According to GuruFocus, these stocks have reached their 52-week highs.
Time Warner reached the 52-week high of $96.53
Time Warner Inc. (TWX, Financial) is a media and entertainment company. It operates its business in four segments including Turner, Home Box Office and Warner Bros.
Turner consists of cable networks and digital media properties. It owns and operates a portfolio of domestic and international cable television networks and related properties that offer entertainment, sports, kids and news programming on television and digital platforms for consumers around the world.
Home Box Office owns and operates multichannel premium pay television services, HBO and Cinemax. The company's businesses compete with other production companies and studios for the services of producers, directors, writers, actors and others and for the acquisition of literary properties.
The price of Time Warner shares has reached $96.53, which is 0.6% off the 52-week high of $97.10. Time Warner has a market cap of $74.44 billion; its shares were traded around $96.53 with a price-earnings (P/E) ratio of 17.15 and price-sales (P/S) ratio of 2.72. Time Warner's trailing 12-month dividend yield is 1.67%. The forward dividend yield is 1.67%. Time Warner had an annual average earnings growth of 3.90% over the past five years.
The company reported that third-quarter revenues grew 9% from the comparable quarter of 2015 to $7.2 billion. Operating income increased 10% to $2.0 billion and adjusted operating income increased 12% to $2.1 billion due to increases at all operating divisions and lower intercompany eliminations. EPS grew 48% to $1.87 and adjusted EPS grew 46% to $1.83.
Automatic Data Processing reached the 52-week high of $102.78
Automatic Data Processing Inc. (ADP, Financial) is the provider of business outsourcing solutions. It offers a range of human resource (HR), payroll, tax and benefits administration solutions from a single source. It is also a provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle (RV) and heavy equipment retailers and manufacturers.
The company's reportable segments are Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. Employer Services offers a comprehensive range of HR information, payroll processing, time and labor management and tax and benefits administration solutions and services including traditional and Web-based outsourcing solutions that assist employers in the U.S., Canada, Europe, South America (primarily Brazil), Australia and Asia to recruit, staff, manage, pay and retain their employees.
The price of Automatic Data Processing shares has reached $102.78, which is 1.1% off the 52-week high of $103.88. Automatic Data Processing has a market cap of $46.37 billion; its shares were traded around $102.78 with a P/E ratio of 30.77 and P/S ratio of 3.96.
Automatic Data Processing's trailing 12-month dividend yield is 2.10%. The forward dividend yield is 2.22%. Automatic Data Processing had an annual average earnings growth of 4.10% over the past 10 years. GuruFocus rated Automatic Data Processing the business predictability rank of 3-star.
The company recently announced its third quarter fiscal 2016 financial results. Compared to last year's third quarter, revenues grew 7% to $3.2 billion, 9% on a constant dollar basis. EBIT grew 9% to $806 million, 10% on a constant dollar basis. EBIT margin increased about 40 basis points in the quarter to 24.8%. Diluted earnings per share from continuing operations increased to $1.17, representing growth of 14% on a reported and constant dollar basis. This growth reflects a lower effective tax rate and fewer shares outstanding compared with last year's third quarter.
Deere reached the 52-week high of $103.04
Deere & Co. (DE, Financial)Â provides products and services for agriculture and forestry, construction, lawn and turf care and landscaping and irrigation. The company and its subsidiaries have operations that are categorized into three business segments: agriculture and turf; construction and forestry; and credit. The agriculture and turf segment, created by combining the former agricultural equipment and commercial and consumer equipment segments, manufactures and distributes a full line of farm and turf equipment and related service parts including large, medium and utility tractors. The construction and forestry segment manufactures, distributes to dealers and sells at retail a broad range of machines and service parts used in construction, earthmoving, material handling and timber harvesting. The credit segment finances sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment.
The price of Deere shares has reached $103.04, which is 1.7% off the 52-week high of $104.83. Deere has a market cap of $32.65 billion; its shares were traded around $103.04 with a P/E ratio of 21.42 and P/S ratio of 1.22.
Deere's trailing 12-month dividend yield is 2.33%. The forward dividend yield is 2.33%. Deere had an annual average earnings growth of 5.70% over the past 10 years.
The company reported that net income was $285.3 million, or 90 cents per share, for the fourth quarter ended Oct. 31, compared with $351.2 million, or $1.08 per share, for the same period of 2015. Worldwide net sales and revenues decreased 3% to $6.52 billion for the fourth quarter. Net sales of the equipment operations were $5.65 billion for the quarter, compared with a total of $5.93 billion for the comparable quarter in 2015.
Zoetis reached the 52-week high of $53.53
Zoetis Inc. (ZTS, Financial) is engaged in the discovery, development, manufacture and commercialization of animal health medicines and vaccines with a focus on both livestock and companion animals. It has a diversified business, marketing products across eight core species: cattle, swine, poultry, sheep and fish (collectively livestock) and dogs, cats and horses (collectively companion animals); and within five product categories: anti-infectives, vaccines, parasiticides, medicated feed additives and other pharmaceuticals.
The company organizes and operates its business in two geographic regions: the U.S. and international. Within each of these operating segments, it offers a diversified product portfolio for both livestock and companion animal customers.
The price of Zoetis shares has reached $53.53, which is 1.2% off the 52-week high of $54.15. Zoetis has a market cap of $26.43 billion; its shares were traded around $53.53 with a P/E ratio of 38.51 and P/S ratio of 5.47. Zoetis' trailing 12-month dividend yield is 0.71%. The forward dividend yield is 0.78%. Zoetis had an annual average earnings growth of 16.90% over the past five years.
The company recently reported revenue of $1.2 billion for the third quarter, an increase of 2% compared with the third quarter of 2015. Net income for the third quarter of 2016 was $239 million, or 48 cents per diluted share, an increase of 26% to both on a reported basis. Adjusted net income for the third quarter of 2016 was $258 million, or 52 cents per diluted share, an increase of 2% and 4%. Adjusted net income for the third quarter excludes the net impact of $19 million for purchase accounting adjustments, acquisition-related costs and certain significant items.
M&T Bank reached the 52-week high of $156.43
M&T Bank Corp. (MTB, Financial) is a New York business corporation and a bank holding company. The company through subsidiaries provides individuals, corporations and other businesses and institutions with commercial and retail banking services including loans and deposits, trust, mortgage banking, asset management, insurance and other financial services.
Banking activities are largely focused on consumers residing in New York state, Pennsylvania, Maryland, Virginia and the District of Columbia and on small and medium-size businesses based in those areas. Banking services are also provided in Delaware, West Virginia and New Jersey while certain subsidiaries also conduct activities in other states. The reportable segments are Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking.
The price of M&T Bank shares has reached $156.43, which is 1.2% off the 52-week high of $158.35. M&T Bank has a market cap of $22.43 billion; its shares were traded around $156.43 with a P/E ratio of 21.05 and P/S ratio of 4.58.
M&T Bank's trailing 12-month dividend yield is 1.79%. The forward dividend yield is 1.79%. M&T Bank had an annual average earnings growth of 2.90% over the past 10 years.
The company has recently reported that the generally accepted accounting principles (GAAP) for the third quarter were $2.10, up 9% from $1.93 in the year-earlier quarter. GAAP-basis net income in the recent quarter aggregated $350 million, 25% higher than $280 million in the third quarter of 2015. Diluted earnings per common share and GAAP-basis net income were $1.98 and $336 million in 2016’s second quarter.
Disclosure: I do not own these stocks.
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