According to GuruFocus list of three-year lows, International Paper Co. (IP, Financial), Nucor Corp. (NUE, Financial), Macy’s Inc. (M, Financial) and Harley-Davidson Inc. (HOG, Financial) have all reached their three-year lows.
International Paper reached $38.58
The prices of International Paper shares have declined to $38.58, which is 35.9% off its three-year high of $57.90.
International Paper has a market cap of $15.99 billion. Its shares were traded at around $38.58 with a P/E ratio of 18.18 and a P/S ratio of 0.73. The company has a dividend yield of 4.25% and an annual average earnings growth of 5.70% over the past 10 years.
International Paper has released its third-quarter performance results. Net earnings for this quarter were $220 million, or 53 cents per share, compared with net earnings of $355 million, or 83 cents per share, in the third quarter of 2014. Operating earnings were $407 million versus $409 million last year. Third quarter net sales were $5.7 billion compared to the $6.1 billion reported in the prior year quarter.
Nucor reached $38.66
The prices of Nucor shares have declined to $38.66, which is 37.4% off its three-year high of $58.76.
Nucor and its affiliates are manufacturers of steel and steel products. The company has a market cap of $12.36 billion; its shares were traded at around $38.66 with a P/E ratio of 19.66 and a P/S ratio of 0.68. The dividend yield of Nucor stocks is 3.86%. The company had an annual average earnings growth of 36.80% over the past five years.
For its third quarter, Nucor reported consolidated earnings of $227.1 million, or 71 cents per diluted share. This compares to earnings of $245.4 million, or 76 cents per share, for the third quarter of 2014. Nucor has also recently announced its guidance for the fourth quarter ending Dec. 31. The company expects fourth-quarter results in the range of 15 cents to 20 cents per diluted share, which is a decrease from the fourth quarter 2014 earnings of 65 cents per diluted share.
Macy's reached $35.87
The prices of Macy's shares have declined to $35.87, which is 52.0% off the three-year high of $73.61.
Macy's and its predecessors have been operating department stores since 1830. The company has a market cap of $11.28 billion, and its shares were traded at around $35.87 with a P/E ratio of 9.40 and a P/S ratio of 0.45. The dividend yield of Macy's stocks is 3.89%. Macy's had an annual average earnings growth of 13.30% over the past five years.
Macy’s reported third-quarter earnings per share of 36 cents. Excluding asset impairment charges related to the company’s plans to close 35 to 40 stores, third-quarter earnings per share were 56 cents. This compares to EPS of 61 cents in the third quarter of 2014. Third-quarter sales were $5.87 billion, down 5.2% from the same period last year.
Harley-Davidson reached $46.83
The prices of Harley-Davidson shares have declined to $46.83, which is 39.1% off the three-year high of $74.13.
Harley-Davidson has a market cap of $8.98 billion, and its shares were traded at around $46.83 with a P/E ratio of 12.53 and a P/S ratio of 1.63. The company has a dividend yield of 2.65% and an annual average earnings growth of 25.80% over the past five years.
Harley-Davidson had third quarter diluted EPS of 69 cents, flat compared to the third quarter of 2014. Net income was $140.3 million and revenue was $1.32 billion. This compares to net income of $150.1 million on revenues of $1.30 billion for the year-ago period.
SVP, Chief Marketing Officer Mark Hans Richer sold 10,000 shares on Aug. 17 at the average price of $59.32.
Go here for the complete list of three-year lows.
