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

Schlumberger Ltd. (SLB), Korea Electric Power Corp. (KEP), Hanesbrands Inc. (HBI), and TripAdvisor Inc. (TRIP) have declined to their respective three-year lows

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Nov 18, 2017
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Schlumberger Ltd. (SLB, Financial), Korea Electric Power Corp. (KEP, Financial), Hanesbrands Inc. (HBI, Financial), and TripAdvisor Inc. (TRIP, Financial) have declined to their three-year lows.

Schlumberger Ltd. (SLB, Financial) declined to $61.96

The prices of Schlumberger Ltd. (SLB, Financial) shares have declined to $61.96 on Nov. 17, which is only 3.8% above the 3-year low of $59.60.

Schlumberger Ltd. is the world’s largest oilfield services company that employs more than 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 $85.83 billion; its shares were traded around $61.96 with a P/E ratio of 154.93 and P/S ratio of 2.90. The trailing 12-month dividend yield of Schlumberger Ltd. stocks is 3.25%. The forward dividend yield of Schlumberger Ltd. stocks is 3.26%.

On Oct. 20 Schlumberger Ltd. announced results for the third quarter of 2017. Revenue for the period was $7.9 billion, an increase of 13% compared to $7.01 billion during the same quarter of 2016. Diluted earnings per share for the quarter were $0.39, compared to $0.13 during the same quarter of 2016. Furthermore, net income for the quarter was $545 million, compared to $176 million during the same quarter of 2016.

Korea Electric Power Corp. (KEP, Financial) declined to $17.35

The prices of Korea Electric Power Corp. (KEP, Financial) shares have declined to $17.35 on Nov. 17, which is only 4.8% above the 3-year low of $16.51.

Korea Electric Power Corp. is the largest electric utility company in South Korea, responsible for the generation, transmission, and distribution of electricity and the development of electric power projects in fields such as nuclear power, wind power, and coal power. Furthermore, the company is responsible for 93% of South Korea’s electricity generation.

Korea Electric Power Corp. has a market cap of $21.73 billion; its shares were traded around $17.35 with a P/E ratio of 5.67 and P/S ratio of 0.42. Korea Electric Power Corp. had an annual average earnings growth of 11.20% over the past 10 years.

On Oct. 26 Korea Electric Power Corp. held a ceremony to mark the start of commercial operation of the Chitose solar powerplant in Hokkaido, Japan. The solar powerplant is the company’s first overseas solar project, with construction starting in April of 2016. The project cost approximately 133 billion South Korean Won.

Hanesbrands Inc. (HBI, Financial) declined to $19.50

The prices of Hanesbrands Inc. (HBI, Financial) shares have declined to $19.50 on Nov. 17, which is only 3.1% above the 3-year low of $18.90.

Hanesbrands Inc. is an American clothing company that was spun off by the Sara Lee Corporation in 2006. The company owns several clothing brands, including Hanes, Chapmion, Playtex, Bali, Barely There, Wonderbra, Duofold, and Daisyfresh. The company has 252 outlets stores as of 2015.

Hanesbrands Inc. has a market cap of $7.11 billion; its shares were traded around $19.50 with a P/E ratio of 12.03 and P/S ratio of 1.14. The trailing 12-month dividend yield of Hanesbrands Inc. stocks is 3.08%. The forward dividend yield of Hanesbrands Inc. stocks is 3.12%. Hanesbrands Inc. had an annual average earnings growth of 5.00% over the past 10 years.

On Nov. 1 Hanesbrands Inc. reported results for the third quarter of 2017 ended Sept. 30. Net sales were $1.8 billion, an increase of 2% compared to the same period prior year. Furthermore, operating profit for the quarter was $253 million, an increase of 11% compared to the same period prior year. Diluted earnings per share were $0.55, an increase of 22%.

TripAdvisor Inc. (TRIP, Financial) declined to $30.59

The prices of TripAdvisor Inc. (TRIP, Financial) shares have declined to $30.59 on Nov. 17, which is only 3.6% above the 3-year low of $29.50.

TripAdvisor Inc. is an American travel website company that provides reviews of travel related services such as hotels, flights, vacation rentals, restaurants, and travel guides. The website also includes interactive travel forums that utilizes user generated content. The website services are free to users, supported by an advertising business model.

TripAdvisor Inc. has a market cap of $4.25 billion; its shares were traded around $30.59 with a P/E ratio of 65.09 and P/S ratio of 2.82.

On Nov. 6 TripAdvisor Inc. reported results for the third quarter of 2017 ended Sept. 30. Total revenue for the quarter was $439 million, a 4% increase compared to $421 million during the same quarter of 2016. GAAP net income for the quarter was $25 million, a 55% decrease compared to $55 million during the same quarter of 2016. GAAP diluted earnings per share were $0.18, a 51% decrease compared to $0.37 GAAP diluted earnings per share during the same quarter of 2016.

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