Several Companies Reach 52-Week Highs

GuruFocus.com
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- By yifan900

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

Kraft Heinz reached the 52-week high of $88.94

The Kraft Heinz Co. (KHC) is a consumer packaged food and beverage company in North America. It manufactures and markets food and beverage products, including cheese, meats, refreshment beverages, coffee, packaged dinners, refrigerated meals, snack nuts, dressings and other grocery products, in the U.S. and Canada, under a host of iconic brands. Its product categories span breakfast, lunch and dinner meal occasions.


The company has six reportable segments: Cheese, Refrigerated Meals, Beverages, Meals & Desserts, Enhancers & Snack Nuts and Canada. Its remaining businesses, including its Foodservice and Exports businesses, are aggregated and disclosed as Other Businesses.

The price of Kraft Heinz shares has reached $88.94, which is 1.8% off the 52-week high of $90.54. Kraft Heinz has a market cap of $108.3 billion; its shares were traded around $88.94 with a price-earnings (P/E) ratio of 54.90 and price-sales (P/S) ratio of 3.51. Kraft Heinz's trailing 12-month dividend yield is 2.61%. The forward dividend yield is 2.70%.

Net sales for the second quarter were $6.8 billion, down 4.7% versus pro forma net sales for the year-ago period. Adjusted earnings per share were 85 cents, up 39.3% from 2015.

Activision Blizzard reached the 52-week high of $44.42

Activision Blizzard Inc. (ATVI) is an online, personal computer, video game console, tablet, handheld and mobile game publisher.

It has three operating segments, two being Activision Publishing Inc. and Blizzard Entertainment Inc. Activision Publishing is an international developer and publisher of interactive software products and content, including games from the "Call of Duty" and "Skylanders" franchises. It develops games based on internally developed properties as well as some licensed intellectual properties. It sells games through both retail channels and digital downloads. Activision offers games that operate on many different game systems.

The price of Activision Blizzard shares has reached $44.42, which is 0.8% off the 52-week high of $44.76. Activision Blizzard has a market cap of $32.94 billion; its shares were traded around $44.42 with a P/E ratio of 44.42 and P/S ratio of 6.16. Activision Blizzard's trailing 12-month dividend yield is 0.59%. The forward dividend yield is 0.59%. Activision Blizzard had an annual average earnings growth of 19.10% over the past 10 years. GuruFocus rated Activision Blizzard the business predictability rank of 3.5-star.

Activision Blizzard's net revenues presented in accordance with Generally Accepted Accounting Principles (GAAP) were a second-quarter record $1.57 billion compared with $1.04 billion for the second quarter of 2015, an increase of 50%. GAAP net revenues from digital channels were an all-time quarterly record of $1.14 billion, up 23% quarter over quarter and 101% year overyear. GAAP earnings per diluted share were 17 cents compared with 29 cents for the second quarter of 2015.

CFO Dennis M. Durkin sold 119,937 shares on Aug. 30 for $41.33 per share. The price of the stock has increased by 7.48% since.

International Paper reached the 52-week high of $49.19

International Paper Co. (IP) is a paper and packaging company with markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. It operates approximately 24 pulp, paper and packaging mills, 169 converting and packaging plants, 16 recycling plants and three bag facilities. The company's businesses are separated into three segments namely Industrial Packaging, Printing Papers, and Consumer Packaging.

The price of International Paper shares has reached $49.19, which is 1.4% off the 52-week high of $49.86. International Paper has a market cap of $20.23 billion; its shares were traded around $49.19 with a P/E ratio of 26.30 and P/S ratio of 0.95. International Paper's trailing 12-month dividend yield is 3.58%. The forward dividend yield is 3.58%. International Paper had an annual average earnings growth of 3.90% over the past 10 years.

The company recently reported second quarter net earnings of $40 million (10 cents per share) compared with net earnings of $334 million (81 cents per share) in the first quarter and net earnings of $227 million (54 cents per share) in the second quarter of 2015. Meanwhile, net sales were $5.3 billion in the second quarter compared with $5.1 billion in the first quarter and $5.7 billion in the second quarter of 2015.

Operating Earnings in the second quarter totaled $379 million (92 cents per share) compared with $330 million (80 cents per share) in the first quarter and $409 million (97 cents per share) in the second quarter of 2015.

Hewlett Packard Enterprise reached the 52-week high of $22.26

Hewlett Packard Enterprise Co. (HPE) provides servers, storage, networking and technology services.

The company's business segments are Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. Its operations are subject to regulation under various federal, state, local and foreign laws concerning the environment, including laws addressing the discharge of pollutants into the air and water, the management and disposal of hazardous substances and wastes and the cleanup of contaminated sites.

The price of Hewlett Packard Enterprise shares has reached $22.26, which is 0.3% off the 52-week high of $22.32. Hewlett Packard Enterprise has a market cap of $37.07 billion; its shares were traded around $22.26 with a P/E ratio of 9.31 and P/S ratio of 0.77. The trailing 12-month dividend yield of Hewlett Packard Enterprise stocks is 0.74%. The forward dividend yield of Hewlett Packard Enterprise stocks is 0.99%.

The company reported that for the fiscal third quarter, GAAP diluted net earnings per share (EPS) was $1.32, up from 13 cents in the prior-year period. Third quarter non-GAAP diluted net EPS was 49 cents, up from adjusted non-GAAP diluted net EPS of 45 cents in the prior-year period. Meanwhile, net revenue was $12.2 billion, down 6% from the prior-year period.

Pharmacyclics reached the 52-week high of $261.25

Pharmacyclics Inc. (PCYC) is a biopharmaceutical company, engaged in developing and commercializing novel therapies for the treatment of cancer and immune-mediated diseases. The company has contracted with a third-party logistics company to warehouse IMBRUVICATM and distribute it to wholesalers, distributors, pharmacies, hospitals, and other drug suppliers that ultimately distribute IMBRUVICATM directly to patients. The Company's competitors include pharmaceutical and biotechnology companies, clinical reference laboratories and government agencies, as well as academic research institutions that are pursuing research activities similar to the company.

The price of Pharmacyclics shares has reached $261.25, which is 0.2% off the 52-week high of $261.68. Pharmacyclics has a market cap of $20.14 billion; its shares were traded around $261.25 .

Total revenue for the first quarter that ended on March 31 increased to $206 million from $119 million the previous year. Non-GAAP net income for the quarter ended March 31, 2015 was $34 million, or 43 cents per diluted share, compared to a non-GAAP net income of $31 million, or 40 cents per diluted share the previous year.

Disclosure: I do not own these stocks.

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