Stocks That Fell to 3-Year Lows in the Week of June 29

Walgreens Boots Alliance Inc. (WBA), Liberty Global PLC (LBTYK), Korea Electric Power Corp. (KEP), and Franklin Resources Inc. (BEN) have declined to their respective three-year lows

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Jun 30, 2018
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Walgreens Boots Alliance Inc. (WBA, Financial), Liberty Global PLC (LBTYK, Financial), Korea Electric Power Corp. (KEP, Financial), and Franklin Resources Inc. (BEN, Financial) have declined to their three-year lows.

Walgreens Boots Alliance Inc. (WBA, Financial) declined to $60.02

The prices of Walgreens Boots Alliance Inc. (WBA, Financial) shares have declined to $60.02 on June 29, which is only 1.6% above the 3-year low of $59.07.

Walgreens Boots Alliance Inc. is an American holding company that owns Walgreens, Boots, and other pharmaceutical manufacturing, wholesale, and distribution companies. The company is organized into three divisions: Retail Pharmacy USA, known as Walgreens, Retail Pharmacy International, known as Boots, and Pharmaceutical Wholesale.

Walgreens Boots Alliance Inc. has a market cap of $59.52 billion; its shares were traded around $60.02 with a P/E ratio of 15.02 and P/S ratio of 0.49. The trailing 12-month dividend yield of Walgreens Boots Alliance Inc. stocks is 2.65%. The forward dividend yield of Walgreens Boots Alliance Inc. stocks is 2.95%. Walgreens Boots Alliance Inc. had an annual average earnings growth of 5.40% over the past 10 years.

On June 28 Walgreens Boots Alliance Inc. reported fiscal 2018 third quarter results. GAAP diluted earnings per share increased 26.2% to $1.35 from the year-ago quarter while GAAP net earnings increased 15.5% to $1.3 billion from the year-ago quarter. Sales increased 14% from the year-ago quarter to a total of $34.3 billion.

Liberty Global PLC (LBTYK, Financial) declined to $26.61

The prices of Liberty Global PLC (LBTYK, Financial) shares have declined to $26.61 on June 29, which is only 2.8% above the 3-year low of $25.86.

Liberty Global PLC is an American international telecommunications and media company. It was formed in 2005 through the merger of the international arm of Liberty Media and UGC. The company is the largest broadband internet service provider outside of the U.S.

Liberty Global PLC has a market cap of $21.47 billion; its shares were traded around $26.61 with and P/S ratio of 1.50.

On May 8 Liberty Global PLC reported first quarter 2018 results. Operating income increased 17.5% year over year to $493.1 million while revenue for the quarter increased 4.2% to $4.2 billion. The company also repurchased $500 million of stock during the quarter.

Korea Electric Power Corp. (KEP, Financial) declined to $14.34

The prices of Korea Electric Power Corp. (KEP, Financial) shares have declined to $14.34 on June 29, which is only 1.5% above the 3-year low of $14.12.

Korea Electric Power Corp. is the largest electric utility company in South Korea, responsible for the generation, transmission, and distribution of electricity and the development of electric power projects in fields such as nuclear power, wind power, and coal power. Furthermore, the company is responsible for 93% of South Korea’s electricity generation.

Korea Electric Power Corp. has a market cap of $18.31 billion; its shares were traded around $14.34 with a P/E ratio of 286.80 and P/S ratio of 0.34. The trailing 12-month dividend yield of Korea Electric Power Corp. stocks is 2.58%. The forward dividend yield of Korea Electric Power Corp. stocks is 2.57%. Korea Electric Power Corp. had an annual average earnings growth of 14.40% over the past 10 years.

On June 5 Korea Electric Power Corp. announced that its Ohi number 4 pressurized water reactor with a rated electric output of 1,180 MW has resumed commercial operation after completing the final inspection by the Korean Nuclear Regulation Authority. The reactor entered power control operation as the last stage of the periodic outage inspection on May 11, 2018.

Franklin Resources Inc. (BEN, Financial) declined to $32.05

The prices of Franklin Resources Inc. (BEN, Financial) shares have declined to $32.05 on June 29, which is only 4.6% above the 3-year low of $30.56.

Franklin Resources Inc. is an American international investment management company that provides services to retail, institutional, and sovereign wealth clients in over 170 countries. The company has $732 billion in assets under management as of May 31, 2018 and is a component of the S&P 500.

Franklin Resources Inc. has a market cap of $17.31 billion; its shares were traded around $32.05 with a P/E ratio of 26.48 and P/S ratio of 2.73. The trailing 12-month dividend yield of Franklin Resources Inc. stocks is 2.77%. The forward dividend yield of Franklin Resources Inc. stocks is 2.89%. Franklin Resources Inc. had an annual average earnings growth of 6.00% over the past 10 years.

On June 12 Franklin Resources Inc. declared a quarterly cash dividend of $0.23 per share. The dividend is payable on July 13 to stockholders of record at the close of business on June 29. The dividend represents a 15% increase over the quarterly dividend paid for the year-ago period.

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