Weekly Three-Year Low Highlights: China Unicom, Corrections Corp. of America, DeVry, Stratasys

A look at companies whose stock prices have fallen recently

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Nov 02, 2015
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According to GuruFocus' list of three-year lows, China Unicom (Hong Kong) Ltd. (CHU, Financial), Corrections Corp. of America (CXW, Financial), DeVry Education Group Inc. (DV, Financial) and Stratasys Ltd. (SSYS, Financial) have all reached their three-year lows.

China Unicom (Hong Kong) Ltd. reached $12.28

The prices of China Unicom (Hong Kong) Ltd. shares have declined to $12.28, which is 41.1% off the three-year high of $19.88.

China Unicom was incorporated as a limited liability company in the Hong Kong Special Administrative Region. The company has a market cap of $29.41 billion, and its stock has a P/E ratio of 19.80 and P/S ratio of 0.68. The dividend yield of China Unicom is 2.66%. The company had an annual average earnings growth of 6.00% over the past 10 years. GuruFocus rated it the business predictability rank of 2.5-star.

China Unicom recently released its results for its quarter ended Sept. 30. For this quarter, the company reported revenue of 212 billion RMB, which compares to 215 billion RMB for the prior year quarter. Diluted EPS were 0.33 RMB versus 0.43 RMB last year.

Corrections Corp. of America reached $28.50

The prices of Corrections Corp. of America shares have declined to $28.50, which is 35.1% off the three-year high of $42.31.

The company has a market cap of $3.34 billion, and its shares were traded at around $28.50 with a P/E ratio of 16.00 and P/S ratio of 1.94. The dividend yield of Corrections Corp. of America stocks is 7.47%, and the company had an annual average earnings growth of 1.80% over the past 10 years.

Corrections Corp. of America reported second quarter 2015 revenue of $459.3 million, an improvement of 11.8% from the prior year quarter. Diluted EPS was up 14.6% to 55 cents from 48 cents last year, and FFO per share was up 8.8% to 74 cents. The company will release its third-quarter results after the market closes Nov. 4.

DeVry Education Group Inc. reached $23.56

The prices of DeVry Education Group Inc. shares have declined to $23.56, which is 54.1% off the three-year high of $49.61.

DeVry has a market cap of $1.5 billion; its shares were traded at around $23.56 with a P/E ratio of 11.00 and P/S ratio of 0.80. The company has a dividend yield of 1.53% and an annual average earnings growth of 12.20% over the past 10 years.

DeVry Education Group recently released its first quarter 2016 results ended Sept. 30. Total revenue for this period decreased 4.5% to $441.4 million. Net income was $5.5 million, compared to $20.4 million last year. Excluding special items, net income was $24.5 million compared to $30.9 million last year. Diluted EPS were 8 cents, and operating cash flow was $116.6 million.

Stratasys Ltd. reached $25.50

The prices of Stratasys Ltd. shares have declined to $25.50, which is 82.0% off the three-year high of $138.10.

Stratasys is a 3D printing company. It has a market cap of $1.32 billion, and its shares were traded at around $25.50 with a P/S ratio of 1.68.

For its second quarter, Stratasys reported revenue of $182.3 million, compared to $178.5 million for the same period last year. GAAP net loss was $22.9 million, or 55 cents per diluted share, compared to no net loss per share last year. The company has also reported preliminary third quarter 2015 net loss per share between $3.66 and $2.98.

Go here for the complete list of three-year lows.