China Mobile Ltd (CHL, Financial), Anheuser-Busch Inbev (BUD, Financial), Kimberly-Clark Corp. (KMB, Financial), and Wipro Ltd (WIT, Financial) have declined to their three-year lows.
China Mobile Ltd (CHL, Financial) declined to $45.25
The prices of China Mobile Ltd (CHL, Financial) shares have declined to $45.25 on June 1, which is only 1.7% above the 3-year low of $44.49.
China Mobile Ltd. is Chinese state-owned telecommunication company that provides mobile voice and multimedia services through its mobile telecommunications network across mainland China. The company is the largest mobile telecommunications corporation by market capitalization and the world’s largest mobile phone operator.
China Mobile Ltd has a market cap of $185.51 billion; its shares were traded around $45.25 with a P/E ratio of 11.03 and P/S ratio of 1.67. The trailing 12-month dividend yield of China Mobile Ltd stocks is 4.50%. The forward dividend yield of China Mobile Ltd stocks is 4.49%. China Mobile Ltd had an annual average earnings growth of 4.20% over the past 10 years.
On March 22 China Mobile Ltd reported full year 2017 fiscal results. Operating revenue was RMB 740,514 million for 2017, a 4.5% increase compared to RMB 708,421 million during 2016. Earnings per share was RMB 5.58 for the year, a 5.1% increase compared to RMB 5.31 per share during 2016. EBITDA for the year was RMB 270,421 million, a 5.4% increase compared to RMB 256,677 million during 2016.
Anheuser-Busch Inbev (BUD, Financial) declined to $93.42
The prices of Anheuser-Busch Inbev (BUD, Financial) shares have declined to $93.42 on June 1, which is only 1.8% above the 3-year low of $91.70.
Anheuser-Busch InBev is a Brazilian-Belgian international beverage and brewing company. The company is the world’s largest brewer and is considered one of the largest fast-moving consumer goods companies in the world. The company was enlarged in October of 2016 when the company purchased SABMiller and concluded a merger. The company is expected to have an estimated global market share of 28%.
Anheuser-Busch Inbev has a market cap of $147.43 billion; its shares were traded around $93.42 with a P/E ratio of 25.04 and P/S ratio of 3.28. The trailing 12-month dividend yield of Anheuser-Busch Inbev stocks is 4.64%. The forward dividend yield of Anheuser-Busch Inbev stocks is 5.30%. Anheuser-Busch Inbev had an annual average earnings growth of 4.90% over the past 10 years.
On May 3 Anheuser-Busch Inbev announced that it has placed an order for up to 800 hydrogen-electric powered semi-trucks from Nikola Motor Company. The zero-emission trucks can travel between 500 and 1,200 miles and can be refilled within 20 minutes. The trucks will be integrated into the company’s dedicated fleet starting in 2020.
Kimberly-Clark Corp. (KMB, Financial) declined to $100.87
The prices of Kimberly-Clark Corp. (KMB, Financial) shares have declined to $100.87 on June 1, which is only 3.7% above the 3-year low of $97.10.
Kimberly-Clark Corp. is an American multinational personal care corporation that produces mostly paper-based consumer products. Some brand name products of this company include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, and Wypall utility wipes.
Kimberly-Clark Corp. has a market cap of $35.24 billion; its shares were traded around $100.87 with a P/E ratio of 19.82 and P/S ratio of 1.92. The trailing 12-month dividend yield of Kimberly-Clark Corp. stocks is 3.88%. The forward dividend yield of Kimberly-Clark Corp. stocks is 3.97%. Kimberly-Clark Corp. had an annual average earnings growth of 2.40% over the past 10 years.
On May 22 Kimberly-Clark Corp. announced that it has approved $30 million for expansion and improvements to its nonwovens manufacturing facility in Hendersonville, North Carolina. The plant produces nonwoven materials for the company’s North American adult and feminine care brands.
Wipro Ltd (WIT, Financial) declined to $4.60
The prices of Wipro Ltd (WIT, Financial) shares have declined to $4.60 on June 1, which is only 2.2% above the 3-year low of $4.50.
Wipro is an Indian international information technology services corporation. Its primary focus is on business consulting and IT services, including systems integration, consulting, information systems outsourcing, IT enabled services and R&D services.
Wipro Ltd has a market cap of $17.41 billion; its shares were traded around $4.60 with a P/E ratio of 15.73 and P/S ratio of 2.33. The trailing 12-month dividend yield of Wipro Ltd stocks is 0.34%. The forward dividend yield of Wipro Ltd stocks is 0.65%. Wipro Ltd had an annual average earnings growth of 12.50% over the past 10 years.
On May 21 Wipro Ltd announced the launch of its NetOxygen SaaS loan origination solution for mortgage lenders. The system seeks to help lenders reduce origination costs and boost production efficiency by using automation. The system connects to a front-end portal and fintech offerings, improving borrower experience.
Disclosure: I do not own stock in any of the companies mentioned in the article.
