After adjusting for selected items primarily related to the non-cash impact of derivatives (see Selected Item Review and Reconciliation table for additional information), net income was $32.5 million, or $0.07 per diluted share, for the three months ended June 30, 2014.
Some analysts believe that this upsurge reflects investor confidence in the company as it resembles the highly successful Chipotle Mexican Grill, Inc. ( CMG ) and serves Mexican-style food in large portions. Per Motley Fool, its comps were better than Chipotle Mexican Grill in 2012 and 2013. However, serving Mexican-style food cannot be considered a good enough reason to believe that El Pollo Loco can emulate the success of Chipotle Mexican in the long run.
Currently, this Mexican-style grilled chicken restaurant has over 400 locations across 5 states, with majority of them in California. The company opened 7 new stores in 2013 and plans to open up to 16 in 2014. The company intends to expand the number of restaurants in the range of 8% to 10% annually, including both company-owned and franchise-based restaurants. It targets 2,300 U.S. restaurants in the long-term.
The company was recently named as the best-tasting fast food chicken restaurant in the country.
Read more: http://www.nasdaq.com/article/el-pollo-loco-loco-shares-continue-to-soar-after-ipo-analyst-blog-cm374571#ixzz38ug3tPxP
Some investors think this has to be a top, but Cramer points to the prospectus and says El Pollo Loco is doing quite well and has solid numbers. The "crazy chicken" even has comparable sales stores somewhat like Chipotle Mexican Grill (CMG_) and an average unit volume better than Chipotle when that company went public in 2006.
Investors are using Chipotle's 50 multiple and saying El Pollo Loco could earn $1, so they are buying it up to $50. But Cramer says what really matters is the deal was small, as a sliver of the stock was for sale, and all that's happening is a handful of institutions are trying to get their full positions in the stock.
No problem for $35. Not just me, my friends like their foods.
Barclays plc (BCS), in its sell-side analysis, upgraded Petrobras’ rating from a Hold to a Buy, with a target price of $22. The average target price set by analysts is $17.9, which has an upside potential of 4.1%. 10 analysts have rated Petrobras stock a Buy, and eight suggest a Sell. The stock closed at $17.19 yesterday, up 0.7%.
ahoo! Inc (YHOO)
36.12 -0.05 (-0.14%)
Stock Price Prediction (Update at 5:00pm est.)
36.53 - 36.92
36.92 - 37.29
34.93 - 35.3
35.3 - 35.66
35.52 - 36.17
36.17 - 36.8
Technical analysis (as of: 2014-07-25 4:37:59 PM)
Stoxline rating system posted a BUY today, downgraded from strong buy. But this stock still is very strong for long buyers. If you bought, continue to hold stock until SELL signal. You are relatively safe as long as the SELL warning is not issued.
Six months: 42.69 One year: 49.86
Support1: 34.31 Support2: 32.93
Resistance1: 36.55 Resistance2: 42.69
MA(5): 34.78 MA(20): 34.88
MA(100): 35.42 MA(250): 34.86
MACD(12,26): 0.02 Signal(12,26,9): -0.13
%K(14,3): 77.19 %D(3): 53.35
High: 41.72 Low: 26.75 Change(%): 29.3
3-Month: 19983 10-Days 30187
MPEL MELCO CROWN ENTERTAIN ADR REP 3
Last Pattern:BULLISH ENGULFING
Last Close:32.8500 Change:+0.1400 Percent change+0.43% 6 mo.Rating3★$100⇨138.5112 mo.Rating3★$100⇨194.0624 mo.Rating2★$100⇨489.43Signal Update Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed the confirmation level which was at 32.5700, and our valid average buying price stands now at 32.7000. The previous SELL recommendation was issued on 7/7/2014, 18 days ago, when the stock price was 36.2100. Since then MPEL has fallen by -9.69%.Market Outlook Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
DB DEUTSCHE BANK N
Last Pattern:NO PATTERN
Last Close:35.8700 Change:-0.4400 Percent change-1.21% 6 mo.Rating1★$100⇨105.0612 mo.Rating1★$100⇨115.3724 mo.Rating2★$100⇨186.28Signal Update Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 7/24/2014, 1 day ago, when the stock price was 36.1300. Since then DB has fallen by -0.72%.Market Outlook You may relax since our STAY LONG position is secure. The market action does not cast a serious doubt on the wisdom of going long.
AAPL, MSFT, GOOG, BABA, SFTBY and AMZN are all interested in buying out YHOO.
Buy YHOO and sell SFTBY for the reason shown below:
SFTBY Balance Sheet
Total Cash (mrq): 19.34B
Total Cash Per Share (mrq): 8.14
Total Debt (mrq): 86.87B
Total Debt/Equity (mrq): 308.45
Current Ratio (mrq): 1.16
Book Value Per Share (mrq): 8.11
SFTBY has too much debt.