52-Week Company Lows

Prices decline for ExxonMobil, Occidental Petroleum, Target, L Brands, Kimco and Macerich

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Feb 24, 2017
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According to GuruFocus’ list of 52-week lows, these stocks have reached their 52-week lows.

ExxonMobil reached the 52-week low of $81.78

The price of ExxonMobil Corp. (XOM, Financial) shares has declined to close to the 52-week low of $81.78, which is 16.6% off the 52-week high of $95.55. The company has a market cap of $339.22 billion.

Its shares traded at $81.78 with a price-earnings (P/E) ratio of 43.50 and a price-sales (P/S) ratio of 1.51 as of Feb. 23. ExxonMobil's trailing 12-month dividend yield is 3.69%. The forward dividend yield is 3.71%.

ExxonMobil is engaged in energy, involving exploration for and production of crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products.

Earnings for the fourth quarter of 2016 were $1.7 billion which decreased $1.1 billion, or 40%, from the fourth quarter of 2015.

Occidental Petroleum reached the 52-week low of $65.25

The price of Occidental Petroleum Corp. (OXY, Financial) shares has declined to close to the 52-week low of $65.25, which is 18.0% off the 52-week high of $78.48. The company has a market cap of $49.86 billion.

Its shares traded at $65.25 with a P/E ratio of -86.77 and a P/S ratio of 4.81 as of Feb. 23. Occidental Petroleum's trailing 12-month dividend yield is 4.65%. The forward dividend yield is 4.61%.

Occidental Petroleum is a multinational organization whose subsidiaries and affiliates operate in the oil and gas, chemical and midstream, marketing and other segments.

The company reported a loss of $272 million for the fourth quarter of 2016.

Director Stephen I. Chazen sold 4,000 shares for $68.3 per share on Jan. 26; 4,000 shares for $68 per share on Feb. 2; 4,000 shares for $67.33 per share on Feb. 9; and 4,000 shares for $66.42 per share on Feb. 16. Chazen also sold 4,000 shares for $66.26 per share on Feb. 23. The stock price has decreased by 1.52% since.

Target reached the 52-week low of $64.98

The price of Target Corp. (TGT, Financial) shares has declined to close to the 52-week low of $64.98, which is 25.2% off the 52-week high of $84.14. The company has a market cap of $36.5 billion.

Its shares traded at $64.98 with a P/E ratio of 11.56 and a P/S ratio of 0.55 as of Feb. 23. Target's trailing 12-month dividend yield is 3.63%. The forward dividend yield is 3.64%. The company had an annual average earnings growth of 5.40% over the past 10 years. GuruFocus rated Target’s business predictability at 2.5 stars.

Target is engaged in operating general merchandise discount stores in the U.S.

Third-quarter sales decreased 6.7% to $16.4 billion from $17.6 billion last year.

L Brands reached the 52-week low of $48.94

The price of L Brands Inc. (LB, Financial) shares has declined to close to the 52-week low of $48.94, which is 46.0% off the 52-week high of $88.77. The company has a market cap of $13.99 billion.

Its shares traded at $48.94 with a P/E ratio of 12.32 and a P/S ratio of 1.13 as of Feb. 23. L Brands' trailing 12-month dividend yield is 4.91%. The forward dividend yield is 4.13%. The company had an annual average earnings growth of 10.20% over the past 10 years. GuruFocus rated L Brands’ business predictability at 4 stars.

L Brands, formerly known as Limited Brands Inc., operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products and accessories under various trade names.

Net sales for the fourth quarter ended Jan. 28 were $4.489 billion, an increase of 2% compared to $4.395 billion for the quarter ended Jan. 30, 2016.

Kimco Realty reached the 52-week low of $24.48

The price of Kimco Realty Corp. (KIM, Financial) shares has declined to close to the 52-week low of $24.48, which is 25.5% off the 52-week high of $32.24. The company has a market cap of $10.4 billion.

Its shares traded at $24.48 with a P/E ratio of 30.99 and a P/S ratio of 8.78 as of Feb. 23. Kimco's trailing 12-month dividend yield is 4.23%. The forward dividend yield is 4.44%. The company had an annual average earnings growth of 5.40% over the past five years.

Kimco is a real estate investment trust that owns and operates neighborhood and community open-air shopping centers in North America.

Net income available to common shareholders for the fourth quarter of 2016 was $66.7 million compared to $360.0 million for the fourth quarter of 2015.

Executive Chairman Milton Cooper bought 5,000 shares for $24.07 per share on Feb. 15. The stock price has increased by 1.7% since.

Director Frank Lourenso sold 6,389 shares for $25.06 per share on Feb. 13. The stock price has decreased by 2.31% since.

Macerich reached the 52-week low of $67.32

The price of Macerich Co. (MAC, Financial) shares has declined to close to the 52-week low of $67.32, which is 30.4% off the 52-week high of $94.51. The company has a market cap of $10.39 billion.

Its shares traded at $67.32 with a P/E ratio of 19.12 and a P/S ratio of 9.46 as of Feb. 23. Macerich's trailing 12-month dividend yield is 4.13%. The forward dividend yield is 4.22%. The company had an annual average earnings growth of 0.10% over the past 10 years.

Macerich is involved in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the U.S.

Net income for the fourth quarter was $37.1 million compared to net income of $415.0 million for the prior-year period.

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

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