NEW YORK ( TheStreet) -- The following stocks reached 52-week highs on Friday: Philip Morris International ( PM), Visa ( V), Toll Brothers ( TOL), CBS ( CBS), Family Dollar ( FDO), PetSmart ( PETM) and Dillard's ( DDS).
Philip Morris International "PM reported a very impressive 1Q12 adj. EPS of $1.25, beating our forecast by 2
cents and consensus by 5 cents ," Jefferies analysts wrote in an April 20 report. "PM's top 10 brands seem to be firing on all cylinders and volume and pricing (LatAm/Canada being a minor exception) were stronger than we thought. Despite the strength, we expect PM to trade sideways for the next few months due to its high valuation (esp. relative to BAT), currency concerns and the Japan headwind for 2Q12." Shares of Philip Morris hit a 52-week high Friday of $90.22. The stock's 52-week low of $60.45 was set on Oct. 4. Philip Morris trades at an estimated price-to-earnings ratio for next year of 15.35 times; the average for tobacco companies is 12.37. For comparison, Altria ( MO) has a forward P/E of 13.58. Fourteen of the 22 analysts who cover Philip Morris rated it buy. Seven analysts gave the stock a buy rating and one rated it sell. TheStreet Ratings gives Philip Morris a B grade with a buy rating and $113.86 price target. The stock has risen 15.1% year to date.
Toll Brothers Shares of Toll Brothers hit a 52-week high Friday of $25.80. The stock's 52-week low of $13.16 was set on Oct. 4. Toll Brothers' forward P/E is 34.4; the average for home construction companies is 44.64. For comparison, D.R. Horton ( DHI) has a lower forward P/E of 19.05. Twelve of the 24 analysts who cover Toll Brothers rated it hold. Ten analysts gave the stock a buy rating and two rated it sell. TheStreet Ratings gives Toll Brothers a C+ grade and hold rating. The stock has risen 25.42% year to date.
Family Dollar "Over the last 18 months, roughly half of the executive team has turned over -- clear evidence to us that a somewhat 'new' Family Dollar is taking root," Guggenheim analysts wrote in an April 10 report. "We believe this, together with improved results, should serve to strengthen sentiment in the name.' Shares of Family Dollar hit a 52-week high Friday of $69.25. The stock's 52-week low of $44.42 was set on Aug. 9. Family Dollar's forward P/E is 16.38; the average for specialty retailer companies is 16.58. For comparison, Dollar Tree ( DLTR) has a higher forward P/E of 18.01. Fourteen of the 27 analysts who cover Family Dollar rated it hold. Eleven analysts gave the stock a buy rating and two rated it sell. TheStreet Ratings gives Family Dollar an A+ grade with a buy rating and $88.58 price target. The stock has risen 20.22% year to date.
Dillard's Shares of Dillard's hit a 52-week high Friday of $65.32. The stock's 52-week low of $38.99 was set on Aug. 19. Dillard's has a forward P/E of 12.41; the average for apparel retailers is 17.52. For comparison, Guess ( GES) has a lower forward P/E of 9.65. Two of the three analysts who cover Dillard's rated it hold; one analyst gave the stock a buy rating. TheStreet Ratings gives Dillard's an A- grade with a buy rating and $83.11 price target. The stock has risen 45.72% year to date.