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Stocks That Fell to 3-Year Lows in the Week of Aug. 23

Exxon Mobil Corp. (NYSE:XOM), Schlumberger Ltd. (NYSE:SLB), Biogen Inc. (NASDAQ:BIIB) and Honda Motor Co. Ltd. (NYSE:HMC) have declined to their three-year lows.

Exxon Mobil Corp. (NYSE:XOM) declined to $67.49

The prices of Exxon Mobil Corp. (NYSE:XOM) shares have declined to $67.49 on Aug. 23, which is only 4.2% above the 3-year low of $64.65.

Exxon Mobil Corp. is an American international oil and gas corporation. The company is the largest direct descendant of John D. Rockefeller's Standard Oil Company and was ranked second in the Fortune 500 rankings of the largest United States corporations by total revenue in 2018.

Exxon Mobil Corp. has a market cap of $285.56 billion; its shares were traded around $67.49 with a price-earnings ratio of 16.26 and P/S ratio of 1.07. The trailing 12-month dividend yield of Exxon Mobil Corp. stocks is 5.01%. The forward dividend yield of Exxon Mobil Corp. stocks is 5.00%.

On Aug. 2 Exxon Mobil Corp. reported financial results for the second quarter of 2019. Upstream liquids production for the quarter grew by 8% compared to the same quarter prior year, driven by production in the Permian basin. Estimated second quarter earnings were $3.1 billion or 73 cents per share, compared to earnings of $4 billion during the same quarter prior year. Earnings included a favorable identified item of around $500 million, reflecting the impact of a tax rate change in Alberta, Canada. Oil-equivalent production was 3.9 million barrels per day for the quarter, an increase of 7% from the same quarter prior year.

Schlumberger Ltd. (NYSE:SLB) declined to $32.03

The prices of Schlumberger Ltd. (NYSE:SLB) shares have declined to $32.03 on Aug. 23, which is only 2.9% above the 3-year low of $31.11.

Schlumberger Ltd. is the world's largest oilfield services company and employs over 100,000 people in more than 85 countries. The company was founded in France but has principal executive offices in all over the world, including in Paris, France, Houston, U.S., London, U.K., the Hague, Netherlands, and Willemstad, Curacao.

Schlumberger Ltd. has a market cap of $44.3 billion; its shares were traded around $32.03 with a price-earnings ratio of 21.37 and P/S ratio of 1.36. The trailing 12-month dividend yield of Schlumberger Ltd. stocks is 6.25%. The forward dividend yield of Schlumberger Ltd. stocks is 5.93%.

On July 19 Schlumberger Ltd. announced that its board of directors has appointed Olivier Le Peuch as its CEO and member of the Schlumberger board, effective Aug. 1. Le Peuch succeeds Paal Kibsgaard, who is retiring as CEO also effective Aug. 1. Kibsgaard will retire after more than 22 years with the company, including eight years as the CEO and four years as chairman of the board. Le Peuch has been with the company for 32 years and has held a variety of global management positions, including president of the Cameron product lines and executive vice president, reservoir and infrastructure.

Biogen Inc. (NASDAQ:BIIB) declined to $225.85

The prices of Biogen Inc. (NASDAQ:BIIB) shares have declined to $225.85 on Aug. 23, which is only 4.3% above the 3-year low of $216.12.

Biogen Inc. is an American international biotechnology company specializing in the research, development, and delivery of therapies for the treatment of neurodegenerative, hematologic and autoimmune diseases. Some of the products of the company include Alprolix, Avonex, Eloctate, Fampyra and Gazyva.

Biogen Inc. has a market cap of $41.66 billion; its shares were traded around $225.85 with a price-earnings ratio of 8.41 and price-sales ratio of 3.16. Biogen Inc. had an annual average earnings growth of 22.70% over the past 10 years.

On July 23 Biogen Inc. reported financial results for the second quarter of 2019. Total revenues for the quarter were $3.6 billion, an 8% increase compared to the same quarter prior year. GAAP net income and diluted earnings per share for the quarter was $1.5 billion and $7.85, respectively.

Honda Motor Co. Ltd. (NYSE:HMC) declined to $22.90

The prices of Honda Motor Co. Ltd. (NYSE:HMC) shares have declined to $22.90 on Aug. 23, which is only 0.1% above the 3-year low of $22.87.

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 $40.32 billion; its shares were traded around $22.90 with a price-earnings ratio of 7.84 and price-sales ratio of 0.27. The trailing 12-month dividend yield of Honda Motor Co. Ltd. stocks is 3.29%. The forward dividend yield of Honda Motor Co. Ltd. stocks is 4.45%. 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 trillion 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.

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

This article first appeared on GuruFocus.