Stocks That Fell to 3-Year Lows in the Week of May 10

Newmont Goldcorp Corp. (NEM), Walgreens Boots Alliance Inc. (WBA), UBS Group AG (UBS), and Halliburton Co. (HAL) have declined to their respective three-year lows.

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May 12, 2019
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Newmont Goldcorp Corp. (NEM, Financial), Walgreens Boots Alliance Inc. (WBA, Financial), UBS Group AG (UBS, Financial), and Halliburton Co. (HAL, Financial) have declined to their three-year lows.

Newmont Goldcorp Corp. (NEM, Financial) declined to $30.15

The prices of Newmont Goldcorp Corp. (NEM, Financial) shares have declined to $30.15 on May 10, which is only 3.6% above the 3-year low of $29.06.

Newmont Goldcorp Corp. is an American mining company that has active gold mines in Nevada, Australia, Ghana, Peru, and Suriname. The company’s holdings include Santa Fe Gold, Battle Mountain Gold, Normandy Mining, Frontier Gold, and Franco-Nevada Corp. The company is a component of the S&P 500.

Newmont Goldcorp Corp. has a market cap of $24.71 billion; its shares were traded around $30.15 with a P/E ratio of 70.11 and P/S ratio of 2.23. The trailing 12-month dividend yield of Newmont Goldcorp Corp. stocks is 1.86%. The forward dividend yield of Newmont Goldcorp Corp. stocks is 1.87%.

On April 29 Newmont Goldcorp Corp. announced that the company intends to temporarily suspend operations at the Peñasquito mine in Mexico pending resolution of an illegal blockade by a trucking contractor and some members of the Cedros community that began on March 27, 2019. The company remains committed to dialogue with the blockade leaders and will continue working with Mexican authorities to resolve the situation in a safe and fair manner.

Walgreens Boots Alliance Inc. (WBA, Financial) declined to $53.42

The prices of Walgreens Boots Alliance Inc. (WBA, Financial) shares have declined to $53.42 on May 10, which is only 2.2% above the 3-year low of $52.25.

Walgreens Boots Alliance Inc. is an American holding company that owns Walgreens, Boots, and other pharmaceutical manufacturing, wholesale, and distribution companies. The company is organized into three divisions: Retail Pharmacy USA, known as Walgreens, Retail Pharmacy International, known as Boots, and Pharmaceutical Wholesale.

Walgreens Boots Alliance Inc. has a market cap of $48.84 billion; its shares were traded around $53.42 with a P/E ratio of 10.04 and P/S ratio of 0.38. The trailing 12-month dividend yield of Walgreens Boots Alliance Inc. stocks is 3.22%. The forward dividend yield of Walgreens Boots Alliance Inc. stocks is 3.29%. Walgreens Boots Alliance Inc. had an annual average earnings growth of 5.90% over the past 10 years.

On April 25 Walgreens Boots Alliance Inc. announced a number of key leadership appointments to accelerate its transformation and lead long term growth. Gunjan Bhow was appointed Global Chief Digital Officer, Heather Dixon was appointed Global Controller and Chief Accounting Officer, Vineet Mehra was appointed Global Chief Marketing Officer, Annie Murphy was appointed Global chief Commercial Officer, and Collin Nelson was appointed Chief Global Supply Chain Officer.

UBS Group AG (UBS, Financial) declined to $12.13

The prices of UBS Group AG (UBS, Financial) shares have declined to $12.13 on May 10, which is only 4.3% above the 3-year low of $11.61.

UBS Group AG is an international Swiss investment bank and financial services company. The company is the largest Swiss banking institution in the world and its services are known for their strict bank-client confidentiality and culture of banking secrecy.

UBS Group AG has a market cap of $45.96 billion; its shares were traded around $12.13 with a P/E ratio of 10.16 and P/S ratio of 1.64. The trailing 12-month dividend yield of UBS Group AG stocks is 5.67%. The forward dividend yield of UBS Group AG stocks is 5.66%.

On April 25 UBS Group AG reported financial results for the first quarter of 2019. Operating income for the quarter was $7.218 billion, compared to an operating income of $6.972 billion during the same quarter prior year. Net profit for the quarter was $1.141 billion, compared to a net profit of $315 million during the same quarter prior year.

Halliburton Co. (HAL, Financial) declined to $25.36

The prices of Halliburton Co. (HAL, Financial) shares have declined to $25.36 on May 10, which is only 2.6% above the 3-year low of $24.70.

Halliburton Co. is an American international oil field services company with operations in more than 80 countries. The company owns hundreds of subsidiaries, affiliates, branches, brands, and divisions worldwide. The company provides technical products and services for petroleum and natural gas exploration and production such as refineries, pipelines, and chemical plants.

Halliburton Co. has a market cap of $22.16 billion; its shares were traded around $25.36 with a P/E ratio of 12.63 and P/S ratio of 0.94. The trailing 12-month dividend yield of Halliburton Co. stocks is 2.83%. The forward dividend yield of Halliburton Co. stocks is 2.77%.

On April 22 Halliburton Co. reported financial results for the first quarter of 2019. Reported net income for the quarter was $152 million, or $0.17 per diluted share, compared to the net income of $46 million, or $0.05 per diluted share, during the same quarter 2018. Adjusted net income for the first quarter was $201 million, or $0.23 per diluted share, compared to the adjusted net income of $358 million, or $0.41 per diluted share, during the same quarter 2018. Reported operating income for the quarter was $365 million, a 3% increase compared to the reported operating income of $354 during the same quarter prior year.

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