Stocks That Fell to 3-Year Lows in the Week of Oct. 6

BT Group PLC (BT), Cardinal Health Inc. (CAH), Teva Pharmaceutical Industries Ltd (TEVA), and Chipotle Mexican Grill Inc. (CMG) have declined to their respective three-year lows.

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Oct 08, 2017
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BT Group PLC (BT, Financial), Cardinal Health Inc. (CAH, Financial), Teva Pharmaceutical Industries Ltd (TEVA, Financial), and Chipotle Mexican Grill Inc. (CMG, Financial) have declined to their three-year lows.

BT Group PLC (BT, Financial) declined to $18.78

The prices of BT Group PLC (BT, Financial) shares have declined to $18.78 on Oct. 6, which is only 3.8% above the 3-year low of $18.06.

BT Group PLC is a British holding company which owns British Telecommunications, a British international telecommunications services company. BT Group has operations in more than 180 countries and its BT Global Services division provides telecoms services to corporate and government customers worldwide.

BT Group PLC has a market cap of $36.61 billion; its shares were traded around $18.78 with a P/E ratio of 17.32 and P/S ratio of 1.26. The trailing 12-month dividend yield of BT Group PLC stocks is 5.24%. The forward dividend yield of BT Group PLC stocks is 7.30%.

On Oct. 4 BT Group PLC announced that it has become the first telecommunications provider to sign a data exchange agreement with INTERPOL as it continues its efforts to combat the growing incidence of cyber-crime across the world. The accord provides a framework for threat information exchange focusing on data relating to criminal trends in cyber-space, emerging and known cyber-threats, and malicious attacks.

Cardinal Health Inc. (CAH, Financial) declined to $65.88

The prices of Cardinal Health Inc. (CAH, Financial) shares have declined to $65.88 on Oct. 6, which is only 4.8% above the 3-year low of $62.70.

Cardinal Health Inc. is an American health care service company that specializes in the distribution of pharmaceuticals and medical products, serving more than 100,000 locations. The company also manufactures medical and surgical products, including gloves, surgical apparel and fluid management products. The company also provides medical products to over 75% of hospitals in the U.S.

Cardinal Health Inc. has a market cap of $20.77 billion; its shares were traded around $65.88 with a P/E ratio of 16.31 and P/S ratio of 0.17. The trailing 12-month dividend yield of Cardinal Health Inc. stocks is 2.76%. The forward dividend yield of Cardinal Health Inc. stocks is 2.73%. Cardinal Health Inc. had an annual average earnings growth of 8.80% over the past 10 years.

On Aug. 2 Cardinal Health Inc. reported fourth quarter and fiscal 2017 results. The company reported revenues of $33 billion, a 5% increase from fourth quarter of last year. The company also reported GAAP diluted earnings per share of $0.86, a 16% decrease while non-GAAP diluted earnings per share increased 15% to $1.31.

Teva Pharmaceutical Industries Ltd (TEVA, Financial) declined to $15.94

The prices of Teva Pharmaceutical Industries Ltd (TEVA, Financial) shares have declined to $15.94 on Oct. 6, which is only 4.5% above the 3-year low of $15.22.

Teva Pharmaceutical Industries Ltd is an Israeli international pharmaceutical company that specializes in genetic drugs. Other business interests include active pharmaceutical ingredients and proprietary pharmaceuticals. It is the largest generic pharmaceutical drug manufacturer in the world and among the top 15 largest pharmaceutical companies worldwide.

Teva Pharmaceutical Industries Ltd has a market cap of $18.6 billion; its shares were traded around $15.94 with and P/S ratio of 0.71. The trailing 12-month dividend yield of Teva Pharmaceutical Industries Ltd stocks is 6.94%. The forward dividend yield of Teva Pharmaceutical Industries Ltd stocks is 7.05%. Teva Pharmaceutical Industries Ltd had an annual average earnings growth of 6.80% over the past 10 years.

On Sept. 25 Teva Pharmaceutical Industries Ltd announced the reintroduction of the generic equivalent to Depo-Provera, a contraceptive injection, in the United States. Medroxyprogesterone acetate injectable suspension is a progestin indicated only for the prevention of a pregnancy. The announcement follows the company’s strategy to make continued investments in new, higher value generic injectable products.

Chipotle Mexican Grill Inc. (CMG, Financial) declined to $307.64

The prices of Chipotle Mexican Grill Inc. (CMG, Financial) shares have declined to $307.64 on Oct. 6, which is only 4.1% above the 3-year low of $295.11.

Chipotle Mexican Grill Inc. is an American international chain of fast food restaurants in the United States, United Kingdom, Canada, Germany, and France. The restaurant is a Mexican style restaurant and specializes in tacos and Mission-style burritos. As of 2015, the company has more than 2,000 locations worldwide and employs more than 45,000 employees.

Chipotle Mexican Grill Inc. has a market cap of $8.77 billion; its shares were traded around $307.64 with a P/E ratio of 65.02 and P/S ratio of 2.09. Chipotle Mexican Grill Inc. had an annual average earnings growth of 17.00% over the past 10 years.

On Sept. 27 Chipotle Mexican Grill Inc. announced that it has earned an A grade in the Chain Reaction II Report and Scorecard, a ranking of the country’s largest fast food and fast casual dining companies based on policies for antibiotic use in farm animals. The company has earned A grades in each of the three years the study has been conducted. Of the 25 restaurant companies surveyed for the report, only two received A grades while eleven received an F.

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