ASX Momentum Watch: Stocks Smashing Their 52-Week Highs

The following ASX stocks delivered excellent recent results which and helped their stock prices to reach new 52-week highs.

Dicker Data Limited (ASX: DDR)

Reached a new 52-week high on Friday after it reported a very strong first half FY26 performance. Gross revenue grew 14.2% year-on-year to $2.10 billion while EBITDA grew 37.3% to $103.5 million backed by healthy operating leverage.

Technology refresh cycles supported the improvement because AI infrastructure investment was strong and demand for software and cybersecurity was high. Gross margin also rose from 9.1% to 9.8% while expenses as a share of gross revenue declined from 6.1% to 5.9%.

The company has a current market capitalisation of $2.64 billion and its outlook is positive as July and August trading maintained the H1 momentum.

The growth opportunity is attractive because Dicker Data has exposure to several technology trends such as AI and cybersecurity which will give the company multiple avenues for expansion.

Dicker Data issued guidance for FY26 gross revenue of $4.3 billion to $4.4 billion which represents 11% to 14% growth from FY25 while net operating PBT is expected to reach $162 million to $165 million.

McMillan Shakespeare Limited (ASX: MMS)

Reported a very strong FY26 result on Friday as revenue rose 6.8% from prior corresponding period to $602.1 million while EBITDA increased 14.1% to $180.7 million.

The business also recorded a 62.1% ROCE and its operating margin improved to 41.5% while underlying cash conversion reached 111% and recurring revenue accounted for 50% of statutory revenue which highlights the quality and scalability of its business model.

UNPATA grew 13.8% to $107.9 million and underlying EPS also rose 13.8% to $1.55 per share which helped the stock reach a new 52-week high.

Group Remuneration Services saw impressive growth as salary packages rose 7.1% to 402,000 and novated leases increased 13.5% to 90,000 while MMS also expanded its digital capabilities and achieved a 14.1% improvement in customer productivity.

The FY27 outlook is constructive because July 2026 novated lease sales momentum was up 8% while demand for salary packaging is strong and EV adoption should support further growth alongside additional productivity gains.

MMS has a plan to invest selectively in sales capabilities and high returns on capital support its attractive long-term growth potential.

Aurelia Metals Limited (ASX: AMI) 

Delivered a strong FY26 result as revenue rose 40% to $480 million while statutory EBITDA increased 55% to $189.2 million and NPAT climbed 11% to $82.7 million as higher production improved profitability and margins.

Its financial position also improved as the company ended FY26 with $143.9 million in cash compared with $110.1 million a year earlier while Cobar operations generated $140.5 million of operating cash flow and total liquidity reached $183.9 million including the undrawn facility.

The company for FY27 has a target of gold production of 50-60koz along with 2.5-3.5kt of copper while planned ore processing is expected to rise to 1.05-1.15 million tonnes as expansion projects ramp up.

The company expects stronger cash generation in FY27 because indicative operating cash flow before growth capital is estimated at $120 million-$215 million based on its production guidance and commodity price assumptions while management plans to maximise plant throughput.

(Source: Company Announcements)