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Midstate stock report: 2013 growth, best return on investment and more

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Take a closer look at the five-year analysis of the biggest public companies in Central Pennsylvania with more charts and data.

Highs and lows: Best return on investment?

So let’s imagine you can predict the future. You bought midstate stocks on their five-year low closing price and sold on price peak days (see “Midstate stock report,” page 1). What would have been your best return on investment?

Answer: Bon-Ton Stores Inc.

The five-year low on Bon-Ton stock at closing was $0.73 per share on Nov. 20, 2008. If you bought the stock at that price and held it until June 4, 2013, when the price was $21.66 per share, your return on investment would have been 2,867 percent.

What about the worst return, assuming you bought at the peak price, which was in the recessionary period for many financial institutions?

Excluding Unilife Corp.*, which produced its all-time high stock price when it began trading in February 2010, the biggest loss on investment would be Orrstown Financial Services Inc.

If you bought the Orrstown stock at $36.81 on June 12, 2009, watched it fall to a low of $7.50 in 2012 and sold, the loss was 79.6 percent. That was just ahead of Susquehanna Bancshares Inc., which was down 79.5 percent from Oct. 1, 2008 ($17.99) to July 21, 2009 ($3.68).

If you held on through the losses, prices have improved quite a bit.

—Jason Scott

 

*Unilife posted a high of $17.90 per share on Feb. 17, 2010. It began trading in the U.S. on Feb. 16. The five-year low was $1.85 in May 2013.

A big year: Detailing 2013 stock growth

We focused primarily on the five-year snapshot to give you a better sense of the journey many of these stocks — much like the collective group on the stock market — have been on since the Great Recession.

Obviously, March 2009 was a bad time for the market. Midstate stocks were no exception (see “Midstate stock report,” page 1).

But what about return on investment just in the last year? Maybe you mustered enough courage to wade back into the deep end at the latter part of 2012 and bet big on a solid 2013 for the market.

Here’s what you would’ve found, as it pertains to adjusted stock price for the public companies on our list, between Dec. 1, 2012, and Dec. 1, 2013:

Rite Aid Corp.: 486 percent return (based on closing price Nov. 30, 2012, and closing price Nov. 29, 2013)

The Hershey Co.: 34.9 percent

Harsco Corp.: 34.2 percent

Select Medical Holdings Corp.: -5.9 percent

Dentsply International Inc.: 20.5 percent

Bon-Ton Stores Inc.: 52.4 percent

Armstrong World Industries Inc.: 5.3 percent

P.H. Glatfelter Co. dba Glatfelter: 67.6 percent

Susquehanna Bancshares Inc.: 25.9 percent

Fulton Financial Corp.: 38.3 percent

Donegal Group Inc. Class A: 20.8 percent

Donegal Group Inc. Class B: 12.4 percent

Hersha Hospitality Trust: 27.6 percent

Burnham Holdings Inc.: 21.4 percent

Eastern Insurance Holdings Inc.: 48.4 percent

Metro Bancorp Inc.: 74.7 percent

Orrstown Financial Services Inc.: 93.6 percent

Codorus Valley Bancorp Inc.: 43.8 percent

The York Water Co.: 29.3 percent

ENB Financial Corp.: 16.1 percent

Mid Penn Bancorp Inc.: 24.8 percent

Integrity Bancshares Inc.: NA (started trading in September 2013)

Unilife Corp.: 96 percent

The biggest movers over that span were Rite Aid, Unilife and Orrstown. Rite Aid was trading around $1 per share in 2012 and around $6 a year later, according to Yahoo Finance.

The smallest increases were Select Medical, Armstrong and Donegal Group’s Class B. Select Medical produced the only negative return during that year in review.

—Jason Scott

Recent share price

Hoping to help those who have held onto their local stocks, we looked at company share prices at the beginning of December.

Prices come from the closing bell on Dec. 2, which was the first day of December trading. The reported figures reflect the adjusted stock price.

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