Bullish Potential Perspective: El Pollo Loco (LOCO), Golar (GLNG), Habit (HABT), Qunar (QUNR), Ctrip (CTRP)
Shares of El Pollo Loco Holdings, Inc. (LOCO) climbed $1.08 (or +8.56%) to $13.70 on Friday's trading session after investment analysts at Stifel Nicolaus upgraded the company's stock from Hold to Buy with a price target of $17.00.
El Pollo Locorecently reported revenue of $89.5 million and non-GAAP net income of $7.4 million, or $0.19 per diluted share for its second quarter ended July 1, 2015.
El Pollo Loco Holdings, Inc. (LOCO) develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name in the United States. El Pollo Loco is a differentiated and growing restaurant concept that specializes in fire-grilling citrus-marinated chicken in front of its customers.
Golar LNG Ltd. (GLNG) shares jumped $2.42 (or +6.65%) to $38.82 on Friday's market activity.
Brokerage firm Stifel Nicolaus upgraded the company's stock from Hold to Buy with a price target of $45.00
For the second quarter 2015, Golar LNG generated a net loss of $0.2 million, driven by a poor operating result substantially offset by significant non-cash financial gains linked to mark to market valuation of interest rate and Total Return Swaps. The company's Board decided to maintain the dividend at $0.45 per share for the period, payable on or about September 25, 2015, to shareholders of record as of September 10, 2015
Golar LNG Ltd. (GLNG), a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, liquefaction, and trading of LNG.
Stifel Nicolaus upgraded shares of The Habit Restaurants, Inc. (HABT) from Hold to Buy with a price target of $35.00. HABT stock surged $1.57 (or +6.44%) to $25.96 on Friday
The Habit Restaurants delivered second quarter 2015 revenue of $56.7 million, a 36.6% increase year over year, and non-GAAP net income of $2.3 million, or $0.09 per fully distributed weighted average share for the period.
The Habit Burger Grill is a fast casual restaurant concept that specializes in preparing fresh, made-to-order char-grilled burgers and sandwiches featuring USDA choice tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame.
Qunar Cayman Islands Limited (QUNR) closed at $34.43 per share, up $0.64 (or +1.89%) on Friday. Stifel Nicolaus upgraded the company's stock from Hold to Buy with a price target of $44.00
Qunar reported revenues for the second quarter 2015 of RMB881.0 million (US$142.1 million), an increase of 120.0% year-on-year. For the third quarter of 2015, Qunar expects year-on-year revenue growth in the estimated range of 140% to 145% and year-on-year growth of gross profit in the estimated range of 105% to 110%
Qunar Cayman Islands Limited (QUNR) is China's leading mobile and online travel platform.
Stifel Nicolaus also upgraded Ctrip.com International Ltd. (CTRP) shares from Hold to Buy with a price target of $88.00
For the second quarter 2015, Ctrip posted net revenues of RMB2.53 billion (US$408 million), up 47% year-on-year, and non-GAAP net income of RMB296 million (US$48 million), or diluted earnings per ADS of RMB1.86 (US$0.30), compared to non-GAAP net income of RMB246 million (US$40 million) in the same period the prior year
Ctrip.com International Ltd. (CTRP) is a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in China.
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