Free 7-day Trial
All Articles and Columns »

Weekly 3-Year Lows Highlight: FWM, FST, LAND, RDNT

January 13, 2014 | About:
gurujx

gurujx

1 followers

According to GuruFocus list of 3-year lows; Fairway Group Holdings Corp, Forest Oil Corp, Gladstone Land Corp, and RadNet Inc. have all reached their 3-year lows.

Fairway Group Holdings Corp (FWM) Reached the 3-year Low of $14.49

Fairway Group Holdings Corp along with its subsidiaries operates in the retail food industry. Fairway Group Holdings Corp has a market cap of $599.755 million; its shares were traded at around $14.49 with and P/S ratio of 0.38.

Fairway has released its second quarter 2014 results ended September 29, 2013. For this quarter the company reported net sales increase of 14.1% to $183.2 million, with same store sales increasing 1%. Net loss was $12.2 million compared to $7.8 million last year, while adjusted EBITDA increased 4.7% to $10.6 million.

1 Guru Increased Positions: Ron Baron (Trades, Portfolio) owns 1,985,188 shares as of 09/30/2013, an increase of 24.55% from the previous quarter. This position accounts for 0.23% of the $21.84 billion portfolio of Baron Funds.

1 Guru Kept Positions in FWM Unchanged or Slightly Adjusted: Robert Olstein (Trades, Portfolio) owns 223,000 shares as of 09/30/2013, which accounts for 0.87% of the $652 million portfolio of Olstein All-Cap Value Fund.

Forest Oil Corp (FST) Reached the 3-year Low of $3.51

The prices of Forest Oil Corp (FST) shares have declined to close to the 3-year low of $3.51, which is 88.4% off the 3-year high of $28.94.

Forest Oil Corp was incorporated in New York in 1924, as the successor to a company formed in 1916, and has been a publicly held company since 1969. Forest Oil Corp has a market cap of $422.414 million; its shares were traded at around $3.51 with and P/S ratio of 0.80.

Forest Oil Corp announced third quarter 2013 net earnings of $2 million ($0.02 per share) compared with $33 million ($0.28 per share) in the second quarter of 2013.

Gladstone Land Corp (LAND) Reached the 3-year Low of $14.67

The prices of Gladstone Land Corp (LAND) shares have declined to close to the 3-year low of $14.67, which is 25.3% off the 3-year high of $18.74.

Gladstone Land Corp has a market cap of $95.734 million; its shares were traded at around $14.67 with a P/E ratio of 84.80 and P/S ratio of 18.34. The dividend yield of Gladstone Land Corp stocks is 7.91%.

RadNet, Inc. (RDNT) Reached the 3-year Low of $1.53

The prices of RadNet, Inc. (RDNT) shares have declined to close to the 3-year low of $1.53, which is 70.9% off the 3-year high of $5.19.

RadNet, Inc. is incorporated in Delaware and has been in business since 1985. Radnet, Inc. has a market cap of $60.535 million; its shares were traded at around $1.53 with a P/E ratio of 1.00 and P/S ratio of 0.09. Radnet, Inc. had an annual average earnings growth of 10.00% over the past 10 years. GuruFocus rated Radnet, Inc. the business predictability rank of 4-star.

RadNet Inc. generated third quarter 2013 revenues of $175.2 million, an increase of 9.2% from the third quarter of 2012. Adjusted EBITDA was $25.4 million, a decrease of 11% from the $28.6 million reported last year.

 Go here for the complete list of 3-year lows.


Rating: 1.0/5 (1 vote)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide