John Ransom

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

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Stock number one: Popeyes Louisiana Kitchen, Inc.

Popeyes Louisiana Kitchen backs long-term guidance—Fly on the Wall

Popeyes Louisiana Kitchen reaffirms that over the course of the upcoming five years, the company will deliver SSS growth of 1%-3%; net unit growth of 4%-6%; and EPS growth of 13%-15%.

Symbol: PLKI

Trailing PE: 31; Forward PE: 20

PEG: 1.38

Dividend: NA

Estimate Trend: Flat

Ransom Note Trendline: Buy Popeyes

PLKI Chart

PLKI data by YCharts

Stock number two: Renewable Energy Group, Inc.

Renewable Energy Group Announces Proposed Public Offering of $125 Million of Convertible Senior Notes--Business Wire

Renewable Energy Group, Inc. (REG) (REGI) announced today that it intends to offer, subject to market and other conditions, $125 million aggregate principal amount of convertible senior notes due 2019. In connection with the offering, REG expects to grant the underwriters an option to purchase up to an additional $18.75 million aggregate principal amount of such notes to cover over-allotments, if any.

Symbol: REGI

Trailing PE: 3; Forward PE: 9

PEG: 3.47

Dividend: NA

Estimate Trend: Flat

Ransom Note Trendline: Sell Renewable Energy Group

REGI Chart

REGI data by YCharts

Stock number three: JinkoSolar Holding Co.

JinkoSolar Q1 Earnings Miss Ests--Zacks

JinkoSolar Holding Co. Ltd. (JKS) reported first quarter 2014 results with adjusted earnings per American Depositary Share (ADS) of 20 cents (adjusted earnings of 5 cents per share), much lower than the Zacks Consensus Estimate of 41 cents. The company, however, reversed its year-ago adjusted loss per ADS of 56 cents (adjusted loss of 14 cents per share) in the reported quarter. Each “ADS” represents four ordinary shares.

Symbol: JKS

Trailing PE: 23; Forward PE: 6

PEG: 0.10

Dividend: NA

Estimate Trend: Up

Ransom Note Trendline: Sell JinkoSolar


JKS Chart

JKS data by YCharts


John Ransom

John Ransom is the Finance Editor for Townhall Finance.
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