52-Week Company Lows

Illinois Tool Works, Constellation Brands, International Paper, Western Digital, Hartford Financial and Newmont Mining present buying opportunities

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Aug 23, 2018
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According to GuruFocus, these stocks have reached their 52-week lows.

Illinois Tool Works reached the 52-week low of $136.16

The price of Illinois Tool Works Inc. (ITW, Financial) shares has declined to close to its 52-week low of $136.16, which is 24.8% off the 52-week high of $179.07. The company has a market cap of $45.66 billion.

Illinois Tools' shares traded with a price-earnings ratio of 24.86 and a price-sales ratio of 3.16 as of Aug. 22. The trailing 12-month dividend yield is 2.28%. The forward dividend yield is 2.90%. The company had an annual average earnings growth of 8.80% over the last 10 years. GuruFocus rated Illinois Tool Works’ business predictability 3.5 out of five stars.

The company manufactures a diversified range of industrial products and equipment. Its segments are Automotive OEM; Food Equipment; Test and Measurement and Electronics; Welding; Polymers and Fluids; Construction Products; and Specialty Products.

Net income for the second quarter of 2018 was $666 million, up from $587 million in the prior-year quarter.

Director Richard H. Lenny bought 1,778 shares on July 27 for $140.85 per share. The stock price has declined 3.33% since then.

Constellation Brands reached the 52-week low of $203.36

The price of Constellation Brands Inc. (STZ, Financial) shares has declined to close to its 52-week low of $203.36, which is 17.2% off the 52-week high of $236.62. The company has a market cap of $38.87 billion.

Its shares traded with a price-earnings ratio of 15.25 and a price-sales ratio of 5.27 as of Wednesday. The trailing 12-month dividend yield is 1.24%. The forward dividend yield is 1.48%. The company had an annual average earnings growth of 33.60% over the past decade.

Constellation Brands produces alcoholic drinks such as beers, wines and other spirits.

Net income for the second quarter was $746.3 million, up from $401 million a year ago.Â

International Paper reached the 52-week low of $51.66

The price of International Paper Co. (IP, Financial) shares has declined to close to its 52-week low of $51.66, which is 25.3% off the 52-week high of $66.94. The company has a market cap of $21.12 billion.

Its shares traded with a price-earnings ratio of 7.24 and a price-sales ratio of 0.99 as of Wednesday. The trailing 12-month dividend yield is 3.68%. The forward dividend yield is 3.63%. The company had an annual average earnings growth of 4.50% over the last 10 years.

International Paper produces and distributes printing paper, packaging, forest products and chemical products. The company operates in three segments: Industrial Packaging, Printing Papers and Global Cellulose Fibers.

Net earnings for the second quarter of 2018 were $407 million, or 97 cents per share, a significant improvement from $80 million, or 19 cents per share, in the prior-year period.

Senior Vice President, General Counsel and Corporate Secretary Sharon R. Ryan sold 15,000 shares on Aug. 6 at a price of $52.87. Since then, the stock price has decreased 2.29%.

Western Digital reached the 52-week low of $64.02

The price of Western Digital Corp. (WDC, Financial) shares has declined to close to its 52-week low of $64.02, which is 42.5% off the 52-week high of $106.96. The company has a market cap of $19.16 billion.

The shares traded with a price-earnings ratio of 29.10 and a price-sales ratio of 0.95 on Wednesday. The trailing 12-month dividend yield is 3.11%. The forward dividend yield is 3.08%. The company had an annual average earnings growth of 9.70% over the past decade.

Western Digital develops, manufactures and provides data storage solutions that enable consumers to create, manage, experience and preserve digital content.

Net income for the fourth quarter of 2018 was $756 million, up from $280 million in the year-ago quarter.

Mark P. Long, president of WD Capital, chief strategy officer and chief financial officer, sold 24,938 shares on July 30 for $70.83 and 3,447 shares on Aug. 6 for $68.36 per share. The stock price has fallen 6.35% since then.

Executive Vice President, Chief Legal Officer and Secretary Michael Charles Ray sold 4,387 shares on Aug. 6 for $67.65 per share. The stock price has declined 5.37% since then.

The Hartford Financial Services Group reached the 52-week low of $50.16

The price of Hartford Financial Services Group Inc. (HIG, Financial) shares has declined to close to its 52-week low of $50.16, which is 16.1% off the 52-week high of $59.20. The company has a market cap of $17.98 billion.

Its shares traded with a price-sales ratio of 1.08 as of Wednesday. The trailing 12-month dividend yield is 1.95%. The forward dividend yield is 2.29%. The company had an annual average earnings growth of 8.70% over the last five years.

Hartford Financial Services Group provides insurance and financial services to individual and business customers in the U.S.

Net income for the second quarter was $582 million, compared to net loss of $40 million in the year-ago quarter.

Executive Vice President and CFO Beth Ann Bombara sold 23,906 shares on Aug. 1 for $52.63 per share. The stock price has decreased by 4.69% since then.

Executive Vice President and General Counsel David C. Robinson sold 2,395 shares on July 31 for $52.88 per share. The stock price has declined 5.14% since then.

Newmont Mining reached the 52-week low of $32.32

The price of Newmont Mining Corp. (NEM, Financial) shares has declined to close to its 52-week low of $32.32, which is 25.2% off the 52-week high of $42.04. The company has a market cap of $17.24 billion.

Its shares traded with a price-earnings ratio of 105.97 and a price-sales ratio of 2.36 as of Wednesday. The trailing 12-month dividend yield is 1.35%. The forward dividend yield is 1.75%.

Newmont Mining is engaged in the production of gold in the U.S., Australia, Peru, Ghana and Suriname. It also produces copper.Â

Net income for the second quarter of 2018 was $298 million, up from $151 million in the prior-year period.

President and CEO Gary J. Goldberg sold 4,000 shares on Aug. 1 for $36.45 per share. The stock price has fallen 11.33% since then.

Executive Vice President and CFO Nancy Buese sold 2,000 shares on Aug. 1 for $36.45 per share. The stock price has decreased by 11.33% since then.

Executive Vice President and General Counsel Stephen P. Gottesfeld sold 3,500 shares on Aug. 1 for $36.27 per share. Since then, the stock price has decreased by 10.89%.

Vice President of Sustainability and External Relations Elaine J. Dorward-King sold 3,000 shares on Aug. 1 for $36.45 per share. The stock price since then has fallen 11.33%.

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