Stocks That Fell to 3-Year Lows in the Week of Nov. 2

Schlumberger Ltd, General Mills Inc., Dentsply Sirona Inc. and IBM have declined to their respective 3-year lows

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Nov 03, 2018
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Schlumberger Ltd. (SLB, Financial), General Mills Inc. (GIS, Financial), Dentsply Sirona Inc. (XRAY, Financial) and International Business Machines Corp. (IBM, Financial) have declined to their three-year lows.

Schlumberger Ltd. (SLB, Financial) declined to $51.40

The prices of Schlumberger Ltd. (SLB, Financial) shares have declined to $51.40 on Nov. 2, which is only 1.2% above the 3-year low of $50.80.

Schlumberger Ltd. is the world’s largest oilfield services company that employs more than 100,000 people in more than 85 countries. The company was founded in France but has principal executive offices in all over the world, including in Paris, France, Houston, U.S., London, U.K., the Hague, Netherlands, and Willemstad, Curacao.

Schlumberger Ltd. has a market cap of $71.18 billion; its shares were traded around $51.40 with and P/S ratio of 2.18. The trailing 12-month dividend yield of Schlumberger Ltd. stocks is 3.90%. The forward dividend yield of Schlumberger Ltd. stocks is 3.87%.

On Oct. 19 Schlumberger Ltd. reported third quarter 2018 fiscal results. Revenues for the quarter was $8.5 billion, a 2% increase sequentially. Pretax operating income for the quarter was $1.2 billion, an increase of 5% sequentially. Earnings per share for the quarter was $0.46 while cash flow from operations was $1.8 billion.

General Mills Inc. (GIS, Financial) declined to $42.17

The prices of General Mills Inc. (GIS, Financial) shares have declined to $42.17 on Nov. 2, which is only 2.8% above the 3-year low of $41.01.

General Mills Inc. is an American international manufacturer and marketer of branded consumer foods sold through retail stores. The company markets many well-known North American brands such as Annie’s Homegrown, Betty Crocker, Yoplait, Colombo, and Totino’s. The company’s portfolio includes 89 other leading U.S. brands.

General Mills Inc. has a market cap of $24.85 billion; its shares were traded around $42.17 with a P/E ratio of 11.72 and P/S ratio of 1.53. The trailing 12-month dividend yield of General Mills Inc. stocks is 4.64%. The forward dividend yield of General Mills Inc. stocks is 4.42%. General Mills Inc. had an annual average earnings growth of 3.00% over the past 10 years.

On Sept. 25 General Mills Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.49 per share. The dividend was paid on Nov. 1 to shareholders of record on Oct. 10 at the close of business.

Dentsply Sirona Inc. (XRAY, Financial) declined to $35.03

The prices of Dentsply Sirona Inc. (XRAY, Financial) shares have declined to $35.03 on Nov. 2, which is only 3.1% above the 3-year low of $33.93.

Dentsply Sirona Inc. is an American international dental equipment maker and dental consumables producer that markets its products in over 120 countries. The company also designs and manufactures laboratory and specialty products relating to dentistry, such as anesthetics, tooth polishers, and artificial teeth.

Dentsply Sirona Inc. has a market cap of $7.65 billion; its shares were traded around $35.03 with and P/S ratio of 1.96. The trailing 12-month dividend yield of Dentsply Sirona Inc. stocks is 0.98%. The forward dividend yield of Dentsply Sirona Inc. stocks is 0.99%.

On Sep. 13 Dentsply Sirona Inc. announced the launch of Azento in the United States. Azento is a single tooth replacement solution that is highly customized to the timeframe and needs of both patients and doctors. This will streamline the implant planning service and delivery.

International Business Machines Corp. (IBM, Financial) declined to $115.67

The prices of International Business Machines Corp. (IBM, Financial) shares have declined to $115.67 on Nov. 2, which is only 1.4% above the 3-year low of $114.09.

International Business Machines Corp. is an American international technology company that manufactures and markets computer hardware, middleware, and software. The company also offers hosting and consulting services in areas such as mainframe computers and nanotechnology. The company has operations in over 170 countries.

International Business Machines Corp. has a market cap of $103.86 billion; its shares were traded around $115.67 with a P/E ratio of 18.55 and P/S ratio of 1.35. The trailing 12-month dividend yield of International Business Machines Corp. stocks is 5.30%. The forward dividend yield of International Business Machines Corp. stocks is 5.38%. International Business Machines Corp. had an annual average earnings growth of 2.40% over the past 10 years.

On Oct. 30 International Business Machines Corp. announced that its Board of Directors has declared a regular quarterly cash dividend of $1.57 per common share. The dividend is payable on Dec. 10, 2018, to stockholders of record at the close of business on Nov. 9, 2018.

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