NEW YORK (
) -- The following stocks reached 52-week highs on Monday:
Whole Foods Market
"In our recent conversations with Target, we have heard that many vendors responded well to its high profile letter earlier this year, which hit on issues regarding the enforcement of minimum advertised price in the online channel versus bricks and mortar," Jefferies analysts wrote in a May 31 report. "We have already seen TV vendors get more discipline (for now) and Target has indicated, without any specificity, that other vendors are taking this issue more seriously as well. While it is challenging to quantify the benefits of this at this juncture, we were encouraged to hear that the pricing discussion is moving in the right direction."
Shares of Target hit a 52-week high on Monday of $59.40. The stock's 52-week low of $45.28 was set on Aug. 8.
Target trades at an estimated price-to-earnings ratio for next year is 13.36 times; the average among its peers is 20.34. For comparison,
has a higher forward P/E of 14.8.
Seventeen of the 28 analysts who cover Target rated it buy; 11 analysts gave the stock a hold rating.
The stock has risen 15.48% year to date.
"Secular pressure, pension dilution and valuation limit upside potential in the near term," Bank of America Merrill Lynch analysts wrote in a June 4 report. "Downsiderisk is mitigated, in our view, by the relative stability of core businesses and the healthy dividend. The consumer wireline business is in a state of decline due to wireless substitution and cable competition. We view the dividend as secure. However, incremental returns to shareholders may be delayed."
Shares of Verizon hit a 52-week high on Monday of $42.85. The stock's 52-week low of $32.28 was set on Aug. 9.
Verizon's forward P/E is 18.95 times; the average for its peers is 24.36. For comparison,
has a lower forward P/E of 15.63.
Twenty-one of the 37 analysts who cover Verizon rated it hold. Fifteen analysts gave the stock a buy rating and one rated it sell.
The stock has risen 6.78% year to date.
"Kimberly-Clark has leading market share positions in some of the larger household products categories such as toilet tissue, diapers, paper towels, and facial tissue," Bank of America Merrill Lynch analysts wrote in a June 6 report. "K-C's increased focus on innovation-driven sales growth, a more integrated marketingprogram, and continued commitment to boosting investment spending drive greater confidence in KMB's fundamental story."
Shares of Kimberly-Clark hit a 52-week high on Monday of $81.68. The stock's 52-week low of $61 was set on Aug. 9.
Kimberly-Clark's forward P/E is 16.37; the average among its peers is 17.93.
Twelve of the 17 analysts who cover Kimberly-Clark rated it hold. Three analysts gave the stock a buy rating and two rated it sell.
The stock has risen 10.74% year to date.
The athletic wear retailer announced Monday a two-for-one stock split, payable July 9 to shareholders as of June 25.
"In our meetings with UA CFO Brad Dickerson and Director of IR Tom Shaw, our key takeaways were two-fold: 1) there are multiple growth drivers that can support consistent mid-20% growth, and 2) the risk around achieving both near- and long-term goals has been significantly reduced due to the experienced hires over the last year," Canaccord analysts wrote in a June 4 report. "We believe UA's professional talent more closely than ever matches its top-tier brand, which should result in greater consistency and execution of sales and earnings growth. As such, we reiterate our BUY and $110 target."
Shares of Under Armour hit a 52-week high on Monday of $107.15. The stock's 52-week low of $52.62 was set on Aug. 9.
Under Armour's forward P/E is 54.37; the average among its peers is 18.18. For comparison,
has a lower forward P/E of 22.63.
Analysts were split on Under Armour with 14 rating it buy, another 14 giving the stock a hold rating and one rating it sell.
The stock has risen 46.32% year to date.
Whole Foods Market
Shares of Whole Foods Market hit a 52-week high of $92 on Monday. The stock's 52-week low of $52.62 was set on Aug. 9.
"We continue to prefer Whole Foods shares over The Fresh Market, as WFM shares are trading at a discount to TFM (27.6x calendarized FY13 EPS for WFM vs. 33.2x for TFM), despite: (1) WFM's stronger brand awareness, (2) greater health &wellness focus, and (3) less expansion risk," Deutsche Bank analysts wrote in a June 6 report. "In addition, we believe that WFM could ramp-up share repurchases later this year, as WFM has ~$7/share of cash & short-term investments on hand, which could drive $0.08 - $0.09 of EPS upside to our model for FY13."
Whole Foods' forward P/E is 38.53; the average among its peers is 22.74. For comparison,
has a lower forward P/E is 9.02.
Fifteen of the 25 analysts who cover Whole Foods rated it buy. Nine analysts gave the stock a hold rating and one rated it sell.
The stock has risen 29.69% year to date.
The energy company is expected to
on July 1.
"We think near-visibility (finally) to a merged DUK-PGN offers an attractive vehicle for large cap Regulated Utility exposure offering competitive EPS growth potential at 4-6% (with low end of synergies), a good dividend yield at 4.3%, a highly regulated business mix at 86% of earnings that dilutes legacy concerns about Duke's International / OH generation exposure, and ~1.0x P/E multiple discount that translates into an annualized rate of return of 10.1%," Credit Suisse analysts wrote in a report on Monday.
Shares of Duke Energy hit a 52-week high on Monday of $23.32. The stock's 52-week low of $16.87 was set on Aug. 9.
Duke Energy's forward P/E is 15.97 times; the average among its peers is 14.93.
Fourteen of the 19 analysts who cover Duke Energy rated it hold. Four analysts gave the stock a buy rating and one rated it sell.
The stock has risen 5.39% year to date.
Shares of Dunkin' Brands hit a 52-week high on Monday of $34.05. The stock's 52-week low of $19 was set on July 26.
"DNKN is mostly a domestic story at present (a plus), although international (at ~20% of revenues) has a good deal of 'white space' med-to-long term," Jefferies analysts wrote in a report on Monday. "Mgmt targets 6-8% revenue growth, which we find achievable, particularly given the focus on quality & infrastructure vs. speed of openings."
Nine of the 16 analysts who cover Dunkin' rated it buy. Six analysts gave the stock a hold rating and one rated it sell.
The stock has risen 35.83% year to date.
-- Written by Alexandra Zendrian
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