Stocks That Fell to 3-Year Lows in the Week of Sept. 22

Macerich Co. (MAC), Mattel Inc. (MAT), Patterson Companies Inc. (PDCO), and Coty Inc. (COTY) have declined to their respective three-year lows.

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Sep 24, 2017
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Macerich Co. (MAC, Financial), Mattel Inc. (MAT, Financial), Patterson Companies Inc. (PDCO, Financial), and Coty Inc. (COTY, Financial) have declined to their three-year lows.

Macerich Co. (MAC, Financial) declined to $52.72

The prices of Macerich Co. (MAC, Financial) shares have declined to $52.72 on Sept. 22, which is only 1.1% above the 3-year low of $52.12.

Macerich Co. is an American self-managed real estate investment trust. It is the third-largest owner and operator of shopping centers in the United States, operating as a S&P 500 component. The company owns property across the United States, including property in California, Arizona, Washington, Missouri, and New York.

Macerich Co. has a market cap of $7.46 billion; its shares were traded around $52.72 with a P/E ratio of 51.18 and P/S ratio of 7.41. The trailing 12-month dividend yield of Macerich Co. stocks is 5.40%. The forward dividend yield of Macerich Co. stocks is 5.37%. Macerich Co. had an annual average earnings growth of 2.30% over the past 10 years.

On Aug. 2 Macerich Co. reported financial results for the second quarter 2017 ended June 30. The company reported net sales of $26.6 million or $0.19 per diluted share, compared to net sales of $45.2 million or $0.31 per dilute share during the same period 2016. Furthermore, the company also reported that funds from operations diluted are $0.98 per diluted share compared to $1.02 during the same period 2016.

Mattel Inc. (MAT, Financial) declined to $14.52

The prices of Mattel Inc. (MAT, Financial) shares have declined to $14.52 on Sept. 22, which is only 0.6% above the 3-year low of $14.43.

Mattel Inc. is an American international toy manufacturing company. The company owns products and brands such as Fisher-Price, Barbie dolls, Monster High dolls, Ever After High dolls, Winx Club dolls, and Hot Wheels. In 2014 it ranked number 403 on the Fortune 500 list. The company has a market cap of $8.93 billion, and as of Feb. 17 it traded at $26.10.

Mattel Inc. has a market cap of $4.98 billion; its shares were traded around $14.52 with a P/E ratio of 21.04 and P/S ratio of 0.94. The trailing 12-month dividend yield of Mattel Inc. stocks is 8.88%. The forward dividend yield of Mattel Inc. stocks is 4.00%. Mattel Inc. had an annual average earnings growth of 1.30% over the past 10 years.

On July 27 Mattel Inc. reported second quarter 2017 financial results. Worldwide net sales were up 2%, and up 3% in constant currency versus the same period prior year. The company also reported a loss per share of $0.16 and adjusted loss per share of $0.14.

Patterson Companies Inc. (PDCO, Financial) declined to $37.40

The prices of Patterson Companies Inc. (PDCO, Financial) shares have declined to $37.40 on Sept. 22, which is only 3.9% above the 3-year low of $35.93.

Patterson Companies Inc. is an American medical supplies conglomerate focused on veterinary and dental products, including x-ray equipment and dental consumables. It also distributes general medical rehabilitative devices like braces and wheel chairs and medicine such as anesthetics and vaccines. The company is also the distribution company for Sirona Dental Systems.

Patterson Companies Inc. has a market cap of $3.58 billion; its shares were traded around $37.40 with a P/E ratio of 21.74 and P/S ratio of 0.63. The trailing 12-month dividend yield of Patterson Companies Inc. stocks is 2.68%. The forward dividend yield of Patterson Companies Inc. stocks is 2.80%. Patterson Companies Inc. had an annual average earnings growth of 3.60% over the past 10 years.

On Sept. 19 Patterson Companies Inc. declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on Oct. 27 to shareholders of record at the close of business on Oct. 13.

Coty Inc. (COTY, Financial) declined to $16.15

The prices of Coty Inc. (COTY, Financial) shares have declined to $16.15 on Sept. 22, which is only 2.5% above the 3-year low of $15.74.

Coty Inc. is an American international beauty products manufacturer. The company’s main products include fragrances, color cosmetics, and skin and body care products. The company owns the major brands of Calvin Klein, Chloie, Davaidoff, Marc Jacobs, Philosophy, Adidas, Playboy, and Rimmel London.

Coty Inc. has a market cap of $16.32 billion; its shares were traded around $16.15 with and P/S ratio of 1.35. The trailing 12-month dividend yield of Coty Inc. stocks is 3.10%. The forward dividend yield of Coty Inc. stocks is 3.13%.

On August 22 Coty Inc. reported fourth quarter 2017 and full year financial results. The company reported net revenues of $2.24 billion for fourth quarter 2017, an increase of more than 100% compared to net revenues in the prior year period. The company also reported an operating loss of $279 million and adjusted operating income of $90.1 million, down from 94.2 million in the prior year period.

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