Foot Locker Inc. (FL, Financial), Shire PLC (SHPG, Financial), Kellogg Co. (K, Financial) and DDR Corp. (DDR, Financial) have declined to their three-year lows.
Foot Locker Inc. (FL, Financial) declined to $31.28
The prices of Foot Locker Inc. (FL, Financial) shares have declined to $31.28 on Oct. 20, which is only 2.2% above the 3-year low of $30.58.
Foot Locker Inc. is an American international sportswear and footwear retailer, operating in 28 countries. The company operates the Foot Locker chain of athletic footwear retail outlets and other athletic based divisions including Champs Sports and House of Hoops. The company has 3,363 stores as of Jan. 28, 2017, most of which are mall-based.
Foot Locker Inc. has a market cap of $3.88 billion; its shares were traded around $31.28 with a P/E ratio of 7.23 and P/S ratio of 0.55. The trailing 12-month dividend yield of Foot Locker Inc. stocks is 3.86%. The forward dividend yield of Foot Locker Inc. stocks is 4.00%. Foot Locker Inc. had an annual average earnings growth of 26.60% over the past 10 years.
On Aug. 18 Foot Locker Inc. reported its financial results for its second quarter ended July 29, 2017. The company reported net income of $51 million, or $0.39 per share, compared with net income of $127 million, or $0.94 per share in the same period of 2016. Second quarter comparable-stores sales decreased by 6%, while total sales decreased 4.4% to $1.701 billion this quarter, compared to $1.78 billion during the same period of 2016.
Shire PLC (SHPG, Financial) declined to $145.25
The prices of Shire PLC (SHPG, Financial) shares have declined to $145.25 on Oct. 20, which is only 4.1% above the 3-year low of $139.36.
Shire PLC is an Ireland based global specialty biopharmaceutical company that focuses on serving people with rare diseases and highly specialized conditions. Its brands include Vyvanse, Lialda, and Adderall XR, and its products are available in more than 100 countries. The company is also a constituent of the FTSE 100 Index.
Shire PLC has a market cap of $44.14 billion; its shares were traded around $145.25 with a P/E ratio of 52.62 and P/S ratio of 2.89. The trailing 12-month dividend yield of Shire PLC stocks is 0.63%. The forward dividend yield of Shire PLC stocks is 0.62%. Shire PLC had an annual average earnings growth of 12.40% over the past 5 years.
On Sept. 20 Shire PLC announced that a Phase III study evaluating INTUNIV (guanfacine hydrochloride prolonged release) in adult patients with attention deficit hyperactivity disorder in Japan has positive topline results, meeting the primary endpoint. The drug is currently approved as a treatment for child and adolescent patients in Japan, and is currently being evaluated as a potential treatment option for AHDD in adults. This is the first clinical trial evaluating INTUNIV in adult patients with ADHD.
Kellogg Co. (K, Financial) declined to $61.45
The prices of Kellogg Co. (K, Financial) shares have declined to $61.45 on Oct. 20, which is only 1.6% above the 3-year low of $60.45.
Kellogg Co. is an American international food manufacturing company that focuses on producing cereal and convenience foods, including cookies, crackers, toaster pastries, cereal bars, fruit flavored snacks, frozen waffles, and vegetarian foods.
Kellogg Co. has a market cap of $21.21 billion; its shares were traded around $61.45 with a P/E ratio of 27.81 and P/S ratio of 1.71. The trailing 12-month dividend yield of Kellogg Co. stocks is 3.41%. The forward dividend yield of Kellogg Co. stocks is 3.50%.
On Oct. 6 Kellogg Co. announced that it has entered into an agreement to acquire Chicago Bar Company LLC, maker of RXBAR, a line of clean-label protein bars and the fastest growing nutrition bar brand in the U.S. RXBAR will continue to operate independently as a standalone business, but will be able to leverage Kellogg’s scale and resources to continue its growth.
DDR Corp. (DDR, Financial) declined to $8.51
The prices of DDR Corp. (DDR, Financial) shares have declined to $8.51 on Oct. 20, which is only 4.7% above the 3-year low of $8.11.
DDR Corp. is an American real estate investment trust company that owns and manages value-oriented open-air retail shopping centers in the United States and Puerto Rico. Tenants include Wal-Mart, Kohl’s, PetSmart, and Michaels. It operates in 40 continental U.S. states and Puerto Rico.
DDR Corp. has a market cap of $3.13 billion; its shares were traded around $8.51 with and P/S ratio of 3.21. The trailing 12-month dividend yield of DDR Corp. stocks is 8.93%. The forward dividend yield of DDR Corp. stocks is 8.80%.
On Sept. 13 DDR Corp. announced that it has refinanced its two revolving credit facilities, increasing borrowing capacity to $1.0 billion and extending their maturities. The company also extended the maturity on $200 million of its $400 million unsecured term loan. The amended $950 million unsecured revolving credit facility, up from $750 million, has an initial maturity of Sept. 1, 2021 with two six-month extensions options.
Disclosure: I do not own stock in any of the companies mentioned in the article.
