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: Activision Blizzard, Inc.
Activision To Benefit From Destiny Sales-- Benzinga
Activsion is expected to report its third quarter results on November 3 after market close. [Brean Capital] expects the company to earn a non-GAAP earnings per share of $0.12 on $1.0 billion in revenue. The estimates are based on the 8.5 million units of "Destiny" sold in the quarter along with just over two million versions of "Diablo III: Reaper of Souls."
Symbol: ATVI
Trailing PE: 23; Forward PE: 13
PEG: 0.73
Dividend: 1.00%
Estimate Trend: Down
Ransom Note Trendline: Avoid Benzinga
Stock number two: The ExOne Company
Short Sellers Jump Back Into 3D Printing Stocks --24/7 Wall Street
Short interest in The ExOne Co. (NASDAQ: XONE) rose 10.5% to 4.96 million shares, and the days to cover fell to six. About 54.6% of the company’s shares are now short. Shares of ExOne fell about 6.7% in the two-week period and closed at $21.21 on Friday night, down about 65% year to date. The stock’s 52-week range is $16.00 to $70.25.
Symbol: XONE
Trailing PE: NA; Forward PE: NA
PEG: -2.35
Dividend: NA
Estimate Trend: NA
Ransom Note Trendline: Sell ExOne
Stock number three: SodaStream International Ltd.
SodaStream International (SODA) Jumps: Stock Rises 15.4%—Zacks
SodaStream International Ltd. (SODA) was a big mover last session, as the company saw its shares rise over 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $20.34 to $21.51 since Oct 7, 2014.
Symbol: SODA
Trailing PE: 17; Forward PE: 14
PEG: 0.74
Dividend: NA
Estimate Trend: NA
Ransom Note Trendline: Avoid SodaStream