5-year lows: FirstEnergy Corp, Staples Inc, Avon Products Inc, and American Eagle Outfitters

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Jul 20, 2014

According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: FirstEnergy Corp, Staples Inc, Avon Products Inc, and American Eagle Outfitters

FirstEnergy Corp (NYSE:FE) Reached $31.89

The prices of FirstEnergy Corp (FE, Financial) shares have declined to $31.89, which is only 5.6% above the 5-year low of $30.10. It is now 41.1% off the 5-year high of $51.14. FirstEnergy Corp is owned by 9 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 8 reduced their positions. FirstEnergy Corp. was organized under the laws of the State of Ohio in 1996. Firstenergy Corp has a market cap of $13.39 billion; its shares were traded at around $31.89 with a P/E ratio of 33.30 and P/S ratio of 0.87. The dividend yield of Firstenergy Corp stocks is 5.71%.

Richard Pzena (Trades, Portfolio) initiated his position in First Energy Corp. He bought 144,650 shares. Arnold Schneider (Trades, Portfolio), who increased his position, owns 34,795 shares. Brian Rogers (Trades, Portfolio), John Hussman (Trades, Portfolio) and Mario Gabelli (Trades, Portfolio) all kept their positions unchanged. GuruFocus Guru David Dreman (Trades, Portfolio) reduced his position and owns 3,611 shares while Jean-Marie Eveillard (Trades, Portfolio) and Ray Dalio (Trades, Portfolio) both sold out their holdings of the Company.

President, FE Solutions Donald R Schneider, EVP & Pres, FE Utilities Charles E Jones¸ and Sr VP, External Affairs Michael J Dowling sold 31,653 shares of FE stock in March and May.

Staples Inc (NAS:SPLS) Reached $11.17

The prices of Staples Inc (SPLS, Financial) shares have declined to $11.17, which is only 5.4% above the 5-year low of $10.57. It is now 59.3% off the 5-year high of $26.00. Staples Inc is owned by 18 Gurus we are tracking. Among them, 13 have added to their positions during the past quarter. 8 reduced their positions. Staples, Inc is a Delaware corporation incorporated in 1986. Staples Inc has a market cap of $7.22 billion; its shares were traded at around $11.17 with a P/E ratio of 13.20 and P/S ratio of 0.32. The dividend yield of Staples Inc stocks is 4.30%. Staples Inc had an annual average earnings growth of 0.50% over the past 10 years.

Staples Inc reported their 2014 first quarter results. The Company announced revenues of $5.7 billion and net income of $96 million.

5 GuruFocus Gurus, Joel Greenblatt (Trades, Portfolio), Ray Dalio (Trades, Portfolio), David Dreman (Trades, Portfolio), HOTCHKIS & WILEY, and Charles Brandes (Trades, Portfolio), all increased their positions in Staples Inc. Richard Pzena (Trades, Portfolio), Brian Rogers (Trades, Portfolio), Yacktman Fund (Trades, Portfolio), John Hussman (Trades, Portfolio), and Donald Yacktman (Trades, Portfolio) all kept their positions in the Company unchanged or slightly adjusted. Rober Olstein sold out his holdings.

Chairman and CEO Ronald Sargent bought 8,500 shares of SPLS stock on 04/03/2014 at the average price of 11.82. President, NAC Shira Goodman bought 5,000 shares of SPLS stock on 03/20/2014 at the average price of 11.44. Director Rowland Moriarty sold 125,235 shares of SPLS stock in April and June.

Avon Products Inc (NYSE:AVP) Reached $14.13

The prices of Avon Products Inc (AVP, Financial) shares have declined to $14.13, which is only 6.4% above the 5-year low of $13.22. It is now 63.7% off the 5-year high of $36.39. Avon Products Inc is owned by 18 Gurus we are tracking. Among them, 11 have added to their positions during the past quarter. 8 reduced their positions. Avon Products Inc. commenced operations in 1886 and was incorporated in the State of New York on January 27, 1916. Avon Products Inc has a market cap of $6.14 billion; its shares were traded at around $14.13 with and P/S ratio of 0.63. The dividend yield of Avon Products Inc stocks is 1.70%.

Avon Products Inc announced their 2014 first quarter financial results with revenues of $2.1 billion and net loss of $167.2 million.

GuruFocus Gurus Richard Snow (Trades, Portfolio) and Ray Dalio (Trades, Portfolio) both initiated their positions in Avon Products Inc. Joel Greenblatt (Trades, Portfolio), Wallace Weitz (Trades, Portfolio), Donald Yacktman (Trades, Portfolio), and Charles Brandes (Trades, Portfolio) all increased their positions in the Company. Greenblatt owns 2,479,214 shares, Weitz owns 2,094,000 shares, Yacktman owns 24,999,556 shares, and Brandes owns 648,944 shares. 6 Gurus also kept their positions unchanged.

Senior Vice President Brian Salsberg, Director Sara Mathew¸ Director W Don Cornwell, and Director Paula Stern bought 18,220 shares of AVP stock in May.

American Eagle Outfitters (NYSE:AEO) Reached $10.72

The prices of American Eagle Outfitters (AEO, Financial) shares have declined to $10.72, which is only 6.7% above the 5-year low of $10.00. It is now 58.2% off the 5-year high of $23.94. American Eagle Outfitters is owned by 14 Gurus we are tracking. Among them, 8 have added to their positions during the past quarter. 7 reduced their positions. American Eagle Outfitters was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc. American Eagle Outfitters has a market cap of $2.08 billion; its shares were traded at around $10.72 with a P/E ratio of 35.30 and P/S ratio of 0.64. The dividend yield of American Eagle Outfitters stocks is 4.66%.

American Eagle Outfitters announced their 2014 first quarter financial results. The Company reported revenues of $646 million and net income of $3.9 million.

GuruFocus Guru Ray Dalio (Trades, Portfolio) initiated his position in American Eagle Outfitters. He bought 104,300 shares. Richard Snow (Trades, Portfolio), who owns 2,678,385 shares, and John Keeley (Trades, Portfolio), who owns 20,700 shares, both increased their positions in the Company. Guru John Hussman (Trades, Portfolio) reduced his position while Joel Greenblatt (Trades, Portfolio) and Third Avenue Management (Trades, Portfolio) both sold out their holdings of AEO.

Director Cary D Mcmillan, Executive Chairman of the Boar Jay L Schottenstein, and Director Noel Joseph Spiegel bought 506,700 shares of AEO stock in January and March. EVP-ChiefMdsingOff-Aerie Brand Jennifer M. Foyle sold 10,243 shares of AEO stock on 03/14/2014 at the average price of 12.91.

Go here for the complete list of 5-year lows.