Weekly 3-Year Low Highlight: HBM, BCC, AGRO, CENTA

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Jul 01, 2013
According to GuruFocus list of three-year lows, HudBay Minerals Inc, Boise Cascade Co, Adecoagro SA, and Central Garden & Pet Company have all reached their three-year lows.

HudBay Minerals Inc. (HBM, Financial) Reached the Three-Year Low of $6.60

The prices of HudBay Minerals, Inc. (HBM) shares have declined to close to the three-year low of $6.60, which is 66.7% off the three-year high of $18.98.

HudBay Minerals Inc. is a Canadian mining company with assets in North, Central and South America. Hudbay Minerals Inc. has a market cap of $1.11 billion; its shares were traded at around $6.60 with a P/E ratio of 16.60 and P/S ratio of 1.90. The dividend yield of Hudbay Minerals Inc. stocks is 3.10%.

HudBay Minerals Inc. reported first quarter 2013 revenue of $119.9 million, a decrease of $67.1 million from the same quarter of 2012. Operating costs for the quarter increased 21%. Net profit was $1.9 million ($0.01 per share), compared to $3.4 million ($0.03 per share) prior year quarter.

Boise Cascade Co. (BCC, Financial) Reached the Three-Year Low of $25.56

The prices of Boise Cascade Co (BCC) shares have declined to close to the 3-year low of $25.56, which is 27.9% off the 3-year high of $34.54.

Boise Cascade Co is owned by three Gurus we are tracking. Among them, three have added to their positions during the past quarter. Boise Cascade Co. has a market cap of $1.1 billion; its shares were traded at around $25.56 with a P/E ratio of 6.70 and P/S ratio of 0.40.

Boise Cascade Co. has released its first quarter 2013 results. First quarter sales increased 27% from last year to $744.9 million. Net income was $80.8 million, including a $68.7 million income tax benefit. Income minus the benefit was $12.2 million ($0.32 per share), compared to $1.7 million ($0.06 per share) prior year quarter.

2 Gurus Initiated Positions: Ron Baron bought 90,019 shares in the quarter that ended on 03/31/2013, which is 0.017% of the $18.31 billion portfolio of Baron Funds. PRIMECAP Management bought 45,700 shares in the quarter that ended on 03/31/2013, which is 0.0023% of the $67.83 billion portfolio of PRIMECAP Management.

Adecoagro SA (AGRO, Financial) Reached the Three-Year Low of $6.30

The prices of Adecoagro SA (AGRO) shares have declined to close to the three-year low of $6.30, which is 56.8% off the three-year high of $13.91.

Adecoagro SA was organized under the laws of the Grand Duchy of Luxembourg. Adecoagro SA has a market cap of $743.3 million; its shares were traded at around $6.30 with a P/E ratio of 72.20 and P/S ratio of 1.00.

Adecoagro SA generated net income of $2.5 million in its first quarter of 2013, compared to $1.25 million in the prior year quarter. Adjusted EBITDA increased $27.2 million from last year to $29.0 million.

One Guru Initiated a Position: Charles Brandes bought 2,818,810 shares in the quarter that ended on 03/31/2013, which is 0.26% of the $8.46 billion portfolio of Brandes Investment.

Central Garden & Pet Company (CENTA, Financial) Reached the Three-Year Low of $6.90

The prices of Central Garden & Pet Company (CENTA) shares have declined to close to the three-year low of $6.90, which is 50.3% off the three-year high of $13.27.

Central Garden & Pet Company was incorporated in Delaware in June 1992. Central Garden & Pet Company has a market cap of $346.2 million; its shares were traded at around $6.90 with a P/E ratio of 17.20 and P/S ratio of 0.20.

Central Garden & Pet Company has reported net sales up 7% to $498.2 million for its second quarter 2013. Net income was $22.2 million ($0.46 per diluted share), compared with income of $21.6 million ($0.45 per share) last year.

Go here for the complete list of three-year lows.