According to GuruFocus' list of five-year lows, these guru stocks have reached their historical low prices: Oceaneering International Inc. (OII, Financial), Rackspace Hosting Inc. (RAX, Financial), Genesis Energy LP (GEL, Financial) and Rayonier Inc. (RYN, Financial)
Oceaneering International reached $27.12
The prices of Oceaneering International shares have declined to $27.12, which is only 6.6% above its five-year low of $25.33. It is now 71.1% off the five-year high of $87.64.
Oceaneering International is owned by 10 gurus we are tracking. Among them, three have added to their positions during the past quarter.
Oceaneering International was organized as a Delaware corporation in 1969 out of the combination of three diving service companies founded in the early 1960s. Oceaneering International has a market cap of $2.65 billion; its shares were traded at around $27.12 with a P/E ratio of 8.90 and P/S ratio of 0.84.
The dividend yield of Oceaneering International stocks is 3.98%. Oceaneering International had an annual average earnings growth of 17.20% over the past 10 years. GuruFocus rated Oceaneering International the business predictability rank of 4.5 stars.
Oceaneering International announced its 2015 fourth-quarter results with net earnings of $27.5 million and net sales of $722.1 million.
Gurus Ken Fisher (Trades, Portfolio) and Mario Gabelli (Trades, Portfolio) both kept their positions in Oceaneering International. Fisher owns 719,803 shares, and Gabelli owns 456,934 shares.
Senior Vice President Stephen P. Barrett and Director John R. Huff together bought 201,000 shares of Oceaneering International stock in September and November.
Rackspace Hosting reached $17.63
The prices of Rackspace Hosting shares have declined to $17.63, which is only 7.1% above the five-year low of $16.38. It is now 79.9% off the five-year high of $81.36.
Rackspace Hosting is owned by seven gurus we are tracking. Among them, five have added to their positions during the past quarter.
Rackspace Hosting was incorporated in Delaware in March 2000. Rackspace Hosting has a market cap of $2.37 billion; its shares were traded at around $17.63 with a P/E ratio of 19.20 and P/S ratio of 1.30. Rackspace Hosting had an annual average earnings growth of 21.40% over the past five years.
Rackspace Hosting recognized net sales of $509 million and net income of $37 million in its 2015 third quarter results.
Guru Joel Greenblatt (Trades, Portfolio) initiated a position in Rackspace Hosting and bought 15,977 shares. Gurus Julian Robertson (Trades, Portfolio) and Gabelli sold out their holdings in the company.
President and CEO Taylor Rhodes sold 18,191 shares of Rackspace Hosting stock in November and January. Director and 10% owner Graham M. Weston bought 85,500 shares of Rackspace Hosting stock on Aug. 25, 2015 at the average price of $29.24. Vice President Tiffany Lathe sold 4,500 shares of Rackspace Hosting stock on Nov. 11, 2015 at the average price of $29.66.
Genesis Energy LP reached $21.56
The prices of Genesis Energy LP shares have declined to $21.56, which is only 9.3% above the five-year low of $19.55. It is now 66.0% off the five-year high of $57.47. Genesis Energy LP is owned by one guru we are tracking. That guru added to the position during the past quarter.
Genesis Energy LP, a Delaware corporation, was incorporated on Sept. 6, 1996 as a master limited partnership. Genesis Energy LP has a market cap of $2.37 billion; its shares were traded at around $21.56 with a P/E ratio of 5.40 and P/S ratio of 0.80. The dividend yield of Genesis Energy LP stocks is 11.73%. Genesis Energy LP had an annual average earnings growth of 9.30% over the past 10 years.
Genesis Energy LP declared its 2015 third-quarter financial results with revenues of $572.3 million and net income of $363.4 million.
Rayonier reached $19.08
The prices of Rayonier shares have declined to $19.08, which is only 6.4% above the five-year low of $17.85. It is now 60.5% off the five-year high of $45.24. Rayonier is owned by nine gurus we are tracking. Among them, five added to their positions during the past quarter.
Rayonier originated as the Rainier Pulp & Paper Company founded in Shelton, Washington in 1926. Rayonier has a market cap of $2.36 billion; its shares were traded at around $19.08 with a P/E ratio of 53.00 and P/S ratio of 4.40. The dividend yield of Rayonier stocks is 5.24%.
Rayonier announced its 2015 fourth-quarter results. The company reported net sales of $137.1 million and net earnings of $10.3 million.
Guru T Rowe Price Equity Income Fund (Trades, Portfolio) bought 4 million shares and initiated its position. Third Avenue Management (Trades, Portfolio) owns 2,523,070 shares and increased its position in Rayonier. Mason Hawkins (Trades, Portfolio) and John Keeley (Trades, Portfolio) both kept their positions in the company and First Eagle Investment (Trades, Portfolio) sold out its holdings in Rayonier.
CEO David L. Nunes bought 10,000 shares of Rayonier stock on Dec. 15, 2015 at the average price of $22. Director Andrew G. Wiltshire bought 1,060 shares of Rayonier stock on Jan. 7 at the average price of $22.03. Vice President of U.S. Operations Douglas M. Long sold 881 shares of Rayonier stock on Sept.10, 2015 at the average price of 22.8.
Go here for the complete list of five-year lows.
