Where The Selling Ran Deepest: 99 Stocks At 52-Week Lows

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Large, established companies are appearing on the new-lows list, raising questions about value and damage.

Comcast, a company with a market value of about $77.0 billion, has seen its stock decline 20.2% over the last month. As of Tuesday, September 29, there are 99 US and Canada-listed stocks in the Trefis coverage universe trading at their 52-week lows.

With 21 of those names also S&P 500 members, and the index itself down just -0.4% over the last month, the list raises a question: are these pockets of real fundamental weakness or just steep discounts on established businesses?

Photo by ArtsyBee on Pixabay

Every Name On The List

The table below lists all 99 US and Canada-listed stocks in the Trefis coverage universe at their 52-week lows (the screen only considers companies with market values above $500 million), largest first, with one-day, one-week, one-month, and one-year returns:

Tickers Market
Cap
1D
% Chg
1W
% Chg
1M
% Chg
1Y
% Chg
HD $286.3 Bil -0.6% -5.7% -12.1% -27.8%
LOW $104.7 Bil -0.2% -4.5% -10.0% -25.7%
CMCSA $77.0 Bil -0.9% -3.7% -20.2% -24.0%
LHX $44.0 Bil -0.5% -1.4% -9.6% -18.1%
CCI $29.0 Bil -0.0% -7.3% -10.6% -26.0%
MLM $28.8 Bil -2.4% -4.1% -9.6% -21.5%
CPRT $25.4 Bil -0.3% -5.7% -17.7% -39.5%
OTIS $25.1 Bil -1.1% -3.6% -8.5% -25.8%
LVS $25.1 Bil -1.2% -3.5% -14.9% -27.5%
FNMA $24.5 Bil -5.2% -14.0% -32.9% -67.3%
FISV $24.2 Bil -1.4% -1.6% -14.7% -65.0%
EXE $20.1 Bil -1.3% -3.3% -14.2% -18.6%
STZ $19.6 Bil -0.1% -4.1% -13.7% -12.4%
BCE $18.8 Bil -2.0% -7.2% -13.0% -8.1%
SBAC $17.3 Bil -0.4% -7.4% -14.7% -14.0%
FIS $17.2 Bil -2.8% -4.6% -18.6% -46.1%
EFX $16.7 Bil -3.4% -11.9% -27.3% -44.0%
RCI $16.7 Bil -1.8% -7.2% -14.8% -10.1%
WY $14.1 Bil -0.9% -9.2% -16.5% -17.4%
FICO $14.0 Bil -26.5% -32.4% -46.4% -59.3%
SUI $13.6 Bil -1.3% -2.6% -9.9% -10.9%
CHTR $13.3 Bil -0.7% -5.6% -28.0% -59.5%
FLUT $13.0 Bil -2.8% -16.0% -26.9% -73.4%
TU $12.8 Bil -2.4% -4.9% -14.4% -43.3%
LII $12.5 Bil -2.6% -3.5% -8.8% -30.5%
TRU $12.4 Bil -2.9% -10.5% -25.0% -24.1%
FMCC $12.3 Bil -5.0% -12.8% -32.6% -69.2%
WSO $11.5 Bil -4.0% -7.6% -3.2% -21.9%
GLPI $10.9 Bil -0.9% -4.1% -8.2% -12.3%
CSGP $10.9 Bil -0.3% -6.3% -16.4% -67.9%
DKNG $9.7 Bil -7.4% -10.1% -22.4% -53.7%
KTOS $8.1 Bil -2.3% -8.3% -17.2% -50.1%
WYNN $8.0 Bil -2.8% -5.2% -17.9% -38.8%
SARO $7.1 Bil -2.1% -4.5% -13.0% -18.6%
ZG $6.4 Bil -0.5% -11.3% -23.5% -63.7%
Z $6.2 Bil -0.4% -11.7% -23.3% -65.6%
BLDR $6.2 Bil -0.8% -5.5% -15.0% -51.3%
JOBY $5.8 Bil -2.0% -7.0% -14.2% -62.8%
TTD $5.6 Bil -2.4% -8.6% -11.2% -74.4%
EPRT $5.6 Bil -1.7% -4.1% -14.6% -9.1%
RYN $5.6 Bil -1.1% -8.2% -7.7% -22.5%
AN $5.3 Bil -2.8% -7.6% -21.6% -28.0%
IBP $5.2 Bil -1.1% -8.5% -20.9% -21.1%
BYD $5.0 Bil -3.0% -6.9% -15.4% -21.2%
MIDD $4.8 Bil -1.0% -6.4% -6.4% -20.6%
ADT $4.7 Bil -0.8% -6.1% -17.9% -28.1%
CNX $4.6 Bil -1.5% -4.9% -13.8% -3.2%
AMTM $4.4 Bil -1.8% -7.9% -10.6% -19.6%
PIPR $4.4 Bil -9.7% -11.0% -14.4% -24.3%
KRMN $4.4 Bil -2.4% -1.9% -27.9% -52.0%
BYND $4.1 Bil -3.4% -28.5% -40.6% -90.4%
SLGN $3.7 Bil -2.4% -6.3% -16.2% -15.7%
BOOT $3.7 Bil -3.4% -5.7% -21.3% -28.0%
MIR $3.5 Bil -0.1% -13.0% -0.4% -39.6%
MWA $3.4 Bil -0.8% -2.5% -11.9% -14.5%
PFSI $3.3 Bil -0.1% -5.0% -13.3% -48.0%
MIAX $3.2 Bil -0.1% -7.9% -21.2% -17.9%
ABG $3.2 Bil -3.2% -7.0% -17.8% -27.2%
NHI $3.2 Bil -1.7% -2.5% -8.8% -13.7%
LBTYA $3.1 Bil -1.8% -7.1% -13.2% -20.0%
OSIS $3.1 Bil -0.4% -4.3% -6.9% -18.7%
GPI $2.8 Bil -0.5% -5.1% -8.5% -44.3%
CWK $2.8 Bil -0.9% -8.6% -16.8% -26.0%
LEU $2.7 Bil -1.6% -12.5% -21.4% -54.7%
MZTI $2.7 Bil -1.2% -3.5% -12.2% -40.2%
HAYW $2.7 Bil -1.4% -4.5% -12.8% -16.9%
OPEN $2.3 Bil -2.5% -14.1% -28.0% -73.1%
NMRK $2.2 Bil -0.2% -10.5% -21.2% -33.5%
BXMT $2.1 Bil -0.8% -6.3% -10.3% -34.3%
TBBK $2.0 Bil -1.2% -4.0% -26.1% -37.2%
WHR $2.0 Bil -2.3% -8.6% -25.5% -59.4%
WU $1.9 Bil -2.5% -4.0% -14.6% -15.6%
ATS $1.8 Bil -2.8% -4.2% -4.7% -28.9%
XRAY $1.8 Bil -3.2% -9.7% -19.2% -27.1%
OLN $1.8 Bil -3.9% -8.3% -10.0% -33.2%
GT $1.4 Bil -0.4% -8.9% -21.3% -36.4%
ALKT $1.4 Bil -0.1% -26.1% -33.9% -47.9%
SLVM $1.4 Bil -2.7% -7.7% -6.5% -17.6%
WD $1.2 Bil -2.0% -5.3% -12.2% -53.9%
TPB $1.2 Bil -0.5% -0.3% -28.3% -38.5%
CXM $1.2 Bil -3.2% -10.4% -40.9% -38.7%
ORC $1.1 Bil -0.2% -7.4% -14.0% -2.9%
FMC $1.1 Bil -2.2% -14.8% -20.5% -72.3%
FUN $1.1 Bil -5.9% -11.7% -33.0% -50.4%
CDRE $1.1 Bil -2.0% -5.0% -16.9% -28.9%
UVV $1.0 Bil -0.5% -4.2% -8.9% -21.2%
OI $0.9 Bil -2.4% -8.9% -23.7% -57.1%
SAFE $0.9 Bil -1.7% -10.8% -21.9% -19.8%
PCT $0.8 Bil -4.9% -20.8% -31.8% -65.7%
ABR $0.8 Bil -2.7% -9.6% -21.5% -62.4%
PMT $0.7 Bil -0.9% -11.2% -14.3% -24.7%
EVEX $0.7 Bil -3.0% -9.8% -16.0% -50.0%
UAMY $0.6 Bil -1.9% -12.9% -13.8% -33.1%
JBGS $0.6 Bil -0.7% -8.3% -16.4% -51.6%
VEL $0.6 Bil -0.5% -7.1% -16.0% -18.2%
SSII $0.6 Bil 0.0% -12.4% -17.0% -48.0%
METC $0.5 Bil -6.7% -13.6% -37.0% -73.3%
NPB $0.5 Bil -1.9% -6.8% -13.0% -16.7%
BRSP $0.5 Bil -0.7% -5.8% -15.2% -28.5%

Is a low price always a sign of a broken business?

Consider Comcast (CMCSA), the third-largest name on today’s list. The stock’s recent slide has brought its valuation to 6.9 times trailing earnings. This comes as its revenue grew 0.6% over the last twelve months, and its free cash flow yield is 23.1%. The price move is sharp, but the underlying business is still growing revenue and generating significant cash.

A 52-week-low list is a starting point, not a conclusion.

Such a list contains two kinds of companies: those whose businesses are truly damaged, and those whose businesses are simply marked down. A stock price is an opinion, not a fact about a company’s health. The disciplined work is to look past the price and check the fundamentals before deciding which is which.

If any of these names tempt you, resist buying on price alone. Our Buy the Dip screen asks the follow-up question that matters: which marked-down stocks still have the growth and cash generation to recover.

Weakness Is Information. It Is Not An Instruction

A 52-week low tells you what the market thinks today. It does not tell you what to do, and acting on price alone is how value traps get bought. The missing ingredient is always the same: is the business still sound?

Asking that question across thousands of stocks, every day, is exactly how the Trefis High Quality (HQ) Portfolio is built: roughly 30 names that pass the quality screens, held with rules instead of nerve. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Let the low list sharpen your watchlist, and let the portfolio carry the risk.