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Weekly 3-Year Low Highlights: AVP, STAY, RAX, LDR, PFSI

March 31, 2014 | About:
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According to GuruFocus' list of three-year lows; Avon Products Inc., Extended Stay America Inc., Rackspace Hosting Inc., Landauer Inc. and PennyMac Financial Services Inc. have all reached their three-year lows.

Avon Products Inc. (AVP) Reached the Three-Year Low of $14.36

The prices of Avon Products Inc. (AVP) shares have declined to close to the 3-year low of $14.36, which is 56.6% off the t-year high of $31.60.

Avon Products Inc. commenced operations in 1886 and was incorporated in the State of New York on Jan. 27, 1916. Avon Products Inc. has a market cap of $6.23 billion; its shares were traded at around $14.36 with and P/S ratio of 0.62. The dividend yield of Avon Products Inc. stocks is 1.67%.

Avon Products Inc. saw fourth quarter 2013 revenues go down 10% to $2.7 billion. Operating loss for the quarter was $17 million and net loss from continuing operations was $68 million ($0.16 per share) compared to net loss of $36 million last year.

1 Guru Initiated Positions: NWQ Managers (Trades, Portfolio) bought 6,848,110 shares in the quarter that ended on 12/31/2013, which is 1% of the $11.42 billion portfolio of NWQ Investment Management Co.

3 Gurus Increased Positions: Wallace Weitz (Trades, Portfolio) owns 730,000 shares as of 12/31/2013, an increase of 4766.67% from the previous quarter. Joel Greenblatt (Trades, Portfolio) owns 811,077 shares as of 12/31/2013, an increase of 112.91% from the previous quarter. Charles Brandes (Trades, Portfolio) owns 532,114 shares as of 12/31/2013, an increase of 17.83% from the previous quarter.

Extended Stay America Inc. (STAY) Reached the Three-Year Low of $22.64

The prices of Extended Stay America Inc. (STAY) shares have declined to close to the three-year low of $22.64, which is 17.5% off the three-year high of $26.83.

Extended Stay America Inc. has a market cap of $4.64 billion; its shares were traded at around $22.64 with a P/E ratio of 106.80 and P/S ratio of 3.50. The dividend yield of Extended Stay America Inc stocks is 0.35%.

The company has released its fourth quarter 2013 results. Fourth quarter revenues were $268.8 million – a 7.3% increase over the prior year quarter. Net loss was $15.4 million for the quarter versus net loss of $33.0 million last year. Adjusted EBITDA increased 13.8% to $120.5 million.

3 Gurus Initiated Positions: John Paulson (Trades, Portfolio) bought 55,711,591 shares in the quarter that ended on 12/31/2013, which is 7.2% of the $20.3 billion portfolio of Paulson & Co. Andreas Halvorsen (Trades, Portfolio) bought 542,531 shares in the quarter that ended on 12/31/2013, which is 0.066% of the $21.43 billion portfolio of Viking Global Investors LP. Ron Baron (Trades, Portfolio) bought 347,351 shares in the quarter that ended on 12/31/2013, which is 0.038% of the $24.12 billion portfolio of Baron Funds.

Rackspace Hosting Inc. (RAX) Reached the Three-Year Low of $31.26

The prices of Rackspace Hosting, Inc. (RAX) shares have declined to close to the three-year low of $31.26, which is 62.7% off the three-year high of $81.36.

Rackspace Hosting Inc. was incorporated in Delaware on March 7, 2000, under the name Rackspace. Rackspace Hosting Inc. has a market cap of $4.43 billion; its shares were traded at around $31.26 with a P/E ratio of 51.80 and P/S ratio of 2.92. Rackspace Hosting Inc. had an annual average earnings growth of 23.40% over the past five years.

Rackspace Hosting reported fourth quarter net revenue of $408 million, up 16% over the fourth quarter of last year. Adjusted EBITDA increased 2% year-over-year to $132 million. Net income was $21 million for the quarter, which was down 30% from the fourth quarter of 2013.

Landauer Inc. (LDR) Reached the 3-year Low of $45.20

The prices of Landauer Inc. (LDR) shares have declined to close to the three-year low of $45.20, which is 34.5% off the three-year high of $66.04.

Landauer Inc. has a market cap of $431.097 million; its shares were traded at around $45.20 with a P/E ratio of 161.40 and P/S ratio of 2.85. The dividend yield of Landauer Inc. stocks is 4.87%.

The company recently released its first quarter 2014 results, which included revenue of $37.7 million, operating income of $5.0 million, and net income of $3.2 million ($0.32 per share).

PennyMac Financial Services Inc. (PFSI) Reached the Three-Year Low of $15.91

The prices of PennyMac Financial Services Inc. (PFSI) shares have declined to close to the three-year low of $15.91, which is 32.5% off the three-year high of $23.33.

PennyMac Financial Services Inc. was incorporated as a Delaware corporation on Dec. 31, 2012. Pennymac Financial Services Inc. has a market cap of $332.193 million; its shares were traded at around $15.91 with a P/E ratio of 15.70 and P/S ratio of 1.62.

1 Guru Kept Positions in PFSI Unchanged or Slightly Adjusted: Leon Cooperman (Trades, Portfolio) owns 2,759,600 shares as of 12/31/2013, which accounts for 0.69% of the $7.05 billion portfolio of Omega Advisors.

1 Guru Reduced Positions: NWQ Managers (Trades, Portfolio) owns 117,500 shares as of 12/31/2013, a decrease of 83.4% of from the previous quarter. This position accounts for 0.018% of the $11.42 billion portfolio of NWQ Investment Management Co.

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


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