3 Companies Fall to 52-Week Lows

Hanover, Team Health and Community Health decline

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Aug 17, 2016
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According to GuruFocus’ data, three stocks have reached their 52-week lows.

The Hanover Insurance Group reached the 52-week low of $77.68

The price of The Hanover Insurance Group Inc. (THG, Financial) shares has declined to close to the 52-week low of $77.68, which is 14.9% off the 52-week high of $91.30. The company has a market cap of $3.33 billion.

As of Aug. 17 its shares traded at $77.68 with a price-earnings (P/E) ratio of 14.46 and price-sales (P/S) ratio of 0.73. Hanover's trailing 12-month dividend yield is 2.32%. The forward dividend yield is 2.34%. The company had an annual average earnings growth of 10.70% over the past 10 years. GuruFocus rated Hanover’s business predictability at 3 stars.

Hanover is a holding company. It is engaged in providing property and casualty insurance products and services to businesses, individuals and families through a group of independent agents and brokers.

Hanover reported net income of $2.0 million for the second quarter compared to net income of $120.7 million in the prior-year quarter. Operating income was $54.0 million for the second quarter compared to $70.4 million in the prior-year quarter.

Senior Vice President and Chief Human Resources Officer Christine Bilotti-Peterson sold 3,600 shares for $82.31 per share on Aug. 1. The price has decreased by 5.63% since.

Team Health Holdings reached the 52-week low of $34.12

The price of Team Health Holdings Inc. (TMH, Financial) shares has declined to close to the 52-week low of $34.12, which is 49.0% off the 52-week high of $65. The company has a market cap of $2.53 billion.

As of Aug. 17 its shares traded at $34.39 with a P/E ratio of 56.94 and P/S ratio of 0.64. Team Health had an annual average earnings growth of 10.80% over the past five years.

Team Health is a supplier of outsourced health care professional staffing and administrative services to hospitals and other health care providers in the U.S.

Net revenue increased 27.9% to $1.12 billion from $878.0 million in the second quarter of 2015.

Community Health Systems reached the 52-week low of $10.11

The price of Community Health Systems Inc. (CYH, Financial) shares has declined to close to the 52-week low of $10.11, which is 79.7% off the 52-week high of $49.58. The company has a market cap of $1.15 billion.

As of Aug. 17 its shares traded at $10.13 with a P/E ratio of -0.78 and P/S ratio of 0.06. Community Health had an annual average earnings growth of 14.50% over the past 10 years.

Community Health provides health care services through the hospitals it owns and operates in nonurban and selected urban markets throughout the U.S.

Net operating revenues for the three months ended June 30 totaled $4.590 billion, a 6.0% decrease compared with $4.882 billion for the same period in 2015.

Disclaimer: I do not own stock in any of the companies mentioned in this article.

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