3 ASX 300 shares soaring to new 52-week highs on Friday

All three have recently posted impressive earnings.

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The S&P/ASX 300 Index (ASX: XKO) is back in the green for the first time since Monday, helped along by these three shares. They've each posted notable gains today, driving their share prices to their highest points in more than a year.

Right now, the ASX 300 is 0.27% higher at 7,265.3 points.

Let's take a closer look at what might be boosting these ASX stocks to long-forgotten heights on Friday.

3 ASX 300 shares leaping to 52-week highs today

First up, the Super Retail Group Ltd (ASX: SUL) share price leapt 1.9% to peak at $13.75 earlier today – the highest it's been since late 2013.

Stock in the company behind retailers like Supercheap Auto and BCF has been on a roll since the release of its half-year earnings last week.

It posted a record half-year of sales, coming in at nearly $2 billion, while its profit for the period jumped 30% to $144 million.

Created with Highcharts 11.4.3Super Retail Group PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.com.au

The share price of fellow ASX 300 retailer Accent Group Ltd (ASX: AX1) is also in the green, roaring 10% to a new 52-week high of $2.36 on the release of its first-half earnings today.

The fashion and footwear retail group posted a 290% jump in profits for the half, reaching $58.3 million. That saw it boosting its interim dividend by 380% to 12 cents per share.

But "most pleasing", according to CEO Daniel Agostinelli, was the performance of the company's core brands, including Skechers, Platypus, Hype DC, The Athlete's Foot, Vans, and Dr Martens.

Created with Highcharts 11.4.3Accent Group PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.com.au

Finally, shares in ASX 300 insurance broker network Steadfast Group Ltd (ASX: SDF) popped 0.5% to an all-time high of $5.88 earlier today before slipping into the red.

Like Super Retail and Accent before it, the company is a recent reporter. It dropped its first-half earnings on Tuesday.

Within them, it reported a 27% jump in underlying revenue – reaching $662.8 million – and an 18.2% increase in underlying net profit after tax (NPAT).  

Created with Highcharts 11.4.3Steadfast Group PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.com.au

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Steadfast Group and Super Retail Group. The Motley Fool Australia has positions in and has recommended Steadfast Group and Super Retail Group. The Motley Fool Australia has recommended Accent Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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