52-Week Company Lows

Walgreens, Huntington Ingalls Industries, Hawaiian Electric Industries, Spire and Northwest Natural present potential buying opportunities

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Sep 06, 2020
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According to GuruFocus, these stocks have reached their 52-week lows.

Walgreens

The price of Walgreens Boots Alliance Inc. (WBA, Financial) shares has declined to close to the 52-week low of $36.89, which is 43.4% off the 52-week high of $64.50. The company has a market cap of $32.04 billion.

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Its shares traded with a price-earnings ratio of 43.45 and a price-sales ratio of 0.24. The trailing 12-month dividend yield is 4.99%. The forward dividend yield is 5.07%. The company had an annual average earnings growth of 6.20% over the past 10 years. GuruFocus rated Walgreens's business predictability at 4 stars.

Walgreens operates nearly 19,000 drug store locations in 50 states and 25 countries. The core defensive positioning is primarily around the pharmacy that are placed in high traffic locations. Currently, the company has the largest retail pharmacy market share (around 20%, excluding mail) which provides significant cost advantages and scale. Annually, the company generates over $140 billion in revenue consisting of U.S. retail pharmacy (around 75%), international pharmacy (around 10%) and pharmaceutical wholesale (around 20%). Walgreens has established strategic partnerships to offer incremental services to increase average revenue per customer and has an equity stakes in AmerisourceBergen (26%) and Sinopharm Holding Guoda Drugstores (40%).

The third quarter of fiscal 2020 had a net loss of $1.7 billion compared with net earnings of $1.0 billion during the same quarter a year ago.

Huntington Ingalls Industries

The price of Huntington Ingalls Industries Inc. (HII, Financial) shares has declined to close to the 52-week low of $147.51, which is 47.5% off the 52-week high of $279.71. The company has a market cap of $6.02 billion.

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Its shares traded with a price-earnings ratio of 11.43 and a price-sales ratio of 0.68. The trailing 12-month dividend yield is 2.79%. The forward dividend yield is 2.79%. The company had an annual average earnings growth of 8.10% over the past five years.

Huntington Ingalls Industries builds military ships and provides manufacturing and other services to the nuclear energy, oil and gas markets. Additionally, the company builds and refuels aircraft carriers and submarines. The designing, building and repairing of ships is primarily conducted through contracts with the U.S. government, principally the Department of Defense. Many of its products require life cycle support, and teams work together to plan and implement maintenance services. The maintenance may vary from standard repairs and refueling to more technical logistics and assessments. Oil, gas and energy projects focus on providing management and consultation services to both the private industry and government.

Net earnings in the second quarter of 2020 were $53 million compared to $128 million in the second quarter of 2019.

Corporation Vice President, Controller and Chief Accounting Officer Nicolas G. Schuck sold 543 shares on Aug. 14 at a price of $168.21. The share price has decreased by 12.31% since then.

Hawaiian Electric Industries

The price of Hawaiian Electric Industries Inc. (HE, Financial) shares has declined to close to the 52-week low of $34.31, which is 39.2% off the 52-week high of $55.15. The company has a market cap of $3.75 billion.

Its shares traded with a price-earnings ratio of 17.78 and a price-sales ratio of 1.35. The trailing 12-month dividend yield is 3.82%. The forward dividend yield is 3.85%. The company had an annual average earnings growth of 3.20% over the past 10 years.

Hawaiian Electric Industries is the parent company of three Hawaii-based regulated utilities and Hawaii's third-largest financial institution, American Savings Bank. The utilities provide electricity to 95% of the state on the five islands of Oahu, Hawaii, Maui, Molokai and Lanai. Although the majority of electricity is produced by oil-fired power plants, over 25% of electricity in its service territory comes from renewable energy; this portion is growing rapidly as the state has set a goal of 100% by 2045.

The company's net income for the second quarter of 2020 was $42.3 million compared to $32.6 million in the second quarter of 2019.

Spire

The price of Spire Inc. (SR, Financial) shares has declined to close to the 52-week low of $57.46, which is 35.4% off the 52-week high of $88. The company has a market cap of $2.96 billion.

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Its shares traded with a price-earnings ratio of 49.66 and a price-sales ratio of 1.61. The trailing 12-month dividend yield is 4.28%. The forward dividend yield is 4.33%. The company had an annual average earnings growth of 4.70% over the past 10 years.

Spire is a public utility holding company with two key business segments: Gas Utility and Gas Marketing. The Gas Utility segment includes the regulated operations of Laclede Gas, Alabama Gas Corp. (Alagasco) and EnergySouth Inc. The Utilities businesses operations include the purchase, retail, distribution and sale of natural gas in Missouri, Alabama and Mississippi. The Gas Utility segment generates a majority of the company's revenue but is subject to seasonal fluctuations. The Gas Marketing segment includes Laclede Energy Resources Inc., whose operations include the marketing of natural gas and related activities on a non-regulated basis.

The fiscal third quarter 2020 net loss was $92.3 million compared to a loss of $3.0 million for the third quarter of 2019.

Northwest Natural

The price of Northwest Natural Holding Co. (NWN, Financial) shares has declined to close to the 52-week low of $50, which is 35.7% off the 52-week high of $77.26. The company has a market cap of $1.53 billion.

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Its shares traded with a price-earnings ratio of 25.43 and a price-sales ratio of 2.01. The trailing 12-month dividend yield is 3.82%. The forward dividend yield is 3.82%.

Northwest Natural is a public natural gas service supplier operating in the Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through approximately 750,000 meters in Oregon and southwest Washington. The company generates its revenue from residential, commercial and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.

For the second quarter of 2020, net loss was $5.1 million compared to net income of $2.1 million for the same period in 2019.

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

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

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