52-Week Company Lows

Eli Lilly, 3M, Simon Property Group, Schlumberger, EOG Resources and Occidental Petroleum present buying opportunities

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Oct 07, 2019
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According to GuruFocus’ calculations, these stocks have reached their 52-week lows.

Eli Lilly and Co. reached a 52-week low of $108.20

The price of Eli Lilly and Co. (LLY, Financial) shares has declined to close to the 52-week low of $108.20, which is 21.2% off the 52-week high of $132.13. The company has a market cap of $104.18 billion.

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Its shares traded with a price-to-earnings ratio of 13.65 and a price-to-sales ratio of 4.60 as of Oct. 4. The trailing 12-month dividend yield is 2.31%. The forward dividend yield is 2.38%. The company had an annual average earnings growth of 20.00% over the past 10 years.

Eli Lilly is a pharmaceutical company with a focus on neuroscience, endocrinology, oncology, and immunology. Lilly's key products include Alimta for cancer; Forteo for osteoporosis; Jardiance, Trulicity, Humalog, and Humulin for diabetes; and Cialis for erectile dysfunction. Lilly also holds a strong position in the animal healthcare market.

In the second quarter of 2019, net income was $1.33 billion compared with a net loss of $259.9 million in the second quarter of 2018.

10% Owner Lilly Endowment Inc. sold 210,000 shares on Sept. 20 at a price of $116.37. The price of the stock has decreased by 7.02% since.

Senior Vice President and President of Lilly International Alfonso G. Zulueta sold 4,500 shares on Sept. 20 at a price of $117. The price of the stock has decreased by 7.52% since.

3M reached the 52-week low of $155.82

The price of 3M Co. (MMM, Financial) shares has declined to close to the 52-week low of $155.82, which is 31.4% off the 52-week high of $219.75. The company has a market cap of $89.64 billion.

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Its shares traded with a price-to-earnings ratio of 18.75 and a price-to-sales ratio of 2.87 as of Oct. 4. The trailing 12-month dividend yield is 3.65%. The forward dividend yield is 3.70%. The company had an annual average earnings growth of 6.10% over the past 10 years. GuruFocus rated 3M’s business predictability at 4 stars.

Based in St. Paul, Minnesota, 3M manufactures a diverse array of industrial and consumer products. Known especially for popular consumer-facing products such as Scotch tape and Post-it Notes, the company's portfolio also offers display films, personal respirators, heavy-duty adhesives, reflective sheeting, sanding wheels and filters.

Net income for the second quarter was $1.13 billion compared to $1.86 billion for the prior-year period.

Simon Property Group reached the 52-week low of $148.00

The price of Simon Property Group Inc. (SPG, Financial) shares has declined to close to the 52-week low of $148.00, which is 24.1% off the 52-week high of $191.49. The company has a market cap of $46.10 billion.

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Its shares traded with a price-to-earnings ratio of 19.78 and a price-to-sales ratio of 7.99 as of Oct. 4. The trailing 12-month dividend yield is 5.54%. The forward dividend yield is 5.68%. The company had an annual average earnings growth of 4.90% over the past 10 years.

Simon Property Group is the largest retail U.S. real estate investment trust, with distinct platforms for its upscale regional malls, premium outlet centers and international properties.

Net income for the second quarter of 2019 was $495.3 million, down from $547.0 million in the comparable period of 2018.

Schlumberger reached the 52-week low of $31.88

The price of Schlumberger Ltd. (SLB, Financial) shares has declined to close to the 52-week low of $31.88, which is 51.2% off the 52-week high of $63.65. The company has a market cap of $44.09 billion.

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Its shares traded with a price-earnings ratio of 21.40 and a price-sales ratio of 1.34 as of Oct. 4. The trailing 12-month dividend yield is 6.27%. The forward dividend yield is 6.27%. GuruFocus rated Schlumberger’s business predictability at 3 stars.

Schlumberger is the world's largest supplier of products and services to the oil and gas industry. The company operates its business via multiple groups: Reservoir Characterization, Drilling, Production and Cameron. The firm is investing more than any other services firm to make its offerings more bundled, which it believes is likely to be one of the key industry trends during the next 10 years. Its efforts on this front are most visible via its Schlumberger Production Management (SPM) business, which now accounts for 10% of its revenue.

Net income for the second quarter of 2019 was $492 million compared to $430 million for the prior-year quarter.

EOG Resources reached the 52-week low of $70.92

The price of EOG Resources Inc. (EOG, Financial) shares has declined to close to the 52-week low of $70.92, which is 48.3% off the 52-week high of $133.53. The company has a market cap of $40.58 billion.

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Its shares traded with a price-earnings ratio of 11.53 and a price-sales ratio of 3.40 as of Oct. 4. The trailing 12-month dividend yield is 1.34%. The forward dividend yield is 1.62%.

EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford and the Bakken. At the end of 2017, it reported net proved reserves of 2.5 billion barrels of oil equivalent. Net production averaged 609 thousand barrels of oil equivalent per day in 2017, at a ratio of 70% oil and natural gas liquids and 30% natural gas.

Net income for the second quarter of 2019 was $848 million compared with $697 million for the second quarter of 2018.

Occidental Petroleum reached the 52-week low of $43.07

The price of Occidental Petroleum Corp. (OXY, Financial) shares has declined to close to the 52-week low of $43.07, which is 49.5% off the 52-week high of $82.81. The company has a market cap of $38.29 billion.

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Its shares traded with a price-to-earnings ratio of 8.50 and a price-to-sales ratio of 1.76 as of Oct. 4. The trailing 12-month dividend yield is 7.27%. The forward dividend yield is 7.34%.

Occidental is an independent exploration and production company with operations in the U.S., Latin America and the Middle East. At the end of 2017, the company reported net proven reserves of 2.6 billion barrels of oil equivalent. Net production averaged 601,000 barrels of oil equivalent per day in 2017, at a ratio of 25% oil and NGLs and 25% natural gas.

Net income for the second quarter of 2019 was $635 million compared to $848 million for the second quarter of 2018.

Director William R. Klesse bought 5,000 shares on Sept. 27 at a price of $45.54. The price of the stock has decreased by 5.42% since.

Go here for the complete list of 52-week lows.

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

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