52-Week Company Lows

Details the 52-week lows for the following companies: Walgreens, ZoomInfo Technologies, Hawaiian Electric Industries, Spire, Tootsie Roll Industries and South Jersey Industries

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Sep 14, 2020
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According to GuruFocus' list of 52-week lows, these Guru 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 $34.70, which is 47.5% off the 52-week high of $64.50. The company has a market cap of $30.07 billion.

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Its shares traded with a price-earnings ratio of 40.87 and a price-sales ratio of 0.22 as of Sept. 11. The trailing 12-month dividend yield is 5.30%. The forward dividend yield is 5.39%. The company had an annual average earnings growth of 6.20% over the past 10 years. GuruFocus rated Walgreens's business predictability at 4 out of 5 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%).

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.

ZoomInfo Technologies

The price of ZoomInfo Technologies Inc. (ZI, Financial) shares has declined to close to the 52-week low of $31.99, which is 51.4% off the 52-week high of $64.40. The company has a market cap of $13.99 billion.

Its shares traded with a price-sales ratio of 15.65 as of Sept. 11.

ZoomInfo Technologies provides a cloud-based platform for sales and marketing teams. It provides information on the organizations and professionals of the target company. The services provided are contact and company search, buyer intent, social selling, web research, website visitor tracking, lead enrichment, database management, campaign optimization, webform optimizations, and others. Geographically, the company has its presence across the United States.

Net loss for the three months ended June 30, 2020 was $56.2 million compared to a loss of $19.9 million for the prior-year period.

Director and 10% Owner David Randall Winn sold 1,920,329 shares on Aug. 24 at a price of $35.8. The price of the stock has decreased by 10.64% since then.

10% Owner TC Group Cayman Investment Holdings sold 7,061,428 shares on Aug. 24 at a price of $35.8. Since then, the price of the stock has decreased by 10.64%.

10% Owner Carlyle Group Management L.L.C. sold 7,061,428 shares on Aug. 24 at a price of $35.8. The price of the stock has decreased by 10.64% since then.

22C Capital GP I, L.L.C. sold 1,446,366 shares on Aug. 24 at a price of $35.8. Since then, the price of the stock has decreased by 10.64%.

Director and 10% Owner TA Associates, L.P. sold 8,197,378 shares on Aug. 24 at a price of $35.8. The price of the stock has decreased by 10.64% 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 $32.96, which is 40.7% off the 52-week high of $55.15. The company has a market cap of $3.61 billion.

Its shares traded with a price-earnings ratio of 17.08 and a price-sales ratio of 1.30 as of Sept. 11. The trailing 12-month dividend yield is 3.97%. The forward dividend yield is 4.00%. 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 $53.57, which is 39.9% off the 52-week high of $88.00. The company has a market cap of $2.76 billion.

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Its shares traded with a price-earnings ratio of 46.30 and a price-sales ratio of 1.50 as of Sept. 11. The trailing 12-month dividend yield is 4.65%. The forward dividend yield is 4.65%. 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.

Tootsie Roll Industries

The price of Tootsie Roll Industries Inc. (TR, Financial) shares has declined to close to the 52-week low of $30.47, which is 23.3% off the 52-week high of $38.92. The company has a market cap of $2.15 billion.

Its shares traded with a price-earnings ratio of 32.01 and a price-sales ratio of 4.06 as of Sept. 11. The trailing 12-month dividend yield is 1.16%. The forward dividend yield is 1.18%. The company had an annual average earnings growth of 3.50% over the past 10 years.

Tootsie Roll Industries manufactures and sells candy products. Notable varieties include Tootsie Roll and Tootsie Pops, Charms, Blow-Pops, Dots, Junior Mints, Sugar Daddy and Sugar Babies, Andes, Dubble Bubble and Razzles. The company sells its products to wholesale distributors and directly to retail stores. Geographically, it generates a majority of its revenue from the United States.

For the quarter ended June 30, 2020, net earnings were $7.38 million compared to $11.54 million in the comparable period a year ago.

South Jersey Industries

The price of South Jersey Industries Inc. (SJI, Financial) shares has declined to close to the 52-week low of $20.12, which is 41.3% off the 52-week high of $33.45. The company has a market cap of $2.02 billion.

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Its shares traded with a price-earnings ratio of 18.09 and a price-sales ratio of 1.23 as of Sept. 11. The trailing 12-month dividend yield is 5.86%. The forward dividend yield is 5.86%. The company had an annual average earnings growth of 1.40% over the past 10 years.

South Jersey Industries is a New Jersey holding company that acquires and develops utility companies. Through its many subsidiaries, SJI is primarily involved in transmitting, distributing, and selling natural gas and electricity in the mid-Atlantic U.S. The company segments its operations into gas utility operations and energy group businesses. The majority of SJI's total revenue comes from its gas utility operations, which encompasses the company's principal subsidiary: South Jersey Gas. SJG purchases, transmits, and sells natural gas primarily for residential consumers in southern New Jersey. The energy group also represents a significant income stream through its wholesale energy and retail electric services.

Net loss for the quarter ended June 30, 2020 was $2.64 million compared to a loss of $13.40 million for the same period of 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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