6 Stocks Hit 52-Week Highs: SRE, UA, PNC, WOLF, EL, NCR
NEW YORK (TheStreet) -- Shares of these stocks hit 52-week highs on Friday: Sempra Energy(SRE) , Under Armour(UA) , PNC Financial(PNC) , Great Wolf(WOLF) , Estee Lauder(EL) and NCR(NCR) .
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Sempra Energy
"SRE remains one of the more diverse, well-managed companies in our universe, with significant alternatives available to create shareholder value," Goldman Sachs analysts wrote in an April 5 report. "Our sum-of the parts analysis (SOTP) incorporates a value for SRE's potential Cameron LNG export project - we assume a 33% probability of project completion, coming online in 2017, with roughly $5 of value embedded in our target price, but implying another $10 of upside potential to our target price if incremental clarity emerges on contracting, permitting and gaining federal approvals for this project. Using P/E multiple analysis on 2012/2013 EPS estimates and comparing to other Regulated Utilities/Diversified Utilities implies limited upside."
Shares of Sempra Energy hit a 52-week high Friday of $64.53. The stock's 52-week low of $44.78 was set on Aug. 9.
Sempra trades at an estimated price-to-earnings ratio for next year of 14.74 times; the average for multiutilities is 14.78. For comparison, Duke Energy(DUK) has a lower forward P/E of 14.17.
Six of the 11 analysts who cover Sempra Energy rated it hold. Four analysts gave the stock a buy rating and one rated it sell.
