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Stocks That Fell to 3-Year Lows in the Week of Nov. 22

DuPont de Nemours Inc. (NYSE:DD), Simon Property Group Inc. (NYSE:SPG), Expedia Group Inc. (NASDAQ:EXPE) and Molson Coors Brewing Co. (NYSE:TAP) have declined to their three-year lows.

DuPont de Nemours declined to $65.83

The price of DuPont de Nemours shares declined to $65.83 on Nov. 22, which is only 4.5% above the three-year low of $62.87.

DuPont de Nemours Inc. is a chemical company that was formed by the merger of Dow Chemical and DuPont in 2017. Prior to the spinoff of Dow Inc. and Corteva, the company was the world's largest chemical company in terms of sales. It is a component of the S&P 100.


DuPont De Nemours has a market cap of $48.77 billion; its shares were traded around $65.83 with a price-earnings ratio of 62.10 and a price-sales ratio of 0.50. The trailing 12-month dividend yield is 4.58%. The forward dividend yield is 1.83%. DuPont De Nemours had an annual average earnings growth of 2.10% over the past 10 years.

On Oct. 31, DuPont De Nemours reported financial results for the third quarter of 2019. Net sales were $5.4 billion, a 5% decrease from the year-ago quarter. GAAP income was $372 million, compared to pro forma GAAP income of $88 million. GAAP earnings per share were 49 cents, up from 9 cents a year ago.

Simon Property Group declined to $147.70

The price of Simon Property Group shares declined to $147.70 on Nov. 22, which is only 2.2% above the three-year low of $144.52.

Simon Property Group is currently the largest real estate investment trust as well as the largest shopping mall operator in the United States. The company operates from five retail real estate platforms, including regional malls, premium outlet centers, The Mills, community centers and international properties.

Simon Property Group has a market cap of $45.32 billion; its shares were traded around $147.70 with a price-earnings ratio of 19.84 and a price-sales ratio of 7.94. The trailing 12-month dividend yield is 5.64%. The forward dividend yield is 5.73%. Simon Property Group had an annual average earnings growth of 4.90% over the past 10 years.

On Oct. 30, Simon Property Group reported financial reports for the third quarter. Net income attributable to common stockholders was $544.3 million, or $1.77 per diluted share, compared to net income of $556.3 million, or $1.80 per diluted share, during the year-ago quarter. Funds from operations was $1.081 billion, or $3.05 per diluted share, compared to $1.086 billion, or $3.05 per diluted share, last year.

Expedia Group declined to $96.63

The price of Expedia Group shares declined to $96.63 on Nov. 22, which is only 3.2% above the three-year low of $93.53.

Expedia is an American travel technology company whose products focus on travel fare aggregation and travel metasearch engines. Its websites include CarRentals.com, Expedia.com, Hotels.com and others. The company is a component of both the Nasdaq 100 and the S&P 500.

Expedia has a market cap of $14 billion; its shares were traded around $96.63 with a price-earnings ratio of 28.92 and a price-sales ratio of 1.21. The trailing 12-month dividend yield is 1.38%. The forward dividend yield is 1.44%. Expedia had an annual average earnings growth of 14.70% over the past five years.

On Nov. 6, Expedia announced financial results for the third quarter. Gross bookings increased 9% to $26.9 billion, while revenue grew 9% to $3.6 billion. Total stayed lodging room nights increased by 11% year over year. Net income declined 22% and adjusted Ebitda remained the same from the prior-year quarter.

Molson Coors Brewing declined to $52.28

The price of Molson Coors Brewing shares declined to $52.28 on Nov. 22, which is only 4.5% above the three-year low of $49.92.

Molson Coors is an international brewing company that was formed in 2005 by the merger of two companies: Molson, which was based in Canada, and Coors, which was based in the United States. The company is the world's seventh-largest brewer by volume.

Molson Coors has a market cap of $11.32 billion; its shares were traded around $52.28 with a price-earnings ratio of 73.61 and a price-sales ratio of 1.07. The trailing 12-month dividend yield is 3.44%. The forward dividend yield is 4.34%. Molson Coors had an annual average earnings growth of 9.70% over the past 10 years.

On Nov. 21, Molson Coors declared a regular quarterly dividend on its Class A and Class B common shares of 57 cents per share. The dividend is payable on Dec. 13 to shareholders of record at the close of business on Dec. 2.

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

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This article first appeared on GuruFocus.