Stocks That Fell to 3-Year Lows in the Week of July 21

United Parcel Service, Occidental Petroleum Corp, United Technologies and Buffalo Wild Wings have declined to their respective three-year lows

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Jul 22, 2017
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United Parcel Service Inc. (UPS, Financial), Occidental Petroleum Corp. (OXY, Financial), United Technologies Corp. (UTX, Financial) and Buffalo Wild Wings Inc. (BWLD, Financial) have declined to their three-year lows.

United Parcel Service Inc. (UPS, Financial) declined to $85.59

The prices of United Parcel Service Inc. (UPS, Financial) shares have declined to $85.59 on July 21, which is only 1.2% above the three-year low of $84.53.

United Parcel Service Inc. is an American international delivery company and a provider of supply chain management solutions. The company is also the largest package delivery company in the world, delivering more than 15 million packages per day to 7.9 million customers in more than 220 countries and territories around the world.

United Parcel Service Inc. has a market cap of $74.27 billion; its shares were traded around $85.59 with a P/E ratio of 21.79 and P/S ratio of 1.22. The trailing 12-month dividend yield of United Parcel Service Inc. stocks is 3.75%. The forward dividend yield of United Parcel Service Inc. stocks is 3.89%. United Parcel Service Inc. had an annual average earnings growth of 6.70% over the past 10 years.

On June 27, United Parcel Service Inc. announced aggressive new sustainability goals to add more alternative fuel and advanced technology vehicles to its fleet while increasing its reliance on renewable energy sources. This new announcement supports the company’s commitment to reduce its absolute greenhouse gas emissions from global ground operations 12% by 2025.

Occidental Petroleum Corp. (OXY, Financial) declined to $60.03

The prices of Occidental Petroleum Corp. (OXY, Financial) shares have declined to $60.03 on July 21, which is only 4.7% above the three-year low of $57.20.

Occidental Petroleum Corp. is an American international oil and gas exploration and production company. It has operations in the U.S., the Middle East and Latin America. In 2015, it was the 16th largest gas producer and third largest oil producer in Texas.

Occidental Petroleum Corp. has a market cap of $45.9 billion; its shares were traded around $60.03 with and P/S ratio of 4.14. The trailing 12-month dividend yield of Occidental Petroleum Corp. stocks is 5.07%. The forward dividend yield of Occidental Petroleum Corp. stocks is 5.06%.

On June 19, Occidental Petroleum Corp. announced that it has agreed to a number of purchase and sale transactions in the Permian Basin. On a combined basis, these transactions require no net cash outlay and add approximately 3,500 barrels of oil equivalent per day to the company’s net production. Furthermore, the company has reduced its Permian Resources position by 13,000 net acres, divesting non-strategic acreage in Andrews, Martin and Pecos counties.

United Technologies Corp. (UTX, Financial) declined to $11.53

The prices of United Technologies Corp. (UTX, Financial) shares have declined to $11.53 on July 21, which is only 0.5% above the three-year low of $11.47.

The United Technologies Corp. is an American international company that researches, develops, and manufactures high-technology products. Some of the company’s products include aircraft engines, aerospace systems and elevators.

United Technologies Corp. has a market cap of $9.24 billion; its shares were traded around $11.53 with a P/E ratio of 1.80 and P/S ratio of 0.17. The trailing 12-month dividend yield of United Technologies Corp. stocks is 22.89%. The forward dividend yield of United Technologies Corp. stocks is 23.93%. United Technologies Corp. had an annual average earnings growth of 5.20% over the past 10 years.

On May 1, United Technologies Corp. announced that it has successfully priced an offering of $1 billion aggregate principal amount of 1.9% notes due 2020, $500 million aggregate principal amount of 2.3% notes due 2022 and $800 million aggregate principal amount of 2.8% notes due 2024. The offering was closed on May 4, and net proceeds from the offering are expected to be used to fund the repayment at maturity of the company’s 1.8% notes due 2017.

Buffalo Wild Wings Inc. (BWLD, Financial) declined to $122.35

The prices of Buffalo Wild Wings Inc. (BWLD, Financial) shares have declined to $122.35 on July 21, which is only 2.3% above the three-year low of $119.55.

Buffalo Wild Wings Inc. is an American international casual dining restaurant and sports bar franchise that specializes in Buffalo wings and sauces. The company has locations in the U.S., Canada, Mexico, the Philippines and the United Arab Emirates. As of June 2017, it has 1,237 locations across the U.S.

Buffalo Wild Wings Inc. has a market cap of $1.97 billion; its shares were traded around $122.35 with a P/E ratio of 26.41 and P/S ratio of 1.11. Buffalo Wild Wings Inc. had an annual average earnings growth of 23.6% over the past 10 years.

On June 19, Buffalo Wild Wings Inc announced that it is offering for sale some of its company-owned restaurants as part of the company’s on-going portfolio optimization process. The company selected 83 restaurants to be refranchised in Canada, Pennsylvania, Texas, Washington, D.C., and the Northeastern U.S.

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