Stocks That Fell to 3-Year Lows in the Week of Sept. 21

Southern Co. (SO), Tata Motors Ltd. (TTM), Whirlpool Corp. (WHR), and SCANA Corp. (SCG) have declined to their respective three-year lows

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Sep 23, 2018
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Southern Co. (SO, Financial), Tata Motors Ltd. (TTM, Financial), Whirlpool Corp. (WHR, Financial), and SCANA Corp. (SCG, Financial) have declined to their three-year lows.

Southern Co. (SO, Financial) declined to $44.01

The prices of Southern Co. (SO, Financial) shares have declined to $44.01 on Sept. 21, which is only 3.7% above the 3-year low of $42.38.

Southern Co. is an American gas and electric utility holding company chiefly operating in the southern United States. The company is currently the second largest utility company in the U.S. in terms of customer base; through its subsidiaries it serves 9 million customers in nine states. The company’s regulated regional electric utilities serve a 120,000-square-mile territory.

Southern Co. has a market cap of $44.63 billion; its shares were traded around $44.01 with a P/E ratio of 18.97 and P/S ratio of 1.87. The trailing 12-month dividend yield of Southern Co. stocks is 5.36%. The forward dividend yield of Southern Co. stocks is 5.54%. Southern Co. had an annual average earnings growth of 0.60% over the past 10 years.

On Aug. 31 Southern Co. announced the placement of the third of four steam generators at the Vogtle nuclear expansion near Waynesboro, Georgia. The 1.4-million-pound steam generator was recently lifted into the Unit 4 nuclear island and marks the latest milestone for the nation’s only new nuclear units under construction.

Tata Motors Ltd. (TTM, Financial) declined to $17.14

The prices of Tata Motors Ltd. (TTM, Financial) shares have declined to $17.14 on Sept. 21, which is only 1.6% above the 3-year low of $16.86.

Tata Motors Ltd. is an Indian international automotive manufacturing company. The company manufactures and markets passenger cars, trucks, vans, buses, construction equipment, and military vehicles. The company has manufacturing plants across the world, including in Argentina, South Africa, Great Britain, and Thailand.

Tata Motors Ltd. has a market cap of $10.65 billion; its shares were traded around $17.14 with a P/E ratio of 54.85 and P/S ratio of 0.29. Tata Motors Ltd. had an annual average earnings growth of 29.50% over the past 10 years.

On Sept. 20 Tata Motors Ltd. announced that it has been named amongst the Sustainability Leaders in the global automobile industry on the 2018 Dow Jones Sustainability Index. The company is one of the eight Sustainability Leaders in the global automobile industry and is the third consecutive time that the company has actively participate in the comprehensive Corporate Sustainability Assessment.

Whirlpool Corp. (WHR, Financial) declined to $123.75

The prices of Whirlpool Corp. (WHR, Financial) shares have declined to $123.75 on Sept. 21, which is only 2.1% above the 3-year low of $121.12.

Whirlpool Corp. is an American Fortune 500 international manufacturer and marketer of home appliances and is the world’s largest home appliance maker. The company markets the brands Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Gladiator GarageWorks, Inglis, Bauknecht, and Indesit.

Whirlpool Corp. has a market cap of $7.99 billion; its shares were traded around $123.75 with and P/S ratio of 0.42. The trailing 12-month dividend yield of Whirlpool Corp. stocks is 3.65%. The forward dividend yield of Whirlpool Corp. stocks is 3.74%. Whirlpool Corp. had an annual average earnings growth of 5.20% over the past 10 years.

On Sept. 17 Whirlpool Corp. announced that J Mays will be joining the company as Vice President and Chief Design Officer, effective Oct. 15. Mays has worked on a number of landmark design projects over the years, including driving concept and design work at Audi, Volkswagen, BMW, and Ford Motor Company.

SCANA Corp. (SCG, Financial) declined to $34.86

The prices of SCANA Corp. (SCG, Financial) shares have declined to $34.86 on Sept. 21, which is only 3.6% above the 3-year low of $33.61.

SCANA Corp. is an American energy-based holding company that focuses on regulated electric and natural gas utility operations and other energy-related businesses. The company’s subsidiaries serve approximately 662,000 electric customers in South Carolina and more than one million natural gas customers in South Carolina, North Carolina, and Georgia combined.

Scana Corp. has a market cap of $4.97 billion; its shares were traded around $34.86 with and P/S ratio of 1.16. The trailing 12-month dividend yield of Scana Corp. stocks is 4.21%. The forward dividend yield of Scana Corp. stocks is 1.42%.

On Sept. 4 SCANA Corp. announced that its proposed merger with Dominion Energy Inc. has achieved another significant milestone. The U.S. Nuclear Regulatory Commission has approved the indirect transfer of the Operating License for V.C. Summer Unit 1 and of the Combined Licenses for V.C. Summer Units 2 and 3 from SCANA to Dominion Energy. This is part of the several regulatory approvals required by the merger agreement.

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