Yahoo Finance 5 Companies Reach Yearly Highs
- By yifan900
According to GuruFocus' list , these stocks have reached their 52-week highs.
Bank of America reached the 52-week high of $23.01
Bank of America Corp. (BAC) through its banking and various nonbanking subsidiaries throughout the U.S. and in selected international markets provides a diversified range of banking and nonbanking financial services and products through five business segments namely Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets and Legacy Assets and Servicing.
Warning! GuruFocus has detected 4 Warning Sign with BAC. Click here to check it out.
The intrinsic value of BAC
Consumer Banking offers a diversified range of credit, banking and investment products and services to consumers and small businesses. Consumer Banking product offerings include traditional savings accounts, money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, investment accounts and products.
The price of Bank of America shares has reached $23.01, which is 1.7% off the 52-week high of $23.41. Bank of America has a market cap of $232.52 billion; its shares were traded around $23.01 with a price-earnings (P/E) ratio of 18.26 and price-sales (P/S) ratio of 3.14. Bank of America's trailing 12-month dividend yield is 1.09%. The forward dividend yield is 1.30%. Bank of America had an annual average earnings growth of 52.30% over the past five years.
Bank of America reported that revenue, net of interest expense, increased 2% to $20.0 billion from $19.6 billion for the fourth quarter of 2016. Net interest income (NII) increased 6% to $10.3 billion, reflecting benefits from higher interest rates as well as growth in loans and deposits, partially offset by $200 million in market-related debt hedge ineffectiveness(A). Excluding adjustments for certain trust preferred securities in fourth-quarter 2015, NII was relatively flat(A). Noninterest income decreased 2% to $9.7 billion from $9.9 billion.
STMicroelectronics reached the 52-week high of $11.63
STMicroelectronics NV (STM) is a semiconductor company that designs, develops, manufactures and markets semiconductor products used in different microelectronic applications including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. The business is based on different product segments: Sense & Power and Automotive Products (SP&A) and Embedded Processing Solutions (EPS). The Sense & Power and Automotive Products segment includes the automotive (APG) product line which refers to digital and mixed signal devices. Company operations are subject to environmental, health and safety regulations.
The price of STMicroelectronics shares has reached $11.63, which is 0.3% off the 52-week high of $11.67. STMicroelectronics has a market cap of $10.27 billion; its shares were traded around $11.63 with a P/E ratio of 137.25 and P/S ratio of 1.59. STMicroelectronics' trailing 12-month dividend yield is 2.41%. The forward dividend yield is 2.06%.
STMicroelectronics reported third-quarter net revenues totaled $1.80 billion, gross margin was 35.8%, and net earnings were $71 million or 8 cents per share. Revenue growth also brought improved operating profitability, with a third quarter operating margin before impairment and restructuring of 6.6%.
Check Point Software Technologies reached the 52-week high of $90.71
Check Point Software Technologies Ltd. (CHKP) develops and markets software and combined hardware and software products and services for information technology security. It offers its customers a portfolio of network security, endpoint security, data security and management solutions. Its solutions operate under a unified security architecture that enables end-to-end security with a single line of unified security gateways and allows a single agent for all endpoint security that can be managed from a single unified management console. Its Open Platform for Security framework allows customers to extend the capabilities of its products and services with third-party hardware and security software applications. Check Point's products are sold, integrated and serviced by a network of partners.
The price of Check Point shares has reached $90.71, which is 1.7% off the 52-week high of $92.23. Check Point has a market cap of $15.87 billion; its shares were traded around $90.71 with a P/E ratio of 22.85 and P/S ratio of 9.37. Check Point had an annual average earnings growth of 15.20% over the past 10 years. GuruFocus gave Check Point Software Technologies the business predictability ranking of 4 stars .
Check Point reported that total revenue was $428 million for the third quarter of 2016 compared to $404 million in the third quarter of 2015. GAAP operating income was $206 million compared to $205 million in the third quarter of 2015. Non-GAAP operating income was $231 million compared to $228 million in the third quarter of 2015. GAAP net income was $170 million compared to $168 million in the third quarter of 2015. GAAP earnings per diluted share were 99 cents compared to 92 cents in the third quarter of 2015. Non-GAAP net income was $194 million compared to $188 million in the third quarter of 2015. Non-GAAP earnings per diluted share were $1.13 compared to $1.04 in the third quarter of 2015.
The Hartford Financial Services Group reached the 52-week high of $48.33
The Hartford Financial Services Group Inc. (HIG) is an insurance and financial services company, provides property and casualty insurance and investment products to both individual and business customers in the U.S. The Hartford sells products through multiple distribution channels to consumers and businesses. Its operating business segments are Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Mutual Funds and Talcott Resolution.
The Commercial Lines provides workers' compensation, property, automobile, marine, livestock, liability and umbrella coverages throughout the U.S. The Personal Lines segment provides standard automobile, homeowners and personal umbrella coverages to individuals across the U.S., including a special program designed exclusively for members of AARP. The Property & Casualty Other Operations segment includes certain property and casualty operations, managed by The Hartford that have discontinued writing new business and includes substantially all of the company's asbestos and environmental exposures. The Group Benefits segment provides employers, associations and financial institutions. Insurance companies are subject to comprehensive and detailed regulation and supervision throughout the U.S.
The price of The Hartford shares has reached $48.33, which is 1.2% off the 52-week high of $48.91. The Hartford has a market cap of $18.04 billion; its shares were traded around $48.33 with a P/E ratio of 13.93 and P/S ratio of 1.07. The Hartford's trailing 12-month dividend yield is 1.78%. The forward dividend yield is 1.90%. The Hartford had an annual average earnings growth of 6.20% over the past five years.
The company reported a net income of $438 million in third-quarter 2016, an increase of 15% from third-quarter 2015. Core earnings was $413 million in third-quarter 2016, an increase of 13% from third-quarter 2015. Third-quarter 2016 net income per diluted share was $1.12 and core earnings per diluted share was $1.06, increases of 24% and 23% compared with 90 cents and 86 cents in third-quarter 2015. The increases resulted from higher net income and core earnings compared with third quarter 2015, combined with an 8% decrease in weighted average diluted common shares outstanding. During the past four quarters, the company repurchased 34.5 million common shares for a total of $1.5 billion.
MasterCard reached the 52-week high of $108.70
MasterCard Inc. (MA) is a technology company in the payments industry that connects consumers, financial institutions, merchants, governments and businesses, enabling them to use electronic forms of payment instead of cash and checks. It facilitates the processing of payment transactions including authorization, clearing and settlement and deliver related products and services. It makes payments easier and more efficient by creating payment solutions and services using its family of brands including MasterCard, Maestro and Cirrus. MasterCard also provides value-added offerings such as loyalty and reward programs, information services and consulting. Its network is designed to ensure safety and security for the payments system.
The price of MasterCard shares has reached $108.70, which is 0.6% off the 52-week high of $109.40. MasterCard has a market cap of $118.44 billion; its shares were traded around $108.70 with a P/E ratio of 30.03 and P/S ratio of 11.46. MasterCard's trailing 12-month dividend yield is 0.73%. The forward dividend yield is 0.81%. MasterCard had an annual average earnings growth of 18.60% over the past 5 years.
For the third quarter of 2016 MasterCard reported net income of $1.2 billion, an increase of 21% versus the year-ago period, or 15% excluding a special item related to the termination of the U.S. employee pension plan taken in last year's third quarter. Earnings per diluted share were $1.08, up 26%, or 19% excluding the special item. Net revenue for the third quarter of 2016 was $2.9 billion, a 14% increase versus the same period in 2015.
Note: I do not own these stocks.
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This article first appeared on GuruFocus.
Warning! GuruFocus has detected 4 Warning Sign with BAC. Click here to check it out.
The intrinsic value of BAC
