Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.
Click here to listen to Ransom Notes Radio live or for archives of previous shows.
Stock number one: Post Holdings, Inc.
Cereal maker Post tumbles 10% after hours—USAToday
Shares in Post Holdings tumbled 10% after hours Thursday after the breakfast cereal maker cut its outlook for underlying earnings.
The St. Louis, Mo.-based food company reported sales of $633 million for the June quarter, more than double the year-ago period thanks to revenue from acquisitions. It reported a loss of $39.3 million, or 92 cents a share. Adjusted, the loss would have been 30 cents. Analysts were expecting adjusted profit of 27 cents on sales of $628 million.
Symbol: POST
Trailing PE: NA; Forward PE: 21
PEG: 2.51
Dividend: NA
Estimate Trend: NA
Ransom Note Trendline: Avoid Post Holdings
Stock number two: Volcano Corporation
Volcano (VOLC) Posts Strong Q2 Earnings, Guides Low for 2014--Zacks
California-based medical instruments manufacturer Volcano Corporation (VOLC) reported second-quarter 2014 adjusted earnings of a penny per share, substantially ahead of the Zacks Consensus Estimate of loss of 4 cents. However, adjusted earnings experienced a significant year-over-year decline of 66.7% from the prior-year quarter's adjusted tally of 3 cents per share.
However, without these adjustments, the company reported net income $0.3 million or a penny per share, reasonably better than the year-ago net loss of $2. 4 million or loss of 4 cents per share.
Symbol: VOLC
Recommended
Trailing PE: NA; Forward PE: 246
PEG: -6.23
Dividend: NA
Estimate Trend: NA
Ransom Note Trendline: Avoid Volcano
Stock number three: HMS Holdings Corp.
Watch Out: Barbarians At The Gate For HMS Holdings (HMSY).--The Street.com
Trade-Ideas LLC identified HMS Holdings ( HMSY) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified HMS Holdings as such a stock due to the following factors:
- HMSY has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $20.1 million.
- HMSY has traded 337,734 shares today.
- HMSY traded in a range 231.5% of the normal price range with a price range of $1.17.
- HMSY traded above its daily resistance level (quality: 35 days, meaning that the stock is crossing a resistance level set by the last 35 calendar days. The resistance price is defined by the Price - $0.01 at the time of the signal).
Symbol: HMSY
Trailing PE: 51; Forward PE: 25
PEG: 1.68
Dividend: NA
Estimate Trend: Flat
Ransom Note Trendline: Avoid HMS Holdings
Join the conversation as a VIP Member