Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.
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Stock number one: US Ecology, Inc.
US Ecology Set to Join the S&P SmallCap 600-- PR Newswire
US Ecology Inc. (ECOL) will replace Measurement Specialties Inc. (MEAS) in the S&P SmallCap 600 after the close of trading on Monday, October 13. S&P 500 constituent TE Connectivity Ltd. (TEL) is acquiring Measurement Specialties in a deal expected to be completed soon.
Symbol: ECOL
Trailing PE: 26; Forward PE: 22
PEG: 2.36
Dividend: 1.70%
Estimate Trend: NA
Ransom Note Trendline: Sell US Ecology
Stock number two: DAVE AND BUSTER'S ENTERTAINMENT, INC.
Dave & Buster's Surge In Debut--Investor's Business Daily
Dave & Buster's (NASDAQ:PLAY) also priced late Thursday, raising $94 million after offering about 5.9 million shares for 16 each, the low end of the expected range of 16-18. The company operates 70 casual dining and large-game venues in North America, where customers can "eat, drink, play and watch." For the 16 weeks ended Aug. 3, the company reported revenue of $376.2 million, up 17%, and a net loss of $2.4 million.
Symbol: PLAY
Trailing PE: NA; Forward PE: NA
PEG: NA
Dividend: NA
Estimate Trend: NA
Ransom Note Trendline: Avoid Dave & Buster’s
Stock number three: Digital River Inc.
Digital River Sets Date and Time for Third Quarter 2014 Earnings Release--Business Wire
Digital River, Inc. (NASDAQ: DRIV), a leading global provider of Commerce-as-a-Service solutions, announced that it plans to release third quarter 2014 financial results after the close of regular market trading on Wednesday, Oct. 29, 2014.
Symbol: DRIV
Trailing PE: NA; Forward PE: 31
PEG: 3.67
Dividend: NA
Estimate Trend: NA
Ransom Note Trendline: Avoid Digital River