Stocks That Fell to 3-Year Lows in the Week of June 8

Philip Morris International Inc., British American Tobacco PLC, Vodafone Group PLC and Southern Co. have declined to their respective three-year lows

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Jun 10, 2018
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Philip Morris International Inc. (PM, Financial), British American Tobacco PLC (BTI, Financial), Vodafone Group PLC (VOD, Financial), and Southern Co. (SO, Financial) have declined to their three-year lows.

Philip Morris International Inc. (PM, Financial) declined to $79.42

The prices of Philip Morris International Inc. (PM, Financial) shares have declined to $79.42 on June 8, which is only 4.0% above the three-year low of $76.21.

Philip Morris International Inc. is an American international cigarette and tobacco manufacturing company best known for its Marlboro brand. The company has sold products in over 180 countries and is a component of the S&P 100.

Philip Morris International Inc. has a market cap of $123.46 billion; its shares were traded around $79.42 with a P/E ratio of 20.57 and P/S ratio of 4.17. The trailing 12-month dividend yield of Philip Morris International Inc. stocks is 5.35%. The forward dividend yield of Philip Morris International Inc. stocks is 5.53%. Philip Morris International Inc. had an annual average earnings growth of 5.20% over the past 10 years.

On June 8 Philip Morris International Inc. announced that its Board of Directors has increased the company’s regular quarterly dividend by 6.5% to an annualized rate of $4.56 per share. The new quarterly dividend is $1.14 per share and is payable on July 11 to shareholders of record at the close of business on June 22.

British American Tobacco PLC (BTI, Financial) declined to $49.31

The prices of British American Tobacco PLC (BTI, Financial) shares have declined to $49.31 on June 8, which is only 1.2% above the three-year low of $48.71.

British American Tobacco PLC is a British international tobacco company that is the largest publicly traded tobacco company in the world. The company has a market leading position in over 50 countries and operations in 180 countries. Some of its largest selling brands are Dunhill, Lucky Strike, Kent and Pall Mall.

British American Tobacco PLC has a market cap of $114.94 billion; its shares were traded around $49.31 with a P/E ratio of 2.00 and P/S ratio of 3.75. The trailing 12-month dividend yield of British American Tobacco PLC stocks is 4.07%. The forward dividend yield of British American Tobacco PLC stocks is 5.56%. British American Tobacco PLC had an annual average earnings growth of 14.50% over the past 10 years.

On April 6 British American Tobacco PLC announced that it will continue its commitment to launch tobacco heating and vapor products in Turin, Italy. With the launch, Italy will become the company’s first market in the world to offer its consumers both vapor and tobacco heating products.

Vodafone Group PLC (VOD, Financial) declined to $25.21

The prices of Vodafone Group PLC (VOD, Financial) shares have declined to $25.21 on June 8, which is only 4.1% above the three-year low of $24.17.

Vodafone Group PLC is a British international telecommunications company. It was ranked fifth by revenue among mobile operator groups globally, and second in the number of connections. Vodafone operates networks in 26 countries and has partner networks in over 50 other countries.

Vodafone Group PLC has a market cap of $70.48 billion; its shares were traded around $25.21 with a P/E ratio of 23.41 and P/S ratio of 1.28. The trailing 12-month dividend yield of Vodafone Group PLC stocks is 7.08%. The forward dividend yield of Vodafone Group PLC stocks is 7.1%. Vodafone Group PLC had an annual average earnings growth of 28% over the past five years.

On May 15 Vodafone Group PLC announced the succession plan for the role of Group Chief Executive. Vittorio Colao will be succeeded by Group CFO Nick Read, effective Oct. 1, 2018. On July 27, Deputy DFO Margherita Della Valle will succeed Nick Read as Group CFO and will join the Board.

Southern Co. (SO, Financial) declined to $43.28

The prices of Southern Co. (SO, Financial) shares have declined to $43.28 on June 8, which is only 4.3% above the 3-year low of $41.40.

Southern Co. is an American gas and electric utility holding company chiefly operating in the southern United States. The company is currently the second largest utility company in the U.S. in terms of customer base; through its subsidiaries it serves 9 million customers in nine states. The company’s regulated regional electric utilities serve a 120,000-square-mile territory.

Southern Co. has a market cap of $43.78 billion; its shares were traded around $43.28 with a P/E ratio of 39.68 and P/S ratio of 1.85. The trailing 12-month dividend yield of Southern Co. stocks is 5.41%. The forward dividend yield of Southern Co. stocks is 5.56%. Southern Co. had an annual average earnings growth of 0.60% over the past 10 years.

On May 2 Southern Co. reported first quarter 2018 results. Earnings for the quarter were $938 million, or 93 cents per share, compared to earnings of $658 million, or 66 cents per share, during the first quarter of 2017. Net income for the quarter was $893 million, or 88 cents per share, compared to $652 million, or 66 cents per share, during the first quarter of 2017.

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