Weekly Three-Year Low Highlights: NS, MCRL, TITN, SQNM

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Sep 24, 2013
According to GuruFocus' list of three-year lows: NuStar Energy LP, Micrel Inc., Titan Machinery Inc. and Sequenom Inc. have all reached their three-year lows.

NuStar Energy LP (NS, Financial) Reached the Three-Year Low of $37.71

The prices of NuStar Energy LP (NS) shares have declined to close to the three-year low of $37.71, which is 49.6% off the three-year high of $71.69.

Nustar Energy LP has a market cap of $2.94 billion; its shares were traded at around $37.71 with a P/E ratio of 37.31 and P/S ratio of 0.64. The dividend yield of Nustar Energy LP stocks is 11.61%.

Nustar Energy LP has released its second quarter 2013 results. For this quarter the company reported net income of $21.6 million, compared to net loss of $251.6 million the same quarter last year (included a $271.8 million charge related to asset impairments). Second quarter EBITDA was $112.8 million.

3 Gurus Kept Positions in NS Unchanged or Slightly Adjusted: John Keeley owns 15,865 shares as of 06/30/2013. Chuck Akre owns 1,050,000 shares as of 06/30/2013. Jean-Marie Eveillard owns 442,400 shares as of 06/30/2013.

1 Guru Reduced Positions: John Hussman owns 1,000 shares as of 06/30/2013, a decrease of 98.88% of from the previous quarter. This position accounts for 0.0021% of the $2.2 billion portfolio of Hussman Economtrics Advisors.

Micrel Inc. (MCRL, Financial) Reached theThree-Year Low of $9.16

The prices of Micrel Inc. (MCRL) shares have declined to close to the three-year low of $9.16, which is 41.2% off the three-year high of $14.98.

Micrel Inc. has a market cap of $529.755 million; its shares were traded at around $9.16 with a P/E ratio of 50.76 and P/S ratio of 2.22. The dividend yield of Micrel Inc. stocks is 1.94%. Micrel Inc. had an annual average earnings growth of 6.4% over the past 10 years.

Micrel Inc. generated second quarter 2013 revenues of $59.2 million and GAAP net income of $5 million, compared to revenues of $59.1 million and net income of $5.2 million in the same quarter of last year.

CFO and VP Finance and HR Ray Wallin sold 44,701 shares of MCRL stock on 08/29/2013 at the average price of $9.56.

Titan Machinery Inc. (TITN, Financial) Reached the Three-Year Low of $16.25

The prices of Titan Machinery Inc. (TITN) shares have declined to close to the three-year low of $16.25, which is 57.9% off the three-year high of $36.92.

Titan Machinery Inc. has a market cap of $345.14 million; its shares were traded at around $16.25 with a P/E ratio of 10.32 and P/S ratio of 0.15. Titan Machinery Inc. had an annual average earnings growth of 28.7% over the past five years.

Titan Machinery Inc. recently released its second quarter 2014 results ended July 31, 2013. For the second quarter, revenue increased 19% from last year to $488.2 million. Gross profit for the quarter was $83.5 million compared to $70.4 million last year, though net income decreased to $3.8 million from $5.2 million last year. This decrease was due in part to an increase in operating expenses to $70.1 million from $56.5 million in the prior year quarter.

3 Gurus Initiated Positions: Richard Snow bought 57,790 shares in the quarter that ended on 06/30/2013. Meryl Witmer bought 21,100 shares in the quarter that ended on 06/30/2013. Mario Gabelli bought 10,000 shares in the quarter that ended on 06/30/2013, which is 0.0012% of the $15.91 billion portfolio of GAMCO Investors.

Sequenom Inc. (SQNM, Financial) Reached the Three-Year Low of $2.76

The prices of Sequenom Inc. (SQNM) shares have declined to close to the three-year low of $2.76, which is 69.6% off the three-year high of $8.71.

Sequenom Inc. is owned by three Gurus we are tracking. Among them, two have reduced their positions. Sequenom Inc. has a market cap of $318.517 million; its shares were traded at around $2.76 with and P/S ratio of 2.44.

Sequenom Inc. reported a second quarter increase in revenue of 91% year over year to $34.9 million. Net loss was $31.0 million from the quarter ($0.27 per share), compared to a loss of $29.6 million in the same period last year.

Go here for the complete list of three-year lows.