1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
gurujx
gurujx
Articles (514) 

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

January 13, 2014 | About:

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 (NASDAQ: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 (NASDAQ:LAND) Reached the 3-year Low of $14.67

The prices of Gladstone Land Corp (NASDAQ: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. (NASDAQ:RDNT) Reached the 3-year Low of $1.53

The prices of RadNet, Inc. (NASDAQ: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:


GuruFocus Mobile App Available


Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
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)
FEEDBACK