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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.

Public Service Enterprise Group Inc. (PEG) reached the 52-week high of $57.30


Public Service Enterprise Group Inc. operates in the utilities sector. Its primary business involves the production and transmission of power. Public Service Enterprise Group is the holding company for a regulated utility (PSE&G), a merchant power generation owner (PSEG Power), and an energy investment firm (Energy Holdings). PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4 million customers. PSEG Power owns and operates merchant power plants in the Mid-Atlantic, New York, and the Northeast. Energy Holdings invests in energy-related assets worldwide. PSEG also operates the Long Island Power Authority system.

The price of Public Service Enterprise Group Inc. shares has reached $57.30, which is 0.6% off the 52-week high of $57.63. Public Service Enterprise Group Inc. has a market cap of $28.96 billion; its shares were traded around $57.30 with a price-earnings ratio of 13.26 and price-sales ratio of 3.12. The trailing 12-month dividend yield of Public Service Enterprise Group Inc. stocks is 3.14%. The forward dividend yield of Public Service Enterprise Group Inc. stocks is 3.28%. Public Service Enterprise Group Inc. had an annual average earnings growth of 0.30% over the past 10 years.

Public Service Enterprise Group reported recently net income for the third quarter of 2018 of $412 million, or 81 cents per share as compared to net income of $395 million, or 78 cents per share, in the third quarter of 2017. Non-GAAP operating earnings for the third quarter of 2018 were $481 million, or 95 cents per share, compared to non-GAAP operating earnings for the third quarter of 2017 of $417 million, or 82 cents per share.

Chairman, President and CEO Ralph Izzo sold 52,407 shares of Public Service Enterprise Group stock on Feb. 1, 2019, at the price of $54.31 per share. The price of the stock has increased by 5.51% since.

Eli Lilly and Co. (LLY) reached the 52-week high of $124.00

Eli Lilly and Co. is a pharmaceutical company with a focus on neuroscience, endocrinology, oncology and immunology. It discovers, develops, manufactures and sells human pharmaceutical products and animal health products. Eli Lilly is a pharmaceutical company with a focus on neuroscience, endocrinology, oncology and immunology. Lilly's key products include Alimta for cancer; Forteo for osteoporosis; Jardiance, Trulicity, Humalog and Humulin for diabetes; and Cialis for erectile dysfunction. Also, Lilly holds a strong position in the animal health care market.

The price of Eli Lilly and Co. shares has reached $124.00, which is 0.6% off the 52-week high of $124.74. Eli Lilly and Co. has a market cap of $128.39 billion; its shares were traded around $124.00 with a price-earnings ratio of 39.62 and price-sales ratio of 5.21. The trailing 12-month dividend yield of Eli Lilly and Co. is 1.88%. The forward dividend yield of Eli Lilly and Co. is 2.08%.

The company has recently reported results for the fourth quarter of 2018. Worldwide revenue was $6.439 billion, an increase of 5% compared with the fourth quarter of 2017. Gross margin increased 7% to $4.845 billion in the fourth quarter of 2018 compared with the fourth quarter of 2017. Operating income in the fourth quarter of 2018 was $954.2 million, compared to $172.2 million in the fourth quarter of 2017.

10% Owner Endowment Inc. Lilly sold 205,000 shares of Eli Lilly and Co. stock on Feb. 19, 2019, at the price of $122.48 per share. The price of the stock has increased by 1.24% since.

Nike Inc. (NKE) reached the 52-week high of $84.76

Nike Inc. designs, develops and markets footwear, apparel, equipment and accessory products. It is a seller of athletic footwear and athletic apparel. It sells its products through NIKE-owned in-line and factory retail stores and internet websites. Nike is the world's largest designer and wholesaler of athletic footwear and apparel. The firm sells to more than 50,000 retail accounts through a network of more than 1,142 company-owned stores (about 30% of revenue including online sales), and independent distributors and licensees in 170 countries. Nike brand sales in North America account for 43% of revenue, followed by Western Europe (18%), emerging markets (12%) and China (13%), with the remainder from Japan and Central and Eastern Europe. The Converse brand accounts for 6% of sales.

The price of Nike Inc. shares has reached $84.76, which is 1.5% off the 52-week high of $86.04. Nike Inc. has a market cap of $133.4 billion; its shares were traded around $84.76 with a price-earnings ratio of 64.70 and price-sales ratio of 3.63. The trailing 12-month dividend yield of Nike Inc. is 0.97%. The forward dividend yield of Nike Inc. is 1.04%. Nike Inc. had an annual average earnings growth of 10.30% over the past 10 years. GuruFocus rated Nike Inc. the business predictability rank of 5-star .

Nike Inc. recently reported financial results for its fiscal 2018 fourth quarter and full year ended May 31, 2018. Fourth quarter revenue increased 13% to $9.8 billion driven by strong double-digit revenue growth in international markets and NIKE Direct globally, and a return to growth in North America. Diluted earnings per share for the fourth quarter rose 15% to 69 cents.

Chairman, President and CEO Mark G. Parker sold 150,000 shares of Nike stock on Feb. 5, 2019, at the price of $82 per share. The price of the stock has increased by 3.37% since.

Twenty-First Century Fox Inc. (FOXA) reached the 52-week high of $51.17

Twenty-First Century Fox Inc. is a diversified media and entertainment company. It operates in various business segments namely Cable Network Programming, Television, Filmed Entertainment, and Direct Broadcast Satellite Television. Twenty-First Century Fox Inc. is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-tv provider in Europe.

The price of Twenty-First Century Fox Inc. shares has reached $51.17, which is 0.0% off the 52-week high of $51.17. Twenty-First Century Fox Inc. has a market cap of $94.75 billion; its shares were traded around $51.17 with a price-earnings ratio of 6.87 and price-sales ratio of 3.07. The trailing 12-month dividend yield of Twenty-First Century Fox Inc. is 0.70%. The forward dividend yield of Twenty-First Century Fox Inc. is 0.70%.

Twenty-First Century Fox Inc. recently reported financial results for the three months ended Dec. 31, 2018. The company reported quarterly income from continuing operations attributable to 21st Century Fox stockholders of $10.83 billion ($5.81 per share) compared to $1.84 billion ($0.99 per share) reported in the prior-year quarter. The company reported total quarterly revenues of $8.50 billion, a 6% increase from the $8.04 billion of revenues reported in the prior-year quarter. Quarterly income from continuing operations before income tax benefit increased to $11.55 billion from the $703 million reported in the prior-year quarter.

Paychex Inc. (PAYX) reached the 52-week high of $75.89

Paychex Inc. operates in payroll outsourcing industry. The company provides integrated payroll, human resource, insurance and benefits outsourcing solutions for small and medium-sized businesses in the U.S. Paychex competes in the payroll outsourcing industry. It is the second-largest player in terms of revenue and focuses on providing this service to small and midsize businesses. Paychex was created from the consolidation of 17 payroll processors in 1979 and services about 590,000 clients. The firm has almost 13,000 employees and is based in Rochester, New York.

The price of Paychex Inc. shares has reached $75.89, which is 0.2% off the 52-week high of $76.07. Paychex Inc. has a market cap of $27.25 billion; its shares were traded around $75.89 with a price-earnings ratio of 28.42 and price-sales ratio of 7.93. The trailing 12-month dividend yield of Paychex Inc. is 2.95%. The forward dividend yield of Paychex Inc. is 2.95%. Paychex Inc. had an annual average earnings growth of 6.90% over the past 10 years. GuruFocus rated Paychex Inc. the business predictability rank of 4-star .

Paychex Inc. recently announced total revenue of $858.9 million for the three months ended Nov. 30, 2018, an increase of 7% from $803.0 million for the same period last year. Net income increased 19% to $235.8 million and diluted earnings per share increased 18% to 65 cents per share for the second quarter. Adjusted net income and adjusted diluted earnings per share each increased 20% to $235.3 million and 65 cents per share, respectively, for the second quarter.

CEO and President Martin Mucci sold 50,000 shares of Paychex stock on Feb. 15, 2019, at the price of $76 per share. The price of the stock has decreased by 0.14% since.

Note: I do not own the stocks discussed.

This article first appeared on GuruFocus.