Weekly 3-Year Low Highlights: IBM, WBK, KMI, PHI

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Aug 11, 2015

According to GuruFocus list of 3-year lows, International Business Machines Corp. (IBM, Financial), Westpac Banking Corp. (WBK, Financial), Kinder Morgan Inc. (KMI, Financial) and Philippine Long Distance Telephone (PHI, Financial) have all reached their three-year lows.

International Business Machines Corp. reached $156.72

The prices of International Business Machines Corp. shares have declined to $156.72, which is 30.7% off the three-year high of $215.90.

International Business Machines has a market cap of $160.31 billion; its shares were traded at around $156.72 with a P/E ratio of 13.74 and P/S ratio of 1.79. The dividend yield of International Business Machines stocks is 3.06%, and the company had an annual average earnings growth of 10.50% over the past 10 years. GuruFocus rated International Business Machines Corp the business predictability rank of 4-star.

IBM has recently announced its second quarter 2015 results. For this quarter, GAAP diluted EPS from continuing operations were $3.58, down 15% year over year. Gross profit margin was down 20 basis points to 49.9%, and revenue was down 1% to $20.8 billion.

Senior Vice President Michael D. Rhodin sold 3,000 shares of IBM stock on 07/31/2015 at the average price of $161.63.

Westpac Banking Corp. reached $24.19

The prices of Westpac Banking Corp. shares have declined to $24.19, which is 32.5% off the three-year high of $35.12.

The company has a market cap of $79.83 billion; its shares were traded at around $24.19 with a P/E ratio of 13.70 and P/S ratio of 5.29. The dividend yield of Westpac Banking stocks is 5.99%. It had an annual average earnings growth of 5.10% over the past 10 years. GuruFocus rated Westpac Banking the business predictability rank of 2-star.

Westpac has delivered its report for its first half of 2015. Cash earnings per share for this period was $1.21, in line with the prior year period. Statutory net profit was $3.60 billion, and cash ROE was down 67bps to 15.8%.

Kinder Morgan Inc. reached $32.31

The prices of Kinder Morgan shares have declined to $32.31, which is 31.1% off the three-year high of $44.71.

Kinder Morgan is a midstream and energy company formed on August 23, 2006. It has a market cap of $76.33 billion; its shares were traded at around $32.31 with a P/E ratio of 42.72 and P/S ratio of 3.20. The dividend yield of Kinder Morgan stocks is 5.76%.

The company reported second quarter 2015 net income of $342 million, which compares to $497 million for the same period last year. The company increased its quarterly dividend by 14% to $0.49 per share.

Executive Chairman, 10% owner Richard D. Kinder bought 100,000 shares of KMI stock on 07/24/2015 at the average price of $34.97. Director Fayez Sarofim bought 500,000 shares of KMI stock on 07/22/2015 at the average price of $35.33.

Philippine Long Distance Telephone reached $58.76

The prices of Philippine Long Distance Telephone shares have declined to $58.76, which is 28.0% off the three-year high of $79.04.

Philippine Long Distance Telephone has a market cap of $42.72 billion; its shares were traded at around $58.76 with a P/E ratio of 18.14 and P/S ratio of 3.48. Its dividend yield is 5.04%.

For its quarter ended June 30, 2015 – PHI reported total revenues of PHP 42.64 billion and net income of PHP 9.34 billion. EPS were PHP 44.6, 4.17% higher than the prior year quarter.

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