NEW YORK ( TheStreet) -- Shares of the following stocks fell to 52-week lows on Tuesday: Vonage ( VG), Newfield Exploration ( NFX), Ferrellgas ( FGP), RF Micro ( RFMD), SkyWest ( SKYW) and Jaguar Mining ( JAG).
Vonage "Vonage provided 2012 guidance that reflects an increased level of investment in strategic growth initiatives targeted at the mobile services market, new geographic expansion, and further penetrating the US ILD calling market," Citi analysts wrote in a Feb. 15 report. Shares of Vonage hit a 52-week low Tuesday of $1.98. The stock's 52-week high of $5.39 was set on May 4. Vonage has an estimated price-to-earnings ratio for next year of 5.73 times; the average for fixed-line telecommunications companies is 21. For comparison, TW Telecom ( TWTC) has a forward P/E of 30.83. Three of the four analysts who cover Vonage rated it buy and one gave the stock a hold rating. TheStreet Ratings gives Vonage a C grade and hold rating. The stock has declined 18.78% year to date.
Ferrellgas "Additionally, the economic downturn, coupled with high propane prices, has led many propane users to conserve propane consumption," JPMorgan analysts wrote in an April 9 report. "Given these challenges, combined with debt covenant concerns, we recommend an UW on FGP." Shares of Ferrellgas hit a 52-week low Tuesday of $13.39. The stock's 52-week high of $26.60 was set on May 2. Ferrellgas' forward P/E is 45.45; the average for gas distribution companies is 17.15. For comparison, Oneok ( OKE) has a lower forward P/E of 19.25. Six of the seven analysts who cover Ferrellgas rated it sell; one analyst gave the stock a hold rating. TheStreet Ratings gives Ferrellgas a C- grade and hold rating. The stock has fallen 28.04% year to date.
SkyWest "We recently lowered our 2012 and 2013 forecasts to reflect increasing cost pressures that currently besiege SkyWest," Deutsche Bank analysts wrote in a Feb. 17 report. "We are maintaining those forecasts - our 2012 and 2013 EPS estimates are $0.75 (vs. consensus of $0.65) and $1.30 (vs. consensus of $1.21), respectively. Our March Q 2012 forecast is a loss per share of $0.15 (vs. the consensus loss of $0.06)." Shares of SkyWest hit a 52-week low of $10.13. The stock's 52-week high of $16.92 was set on May 4. SkyWest's forward P/E is 9.28; the average for airlines is 6.57. For comparison, Delta Air Lines ( DAL) has a lower forward P/E of 3.88. Analysts were split on SkyWest with four rating it hold, another four giving the stock a sell rating and one rating the stock buy. TheStreet Ratings gives SkyWest a C grade and hold rating. The stock has fallen 16.52% year to date.