126,158 shares of Johnson Controls International stock on May 7, 2019, at the price of $39.09 per share. The price of the stock has increased by 1.51% since.

Note: I do not own the stocks discussed.

Read more here:

5 Companies Achieve Yearly Highs

5 Companies Achieve 52-Week Highs

Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.

This article first appeared on GuruFocus.