Weekly Three-Year Low Highlights: Gap, NRG Energy, Buckle, HeartWare International

Price decline seen across sectors

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Oct 13, 2015
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According to GuruFocus list of three-year lows, Gap Inc. (GPS, Financial), NRG Energy Inc. (NRG, Financial), Buckle Inc. (BKE, Financial) and HeartWare International Inc. (HTWR, Financial) have all reached their three-year lows.

Gap Inc. reached $27.00

The prices of Gap shares have declined to $27.00, which is 43.4% off the three-year high of $46.85.

Gap has a market cap of $10.98 billion. Its shares were traded at around $27.00 with a P/E ratio of 10.27 and P/S ratio of 0.72. Gap has a dividend of 3.37% and an annual average earnings growth of 10.10% over the past 10 years. GuruFocus rated Gap the business predictability rank of 3-star.

Gap has released its second-quarter 2015 results. Reported EPS for this period were 52 cents. Net sales were down 2% to $3.90 billion compared with $3.98 billion last year.

NRG Energy Inc. reached $14.91

The prices of NRG Energy shares have declined to $14.91, which is 62.1% off the three-year high of $38.09.

NRG Energy has a market cap of $4.93 billion. Its shares were traded at around $14.91 with a P/E ratio of 58.43 and P/S ratio of 0.33. The dividend yield of NRG Energy stocks is 3.84%. The company had an annual average earnings growth of 3.80% over the past 10 years.

NRG has released its second-quarter 2015 results. The company reported adjusted EBITDA of $729 million for this period, which compares to $677 million in the same quarter last year. Net loss totaled $9 million versus a loss of $80 million last year. The company had net loss per share for its first six months of 2015 of $0.43, which compared to loss per share of 48 cents in 2014.

Buckle Inc. reached $36.28

The prices of Buckle Inc. shares have declined to $36.28, which is 39.0% off the three-year high of $57.68.

Buckle is a retailer of casual apparel, footwear and accessories for fashion-conscious young men and women. The company has a market cap of $1.76 billion; its shares were traded at around $36.28 with a P/E ratio of 11.06 and P/S ratio of 1.48. The dividend yield of Buckle stocks is 2.50%, and the company had an annual average earnings growth of 15.10% over the past 10 years. GuruFocus rated Buckle the business predictability rank of 2.5-star.

For its second quarter 2015, Buckle announced net income of $23.5 million, or 49 cents per diluted share. This compares to net income of $24.5 million, or 51 cents per share in the prior year quarter. Net sales were flat at $236 million while comparable store sales were down 1.7%.

HeartWare International Inc. reached $44.03

The prices of HeartWare International shares have declined to $44.03, which is 59.6% off the three-year high of $105.84.

HeartWare International has a market cap of $761.740 million; its shares were traded at around $44.03 with a P/S ratio of 2.64.

HeartWare International has released its second-quarter 2015 results. Total revenue for the period was $73.6 million compared to $70.1 million for the prior year quarter. Gross margin declined to 65.7% from 67.3% last year, and net loss was $27.4 million compared to a net income of $8.4 million last year.

Sales & Marketing SVPÂ James Schuermann sold 1,000 shares of HeartWare stock on Oct. 1 at the average price of $53.01. Senior VP Mark Strong sold 2,625 shares of HeartWare stock on Oct. 1 at the average price of $52.55.

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