McDonald's, Southwest, MBIA Hit Highs
BOSTON (
) -- U.S. stocks dropped Monday as investors weighed
Goldman Sachs'
(GS) - Get Report
fraud allegations. These stocks recorded 52-week highs.
3. MBIA
(MBI) - Get Report
rose 7.6% to $9.54, hitting a high of $9.73. Shares of the financial guarantee insurer have soared 68% during the past month.
Quarter
: MBIA's fourth-quarter loss narrowed to $242 million, or $1.16 a share, as revenue rose to $544 million. The operating margin remained negative. MBIA has $3.8 billion of cash and $11 billion of debt, equaling a debt-to-equity ratio of 4.4.
Stock
: MBIA has advanced 78% during the past year, outperforming U.S. indices. It trades at a price-to-projected-earnings ratio of 6.9, a price-to-book ratio of 0.7 and a price-to-sales ratio of 0.7, 43%, 39% and 34% discounts to peer averages.
Consensus
: Of analysts covering MBIA, none advise purchasing its shares, two recommend holding and one suggests selling them.
UBS
(UBS) - Get Report
and
Deutsche Bank
(DB) - Get Report
value MBIA at $5 a share, implying a potential 46% drop in value.
2. Southwest Airlines
(LUV) - Get Report
climbed 2.8% to $13.75, achieving a high of $13.95. Shares of the airline have increased 7.3% during the past month.
Quarter
: Southwest swung to a fourth-quarter profit of $115 million, or 16 cents, from a loss of $56 million, or 8 cents, a year earlier. Revenue declined 0.8%. The operating margin jumped to 6.2%. Southwest has $2.6 billion of cash and $3.5 billion of debt.
Stock
: Southwest has gained 91% during the past year, beating major benchmarks. It sells for a price-to-book ratio of 1.8, an 85% discount to its peer average. The shares are expensive based on trailing earnings, sales and cash flow.
Consensus
: Of analysts following Southwest, five rate its stock "buy," seven rate it "hold" and two rate it "sell."
JPMorgan
(JPM) - Get Report
expects the stock to increase 25% to $17.
Citigroup
(C) - Get Report
predicts it will hit $16.50 and
Barclays
(BCS) - Get Report
forecasts $15.
1. McDonald's
(MCD) - Get Report
gained 1.3% to $69.92, hitting a high of $69.97. Shares of the fast-food chain have jumped 5.1% during the past month.
Quarter
: Fourth-quarter profit increased 23% to $1.2 billion, or $1.11, as revenue rose 7.3%. The operating margin extended from 26% to 28%. McDonald's has $1.8 billion of cash and $11 billion of debt, equaling a debt-to-equity ratio of 0.8.
Stock
: McDonald's has risen 25% during the past year, trailing U.S. indices. It trades at a price-to-projected-earnings ratio of 14, a 54% discount to its peer average. It's also cheap based on book value, but expensive based on sales and cash flow.
Consensus
: Of firms rating McDonald's, 15, or 65%, advocate purchasing its shares and eight recommend holding them.
Buckingham Research
expects the stock to gain 19% to $83. Goldman Sachs predicts the shares will touch $77.
View Stockpickr's Daily 52-Week Highs Portfolio
-- Reported by Jake Lynch in Boston.
