American Eagle and MetroPCS Shares Among Major Price Percentage Decliner

The DJIA and S&P closed pretty much flat today. Some companies faced headwinds with shareholders and traders as they saw their stock prices sell off. Here are the companies to examine:

Big losers:

American Eagle Outfitters (NYSE:AEO): American Eagle Outfitters closed at $13.52, down $1.64, or 10.82 percent. Their 52-week trading range has been $10.00 to $16.37. American Eagle Outfitters took a hit after cutting its fourth quarter guidance. The company blamed poor demand which prompted deeper cuts for holiday sales.

MetroPCS Communications, Inc. (NYSE:PCS): Metro PCS closed at $8.01, down $0.78, or 8.87 percent. Their 52-week trading range has been $7.51 to $18.79. MetroPCS has the S&P 500’s biggest drop.  The company netted less new in the fourth quarter, signing up only 197,000 down 100,00 users from the same period one year ago.  Consensus predicted 223,000 users. Churn moved up from 3.5 percent to  3.7 percent. Leap Wireless (NASDAQ:LEAP) signing 175,000 subscribers for the fourth quarter, meeting expectations.

Tesoro Corporation (NYSE:TSO): Tesoro closed at $22.60, down $1.41, or 5.87 percent. Their 52-week trading range has been $17.43 to $29.61. Tesoro lowered guidance due to an “extremely weak margin environment in California and the collapse of the West Texas Intermediate to Brent crude oil spread.” New estimates are fourth quarter earnings-per-share loss of $0.55-$0.80 with consensus calling for $0.67 loss, and fiscal year 2012 earnings-per-share of $3.85-$4.10 with consensus at $5.34.

Children’s Place Retail Stores, Inc. (NASDAQ:PLCE): Children’s Place closed at $49.58, down $3.49, or 6.58 percent. Their 52-week trading range has been $36.96 to $57.55. Children’s Place posted big losses after lowering fourth quarter guidance for earnings-per-share from $1.19-$1.24 to $0.85-$0.90, well below Street estimates. The retailer looks for comparable sales to remain flat, citing discounts and record high apparel costs.

RPM International Inc. (NYSE:RPM): RPM International closed at $23.53, down $1.5, or 5.99 percent. Their 52-week trading range has been$17.20 to $26.00. Oppenheimer cut RPM to underperform sending the company lower, citing various challenges, construction markets in both the U.S. and Europe, and weak pricing power.

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To contact the reporter on this story: Jim Wilkerson at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com