Stocks That Fell to 3-Year Lows in the Week of Aug. 17

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- By Shuda Xia

General Electric Co. (GE), Telefonica S.A. (TEF), Dentsply Sirona Inc. (XRAY), and Whirlpool Corp. (WHR) have declined to their three-year lows.

General Electric Co. (GE) declined to $12.30

The prices of General Electric Co. (GE) shares have declined to $12.30 on Aug. 17, which is only 2.9% above the 3-year low of $11.94.


General Electric Co. is an American international conglomerate corporation and operates through multiple segments, including Power & Water, Oil and Gas, Aviation, Healthcare, and Transportation. The company was ranked among the Fortune 500 as the 4th largest firm in the United States in 2017.

General Electric Co. has a market cap of $106.9 billion; its shares were traded around $12.30 with and P/S ratio of 0.87. The trailing 12-month dividend yield of General Electric Co. stocks is 4.89%. The forward dividend yield of General Electric Co. stocks is 3.90%.

On July 20 General Electric Co. released fiscal results for the second quarter of 2018 ended June 30. GAAP earnings per share for the quarter was $0.08 compared to $0.12 during the same period prior year. Total revenue for the quarter was $30.104 billion, compared to $29.097 billion during the same quarter prior year.

Telefonica S.A. (TEF) declined to $8.42

The prices of Telefonica S.A. (TEF) shares have declined to $8.42 on Aug. 17, which is only 3.2% above the 3-year low of $8.15.

Telefonica S.A. is a Spanish international broadband and telecommunications provider with operations in Europe, Asia, and North and South America. The company is one of the largest telephone operators and mobile network providers in the world and is a component of the Euro Stoxx 50 stock market index.

Telefonica S.A. has a market cap of $43.25 billion; its shares were traded around $8.42 with a P/E ratio of 13.41 and P/S ratio of 0.72. The trailing 12-month dividend yield of Telefonica S.A. stocks is 5.69%. The forward dividend yield of Telefonica S.A. stocks is 5.65%.

On July 26 Telefonica S.A. announced results for the first half of 2018, from January to June. Revenues for the second quarter was EUR12.144 billion, a 6.3% decrease compared to the revenue during second quarter 2017. Free cash flow grew 32.7% to EUR1.548 billion year over year excluding spectrum. Net debt fell for the fifth consecutive quarter and was EUR45.593 million at the end of June.

Dentsply Sirona Inc. (XRAY) declined to $38.67

The prices of Dentsply Sirona Inc. (XRAY) shares have declined to $38.67 on Aug. 17, which is only 2.5% above the 3-year low of $37.70.

Dentsply Sirona Inc. is an American international dental equipment maker and dental consumables producer that markets its products in over 120 countries. The company also designs and manufactures laboratory and specialty products relating to dentistry, such as anesthetics, tooth polishers, and artificial teeth.

Dentsply Sirona Inc. has a market cap of $8.6 billion; its shares were traded around $38.67 with and P/S ratio of 2.17. The trailing 12-month dividend yield of Dentsply Sirona Inc. stocks is 0.90%. The forward dividend yield of Dentsply Sirona Inc. stocks is 0.92%.

On Aug. 7 Dentsply Sirona Inc. reported second quarter 2018 results. Revenue for the quarter was $1.042 billion, a 5.0% increase compared to $992.7 million during the second quarter of 2017. Net loss for the quarter was $1.122 billion, or $4.98 per diluted share, compared to a net loss of $1.05 billion, or a loss of $4.58 per diluted share during the second quarter of 2017.

Whirlpool Corp. (WHR) declined to $127.24

The prices of Whirlpool Corp. (WHR) shares have declined to $127.24 on Aug. 17, which is only 4.0% above the 3-year low of $122.20.

Whirlpool Corp. is an American Fortune 500 international manufacturer and marketer of home appliances and is the world's largest home appliance maker. The company markets the brands Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Gladiator GarageWorks, Inglis, Bauknecht, and Indesit.

Whirlpool Corp. has a market cap of $8.22 billion; its shares were traded around $127.24 with and P/S ratio of 0.43. The trailing 12-month dividend yield of Whirlpool Corp. stocks is 3.51%. The forward dividend yield of Whirlpool Corp. stocks is 3.60%. Whirlpool Corp. had an annual average earnings growth of 5.20% over the past 10 years.

On July 23 Whirlpool Corp. reported second quarter 2018 results. GAAP loss per diluted share was $9.50 compared to earnings per diluted share of $2.52 during the same period prior year. Second quarter ongoing earnings per diluted share were $3.20 compared to $3.35 during the same period prior year. Furthermore, the company repurchased 6,269,591 shares at a price of $159.50 per share, totaling at an aggregate cost of approximately $1 billion.

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

This article first appeared on GuruFocus.


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