Weekly 52-Week Highs Highlight: MGM, SIAL, ADBE, LVS

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Dec 16, 2013
According to GuruFocus list of 52-week highs; MGM Resorts International, Sigma-Aldrich Corp., Adobe Systems Inc. and Las Vegas Sands Corp. have all reached their 52-week highs.

MGM Resorts International (MGM, Financial) Reached the 52-Week High of $21.20

MGM Resorts International was formerly known as MGM Mirage. MGM Resorts International has a market cap of $10.39 billion; its shares were traded at around $21.20 with and P/S ratio of 1.08.

MGM has released its third quarter 2013 results ended Sept. 30, 2013. Loss per share was $0.07 compared to loss of $0.37 last year. Consolidated net revenues increased 9% year-over-year to $2.5 billion, and consolidated operating income was $248 million compared to $137 million a year ago.

Sigma-Aldrich Corp. (SIAL, Financial) Reached the 52-Week High of $89.44

Sigma-Aldrich Corp. was incorporated under the laws of the State of Delaware in May 1975. Sigma-Aldrich Corp. has a market cap of $10.7 billion; its shares were traded at around $89.44 with a P/E ratio of 22.80 and P/S ratio of 4.05. The dividend yield of Sigma-Aldrich Corp. stocks is 0.96%. Sigma-Aldrich Corp. had an annual average earnings growth of 11.10% over the past 10 years. GuruFocus rated Sigma-Aldrich Corp. the business predictability rank of 4-star.

For its third quarter of 2013, Sigma-Aldrich reported a sales increase of 4% to $664 million, with overall organic sales growth of 5%. Third quarter diluted EPS were $0.98 compared to $0.92 last year. The company repurchased $59 million shares during this quarter.

Director Avi M. Nash sold 3,100 shares of SIAL stock on 12/04/2013 at the average price of $88. SVP Corporate Development and Corporate Communications Karen J. Miller sold 7,100 shares of SIAL stock on 12/03/2013 at the average price of $86.90.

Adobe Systems Inc. (ADBE, Financial) Reached the 52-Week High of $60.89

Adobe Systems Inc. was originally incorporated in California in October 1983 and was reincorporated in Delaware in May 1997. Adobe Systems Inc. has a market cap of $30.44 billion; its shares were traded at around $60.89 with a P/E ratio of 69.10 and P/S ratio of 7.44. Adobe Systems Inc. had an annual average earnings growth of 11.20% over the past 10 years. GuruFocus rated Adobe Systems Inc. the business predictability rank of 3-star.

The company recently released fourth quarter results, including revenues down 9.7% year-over-year to $1.04 billion, with EPS at $0.18. GAAP net income was $65.3 million compared to $222.3 million in the same quarter of last year. The company ended with a cash and investments balance of $3.17 billion.

President and CEO Shantanu Narayen sold 50,000 shares of ADBE stock on 12/02/2013 at the average price of $56.81. EVP, CFO and Assistant Secretary Mark Garrett sold 15,000 shares of ADBE stock on 12/03/2013 at the average price of $56.77.

Las Vegas Sands Corp. (LVS, Financial) Reached the 52-Week High of $76.57

Las Vegas Sands Corp. has a market cap of $62.75 billion; its shares were traded at around $76.57 with a P/E ratio of 29.30 and P/S ratio of 4.80. The dividend yield of Las Vegas Sands Corp. stocks is 1.70%. Las Vegas Sands Corp. had an annual average earnings growth of 35.10% over the past five years.

Las Vegas Sands Corp. reported third quarter 2013 revenues of $3.57 billion and GAAP net income of $626.7 million. This represents growths of 31.7% and 79.2% respectively over the third quarter of 2012.

Check out the complete list of 52-Week Highs.