HomeAway Hits High; Sell the High

John Ransom | February 21, 2014 10:13 AM

Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines:

Stock number one: Conns Inc.

Conn's plunges after cutting profit forecasts for this year and next--Fly on the Wall

Shares of Conn's (CONN), a retailer of electronics, appliances, furniture and other home goods that also provides consumer credit to support purchases, are plunging after the company issued weaker than expect fourth quarter earnings guidance and lowered its fiscal 2014 and 2015 profit forecasts. WHAT'S NEW: This morning, Conn's forecast fourth quarter adjusted EPS of 75c-80c, far below expectations of 93c. The company also lowered its FY14 adjusted EPS view

Symbol: CONN

Trailing PE -17; Forward PE: 10

PEG: 0.90

Dividend: NA

Estimate Trend: Flat

Ransom Note Trendline: Sell Conns

CONN data by YCharts

Stock number two: HomeAway

HomeAway Q4 Results Affirm Upbeat Online Travel Trend- Investor's Business Daily

HomeAway (AWAY) stock hit an all-time high Thursday after the online vacation home rental company late Wednesday reported Q4 earnings ahead of expectations and raised its Q1 guidance.

HomeAway revenue rose 26% from the year-earlier quarter to $90.3 million, its biggest gain in two years, beating views of $87.5 million. But HomeAway earned 8 cents a share, missing consensus estimates of 14 cents, as IBD reported. The results included an unspecified one-time expense related to its $200 million acquisition of Australia-based Stayz Group.

The company reported fourth-quarter revenue of $50.6 million, up from $48.2 million in the same period a year earlier. Goodrich posted a loss of 73 cents a share for the fourth quarter. Analysts surveyed by Thomson Reuters expected a loss of 48 cents a share on revenue of $62.4 million during the period.

Symbol: GDP

Trailing PE: NA; Forward PE: NA

PEG:

Dividend: NA

Estimate Trend: Up

Ransom Note Trendline: Sell Goodrich Petroleum Corp