6 Stocks Drop to 52-Week Lows: VG, NFX, FGP, RFMD, SKYW, JAG

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.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Newfield Exploration

"Our valuation range is primarily based on our net asset value (NAV) estimate,which includes value for both proven and unproven reserves, as well as other net assets and liabilities," Wells Fargo analysts wrote in a March 15 report. "Our NAV estimate for NFX is $53.68. We apply a substantial discount to our NAV for uncertainty we see in ramping and emerging plays. Risks to our valuation range include volatility in commodity prices as well as execution risk in the Woodford."

Shares of Newfield hit a 52-week low on Tuesday of $33.23. The stock's 52-week high of $75.86 was set on April 11.

Newfield's forward P/E if 8.96; the average for exploration and production companies is 45.52. For comparison, EQT ( EQT) has a higher forward P/E of 15.57.

Sixteen of the 29 analysts who cover Newfield rated it buy. Twelve analysts gave the stock a hold rating and one rated it sell.

TheStreet Ratings gives Newfield a C+ grade and hold rating. The stock has fallen 11.18% year to date.


Ferrellgas

"Additionally, the economic downturn, coupled with high propane prices, has ledmany 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.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

RF Micro

"We would be buyers ahead of a resumption of 2G orders and normalization ofthe handset segment with 3G ramps into mid-year," Sterne Agee analysts wrote in a March 5 report. "We believe 3G should ramp nicely for RFMD in F13E with a solid ramp in 3G with new Samsung-QCOM design wins."

Shares of RF Micro hit a 52-week low of $4.35. The stock's 52-week high of $7.89 was set on Oct. 27.

RF Micro's forward P/E is 15.23; the average for semiconductors is 15.54. For comparison, Fairchild Semiconductor ( FCS) has a lower forward P/E of 11.31.

Analysts were divided on RF Micro with eight giving the stock a buy rating, another eight rating the stock a hold and three analysts giving the stock a sell rating.

TheStreet Ratings gives RF Micro a C+ grade and hold rating. The stock has fallen 19.07% year to date.


SkyWest

"We recently lowered our 2012 and 2013 forecasts to reflect increasing costpressures 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.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Jaguar Mining

"With JAG indicating the strategic review will be completed in Q2'12, we expect that investor's immediate focus will remain on the potential for a takeover, which we continue to think is low," National Bank Financial analysts wrote in a March 27 report. "We stress, however, that investors should also focus on JAG's now more significant financing risk. Considering JAG's cash position and expectation for continued weak operating performance, we expect JAG could require fairly imminent financing to sustain its current operations on top of financing to drive its only growth project, Gurupi."

Shares of Jaguar Mining hit a 52-week low Tuesday of $4. The stock's 52-week high of $8.18 was set on Nov. 16.

Jaguar's forward P/E is 16.47; the average for gold mining companies is 11.64. For comparison, Newmont Mining ( NEM) has a lower forward P/E of 8.58.

Three of the five analysts who cover Jaguar mining rated it sell; two analysts gave the stock a hold rating.

TheStreet Ratings gives Jaguar a D+ grade and sell rating. The stock has declined 26.5% year to date.

-- Written by Alexandra Zendrian

>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.

More from Investing

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Bitcoin Today: Prices Continue to Slump Heading Into Weekend

Bitcoin Today: Prices Continue to Slump Heading Into Weekend

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists