Stocks That Fell to 3-Year Lows in the Week of April 7

GuruFocus.com
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- By Shuda Xia

GGP Inc. (GGP) declined to $23.06

The price of GGP Inc. shares have declined to $23.06, which is only 4.9% above the three-year low of $21.93.

GGP Inc. is an American real estate investment trust company that owns and manages shopping malls throughout the U.S. The company has interest in 120 regional shopping malls in 40 states and has been in the shopping center industry for more than 60 years. The entire company's portfolio totals roughly 125 million square feet of retail space.


GGP has a market cap of $20.5 billion; its shares were traded around $23.06 with a P/E ratio of 17.19 and P/S ratio of 9.36. The trailing 12-month dividend yield of GGP is 3.47%. The forward dividend yield of GGP is 3.82%. GGP had annual average earnings growth of 9.6% over the past five years.

On March 22, GGP announced that it would report financial and operation results for the first quarter 2017 after the market closed on Monday, May 1. The company will host a conference call for investors on May 2 discussing earnings and supplemental financial information.

Twitter Inc. (TWTR) declined to $14.29

The price of Twitter Inc. shares has declined to $14.29, which is only 3.9% above the three-year low of $13.73.

Twitter Inc. is an online news and social networking service where users post and interact with messages, called "tweets," that can then be shared. The company is based in San Francisco, California, and has more than 25 offices around the world. As of 2016, the company had more than 319 million monthly active users.

Twitter Inc. has a market cap of $10.39 billion; its shares were traded around $14.29 with and P/S ratio of 3.95.

On April 4, Twitter announced that it will release financial results for the first quarter of 2017 on April 26, before the market opening. On the same day, the company will host a conference call to discuss these financial results.

Macy's Inc. (NYSE:M) fell to $29.10

The price of Macy's Inc. shares has declined to $29.10, which is only 4.7% above the three-year low of $27.72.

Macy's is an American holding company that owns the department store chains Macy's and Bloomingdale's, both of which specialize in the sale of clothing, footwear, accessories, bedding, furniture, jewelry, beauty products and various household items.

Macy's has a market cap of $8.95 billion; its shares were traded around $29.10 with a P/E ratio of 14.71 and P/S ratio of 0.36. The trailing 12-month dividend yield of Macy's is 5.18%. The forward dividend yield of Macy's is 5.13%. Macy's had annual average earnings growth of 0.2% over the past five years.

On March 27, Macy's announced an agreement with G-III Apparel Group Ltd. under which Macy's will serve beginning February 2018 as the exclusive U.S. department store for sales of KDNY women's apparel and accessories. Under the agreement, Macy's exclusivity covers DKNY women's apparel, handbags, shoes, outerwear and swim. The two companies will also work closely on brand extensions and exclusive products.

AutoNation Inc. (AN) declined to $40.14

The price of AutoNation Inc. shares has declined to $40.14, which is only 2.5% above the 3-year low of $39.13.

AutoNation Inc is an American automotive retailer and is the leading provider of new and pre-owned vehicles. The company is currently the largest automotive retailer in the United States and owns and operates over 310 centers of retail operations. Most of the company's revenue comes from the sale of new vehicles.

AutoNation Inc. has a market cap of $4.05 billion; its shares were traded around $40.14 with a P/E ratio of 9.67 and P/S ratio of 0.19. AutoNation Inc. had annual average earnings growth of 16.7% over the past five years.

On March 7, AutoNation Inc. announced that Jon Ferrando, the executive vice president, would be retiring from the company on March 31. Coleman Edmunds, currently the company's senior vice president and deputy general counsel, began serving as acting general counsel and corporate secretary effective April 1.

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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