According to GuruFocus list of 5-year lows, these Guru stocks have reached their five-year lows: Daktronics Inc., Ruby Tuesday Inc. and CVR Energy Inc.
Daktronics Inc. (DAKT, Financial) fell to $6.50
The price of Daktronics shares have declined to $6.50, which is only 8.9% above the five-year low of $5.92. It is now 63.2% off the five-year high of $16.09. Daktronics is owned by eight Gurus we are tracking. Among them, four have added to their positions during the past quarter. Three reduced their positions.
Daktronics has a market cap of $287.050 million; its shares were traded around $6.51 with a P/E ratio of 108.50 and P/S ratio of 0.50. The trailing 12-month dividend yield of Daktronics stocks is 5.52%. The forward dividend yield of Daktronics stocks is 3.59%. Daktronics had an annual average earnings growth of 0.10% over the past 10 years.
Daktronics stock prices have declined by almost a third over the past five years.
Daktronics faces competition from companies within the U.S. as well with foreign businesses. The company’s cost and selling prices have declined over the years due to increased competition, and they are expected to keep declining, meaning that the company must sell more products to sustain the same amount of revenue.
GuruFocus has not recognized any severe warning signs for Daktronics.
Daktronics reported its 2016 fiscal year results. The company recognized revenue of $570.2 million and net income of $2.1 million. This is compared with last year’s results of revenue of $615.9 million and net income of $20.9 million.
Chairman, President and CEO Reece A. Kurtenbach bought 10,000 shares of Daktronics on June 28 at the average price of $6.20. Director Kevin Patrick Mcdermott bought 5,900 shares of Daktronics in June and July.
Ruby Tuesday Inc. (RT, Financial) fell to $3.82
The price of Ruby Tuesday shares has declined to $3.82, which is only 8.9% above the five-year low of $3.48. It is now 69.0% off the five-year high of $11.21. Ruby Tuesday is owned by six Gurus we are tracking. Among them, four have added to their positions during the past quarter. Two reduced their positions.
Ruby Tuesday has a market cap of $229.930 million; its shares were traded around $3.82 with and P/S ratio of 0.21.
Ruby Tuesday faces competition from local restaurants as well as national and regional restaurant chains. The company has been focused on improving its business model to strengthen its competitive position. This would include reducing costs of goods as well as the amount of food waste.
GuruFocus has recognized two severe warning signs for RT:
- Declining revenue per share.
- Declining gross margin.
Ruby Tuesday declared its 2016 third fiscal quarter results with revenue of $271.5 million, a decline of 5.1 percent since last fiscal year’s third quarter. Net loss was $3.1 million, compared with last year’s net loss of $800,000.
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CVR Energy Inc. (CVI, Financial) fell to $14.15
The price of CVR Energy shares has declined to $14.15, which is only 3.5% above the five-year low of $13.65. It is now 81.1% off the five-year high of $72.32. CVR Energy is owned by three Gurus we are tracking. Among them, one has added to his position during the past quarter. One reduced his position.
CVR Energy has a market cap of $1.22 billion; its shares were traded around $14.07 with a P/E ratio of 12.47 and P/S ratio of 0.25. The trailing 12-month dividend yield of CVR Energy stock is 10.66%. The forward dividend yield of CVR Energy stock is 14.11%. CVR Energy had an annual average earnings growth of 18.40% over the past 5 years.
CVR Energy stock price has nearly halved over the past five years.
The petroleum industry competes mainly on factors such as price, reliability of supply, availability of multiple grades of products and location. CVR Energy competes with companies such as HollyFrontier, Phillips 66, VHS and Valero.
GuruFocus has recognized two severe warning signs for CVI:
- Declining revenue per share.
- High short percentage of float.
CVR Energy reported its 2016 first quarter financial results. The company announced net sales of $905.5 million and net loss of $16.2 million. This is compared with last year’s first quarter net sales of $1.4 billion and net income of $54.9 million.
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