Companies Reach Their Year-Long High Stock Prices

Extra Space Storage, Digital Realty Trust, Precision Castparts, GE achieve 52-week landmarks

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Jan 12, 2016
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According to GuruFocus' list of 52-week highs, Extra Space Storage Inc. (EXR, Financial), Digital Realty Trust Inc. (DLR, Financial), Precision Castparts Corp. (PCP, Financial) and General Electric Co. (GE/WD) have reached their year-long highs.

Extra Space Storage reached the 52-week high of $91.97

Extra Space Storage has a market cap of $11.21 billion, and its shares were traded at around $90.81 with a P/E ratio of 48.16 and a P/S ratio of 15.73. The dividend yield of Extra Space Storage stocks is 2.47%, and the company had an annual average earnings growth of 5.30% over the past 10 years.

Extra Space Storage released its third-quarter results ended Sept. 30, 2015. For the quarter the company reported FFO of 81 cents per diluted share, representing an increase of 12.5% compared to the prior-year quarter. Same-store revenue increased 9.9% year over year. Net income per share was 58 cents compared to 47 cents for the prior-year quarter. The company paid a dividend of 59 cents per share for the third quarter.

CEO Spencer Kirk sold 20,000 shares of Extra Space Storage stock on Jan. 4 at the average price of $87.49.

Digital Realty Trust reached the 52-week high of $78.95

Digital Realty Trust has a market cap of $11.5 billion. Its shares were traded at around $78.60 with a P/E ratio of 52.22 and a P/S ratio of 6.41. The dividend yield of Digital Realty Trust stocks is 4.34%, and the company had an annual average earnings growth of 10.40% over the past 10 years. GuruFocus rated Digital Realty Trust the business predictability rank of 4 stars.

Digital Realty Trust reported third quarter 2015 FFO per share of $1.28, compared to $1.22 in the third quarter of 2014. Core FFO per share increased to $1.32 in the third quarter of 2015, compared to $1.22 in 2014. Total revenues increased 6% year over year to $436 million.

Precision Castparts reached the 52-week high of $232.96

Precision Castparts has a market cap of $31.93 billion; its shares were traded at around $232.10 with a P/E ratio of 24.59 and a P/S ratio of 3.37. The company has a dividend yield of 0.05%, and an annual average earnings growth of 16.20% over the past 10 years. GuruFocus rated Precision Castparts the business predictability rank of 4 stars.

Precision Castparts has released its fiscal second quarter 2016 results. Sales for this period were $2.29 billion, a 9% decrease over sales of $2.52 billion for the prior-year quarter. Net income from continuing operations was $344 million compared with $468 million a year ago, and diluted EPS were down to $2.49 from $3.24 for the prior-year quarter.

General Electric reached the 52-week high of $30.90

General Electric is a diversified infrastructure and financial services company. The company has a market cap of $310.56 billion; its shares were traded at around $30.72 with a P/S ratio of 1.97.

General Electric reported third-quarter 2015 GAAP EPS from continuing operations of 28 cents, unchanged from the year-ago quarter. Revenues were $31.7 billion, and industrial sales were $25.6 billion. Margins went up 100 basis points to 17.3%.

Check out the complete list of 52-week highs.