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Stocks That Fell to 3-Year Lows the Week of April 3

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Wells Fargo & Co. (NYSE:WFC), HSBC Holdings PLC (NYSE:HSBC), Walgreens Boots Alliance Inc. (NASDAQ:WBA) and Honda Motor Co. Ltd. (NYSE:HMC) have attained their a few-year lows.

Wells Fargo declined to $26.23

The rate of Wells Fargo shares declined to $26.23 on April three, which is only 4.three% previously mentioned the a few-year very low of $twenty five.11.

Wells Fargo is a banking and financial products and services holding company. It is the world’s second-premier financial institution by market place capitalization and the 3rd-premier financial institution in the U.S. by belongings. .

The comapny has a market place cap of $107.26 billion its shares have been traded all over $26.23 with a rate-earnings ratio of 6.fifty two and a rate-profits ratio of 1.forty one. The trailing twelve-month dividend generate is 7.54%. The ahead dividend generate is 7.seventy nine%.

On March sixteen, Wells Fargo announced it is decreasing its key amount to three.twenty five% from 4.twenty five%, productive immediately.

HSBC Holdings declined to $24.33

The rate of HSBC Holdings shares declined to $24.33 on April three, which is only 1.6% previously mentioned the a few-year very low of $23.ninety five.

HSBC is a British worldwide financial products and services holding company. As of December 2018, it is the premier financial institution in Europe with total belongings of $two.558 trillion. The company has all over three,900 places of work in sixty seven nations throughout the world and all over 38 million shoppers. The company is also a component of the FTSE one hundred.

The company has a market place cap of $102.78 billion its shares have been traded all over $24.33 with a rate-earnings ratio of sixteen.45 and a rate-profits ratio of 1.forty nine. The trailing twelve-month dividend generate is 10.50%. The ahead dividend generate is 10.50%.

On March 31, HSBC announced its board experienced received from the Lender of England by means of the Prudential Regulation Authority a written request not to pay the fourth interim dividend in regard of 2019. The board has achieved to talk about the written request from the PRA and has cancelled the fourth interim dividend of 21 cents per share because of to the important uncertainties posed by the Covid-19 pandemic. The board has also made a decision to not make quarterly dividend payments right up until the end of 2020.

Walgreens declined to $40.72

The rate of Walgreens shares declined to $40.72 on April three, which is only three.two% previously mentioned the a few-year very low of $39.forty one.

Walgreens is an American holding company that owns Walgreens, Boots and other pharmaceutical manufacturing, wholesale and distribution companies. The company is structured into a few divisions: Retail Pharmacy United states, recognised as Walgreens, Retail Pharmacy Intercontinental, recognised as Boots, and Pharmaceutical Wholesale.

Walgreens has a market place cap of $36.07 billion its shares have been traded all over $40.72 with a rate-earnings ratio of 10.02 and a rate-profits ratio of .28. The trailing twelve-month dividend generate is 4.46%. The ahead dividend generate is 4.50%. Walgreens experienced an annual typical earnings development of five.90% more than the previous 10 years.

On April two, Walgreens reported financial outcomes for the second quarter of fiscal 2020. Product sales for the quarter amplified three.7% to $35.8 billion. Working money diminished eighteen.7% to $1.two billion, whilst altered running money declined twelve% to $1.7 billion. Earnings per share for the quarter fell fourteen% to $1.07 whilst altered earnings per share diminished 7.three% to $1.fifty two.

Honda Motor declined to $19.86

The rate of Honda Motor shares declined to $19.86 on April three, which is only two.4% previously mentioned the a few-year very low of $19.38.

Honda Motor is a Japanese worldwide conglomerate that focuses on the manufacture of cars, bikes and electric power tools. The company has been the world’s premier company of bikes given that 1959 and is also the world’s premier company of inner combustion engines by volume.

Honda has a market place cap of $34.44 billion its shares have been traded all over $19.86 with a rate-earnings ratio of 7.86 and a rate-profits ratio of .24. The trailing twelve-month dividend generate is five.23%. The ahead dividend generate is five.24%. Honda Motor experienced an annual typical earnings development of 8.10% more than the previous 10 years.

On April two, Honda announced that the company will proceed to evaluate problems and make adjustments to its manufacturing functions in North America as required because of to the coronavirus outbreak. The company has extended the manufacturing suspension earlier announced for all of its vehicle, engine and transmission crops in North America by means of April 10.

Disclosure: I do not individual inventory in any of the companies talked about in the report.

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