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’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.
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