Stocks That Fell to 3-Year Lows in the Week of July 13

Vodafone Group PLC (VOD), AT&T Inc. (T), L Brands Inc. (LB) and Tata Motors Ltd. (TTM) have declined to their respective three-year lows.

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Jul 15, 2018
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Vodafone Group PLC (VOD, Financial), AT&T Inc. (T, Financial), L Brands Inc. (LB, Financial), and Tata Motors Ltd. (TTM, Financial) have declined to their three-year lows.

Vodafone Group PLC (VOD, Financial) declined to $24.16

The prices of Vodafone Group PLC (VOD, Financial) shares have declined to $24.16 on July 13, which is only 0.5% above the 3-year low of $24.04.

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 $64.08 billion; its shares were traded around $24.16 with a P/E ratio of 22.69 and P/S ratio of 1.23. The trailing 12-month dividend yield of Vodafone Group PLC stocks is 7.39%. The forward dividend yield of Vodafone Group PLC stocks is 7.34%. Vodafone Group PLC had an annual average earnings growth of 28.00% over the past 5 years.

On July 13 Vodafone Group PLC announced a new three-year Partner Market agreement with Tunisia. This will be the company’s first partnership in North Africa. Under the non-equity agreement, the company will provide strategic and operational support in a range of areas, including enterprise, consumer, technology, and procurement and will include roaming and carrier services agreements.

AT&T Inc. (T, Financial) declined to $31.67

The prices of AT&T Inc. (T, Financial) shares have declined to $31.67 on July 13, which is only 2.2% above the 3-year low of $30.97. It is now 29.4% off the 3-year of $43.89.

AT&T Inc. an American multinational telecommunications conglomerate that is the second largest provider of mobile telephone services and the largest provider of fixed telephone services in the United States. It also provides broadband subscription television services through DirecTV.

AT&T Inc. has a market cap of $232.02 billion; its shares were traded around $31.67 with a P/E ratio of 6.42 and P/S ratio of 1.22. The trailing 12-month dividend yield of AT&T Inc. stocks is 6.26%. The forward dividend yield of AT&T Inc. stocks is 6.21%. AT&T Inc. had an annual average earnings growth of 1.60% over the past 10 years.

On June 15 AT&T Inc. announced that it has completed its acquisition of Time Warner Inc. This acquisition combines Warner Bros., HBO, Turner, and AT&T’s video, mobile, and broadband platforms. Under the terms of the merger, Time Warner Inc. shareholders received 1.437 shares of AT&T common stock in addition to $53.75 in cash per share of Time Warner Inc.

L Brands Inc. (LB, Financial) declined to $31.71

The prices of L Brands Inc. (LB, Financial) shares have declined to $31.71 on July 13, which is only 3.2% above the 3-year low of $30.70.

L Brands Inc. is an American fashion retailer that specializes in clothing and fashion accessories. The company’s flagship brands include Victoria’s Secret and Bath & Body Works. The company also owns brands such as Henri Bendel and La Senza and has distribution rights for C. O. Bigelow and The White Barn Candle Company.

L Brands Inc. has a market cap of $8.79 billion; its shares were traded around $31.71 with a P/E ratio of 9.71 and P/S ratio of 0.70. The trailing 12-month dividend yield of L Brands Inc. stocks is 7.55%. The forward dividend yield of L Brands Inc. stocks is 7.42%. L Brands Inc. had an annual average earnings growth of 11.90% over the past 10 years.

On July 12 L Brands Inc. reported June 2018 sales results. Net sales increased 6% to $1.282 billion for the five weeks ended July 7, 2018, compared to net sales of $1.213 billion for the five weeks ended July 1, 2017. Comparable sales for the five weeks ended July 7, 2018 increased 3% compared to the same period prior year.

Tata Motors Ltd. (TTM, Financial) declined to $19.21

The prices of Tata Motors Ltd. (TTM, Financial) shares have declined to $19.21 on July 13, which is only 1.6% above the 3-year low of $18.90.

Tata Motors Ltd. is an Indian international automotive manufacturing company. The company manufactures and markets passenger cars, trucks, vans, buses, construction equipment, and military vehicles. The company has manufacturing plants across the world, including in Argentina, South Africa, Great Britain, and Thailand.

Tata Motors Ltd. has a market cap of $12.12 billion; its shares were traded around $19.21 with a P/E ratio of 9.79 and P/S ratio of 0.32. Tata Motors Ltd. had an annual average earnings growth of 31.40% over the past 10 years.

On July 10 Tata Motors Ltd. announced that it has purchased a 26% stake in TruckEasy, a tech based freight aggregator owned by Loginomics Technologies Solutions Limited. The investment will provide the company an insight into the rapidly expanding technology driven transformation in the freight logistics space and will enable the company to stay closer to the final customer.

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