52-Week Company Lows

Prices of Bristol-Myers, Kroger, Equity Residential, Hanover, Flowers Foods and Oceaneering fall

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Sep 02, 2016
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According to GuruFocus’ list of 52-week lows, these stocks have reached their 52-week lows.

Bristol-Myers Squibb reached the 52-week low of $56.76

The price of Bristol-Myers Squibb Company (BMY, Financial) shares has declined to close to the 52-week low of $56.76, which is 27.0% off the 52-week high of $77.12. The company has a market cap of $123.62 billion.

As of Sept. 1 its shares traded at $56.76 with a price-earnings (P/E) ratio of 33.40 and a price-sales (P/S) ratio of 5.39. Bristol-Myers' trailing 12-month dividend yield is 2.65%. The forward dividend yield is 2.65%.

Bristol-Myers is a biopharmaceutical company. It discovers, develops, licenses, manufactures, markets, distributes and sells biopharmaceutical products.

Total revenue for the second quarter was $4.9 billion, an increase of 17% compared to $4.2 billion from the same period of 2015.

Director Lamberto Andreotti sold 23,200 shares of Bristol-Myers stock for $59.17 per share on Aug. 25. The price of the stock has decreased by 4.07% since.

Kroger reached the 52-week low of $31.96

The price of The Kroger Co. (KR, Financial) shares has declined to close to the 52-week low of $31.96, which is 26.8% off the 52-week high of $42.75. The company has a market cap of $30.33 billion.

As of Sept. 1 its shares traded at $31.96 with a P/E ratio of 15.04 and a P/S ratio of 0.29. Kroger's trailing 12-month dividend yield is 1.36%. The forward dividend yield is 1.50%. Kroger had an annual average earnings growth of 9.50% over the past 10 years. GuruFocus rated Kroger’s business predictability at 3 stars.

Kroger operates retail food and drug stores, multidepartment stores, jewelry stores and convenience stores throughout the U.S. It also manufactures and processes some of the food for sale in its supermarkets.

Net earnings for the first quarter were $680 million. Kroger's net earnings during the first quarter last year were $619 million or 62 cents per diluted share.

Equity Residential reached the 52-week low of $64.41

The price of Equity Residential (EQR, Financial) shares has declined to close to the 52-week low of $64.41, which is 23.4% off the 52-week high of $82.39. The company has a market cap of $23.55 billion.

As of Sept. 1 its shares traded at $64.41 with a P/E ratio of 5.62 and a P/S ratio of 9.41. Equity Residential's trailing 12-month dividend yield is 3.27%. The forward dividend yield is 3.11%. The company had an annual average earnings growth of 4.00% over the past 10 years.

Equity Residential is a real estate investment trust engaged in the acquisition, development and management of apartment properties in the U.S. It owns and manages 400 properties located in Boston, New York City, Washington and South Florida among others.

Total revenue for the second quarter was $595 million compared to $679 million from the year prior.

Hanover Insurance Group reached the 52-week low of $78.12

The price of The Hanover Insurance Group Inc. (THG, Financial) shares has declined to close to the 52-week low of $78.12, which is 17.4% off the 52-week high of $91.30. The company has a market cap of $3.34 billion.

As of Sept. 1 its shares traded at $78.12 with a P/E ratio of 14.56 and a P/S ratio of 0.71. Hanover's trailing 12-month dividend yield is 2.28%. The forward dividend yield is 2.35%. 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.

Flowers Foods reached the 52-week low of $14.73

The price of Flowers Foods Inc. (FLO, Financial) shares has declined to close to the 52-week low of $14.73, which is 47.5% off the 52-week high of $27.31. The company has a market cap of $3.05 billion.

As of Sept. 1 its shares traded at $14.73 with a P/E ratio of 16.73 and a P/S ratio of 0.80. Flowers Foods' trailing 12-month dividend yield is 4.12%. The forward dividend yield of the stocks is 4.29%. The company had an annual average earnings growth of 11.70% over the past 10 years. GuruFocus rated Flowers Foods’ business predictability at 4 stars.

Flowers Foods is a producer and marketer of packaged bakery foods. It consists of two business segments: direct-store delivery and warehouse delivery. Its brands include Nature's Own, Whitewheat, Wonder Bread and Cobblestone Bread Co. among others.

Consolidated net income for the second quarter was $51.2 million, a decrease of 1.2%. Adjusted net income was $54.0 million, an increase of 1.5%.

Chairman Emeritus Amos R. McMullian bought 30,000 shares of Flowers Foods' stock for $14.99 per share on Aug. 25. The price has decreased by 1.73% since.

Director James T. Spear bought 10,000 shares for $15.28 per share on Aug. 22. The price has decreased by 3.6% since.

Director Richard Lan bought 14,000 shares for $15.18 per share on Aug. 22. The price has decreased by 2.96% since.

Director Margaret G. Lewis bought 1,800 shares for $15.3 per share on Aug. 16. The price has decreased by 3.73% since.

Non-Executive Chairman George E. Deese sold 462,500 shares for $15.14 per share on Aug. 26. The price has decreased by 2.71% since.

Oceaneering International reached the 52-week low of $25.73

The price of Oceaneering International Inc. (OII, Financial) shares has declined to close to the 52-week low of $25.73, which is 47.3% off the 52-week high of $48.11. The company has a market cap of $2.52 billion.

As of Sept. 1 its shares traded at $25.73 with a P/E ratio of 17.49 and a P/S ratio of 0.95. Oceaneering's trailing 12-month dividend yield is 4.21%. The forward dividend yield is 4.07%. The company had an annual average earnings growth of 13.30% over the past 10 years. GuruFocus rated Oceaneering’s business predictability at 4.5 stars.

Oceaneering is an oilfield provider of engineered services and products to the offshore oil and gas industry with a focus on deepwater applications.

Net income for the three months ended June 30 was $22.3 million on revenue of $626 million. During the prior quarter ended March 31 Oceaneering reported net income of $25.1 million on revenue of $608 million.

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

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