Weekly 52-Week Highs Highlights: Altera, Paychex, Becton Dickinson, Intercontinental Exchange

A look at the performances of companies that have recently reached their yearly high stock prices.

Author's Avatar
Nov 10, 2015
Article's Main Image

According to GuruFocus list of 52-week highs, Altera Corp. (ALTR, Financial), Paychex Inc. (PAYX, Financial), Becton Dickinson & Co. (BDX, Financial) and Intercontinental Exchange Inc. (ICE, Financial) have all reached their 52-week highs.

Altera Corp. reached the 52-week high of $52.89

Altera has a market cap of $15.92 billion. Its shares were traded at around $52.60 with a P/E ratio of 47.66 and a P/S ratio of 9.25. The dividend yield of Altera stocks is 1.37%. The company had an annual average earnings growth of 10.70% over the past 10 years. GuruFocus rated it the business predictability rank of 3 stars.

Altera has released its third quarter 2015 results. Third quarter sales were $399.6 million, down 20% from the third quarter of 2014. Net income was $61.5 million, or 20 cents per diluted share, compared with net income of $118.0 million, or 38 cents per diluted share last year.

Sr. VP, Worldwide Sales Mark Jon Nelson sold 5,062 shares of Altera stock on Oct. 29 at the average price of $52.64 per share.

Paychex Inc. reached the 52-week high of $52.97

Paychex has a market cap of $18.57 billion, and its shares were traded at around $52.73 with a P/E ratio of 27.03 and a P/S ratio of 6.86. The dividend yield of Paychex stocks is 3.02%. The company had an annual average earnings growth of 5.60% over the past 10 years. GuruFocus rated it the business predictability rank of 5 stars.

For its fiscal first quarter 2016 ended Aug. 31, Paychex reported total revenue increase of 8% to $723 million and operating income increase of 11% to $296.1 million. Net income for the quarter was $209.1 million and diluted EPS were 58 cents, 23% higher than the prior year quarter. Excluding a net tax benefit for the quarter, EPS would have increased 11%.

CEO and President Martin Mucci, CLO, Secretary Stephanie L. Schaeffer and multiple other insiders have all recently sold shares of Paychex stock.

Becton Dickinson & Co. reached the 52-week high of $154.98

Becton Dickinson has a market cap of $29.95 billion. Its shares were traded at around $152.41 with a P/E ratio of 37.18 and P/S ratio of 3.29. Becton Dickinson had a dividend yield of 1.57% and an annual average earnings growth of 8.60% over the past 10 years. GuruFocus rated Becton Dickinson the business predictability rank of 4 stars.

Becton Dickinson recently released its fourth quarter results ended Sept. 30. For this period, the company reported adjusted revenues of $3.067 billion, an increase of 39.3% over the same quarter last year. Fourth quarter adjusted diluted EPS were $1.94, compared with $1.74 in the year-ago quarter. On a reported basis, EPS were 84 cents compared with $1.53 last year.

Intercontinental Exchange Inc. reached the 52-week high of $261.30

Intercontinental Exchange has a market cap of $27.59 billion; its shares were traded at around $261.30 with a P/E ratio of 24.60 and P/S ratio of 6.52. The dividend yield of Intercontinental Exchange stocks is 0.82%. The company had an annual average earnings growth of 27.70% over the past 10 years. GuruFocus rated it the business predictability rank of 2.5 stars.

For its third quarter of 2015, Intercontinental Exchange had an adjusted operating income of $479 million, which was 19% higher than the $401 million reported for the prior year quarter. Adjusted diluted EPS for the third quarter were $25% higher than last year at $2.91. Adjusted operating margin went up 5 points to 59%. Total net revenue was up 10% at $816 million.

CFO Scott A. Hill sold 2,000 shares of Intercontinental Exchange stock on Oct. 26 at the average price of $250.

Check out the complete list of 52-week highs.