Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.
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%.
Trailing PE: 31; Forward PE: 20
Estimate Trend: Flat
Ransom Note Trendline: Buy Popeyes
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.
Trailing PE: 3; Forward PE: 9
Estimate Trend: Flat
Ransom Note Trendline: Sell Renewable Energy Group
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.
Trailing PE: 23; Forward PE: 6
Estimate Trend: Up
Ransom Note Trendline: Sell JinkoSolar
No, Threatening To Kill a U.S. Senator Isn't How You Start A Conversation On Gun Control | Matt Vespa
Desert Storm Veterans Deserve DC Memorial: "We Had a Mission, We Completed That Mission" | Justin Holcomb
BREAKING: Suicide Bombers Assault Ataturk Airport In Istanbul; UPDATE: 28 Reportedly Killed; UPDATE; Three Suicide Bombers? | Matt Vespa
Code Pink Confronts Cruz at Senate Hearing on Islamic Terror, Says He Has a ‘Serious Case’ of Islamophobia | Cortney O'Brien