Stocks That Fell to 3-Year Lows in the Week of Aug. 2

Carnival PLC, UBS Group AG, Honda Motor Co. Ltd. and Canon Inc. have declined to their respective three-year lows

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Aug 03, 2019
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Carnival PLC (CUK, Financial), UBS Group AG (UBS, Financial), Honda Motor Co. Ltd. (HMC, Financial) and Canon Inc. (CAJ, Financial) have declined to their three-year lows.

Carnival PLC (CUK, Financial) declined to $44.58

The prices of Carnival PLC (CUK, Financial) shares have declined to $44.58 on Aug. 2, which is only 2.2% above the 3-year low of $43.60.

Carnival PLC is a British-American cruise operator and currently the world’s largest travel leisure company. The company has a combined fleet of over 100 vessels across 10 cruise line brands. The company is composed of two companies, Carnival Corporation and Carnival PLC, which function as one entity. The company is the only company in the world to be listed on both the S&P 500 and FTSE 100 indexes.

Carnival PLC has a market cap of $31.28 billion; its shares were traded around $44.58 with a P/E ratio of 11.15 and P/S ratio of 1.66. The trailing 12-month dividend yield of Carnival PLC stocks is 4.50%. The forward dividend yield of Carnival PLC stocks is 4.42%. Carnival PLC had an annual average earnings growth of 6.80% over the past 10 years.

On June 20 Carnival PLC reported financial results for the second quarter of 2019 ended May 31. U.S. GAAP net income was $451 million, or $0.65 per diluted share, compared to net income of $561 million, or $0.78 per diluted share, during the same quarter prior year. Adjusted net income for the quarter was $457 million, or $0.66 adjusted earnings per share, compared to adjusted net income of $489 million, or $0.68 adjusted earnings per share, for the same quarter prior year.

UBS Group AG (UBS, Financial) declined to $11.12

The prices of UBS Group AG (UBS, Financial) shares have declined to $11.12 on Aug. 2, which is only 2.5% above the 3-year low of $10.84.

UBS Group AG is an international Swiss investment bank and financial services company. The company is the largest Swiss banking institution in the world and its services are known for their strict bank-client confidentiality and culture of banking secrecy.

UBS Group AG has a market cap of $40.23 billion; its shares were traded around $11.12 with a P/E ratio of 9.54 and P/S ratio of 1.48. The trailing 12-month dividend yield of UBS Group AG stocks is 6.17%. The forward dividend yield of UBS Group AG stocks is 6.32%.

On July 23 UBS Group AG reported financial results for the second quarter of 2019. Reported profit before tax increased by 3% from the same quarter prior year to $1.759 billion while adjusted profit before tax decreased by 2% to $1.787 billion. Diluted earnings per share increased by 2% year over year to $0.37.

Honda Motor Co. Ltd. (HMC, Financial) declined to $24.46

The prices of Honda Motor Co. Ltd. (HMC, Financial) shares have declined to $24.46 on Aug. 2, which is only 0.6% above the 3-year low of $24.32.

Honda Motor Co. Ltd. is a Japanese international conglomerate corporation that focuses on the manufacture of automobiles, motorcycles, and power equipment. The company has been the world’s largest manufacturer of motorcycles since 1959 and is also the world’s largest manufacturer of internal combustion engines by volume.

Honda Motor Co. Ltd. has a market cap of $42.79 billion; its shares were traded around $24.46 with a P/E ratio of 7.70 and P/S ratio of 0.31. The trailing 12-month dividend yield of Honda Motor Co. Ltd. stocks is 4.07%. The forward dividend yield of Honda Motor Co. Ltd. stocks is 4.16%. Honda Motor Co. Ltd. had an annual average earnings growth of 8.10% over the past 10 years.

On Aug. 2 Honda Motor Co. Ltd. reported financial results for first fiscal quarter ended June 30, 2019. Consolidated sales revenue for the quarter was 3,996.2 billion yen, a 0.7% decrease compared to the same quarter prior year. Consolidated operating profit for the quarter was $252.4 billion yen, a 15.7% decrease compared to the same quarter prior year.

Canon Inc. (CAJ, Financial) declined to $27.23

The prices of Canon Inc. (CAJ, Financial) shares have declined to $27.23 on Aug. 2, which is only 3.2% above the 3-year low of $26.37.

Canon Inc. is a Japanese international corporation focusing on the manufacture of imaging and optical products. Some of the company’s products include cameras, camcorders, photocopiers, steppers, and computer printers. The company has a primary listing on the Tokyo Stock Exchange and a secondary listing on the New York Stock Exchange. The company is also a component of the TOPIX Core 30.

Canon Inc. has a market cap of $29.07 billion; its shares were traded around $27.23 with a P/E ratio of 17.35 and P/S ratio of 0.86. The trailing 12-month dividend yield of Canon Inc. stocks is 5.28%. The forward dividend yield of Canon Inc. stocks is 5.28%. Canon Inc. had an annual average earnings growth of 0.10% over the past 10 years.

On July 30 Canon Inc. announced that the company is collaborating with McAfee to provide improved embedded protection against malware execution and tampering of firmware and applications for multifunction printers. Through the partnership Canon Inc. customers can now receive McAfee Embedded Control as an additional security feature on some Canon multifunction printers.

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