DGX, STO, LSE:DOM - Gurus Hold Stocks Traded at 10-Year Low P/B

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Dec 13, 2013
According to the GuruFocus Value Screen that shows value strategies of stocks traded at historical low P/B ratios, Quest Diagnostics Inc. (DGX, Financial), Statoil ASA (STO, Financial) and Domino’s Pizza Group PLC (LSE:DOM, Financial) are stocks owned by gurus and traded at or near their 10-year historical low P/B ratios. Check out these company updates and trade highlights as of the third quarter of 2013.

Quest Diagnostics Inc. (DGX)

Down 9% over 12 months, Quest Diagnostics Incorporated (IAG) is traded at a P/B ratio of 2.00, right at a 10-year low of 2.00.

Incorporated in 1990, Quest Diagnostics Inc. has a market cap of $7.86 billion; its shares were traded at around $53.99 with a P/E ratio of 10.90 and P/S ratio of 1.17. The dividend yield of DGX stocks is 2.20%. The company had an annual average earnings growth of 8.40% over the past 10 years. GuruFocus rated Quest Diagnostics Inc. the business predictability rank of 3.5-star.

Quest Diagnostics Inc. and its subsidiaries provide diagnostic testing, information and services and medical insights that enable patients and physicians to make better healthcare decisions. The company offers U.S. patients and physicians the broadest access to diagnostic testing services through its nationwide network of laboratories and company-owned patient service centers. Quest Diagnostics provides interpretive consultation through the largest medical and scientific staff in the industry, including hundreds of doctors located primarily in the United States.

Quest Diagnostics reported financial results for the third quarter of 2013 with an adjusted income from continuing operations at $154 million, down from $186 million in the same quarter of 2012. Revenue of $1.79 billion was reported as 1.9% below the prior year quarter.

The updated guidance for the full-year 2013 projects that revenue will be around 3.5% below last year. Guidance for adjusted earnings per diluted share is still between $3.90 and $3.95, updated from previous expectations between $3.85 and $3.95.

The GuruFocus analysis of the company shows three good signs and two warnings.

Check out the DGX 10-Year Valuations.

Track historical share price, revenue and net income:

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Guru Action: As of the third quarter of 2013, DGX is owned by numerous gurus and there is active insider selling.

As of Sept. 30, 2013, the top guru stakeholder Brian Rogers holds 2,200,000 shares or 1.45% of shares outstanding. He took a 9.8% loss on the holding in the third quarter with 2,200,000 shares at an average price of $59.86 per share.

Over a three-quarter trading history of mixed results, he has averaged a gain of 4% buying 2,200,000 shares at an average price of $51.84 per share.

Statoil ASA (STO)

Down 9% over 12 months, Statoil ASA (STO) is traded at a P/B ratio of 1.30, close to a 10-year low of 1.22.

Incorporated in 1972, Statoil ASA is an integrated oil and gas company, engaged in the exploration, production, transportation, refining and marketing of petroleum and petroleum-derived products. Statoil ASA is a global company with operations in 35 countries.

Statoil ASA has a market cap of $71.68 billion; its shares were traded at around $22.48 with a P/E ratio of 11.60 and P/S ratio of 0.70. The dividend yield of STO stocks is 3.90%. The company had an annual average earnings growth of 9.50% over the past 10 years. GuruFocus rated Statoil ASA the business predictability rank of 2.5-star.

The GuruFocus analysis for STO shows five good signs and four warnings.

Checkout STO’s 10-Year Valuations.

Track historical share price, revenue and net income:

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Guru Action: As of the third quarter of 2013, STO is owned by five gurus. No insiders were found.

As of Sept. 30, 2013, Jim Simons decreased his position by 12.72%, selling 665,500 shares at an average price of $21.91 per share, gaining 2.6%.

Over a five-year history, he has averaged a loss of 7% buying 6,074,843 shares at an average price of $24.20 per share. Selling, he averaged a loss of 5% on 1,507,545 shares at an average price of $23.54 per share.

Simons’s current shares are 4,567,298 or 0.14% of shares outstanding.

Domino’s Pizza Group PLC (LSE:DOM)

Down 3% over 12 months, Domino’s Pizza Group PLC is traded at P/B ratio of 11.37, close to a 10-year low of 10.76. The company has a market cap of $803.97 million; its shares were traded at around $4.89 with a P/E ratio of 22.20 and P/S ratio of 3.11. The dividend yield is 3.07%. GuruFocus rated Domino’s Pizza Group the business predictability rank of 4.5 stars.

Domino’s Pizza Group PLC holds the master franchise in the UK and the Republic of Ireland and Germany, including the Channel Islands and the Isle of Man for Domino's Pizza, a home delivery pizza brand.

The GuruFocus analysis for LSE:DOM shows four good signs and two warnings

Check out LSE:DOM’s 10-Year Valuations.

Track historical share price, revenue and net income:

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Guru Action: As of the third quarter of 2013, LSE: DOM is held by one guru.

As of Sept. 30, 2013, the sole stakeholder Wasatch International Growth increased its position by 12.19%, buying 261,219 shares at an average price of $5.93 per share, losing 16.9%.

In four quarters of trading, the firm has had losses in every quarter, averaging a loss of 12% buying 2,403,326 shares at an average price of $5.62 per share.

Wasatch International Growth holds current shares of 2,403,326 of 1.46% of shares outstanding.

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