Weekly 52-Week Highs Highlight: Lockheed Martin, Accenture, Dow Chemical, Clorox

A review of the recent performances of companies currently representing their yearly high stock prices.

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Nov 24, 2015
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According to GuruFocus list of 52-week highs, Lockheed Martin Corp. (LMT, Financial), Accenture PLC (ACN, Financial), Dow Chemical Co. (DOW, Financial), and Clorox Co. (CLX, Financial) have all reached their 52-week highs.

Lockheed Martin reached the 52-week high of $227.68

Lockheed Martin is a security and aerospace company. The company has a market cap of $69.46 billion, and its shares were traded at around $226.03 with a P/E ratio of 20.11 and a P/S ratio of 1.58. The dividend yield of Lockheed Martin stocks is 2.64%. The company had an annual average earnings growth of 9.90% over the past 10 years. GuruFocus rated it the business predictability rank of 3.5 stars.

Lockheed Martin reported its third quarter 2015 results ended Sept. 27. Net sales for this period were $11.5 billion, which compares to the $11.1 billion in sales reported for the prior year quarter. Net earnings were $865 million, or $2.77 per share, compared to net earnings of $888 million, or $2.76 per share last year. Third quarter 2015 cash from operations was $1.5 billion; the company repurchased 4.1 million shares and increased its quarterly dividend rate by 10% to $1.65 per share.

VP and Controller Brian P. Colan sold 1,452 shares of Lockheed Martin stock on Nov. 19 at the average price of $223.9 per share.

Accenture reached the 52-week high of $109.86

Accenture PLC is a professional service company incorporated in Ireland on June 10, 2009. The company has a market cap of $69.89 billion, and its shares were traded at around $107.84 with a P/E ratio of 23.27 and a P/S ratio of 2.24. The dividend yield of Accenture stocks is 1.96%. The company had an annual average earnings growth of 11.90% over the past 10 years, and GuruFocus rated it the business predictability rank of 5 stars.

Accenture has reported its fourth quarter 2015 earnings results. For this period, revenues improved by 1% year over year to $7.9 billion, with EPS increasing 6% to $1.15. Free cash flow for the period was $1.4 billion, and new bookings were $8.8 billion.

Dow Chemical reached the 52-week high of $53.77

Dow Chemical has a market cap of $61.41 billion. Its shares were traded at around $53 per share with a P/E ratio of 13.70 and a P/S ratio of 1.27. The company has a dividend yield of 3.18% and an annual average earnings growth of 8.70% over the past five years.

For its third quarter of 2015, Dow Chemical generated net sales of $12 billion and net income of $1.3 billion. This compares to net sales of $14.4 billion and income of $852 million for the same period of 2014. Third quarter 2015 EPS were $1.09 and operating EPS were 82 cents, which compares to 71 cents and 72 cents respectively for the prior year quarter. EBITDA rose to $2.9 billion for the quarter.

Corporate VP and Treasurer Fernando Ruiz sold 20,000 shares of Dow stock on Nov. 3 at the average price of $52.35.

Clorox reached the 52-week high of $127.25

Clorox has a market cap of $16.18 billion; its shares were traded at around $125.36 with a P/E ratio of 24.98 and a P/S ratio of 2.91. The dividend yield of Clorox stocks is 2.41%. It had an annual average earnings growth of 4.10% over the past 10 years and was rated the business predictability rank of 3 stars by GuruFocus.

Clorox has recently released its fiscal first quarter 2016 results. For this period ended Sept. 30, the company saw sales growth of 3% (6% on a currency neutral basis). Diluted EPS were $1.32, representing a 20% increase over the prior year quarter. Volume growth was 3%, and gross margin increased 220 basis points to 45% from 42.8% last year.

Check out the complete list of 52-week highs.