The Cochlear Limited (ASX: COH) share price has today hit a 52-week high, trading as high as $155.30.
This latest gain means that the bionic ear company's shares have provided shareholders with a year-to-date return of over 26%.
At an investor day last month, Cochlear management reiterated its full-year earnings guidance of between $210 million and $225 million, an increase of between 10% and 20% on last year's result.
Cochlear shares are not exactly cheap, trading at around 40 times forward earnings estimates.
