52-Week High Companies: PFE, D, PGN, FE

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Jul 02, 2012
According to GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs: Pfizer Inc. (PFE, Financial), Dominion Resources Inc. (D, Financial), Progress Energy Inc. (PGN, Financial) and FirstEnergy Corp. (FE, Financial).


Pfizer Inc. (PFE) Reached the 52-Week High of $23



Pfizer Inc. is a research-based, global pharmaceutical company that discovers and develops innovative, value-added products that improve the quality of life of people around the world and help them enjoy longer, healthier, and more productive lives. Pfizer Inc. has a market cap of $170.21 billion; its shares were traded at around $23 with a P/E ratio of 9.9 and P/S ratio of 2.5. The dividend yield of Pfizer Inc. stocks is 3.9%. Pfizer Inc. had an annual average earnings growth of 0.5% over the past 10 years.


On May 1, Pfizer Inc. reported financial results for first-quarter 2012. First-quarter 2012 revenues were $15.4 billion, a decrease of 7% compared with $16.5 billion in the year-ago quarter, which reflects an operational decline of $1.0 billion, or 6%, and the unfavorable impact of foreign exchange of $57 million, or less than 1%. For first-quarter 2012, U.S. revenues were $6.0 billion, a decrease of 15% compared with the year-ago quarter.


In May, Executive Vice President Douglas M. Lankler sold 19,670 shares of PFE stock. Executive Vice President Charles H. Hill, Senior Vice President and Controller Loretta V. Cangialosi, and Executive Vice President Kristin C. Peck sold shares in March.


Dominion Resources Inc. (D) Reached the 52-Week High of $54



Dominion has one of the larger British Thermal Unit production capability among integrated utilities in the northeast quadrant of the United States. Dominion Resources Inc. has a market cap of $30.64 billion; its shares were traded at around $54 with a P/E ratio of 18.1 and P/S ratio of 2.1. The dividend yield of Dominion Resources, Inc. stocks is 3.9%. Dominion Resources Inc. had an annual average earnings growth of 3.5% over the past 10 years.


On April 26, Dominion Inc. today announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (GAAP) for the three months ended March 31, 2012, of $494 million ($0.86 per share), compared with reported earnings of $479 million ($0.82 per share) for the same period in 2011. Operating earnings for the three months ended March 31, 2012, amounted to $487 million ($0.85 per share), compared to operating earnings of $541 million ($0.93 per share) for the same period in 2011. Operating earnings are defined as reported (GAAP) earnings adjusted for certain items.


In February, Director William P. Barr, Director Robert S. Jepson Jr., and Director Mark J. Kington bought shares of D stock. President and CEO Thomas F. Farrell II bought shares in January.


Progress Energy Inc. (PGN) Reached the 52-Week High of $60.64



Progress Energy Inc. is primarily engaged in the generation, transmission,distribution and sale of electricity in portions of North and South Carolina and Florida and the transmission, distribution and sale of natural gas in portions of North Carolina. Progress Energy, Inc. has a market cap of $17.64 billion; its shares were traded at around $60.64 with a P/E ratio of 21.7 and P/S ratio of 2. The dividend yield of Progress Energy Inc. stocks is 4.2%.


On May 3, Progress Energy announced first-quarter GAAP earnings of $150 million, or $0.51 per share, compared with GAAP earnings of $184 million, or $0.62 per share, for the same period last year. First-quarter ongoing earnings were $143 million, or $0.48 per share, compared to $202 million, or $0.69 per share, for the same period last year. This month, Executive Vice President Jeffrey J. Lyash, Senior Vice President Paula J. Sims, Senior Vice President James Scarola, and Senior Vice President of major subsidiary Michael A. Lewis sold shares of PGN stock. Executive Vice President Jeffrey J. Lyash sold 4,000 shares in April. President and CEO of major subsidiary Lloyd M. Yates sold shares in March.


FirstEnergy Corp. (FE) Reached the 52-Week High of $49.18



FirstEnergy Corp. is a diversified energy services holding company as the result of the merger of Ohio Edison Company and Centerior Energy Corporation. FirstEnergy Corp. has a market cap of $20.13 billion; its shares were traded at around $49.18 with a P/E ratio of 13.5 and P/S ratio of 1.2. The dividend yield of FirstEnergy Corp. stocks is 4.6%. FirstEnergy Corp. had an annual average earnings growth of 7.5% over the past 10 years. GuruFocus rated FirstEnergy Corp. the business predictability rank of 2-star.


On May 1, FirstEnergy Corp. announced first quarter 2012 basic and diluted earnings of $0.82 per share of common stock on a non-GAAP* basis. This compares to basic and diluted non-GAAP earnings of $0.75per share of common stock in the first quarter of 2011. On a GAAP basis, first quarter 2012 basic and diluted earnings were $0.73 per share of common stock on net income of $306 million and revenue of $4.1 billion. First quarter 2011 basic and diluted earnings were $0.15 per share of common stock on net income of $52 million, with revenue of $3.6 billion.


Director Christopher D. Pappas bought 2,000 shares of FE stock in March. Vice President and Treasurer James F. Pearson sold 2,000 shares in June. Executive Vice President and General Counsel Leila L Vespoli, Vice President Controller and CAO Harvey L. Wagner, and President and Chief Executive Officer Anthony J. Alexander sold shares in May.