Chevron, Home Depot, DuPont Hit Highs
BOSTON (TheStreet) -- U.S. stocks rallied Tuesday after the earnings of Goldman Sachs (DD) - Get DuPont de Nemours, Inc. Report and several other companies beat expectations. These Dow Jones Industrial Average stocks hit 52-week highs.
3. DuPont
(DD) - Get DuPont de Nemours, Inc. Report
declined 0.5% to $39.17, hitting a high of $39.80. Shares of the chemical maker have gained 6.3% during the past month.
Quarter
: DuPont swung to a fourth-quarter profit of $441 million, or 48 cents a share, from a loss of $629 million, or 70 cents, a year earlier. Revenue grew 9.9%. The operating margin expanded to 7.7%. DuPont has $6.1 billion of cash and $11 billion of debt.
Stock
: DuPont has risen 46% during the past year, beating the
S&P 500 Index
. It trades at a price-to-sales ratio of 1.3 and a price-to-cash-flow ratio of 7.5, 48% and 61% discounts to peer averages.
Consensus
: Of analysts covering DuPont, six, or 33%, advise purchasing its shares and 12 recommend holding them.
Buckingham Research
expects the stock to advance 23% to $48.
Deutsche Bank
(DB) - Get Deutsche Bank AG Report
TheStreet Recommends
says the shares could hit $44.
2. Home Depot
(HD) - Get Home Depot, Inc. Report
inched up to $35.18, achieving a high of $35.49. Shares of the home-improvement retailer have gained 8.7% during the past month.
Quarter
: In Home Depot's fiscal fourth quarter, which ended in January, the company swung to a profit of $342 million, or 18 cents, from a loss of $54 million, breaking even on a per share basis, a year earlier. Revenue was little changed at $15 billion. The operating margin widened from 4.5% to 4.9%.
Stock
: Home Depot has increased 40% during the past year, lagging behind major benchmarks. It sells for a price-to-projected-earnings ratio of 16, a price-to-book ratio of 3.1 and a price-to-sales ratio of 0.9, slight discounts to industry averages.
Consensus
: Of researchers following Home Depot, 18, or 60%, rate its stock "buy," 10 rate it "hold" and two rate it "sell."
Credit Suisse
(CS) - Get Credit Suisse Group AG Report
offers a price target of $41, a potential 17% return.
UBS
(UBS) - Get UBS Group AG Report
predicts it will climb to $36.50.
1. Chevron
(CVX) - Get Chevron Corporation Report
increased 0.9% to $82.05, hitting a high of $82.36. Shares of the oil-and-gas company have jumped 9.4% during the past month.
Quarter
: Fourth-quarter profit decreased 37% to $3.1 billion, or $1.53. Revenue increased 11% to $46 billion. The operating margin dropped from 14% to 10%. Chevron has $8.8 billion of cash and $11 billion of debt, equaling a debt-to-equity ratio of 0.1.
Stock
: Chevron has risen 28% during the past year, trailing U.S. indices. It trades at a price-to-book ratio of 1.8 and a price-to-sales ratio of 1, 66% and 56% discounts to the oil-and-gas industry averages.
Consensus
: Of firms rating Chevron, 16, or 67%, advocate purchasing its shares and eight recommend holding them.
Morgan Stanley
(MS) - Get Morgan Stanley Report
and
Citigroup
(C) - Get Citigroup Inc. Report
predict the stock will rise 18% to $97.
Barclays
(BCS) - Get Barclays Plc Report
expects it to hit $96.
View Stockpickr's Daily 52-Week Highs Portfolio
-- Reported by Jake Lynch in Boston.
