Companies' Prices Near 5-Year Lows

Veeco Instruments, Alon USA Energy, Bristow Group and Unisys approach milestones

Author's Avatar
Jul 08, 2016
Article's Main Image

According to GuruFocus' list of five-year lows, these stocks have reached their five-year lows: Veeco Instruments Inc. (VECO, Financial), Alon USA Energy Inc. (ALJ, Financial), Bristow Group Inc. (BRS, Financial) and Unisys Corp. (UIS, Financial).

Veeco Instruments reached $16.36

The price of Veeco Instruments shares has declined to $16.36, which is only 6.7% above the five-year low of $15.26. It is now 66.5% off the five-year high of $45.55.

Veeco Instruments is owned by six gurus we are tracking. Among them, none added to their positions during the past quarter. Four reduced their positions.

Veeco Instruments has a market cap of $652.240 million; its shares were traded around $16.37 with a P/S ratio of 1.45.

Veeco Instruments' price has declined by 61% over the past five years.

02May2017155717.png

Veeco Instrument net sales have increased because of an increase in the Advanced Packaging, MEMS & RF market. Its gross profit has increased due to the acquisition of PSP, which also increased sales volumes and improved product mix. The company’s expenses remained relatively constant when compared to last year’s expenses.

GuruFocus has found two severe warning signs for Veeco Instruments:

  • Declining revenue per share.
  • Declining gross margin.

02May2017155717.png

In its first-quarter financial results, the company announced revenue of $78 million, a 21% decrease from last year’s first-quarter revenue. Net loss was $15.5 million, compared with the 2015 first-quarter net loss of $19.1 million.

FPA Capital Fund (Trades, Portfolio) and Ken Fisher (Trades, Portfolio) kept their positions in Veeco Instruments unchanged or slightly adjusted. Robert Karr (Trades, Portfolio) reduced his position.

Alon USA Energy reached $5.92

The price of Alon USA Energy shares has declined to $5.92, which is only 9.6% above the five-year low of $5.35. It is now 77.0% off the five-year high of $23.29. Alon USA Energy is owned by five gurus we are tracking. Among them, two added to their positions during the past quarter, and two reduced their positions.

Alon USA Energy has a market cap of $421.460 million; its shares were traded around $5.92 with a P/S ratio of 0.12. The trailing 12-month dividend yield of Alon USA Energy stocks is 10.14%. The forward dividend yield of Alon USA Energy stocks is 9.88%.

Alon USA Energy's price has declined by 46% over the last five years.

02May2017155718.png

Alon USA Energy competes in the petroleum refining and marketing industry, the asphalt market and in retail. The company faces competition with companies like ExxonMobil (XOM, Financial), Phillips 66 (PSX, Financial), HollyFrontier (HFC, Financial) and Chevron (CVX, Financial).

GuruFocus has found one severe warning sign for Alon USA Energy:

  • Declining revenue per share.

Alon USA Energy announced revenue of $850.0 million and net loss of $36.1 million in its first-quarter financial results. This is compared with last year’s first-quarter revenue of $1.1 billion and net income of $34.1 million.

Joel Greenblatt (Trades, Portfolio) increased his position in Alon USA Energy. Fisher and John Keeley (Trades, Portfolio) kept their positions unchanged.

Bristow Group reached $11.56

The price of Bristow Group shares has declined to $11.56, which is only 6.6% above the five-year low of $10.80. It is now 87.4% off the five-year high of $85.70.

Bristow Group is owned by seven gurus we are tracking. Among them, five added to their positions during the past quarter. Two reduced their positions.

Bristow Group has a market cap of $404.350 million; its shares were traded around $11.56 with a P/S ratio of 0.23. The trailing 12-month dividend yield of Bristow Group stocks is 7.10%. The forward dividend yield of Bristow Group stocks is 2.42%.

Bristow Group stock prices have declined by 76% over the past five years.

02May2017155719.png

Bristow Group faces competition from companies in the North Sea, Nigeria, Australia and the Gulf of Mexico in the helicopter transportation industry. Although new competitors have shown up in Nigeria, the company believes there will not be an extensive amount of new competition due to the capital investment, working capital, personnel, etc., needed.

GuruFocus has found three severe warning signs for Bristow Group:

  • Declining gross margin.
  • High short percentage of float.
  • Long-term debt.

In its 2016 fiscal annual results, Bristow Group reported net loss of $73.9 million, compared with last year’s $84.3 million, and operating revenue of $1.6 billion, compared with last year’s $1.7 billion.

Keeley, John Rogers (Trades, Portfolio), Fisher and Third Avenue Management (Trades, Portfolio) kept their positions in Bristow Group unchanged.

Unisys reached $7.23

The price of Unisys shares has declined to $7.23, which is only 7.1% above the five-year low of $6.72. It is now 81.4% off the five-year high of $36.05. Unisys is owned by four gurus we are tracking. Among them, three added to their positions, and one acquired a stake in the company during the past quarter. Unisys has a market cap of $362.920 million; its shares were traded around $7.25 with a P/S ratio of 0.12.

Unisys stock prices have declined by 71% over the past five years.

02May2017155719.png

Unisys attributes the decline of revenue to negative impacts of foreign currency fluctuations. Decreasing gross profit and operating loss during the year reflect the cost reduction charges.

GuruFocus has found four severe warning signs for Unisys:

  • Low Piotroski F-Score.

02May2017155720.png

  • Declining revenue per share.
  • Declining gross margin.

02May2017155720.png

  • Long-term debt.

In its first-quarter financial results, Unisys reported net sales of $667 million, down 8% year over year, and net loss of $39.9 million, compared with last year’s net loss of $43.2 million.

Start a free seven-day trial of Premium Membership to GuruFocus.