Weekly Three-Year Low Highlights

Prices of Deutsche Bank AG, Enbridge, Deere & Co., Franklin Resources decline

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Sep 15, 2015
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According to GuruFocus list of 3-year lows, Deutsche Bank AG (DB, Financial), Enbridge Inc. (ENB, Financial), Deere & Co. (DE, Financial) and Franklin Resources Inc. (BEN, Financial) have all reached their three-year lows.

Deutsche Bank AG reached $29.14

The prices of Deutsche Bank AG shares have declined to $29.14, which is 46.4% off the three-year high of $51.84.

The company has a market cap of $40.18 billion, and its shares were traded at around $29.14 with a P/E ratio of 25.21 and P/S ratio of 1.03. The dividend yield of Deutsche Bank AG stocks is 2.86%.

Deutsche Bank has reported its second quarter 2015 results. Net income for this period was EUR 818 million compared to EUR 238 million in the same period of 2014. Net revenues were EUR 9.2 billion, up 17% year over year.

Enbridge reached $38.24

The prices of Enbridge shares have declined to $38.24, which is 35.3% off the three-year high of $57.19.

Enbridge has a market cap of $32.89 billion; its shares were traded at around $38.24 with a P/E ratio of 236.74 and P/S ratio of 1.29. The dividend yield of Enbridge stocks is 3.67%, and the company had an annual average earnings growth of 5.50% over the past 10 years. GuruFocus rated it the business predictability rank of 3-star.

Enbridge reported second quarter adjusted earnings of $505 million, or $0.60 per share, versus adjusted earnings of $328 million in the prior year quarter. On a non-adjusted basis, earnings were down to $577 million from $756 million for the same quarter last year.

Senior Officer David Thomas Robottom sold 16,171 shares of ENB stock on Sept. 9 at the average price of 54.19. Robottom owns at least 49,581 shares after this. The price of the stock has decreased by 29.43% since.

Deere & Co. reached $79.68

The prices of Deere & Co. shares have declined to $79.68, which is 21.9% off the three-year high of $98.23.

The company has a market cap of $26.15 billion. Its shares were traded at around $79.68 with a P/E ratio of 12.28 and P/S ratio of 0.88. The dividend yield of Deere & Co. stocks is 3.02%, and it had an annual average earnings growth of 11.20% over the past 10 years. GuruFocus rated Deere & Co. the business predictability rank of 3.5-star.

Deere has announced its third quarter 2015 results. For this period, the company reported net income of $511.6 million, or $1.53 per share, compared with $850.7 million, or $2.33 per share for the third quarter of 2014. Worldwide net sales and revenues decreased 20% year-over-year to $7.59 billion.

Franklin Resources reached $39.17

The prices of Franklin Resources shares have declined to $39.17, which is 35.6% off the three-year high of $59.43.

Franklin Resources has a market cap of $24.04 billion, and its shares were traded at around $39.17 with a P/E ratio of 10.52 and P/S ratio of 2.92. The dividend yield of Franklin Resources Inc stocks is 1.44%. Franklin Resources had an annual average earnings growth of 11.30% over the past 10 years. GuruFocus rated it the business predictability rank of 3.5-star.

For its third quarter of 2015, Franklin Resources announced net income of $504.2 million, or $0.82 per diluted share. This compares to net income of $578.9 million, or $0.92 per diluted share in its prior year quarter. Operating revenues were flat at $2.0 billion. Assets under management were down 2% to $866.5 billion.

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