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Guru Stocks at 52-Week Low: GameStop Corp, Myriad Genetics Inc, MetroPCS Communications Inc, Emdeon Inc, Telecomunicaes Brasileiras S.A.Telebras.

January 24, 2010 | About:
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According to GuruFocus updates, these Guru stocks have reached their 52-week lows.

Last week’s top two out of favor industries were the Fixed Line Telecommunications and Construction/Materials industries. 3 Fixed Line Telecommunications companies have reached their 52-week lows, while 1 has reached its 52-week high, giving the industry a low/high ratio of 3. In the Construction/Materials industry, 1 stock has reached its 52-week low, while 1 has reached its 52-week highs, giving the industry a low/high ratio of 1.

For full details about guru stocks at 52-week lows, click here: http://www.gurufocus.com/52weeklow.php.

GameStop Corp. (GME) Reached the 52-Week Low of $20.03

The prices of GameStop Corp. (GME) shares have declined to close to the 52-week low of $20.03, which is 38.2% off the 52-week high of $32.42. GameStop Corp. is owned by 5 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 3 reduced their positions.

GameStop Corp. is the world's largest video game and entertainment software retailer. The company operates 4,816 retail stores across the United States and in fifteen countries worldwide. The company has a market cap of $3.3 billion; its shares were traded at around $20.03 with a P/E ratio of 8.7 and P/S ratio of 0.4. Gamestop Corp. had an annual average earning growth of 11.2% over the past 5 years.

Gamestop recently reported its third quarter results. The company announced that its total company sales in the quarter were $1.83 billion, an 8.2% increase as compared to sales of $1.70 billion in the prior year quarter. New software sales grew 9.4%, advancing our new video game market share by 150 basis points over last year. Used product sales increased 19.4%, on top of the 19.3% increase in the third quarter of 2008. Comparable store sales decreased 7.8%, attributable primarily to a decline in new video game hardware sales.

Richard Snow bought 106,200 shares in the quarter that ended on 09/30/2009, which is 0.11% of the $2.47 billion portfolio of Snow Capital Management, L.P.. Kenneth Fisher owns 607,285 shares as of 09/30/2009, which accounts for 0.05% of the $29.78 billion portfolio of Fisher Asset Management, LLC.

Sell:: Director Jerome L Davis sold 15,000 shares of GME stock on 11/24/2009 at the average price of 25.62, the price of the stock has decreased by 21.82% since. Other insiders have also decreased their positions in the company.

Myriad Genetics Inc. (MYGN) Reached the 52-Week Low of $22.79

The prices of Myriad Genetics Inc. (MYGN) shares have declined to close to the 52-week low of $22.79, which is 50.5% off the 52-week high of $46. Myriad Genetics Inc. is owned by 3 Gurus we are tracking. Among them, 2 have added to their positions during the past quarter. 1 reduced their positions.

Myriad Genetics recently reported its first quarter fiscal 2010 results. Operating income grew 27% to $29.7 million, compared with $23.4 million for the same period last year. Net income more than doubled to $30.4 million, or $0.31 per diluted share, compared with $14.5 million, or $0.15 per diluted share, in the first fiscal quarter of the prior year, which included a loss of $10.1 million from discontinued operations of the Company's former research and drug development businesses.

Myriad Genetics, Inc. uses gene-based medicine to develop therapeutic and molecular diagnostic products. They employ a variety of proprietary proteomic technologies to discover disease genes and to understand the role these genes and their related proteins play in the onset and progression of disease. They have integrated these technologies using bioinformatics and robotics systems to conduct their research efforts on a high-throughput basis. This has enabled them to identify numerous proteins as targets for new drugs and molecular diagnostic tests. Myriad Genetics Inc. has a market cap of $2.19 billion; its shares were traded at around $22.79 with a P/E ratio of 19.9 and P/S ratio of 6.7.

Sell:: Director Linda S Wilson sold 30,500 shares of MYGN stock on 01/07/2010 at the average price of 26.9, the price of the stock has decreased by 15.28% since. Other insiders have also decreased their positions in the company.

MetroPCS Communications Inc. (PCS) Reached the 52-Week Low of $5.88

The prices of MetroPCS Communications Inc. (PCS) shares have declined to close to the 52-week low of $5.88, which is 68.8% off the 52-week high of $18.75. MetroPCS Communications Inc. is owned by 6 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 4 reduced their positions. MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $2.07 billion; its shares were traded at around $5.88 with a P/E ratio of 11.5 and P/S ratio of 0.8.

MetroPCS recently reported its third quarter results. The company announced that its consolidated total revenue was approximately $896 million, an increase of 30% over third quarter of 2008. “This quarter we focused on managing costs; we delivered solid financial results and positioned the company for future growth. On a consolidated basis, we reported the highest consolidated quarterly Adjusted EBITDA in company history. In a seasonally slow quarter, we reported net additions that were below our expectations, due primarily to elevated churn and a deceleration in gross additions. We believe this was the result of continued U.S. macro-economic weakness, an increasingly competitive environment, and upward adjustments we made to the price of certain handsets,” said Roger D. Linquist, Chairman, President and Chief Executive Officer of MetroPCS.

Richard Perry bought 1,250,000 shares in the quarter that ended on 09/30/2009, which is 1.02% of the $1.15 billion portfolio of Perry Capital. George Soros bought 294,060 shares in the quarter that ended on 09/30/2009, which is 0.06% of the $4.41 billion portfolio of Soros Fund Management LLC. Michael Price owns 325,000 shares as of 09/30/2009, an increase of 828.57% from the previous quarter. This position accounts for 0.9% of the $338 million portfolio of MFP Investors LLC. Wilbur Ross owns 3,322,020 shares as of 09/30/2009, which accounts for 5.14% of the $605 million portfolio of Invesco Private Capital, Inc..

Emdeon Inc. (EM) Reached the 52-Week Low of $15.13

The prices of Emdeon Inc. (EM) shares have declined to close to the 52-week low of $15.13, which is 19.1% off the 52-week high of $18. Emdeon Inc. is owned by 3 Gurus we are tracking. Among them, 3 have added to their positions during the past quarter. 0 reduced their positions. Emdeon Inc. has a market cap of $1.37 billion; its shares were traded at around $15.13 .

Emdeon Inc. recently reported its third quarter results. The company announced third quarter revenues of $235.5 million, compared with $212.8 million a year ago, or up 10.6%. GAAP operating income was $18 million, compared with $23.1 million.

George Soros bought 5,696,712 shares in the quarter that ended on 09/30/2009, which is 2.09% of the $4.41 billion portfolio of Soros Fund Management LLC. Ron Baron bought 754,000 shares in the quarter that ended on 09/30/2009, which is 0.09% of the $13.75 billion portfolio of Baron Funds.

Sell:: See remarks Llc Gapstar sold 249,767 shares of EM stock on 08/17/2009 at the average price of 15.5, the price of the stock has decreased by 2.39% since. Other insiders have also decreased their positions in the company.

Telecomunicaes Brasileiras S.A.Telebras (TBH) Reached the 52-Week Low of $5.67

The prices of Telecomunicaes Brasileiras S.A.Telebras (TBH) shares have declined to close to the 52-week low of $5.67, which is 68.3% off the 52-week high of $17.62. Telecomunicaes Brasileiras S.A.Telebras is owned by 1 Gurus we are tracking. Among them, 0 have added to their positions during the past quarter. 1 reduced their positions. Telecomunicaes Brasileiras S.a.telebras has a market cap of $1.19 billion; its shares were traded at around $5.67 . The dividend yield of Telecomunicaes Brasileiras S.a.telebras stocks is 1.6%.

Charles Brandes owns 814,581 shares as of 09/30/2009, which accounts for 0.06% of the $21.32 billion portfolio of Brandes Investment.

Go here for the complete list of 52-week lows.


Rating: 3.3/5 (4 votes)

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