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

Allergan PLC, Vodafone Group PLC, WPP PLC and Tata Motors Ltd. have declined to their three-year lows

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Feb 09, 2019
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Allergan PLC (AGN, Financial), Vodafone Group PLC (VOD, Financial), WPP PLC (WPP, Financial) and Tata Motors Ltd. (TTM, Financial) have declined to their three-year lows.

Allergan PLC (AGN, Financial) declined to $132.09

The price of Allergan PLC (AGN, Financial) shares have declined to $132.09 on Feb. 8, which is only 4.7% above the three-year low of $125.84.

Allergan PLC is an Irish international pharmaceutical company that produces both branded and generic drugs. The company also performs pharmaceutical research and development. The company’s key products include Actonel, Acuvail, Aczone, Lumigan, Namenda, Ozurdex and Rapaflo.

Allergan PLC has a market cap of $44.55 billion; its shares were traded around $132.09 with and price-sales ratio of 2.81. The trailing 12-month dividend yield of Allergan PLC stocks is 2.18%. The forward dividend yield of Allergan PLC stocks is 2.23%.

On Jan. 29 Allergan PLC reported fourth-quarter and full-year 2018 results. Full-year 2018 GAAP net revenues were $15.8 billion while GAAP net revenues were $4.1 billion for the 2018 fourth quarter. Full-year 2018 GAAP loss per share was $15.26, while GAAP loss per share was $12.83 for the 2018 fourth quarter. Operating loss was $5.38 billion for the 2018 fourth quarter.

Vodafone Group PLC (VOD, Financial) declined to $18.04

The price of Vodafone Group PLC (VOD, Financial) shares have declined to $18.04 on Feb. 8, which is only 1.9% above the three-year low of $17.70.

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 $47.98 billion; its shares were traded around $18.04 with a price-sales ratio of 0.93. The trailing 12-month dividend yield of Vodafone Group PLC stocks is 9.64%. The forward dividend yield of Vodafone Group PLC stocks is 6.04%. Vodafone Group PLC had an annual average earnings growth of 28.40% over the past five years.

On Jan. 17 Vodafone Group PLC announced that it will be creating a new joint venture with IBM to help companies across Europe to provide clients with open and flexible technologies to integrate multiple clouds. The venture also seeks to help companies remove barriers from technology choices and to ensure that data and applications flow freely and securely across organizations.

WPP PLC (WPP, Financial) declined to $52.46

The price of WPP PLC (WPP, Financial) shares have declined to $52.46 on Feb. 8, which is only 4.1% above the three-year low of $50.31.

WPP PLC is a British international advertising and public relations company. The company owns a variety of advertising, public relations and market research networks, including IMRB, Millward Brown, Grey and TNS. The company is a component of the FTSE 100 Index and has listings in both the Nasdaq and London Stock Exchange.

WPP PLC has a market cap of $13.12 billion; its shares were traded around $52.46 with a price-earnings ratio of 5.37 and prie-sales ratio of 0.65. The trailing 12-month dividend yield of WPP PLC stocks is 7.76%. The forward dividend yield of WPP PLC stocks is 7.85%. WPP PLC had an annual average earnings growth of 7.80% over the past 10 years.

On Jan. 31 WPP PLC announced that it has agreed to sell its minority stake in Richard Attias & Associates back to existing shareholders. This decision is in line with the company’s previously stated objective of simplifying its offerings and focusing on its core business.

Tata Motors Ltd. (TTM, Financial) declined to $10.51

The price of Tata Motors Ltd. (TTM, Financial) shares have declined to $10.51 on Feb. 8, which is only 2.1% above the three-year low of $10.29.

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 $6.65 billion; its shares were traded around $10.51 with a price-earnings ratio of 138.89 and price-sales ratio of 0.18. Tata Motors Ltd. had an annual average earnings growth of 33.10% over the past 10 years.

On Feb. 7 Tata Motors Ltd. reported third-quarter 2019 results. Net revenue for the quarter increased 5% from the same quarter the prior year to Rs. 77,001 Cr. Ebitda for the quarter was Rs. 6,522 Cr. These results were attributed to weak sales in China and de-stocking.

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

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