Stocks That Fell to 3-Year Lows in the Week of March 9

Allergan PLC (ACT), PPL Corp. (PPL), DISH Network Corp. (DISH) and Nielsen Holdings PLC (NLSN) have declined to their respective three-year lows

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Mar 11, 2018
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Allergan PLC (ACT, Financial), PPL Corp. (PPL, Financial), DISH Network Corp. (DISH, Financial), and Nielsen Holdings PLC (NLSN, Financial) have declined to their three-year lows.

Allergan PLC (ACT, Financial) declined to $25.84

The prices of Allergan PLC (ACT, Financial) shares have declined to $25.84 on March 9, which is only 4.8% above the three-year low of $24.59.

Allergan PLC is an Irish international pharmaceutical company that produces both branded and generic drugs and performs pharmaceutical research and development. The company’s key products include Actonel, Acuvail, Aczone, Lumigan, Namenda, Ozurdex, and Rapaflo.

Allergan PLC has a market cap of $121.39 billion; its shares were traded around $25.84 with and P/S ratio of 3.29.

On Feb. 28 Allergan PLC announced that the U.S. Food and Drug Administration has extended the review of the New Drug Application for ulipristal acetate to August 2018 to provide time for a full review of the file. Ulipristal acetate is an investigational drug in the U.S. for the medical treatment of abnormal uterine bleeding with women with uterine fibroids. The drug is a selective progesterone receptor modulator that acts directly on progesterone receptors in the endometrium, uterine fibroids, and the pituitary gland.

PPL Corp. (PPL, Financial) declined to $27.54

The prices of PPL Corp. (PPL, Financial) shares have declined to $27.54 on March 9, which is only 1.5% above the three-year low of $27.12.

PPL Corp. is an American international electric utilities and energy company that controls around 8,000 megawatts of regulated electric generating capacity in the U.S. The company delivers electricity to 10.5 million customers in Pennsylvania, Kentucky, and Great Britain and also provides natural gas delivery to 321,000 customers in Kentucky.

PPL Corp. has a market cap of $19.11 billion; its shares were traded around $27.54 with a P/E ratio of 16.79 and P/S ratio of 2.54. The trailing 12-month dividend yield of PPL Corp. stocks is 5.79%. The forward dividend yield of PPL Corp. stocks is 5.95%.

On Feb 22 PPL Corp. reported fiscal 2017 results. Reported GAAP earnings were $1.13 billion, or $0.47 per share, compared with $1.9 billion, or $2.79 per share, during fiscal 2016. The company reported a loss of $321 million, or $0.47 per share, due to impacts of U.S. tax reform legislation passed during December of 2017. The 2018 earnings forecast range is between $2.20 and $2.40 per share.

DISH Network Corp. (DISH, Financial) declined to $40.76

The prices of DISH Network Corp. (DISH, Financial) shares have declined to $40.76 on March 9, which is only 4.7% above the 3-year low of $38.85.

DISH Network Corp. is an American satellite and television company that focuses on direct-broadcast satellite service. The company provides satellite television, audio programming, and interactive television services to both commercial and residential customers.

DISH Network Corp. has a market cap of $19.01 billion; its shares were traded around $40.76 with a P/E ratio of 10.01 and P/S ratio of 1.43.

On Feb. 21 DISH Network Corp. reported fourth quarter and full year fiscal 2017 results ended Dec. 31, 2017. Total revenue for the quarter was $3.48 billion, compared to $3.75 billion during the same period in fiscal 2016. Diluted earnings per share during the quarter were $2.64, compared to 73 cents per share during the fourth quarter of 2016. Net income was $1.39 billion for the quarter.

Nielsen Holdings PLC (NLSN, Financial) declined to $33.41

The prices of Nielsen Holdings PLC (NLSN, Financial) shares have declined to $33.41 on March 9, which is only 4.5% above the three-year low of $31.90.

Nielsen Holdings PLC is an American international information, data, and measurement company that operates in over 100 countries. The company specializes in consumer information and research and market measurement services.

Nielsen Holdings PLC has a market cap of $11.92 billion; its shares were traded around $33.41 with a P/E ratio of 27.84 and P/S ratio of 1.82. The trailing 12-month dividend yield of Nielsen Holdings PLC stocks is 4.07%. The forward dividend yield of Nielsen Holdings PLC stocks is 4.07%. Nielsen Holdings PLC had an annual average earnings growth of 9.40% over the past 5 years.

On Feb. 22 Nielsen Holdings PLC announced that its Board of Directors has declared a quarterly cash dividend of 34 cents per share of common stock. The dividend is payable on March 21, 2018, to shareholders of record at the close of business on March 7, 2018.

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