Stocks That Fell to Three-Year Lows in the Week of Sept. 15

Mednax Inc., OPKO Health Inc., Terra Nitrogen Co. and Dean Foods Co. have declined to their respective three-year lows

Author's Avatar
Sep 16, 2017
Article's Main Image

Mednax Inc. (MD, Financial), OPKO Health Inc. (OPK, Financial), Terra Nitrogen Co. LP (TNH, Financial) and Dean Foods Co. (DF, Financial) have declined to their three-year lows.

Mednax Inc. (MD, Financial) declined to $42.90

The prices of Mednax Inc. (MD, Financial) shares have declined to $42.90 on Sept. 15, which is only 4.0% above the three-year low of $41.20.

Mednax Inc. is an American specialized health services company that focuses on neonatal, anesthesia, and pediatric physician subspecialty services in all 50 U.S. States and Puerto Rico. The company is the largest provider of newborn hearing screening in the U.S.

Mednax Inc. has a market cap of $4.01 billion; its shares were traded around $42.90 with a P/E ratio of 13.56 and P/S ratio of 1.14. Mednax Inc. had an annual average earnings growth of 12.90% over the past 10 years.

On Aug. 23 Mednax Inc. announced the acquisition of Radiology Associates of South Florida (RASF) to execute its strategy to become the partner of choice for radiology physician services. RASF is one of the largest independent radiology groups in the United States, compromising of more than 70 physicians. The practice provides diagnostic radiology, interventional radiology, and vascular surgery services at Baptist Health South Florida.

OPKO Health Inc. (OPK, Financial) declined to $5.97

The prices of OPKO Health Inc. (OPK, Financial) shares have declined to $5.97 on Sept. 15, which is only 2.0% above the three-year low of $5.85.

OPKO Health Inc. is an American pharmaceutical and medical test company. The company is mainly focused on diagnostics and pharmaceuticals, but also develops treatments for secondary hyperparathyroidism. The company has recently finished the patient recruitment for a Phase III trial against insufficiency in Vitamin D. In 2014, it acquired Laboratorio Arama de Uruguay.

OPLKO Health Inc. has a market cap of $3.34 billion; its shares were traded around $5.97 with and P/S ratio of 2.82.

On Aug. 8 OPKO Health Inc. reported financial results for the second quarter 2017 ended June 30. The company reported revenues of $314.2 million, compared to $357.1 million for the comparable 2016 period. The company also reported net losses of $17.5 million compared with net income of $15.5 million for the comparable 2016 period.

Terra Nitrogen Co. LP (TNH, Financial) declined to $78.72

The prices of Terra Nitrogen Co. (TNH, Financial) shares have declined to $78.72 on Sept. 15, which is only 4.5% above the three-year low of $75.20.

Terra Nitrogen Co. is an American agricultural chemical company that markets nitrogen fertilizers, most of which are anhydrous ammonia and urea ammonium nitrate solutions. The company’s products are mainly provided by a nitrogen manufacturing facility in Verdigris, Oklahoma. The company’s parental company is CF industries, a manufacturer of nitrogen and phosphate fertilizer products.

Terra Nitrogen Co. has a market cap of $1.47 billion; its shares were traded around $78.72 with a P/E ratio of 12.18 and P/S ratio of 3.66. The trailing 12-month dividend yield of Terra Nitrogen Co. stocks is 7.08%. The forward dividend yield of Terra Nitrogen Co. stocks is 7.09%. Terra Nitrogen Co. had an annual average earnings growth of 11.6% over the past 10 years.

On Aug. 2 Terra Nitrogen Co. reported second quarter 2017 financial results. The company had net earnings of $39.5 million on net sales of $96.1 million for the quarter, compared to net earnings of $98.7 million on net sales of $126.7 million for the comparable 2016 quarter. Net earnings allocable to common units was $27.4 million, or $1.48 per common unit, compared to $59.7 million, or $3.22 per common unit, for the 2016 comparable period.

Dean Foods Co. (DF, Financial) declined to $10.94

The prices of Dean Foods Co. (DF, Financial) shares have declined to $10.94 on Sept. 15, which is only 1.7% above the three-year low of $10.75.

Dean Foods Co. is an American food and beverage company and the largest dairy company in the United States. The company has 66 manufacturing facilities in 32 U.S. states and distributes its products across all 50 states. The company has 58 brands including DairyPure, TruMoo, Friendly’s, Mayfield, Dean’s, Meadow Gold, Tuscan and Alta Dena.

Dean Foods Co. has a market cap of $994.620 million; its shares were traded around $10.94 with a P/E ratio of 18.24 and P/S ratio of 0.13. The trailing 12-month dividend yield of Dean Foods Co. stocks is 3.29%. The forward dividend yield of Dean Foods Co. stocks is 3.25%.

On Aug. 22, Dean Foods Co. announced that Chris Bellairs, executive vice president and CFO, will depart the company effective Sept. 1. Bellairs will assist in transitioning to Scott Vopni, senior vice president and CAO, who will assume the responsibilities in the interim while the company searches for a new CFO.

Disclosure: I do not own stock in any of the companies mentioned in the article.