APRN - Blue Apron Holdings, Inc.
| Previous Close | 7.48 |
| Open | 7.42 |
| Bid | 7.11 x 1800 |
| Ask | 7.99 x 900 |
| Day's Range | 7.04 - 7.62 |
| 52 Week Range | 6.10 - 34.80 |
| Volume | 356,124 |
| Avg. Volume | 1,098,071 |
| Market Cap | 97.49M |
| Beta (3Y Monthly) | 0.96 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -5.45 |
| Earnings Date | Nov 2, 2018 - Nov 5, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 8.40 |
- InvestorPlace
Why Blue Apron Stock Should Remain On Your ‘Sell’ List
Things just refuse to get better for Blue Apron (NYSE:APRN). The meal-kit maker went public in June 2017 at a split-adjusted price of $150. The IPO was a dud. APRN stock never had the honeymoon phase that so many other big growth IPOs have.What happened? In a nutshell, Blue Apron's big growth didn't last long. Over the course of its first few quarters as a publicly held company, Blue Apron went from big grower, to big decliner, and APRN stock followed suit.Today, Blue Apron stock trades hands below $7. That is a 95% plunge in APRN stock over the past 26 months.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNow, not only is Blue Apron stock in free fall, but so is the entire market as the trade war is heating up, global growth is cooling, the yield curve has inverted, and corporate earnings are coming in weaker than expected.At this point in time, investors should reasonably ask themselves "why buy a losing stock in a down market?"Don't. The answer is that simple. Don't buy APRN stock. The reality is that this stock will remain a loser for the foreseeable future, especially if broader markets remain weak. Why Blue Apron Stock Will Remain in a DowntrendAt some point, Blue Apron management could figure things out, and APRN stock could stage a huge turnaround. It remains unclear when that will happen, if ever. As such, so long as turnaround prospects remain bleak and lack visibility, the best thing to do here is to avoid Blue Apron stock. * Stocks Under $7 to Invest in Now Blue Apron went public under the idea that this was the leading company in a secular growth meal-kit market that would ultimately replace grocery shopping at scale. The company's ubiquitous podcast advertising helped fuel that image.That was all smoke and mirrors. Blue Apron isn't the leading company in the meal-kit space. Instead, it's one of several, undifferentiated players. There is very little brand loyalty in this space. If anything, consumers actually trust meal kits from their grocery stores over meal kits from a largely unknown third party like Blue Apron. As such, the purveyor is being squeezed out of an ultra-competitive and way-too-crowded meal-kit space.While the meal-kit market has grown significantly over the past several years, meal-kits don't exactly project as the next big thing in the grocery world. It increasingly appears that in-store meal-kits will just be another convenience item in the grocery world. That's why Packaged Facts expects growth rates in the meal-kit space to decelerate into single-digit territory by 2023.Even further, Blue Apron runs huge losses. In an attempt to improve profitability, Blue Apron has cut down on marketing spend. But, that has resulted in huge customer churn. That lost revenue has added more pressure to cut costs. Not only has Blue Apron been unable to turn a profit, but the outlook for the company to turn a profit is bleak.Net net, Blue Apron is an undifferentiated, unprofitable player in a volatile and niche meal-kit market. That reality ultimately implies that APRN stock will remain in a downtrend for the foreseeable future. Here's When to (Maybe) Buy Blue Apron StockAlthough I'm avoiding Blue Apron stock for the foreseeable future, I also understand that there are circumstances when the shares could stage a big comeback rally. * 7 Safe Dividend Stocks for Investors to Buy Right Now Those circumstances include customer growth and margin improvement at the same time. Blue Apron has not been able to do this yet. Any time the company reports positive customer growth, it's because the company spent more on marketing, and margins were negatively impacted.On the flip-side, any time they report margin improvement, it's because they spent less on marketing, which resulted in huge customer churn.The story at Blue Apron has been dominated customer growth and margin improvement going in opposite directions. All it will take for APRN stock to fly higher is one quarter wherein the two run parallel. At this point in time, it doesn't look like that will happen anytime soon. Customers dropped nearly 40% year-over-year last quarter, and management said that marketing expense rates will likely rise into the back half of 2019.Nonetheless, if Blue Apron somehow pulls a rabbit out of its hat and reports both customer growth and margin improvement in any of the next several several quarters, APRN stock will fly higher. Bottom Line on APRN StockThere is potential for a big turnaround in APRN stock. But, that potential lacks tangibility and clarity at the current moment. So long as the narrative here remains dominated by the idea that Blue Apron cannot simultaneously cut expenses and keep customers - which basically means Blue Apron is a long shot for profitability at scale -- then APRN stock will remain in a downtrend.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post Why Blue Apron Stock Should Remain On Your 'Sell' List appeared first on InvestorPlace.
- Zacks
Timing the Market, Is it Possible? - August 14, 2019
In the long-run, does consistent market timing really matter to be a successful investor?
- Simply Wall St.
How Much Of Blue Apron Holdings, Inc. (NYSE:APRN) Do Insiders Own?
A look at the shareholders of Blue Apron Holdings, Inc. (NYSE:APRN) can tell us which group is most powerful...
- Bloomberg
HelloFresh Nears Zalando-Style Turning Point After First Profit
(Bloomberg) -- Zalando SE lost money for the first five years of its existence, then in 2014 it turned a corner and began posting a profit every year. Evidence suggests meal kit startup HelloFresh SE is following a similar path.The Berlin-based food company is optimistic it can generate a group-wide operating profit this year and sustain and expand profitability in the years to come, Chief Executive Officer Dominik Richter said in an interview on Tuesday. HelloFresh shares rose the most since January in early Frankfurt trading.HelloFresh can “generate much higher profit levels than other e-commerce companies,” because the company controls the entire value chain -- from branded retail to wholesale to logistics, Richter said.The company, which assembles ingredients into boxed meal kits and seeks to convince customers of the benefits of cooking at home, earlier Tuesday reported its first quarterly operating profit, in the April-June period, after sales growth across its markets.The results are “significantly better than what we expected,” Deutsche Bank analysts Nizla Naizer and Silvia Cuneo wrote in a note to clients. They mark “a key turning point for the group in our view.”HelloFresh rose as much as 17.7%, the steepest intraday gain since Jan. 18.The Berlin-based startup is especially strong in the U.S., its biggest market, where it’s surpassed Blue Apron Holdings Inc., expanded its choice of meals, and this week started a special “date night” kit in a marketing partnership with businesswoman and actress Jessica Alba.To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.netTo contact the editors responsible for this story: Rebecca Penty at rpenty@bloomberg.net, Nate LanxonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Motley Fool
Blue Apron Gains Again in Q2, but It's Still Not Good
The meal-kit maker is returning to its failed, old ways even as it plans to remain a smaller company.
- MarketWatch
Blue Apron to end partnership with Walmart’s Jet.com but continue with Weight Watchers
Blue Apron is shifting strategies to focus on demographics and partnerships that target its best customers.
- American City Business Journals
Subway links with Beyond Meat on plant-based meatball sandwich
Sandwich chain Subway is partnering with Beyond Meat to test a plant-based meatball marinara sandwich.
- Motley Fool
Blue Apron's Core Business Is Still Crumbling
The meal-kit maker's latest earnings report indicates the company is not taking the necessary actions to address its issues.
- InvestorPlace
Beyond Meat News: Subway Meatless Meatball Sandwich Is Coming
Beyond Meat news for Wednesday includes a new deal that has its plant-based protein showing up in a classic Subway sandwich.Source: Shutterstock This deal between Beyond Meat (NASDAQ:BYND) and Subway revolves around the Beyond Meatball Marinara sub. This is basically the same Meatball Marinara sub that customers already know, but it changes out the real meat for Beyond Meat.The Beyond Meatball Marinara sub features the Beyond Meatball, of course. It also comes covered in marinara sauce, provolone cheese and grated Parmesan cheese on top. Customers will be getting 24 grams of protein with each six-inch sub.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"Subway appeals to so many fans because we truly offer something for everyone. Our guests want to feel good about what they east and they also want to indulge in new flavors," Subway said in a statement. "With out new plant-based Beyond Meatball Marinara sub, we are giving them the best of both worlds."The Beyond Meat news notes that the new variation on the Meatball Marinara sub will only be around for a limited time. It also will only be coming to 685 Subway locations in the U.S. and Canada. Customers will be able to try out the new offering from Subway and Beyond Meat for themselves when it shows up at those test stores in September. * 10 Stocks to Buy on the Trade War Dip Another recent expansion for Beyond Meat has its Beyond Burger showing up in meal kits from Blue Apron (NYSE:APRN). You can follow this link to learn more about that.BYND stock was up 1% as of noon Wednesday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy on the Trade War Dip * The 5 Highest-Rated Dow Stocks Right Now * 4 Cybersecurity Stocks to Buy for Long-Term Gains As of this writing, William White did not hold a position in any of the aforementioned securities.The post Beyond Meat News: Subway Meatless Meatball Sandwich Is Coming appeared first on InvestorPlace.
- Motley Fool
Blue Apron Outlines Plan to Return to Growth Next Year
Management says it's focusing in on its actual market opportunity, and revenue and customer growth are just a year away.
- TheStreet.com
Blue Apron: How Making Dinner with Friends Launched a Meal Kit Empire
Here's how Blue Apron launched its meal kit empire.
- Yahoo Finance
Companies to Watch: Blue Apron has mixed quarter, Take-Two boosts outlook, Shake Shack and Grubhub reach deal
Blue Apron, Take-Two Interactive, Shake Shack, Grubhub, L Brands, and Barneys are the companies to watch.
- Zacks
Blue Apron (APRN) Reports Q2 Loss, Misses Revenue Estimates
Blue Apron (APRN) delivered earnings and revenue surprises of 45.37% and -14.36%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Benzinga
Blue Apron Reports Mixed Q2 Earnings
Blue Apron Holdings (NYSE: APRN ) reported second-quarter losses of 59 cents per share, which beat the analyst consensus estimate of a $1.08 loss. This is a 247.06% decrease over losses of 17 cents per ...
- MarketWatch
Blue Apron narrows losses
Blue Apron Holdings Inc. reported a second-quarter net loss of $7.7 million, or 59 cents per share, after a loss of $32.8 million, or $2.56 per share, for the same period last year. Revenue totaled $119.2 million, down from $179.6 million last year. The FactSet consensus was for a loss of $1.08 and revenue of $138.0 million. The number of customers has fallen to 449,000 from 717,000 last year, but the average order value has risen to $58.16 from $57.34. Average revenue per customer has also increased to $265 in June 2019 from $250 in June 2018. Blue Apron stock has lost nearly 49% for the year to date while the S&P 500 index has risen 13.5%.
- TheStreet.com
Biggest Earnings Tuesday: Disney, SeaWorld, Blue Apron and More
Ready for another round of earnings? Here are the biggest reports that could shape your trading day Tuesday.
- Yahoo Finance
Disney, Papa John’s earnings — What to know in markets Tuesday
Media behemoth Disney and pizza chain Papa John’s are both scheduled to release quarterly results after the market close Tuesday.
- American City Business Journals
5 positive factors ahead of Blue Apron's Q2 earnings report
The New York company made the right moves in a number of departments, including partnerships with Jet.com and Beyond Meat Inc.
- Zacks
Will Blue Apron (APRN) Report Negative Earnings Next Week? What You Should Know
Blue Apron (APRN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- InvestorPlace
Beyond Meat Earnings Preview: BYND Stock Expectations for Q2
Beyond Meat earnings for the second quarter of 2019 will be coming out later today.Source: Shutterstock The Beyond Meat (NASDAQ:BYND) earnings report for the most recent quarter won't drop until after the bell. However, that doesn't mean we can't take a look at what Wall Street is expecting from the meat alternative company.Starting off the Beyond Meat earnings preview is the losses per share estimate for the quarter. Analysts are looking for the company to report losses per share of 8 cents. The low estimate for the quarter is losses per share of 11 cents per share and the high estimate is losses per share of 4 cents.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoving on with the Beyond Meat earnings preview we come next to revenue expectations for the period. Wall Street is estimating revenue of $52.71 million for the second quarter of 2019. This comes from a low revenue estimate of $45.20 million and a high revenue estimate of $58.00 million. * 7 Semiconductor Stocks to Buy for Your Inner Geek Beyond Meat is a company that focuses on creating alternatives to meat. This includes using plant-based protein in its creations. It recently signed a deal that will have its Beyond Burger coming in meal kits from Blue Apron (NYSE:APRN). These kits will start showing up to customers in August.You can also follow this link for details about how to listen in on the Beyond Meat earnings call for the second quarter of 2019.BYND stock was down 4% as of Monday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Semiconductor Stocks to Buy for Your Inner Geek * 7 Stocks to Buy That Save You Money * 4 Stocks to Sell Now As of this writing, William White did not hold a position in any of the aforementioned securities.The post Beyond Meat Earnings Preview: BYND Stock Expectations for Q2 appeared first on InvestorPlace.
- Zacks
Buy IPO Star Beyond Meat Before Q2 Earnings with BYND Stock At New Highs?
BYND stock has been the hottest IPO in 2019, leaving Uber (UBER) and Lyft (LYFT) in the dust. The question is should investors take a bite of Beyond Meat stock as it continues to capture the interest of Wall Street, consumers, restaurants, and food distributors?
- Yahoo Finance Video
What to watch in the market: Tuesday, August 6th
Yahoo Finance's Myles Udland gives a preview of what will be making headlines on Tuesday, August 6th
