John Ransom

Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.

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Stock number one: Carbonite, Inc.

Carbonite beats by $0.07, beats on revs—Briefing.com

Carbonite beats by $0.07, beats on revs; guides Q2 EPS in-line, revs above consensus; guides FY14 EPS above consensus, revs in-line (CARB) : Reports Q1 (Mar) earnings of $0.02 per share, excluding non-recurring items, $0.07 better than the Capital IQ Consensus Estimate of ($0.05); revenues rose 18.8% year/year to $29.1 mln vs the $28.58 mln consensus.

Symbol: CARB

Trailing PE: NA; Forward PE: NA

PEG: -2.39

Dividend: NA

Estimate Trend: Flat

Ransom Note Trendline: Avoid Carbonite

CARB Chart

CARB data by YCharts

Stock number two: JPMorgan Chase & Co.

JPMorgan Vice Chairman Ponti Leaving for Health-Care Fund —Bloomberg

Andrea Ponti, JPMorgan Chase & Co. (JPM)’s vice chairman of global health-care investment banking, is preparing to leave and set up an investment firm targeting the industry. Rakesh Patel and Cathrin Petty will continue to run JPMorgan’s health-care investment banking business in Europe, the Middle East and Africa, according to a memo from Laurence Hollingworth, head of EMEA coverage, that was obtained by Bloomberg News. The contents of the document were confirmed by a spokeswoman for the bank in London.

Symbol: JPM

Trailing PE: 14; Forward PE: 9

PEG: 1.82

Dividend: 2.90%

Estimate Trend: Up

Price to Book: 1.03

Ransom Note Trendline: JP Morgan

JPM Chart

JPM data by YCharts

Stock number three: Coach, Inc.

Coach earnings plunge as US sales tumble--FT.com

Coach shares tumbled by nearly 10 per cent after the US accessories group reported worse than expected quarterly earnings and a sharp dip in North American sales.

Sales in stores open at least a year fell 21 per cent in the group’s core home market, missing Wall Street estimates of a 15 per cent decline. It blamed a later than usual Easter and wet weather for its poor performance.

Symbol: COH

Trailing PE: 13; Forward PE: 14

PEG: 2.12

Dividend: 2.70%

Estimate Trend: Mixed

Ransom Note Trendline: Avoid Coach

COH Chart

COH data by YCharts


John Ransom

John Ransom is the Finance Editor for Townhall Finance.
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