According to GuruFocus’ list of 52-week lows, these stocks have reached their lowest point.
Skechers USA Inc. Reached the 52-Week Low of $24.32
The price of Skechers USA Inc. (NYSE: SKX) shares have declined to close to the 52-week low of $24.32, which is 55.7% off the 52-week high of $54.53. The company has a market cap of $3.83 billion as of July 28 and its shares traded at $24.31.
Skechers was incorporated in California in 1992 and reincorporated in Delaware in 1999. The company designs and markets Skechers-branded lifestyle footwear for men, women, and children.
Second quarter 2016 net sales were $877.8 million compared to $800.5 million for the second quarter of 2015. Earnings from operations for the second quarter of 2016 were $100.4 million, or 11.4% of net sales, compared to earnings from operations of $112.3 million, or 14% of net sales for the second quarter of 2015.
Cooper Tire and Rubber Co. Reached the 52-Week Low of $30.28
The price of Cooper Tire and Rubber Co (NYSE: CTB) shares have declined to close to the 52-week low of $30.28, which is 32.5% off the 52-week high of $43.40. The company has a market cap of $1.79 billion as of July 28 and its shares traded at $32.53. The trailing 12-month dividend yield of Cooper stocks is 1.39%. The forward dividend yield of its stocks is 1.39%. Cooper had an annual average earnings growth of 11.50% over the past five years.
Cooper produces and markets passenger, light truck, medium truck, motorsport, and motorcycle tires which are sold nationally and internationally in the replacement tire market.
The company reported first quarter 2016 net income of $59 million, compared with $41 million from the same period last year. First quarter net sales were $650 million, a decrease of 2% compared with $663 million in the first quarter of 2015.
Fidelity and Guaranty Life Reached the 52-Week Low of $22.39
The price of Fidelity and Guaranty Life (NYSE: FGL) shares have declined to close to the 52-week low of $22.39, which is 20.6% off the 52-week high of $27.87. The company has a market cap of $1.27 billion as of July 28 and its shares traded at $21.51. The trailing 12-month dividend yield of Fidelity stocks is 1.18%. The forward dividend yield of its stocks is 1.16%.
Fidelity is engaged in selling individual life insurance products and annuities through independent agents, managing general agents and specialty brokerage firms and in selected institutional markets.
The company reported a net income of $9 million for the fiscal second quarter of 2016 ending March 31.
