20.71 +0.04 (0.19%)
After hours: 4:11PM EST
|Bid||20.65 x 800|
|Ask||20.96 x 3000|
|Day's Range||20.63 - 20.84|
|52 Week Range||16.74 - 23.88|
|Beta (5Y Monthly)||0.06|
|PE Ratio (TTM)||11.78|
|Earnings Date||Feb 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.06|
Beyond Meat Inc. stock slipped 2.7% in Tuesday premarket trading after JPMorgan downgraded the plant-based meat company to neutral from overweight on valuation. JPMorgan has a $134 price target on Beyond Meat, down from $138. Shares of Beyond Meat have rallied 18.4% over the past three months, and 65% over the past month. "With a variety of optimistic news stories baked in and the stock outperforming the S&P 500 index by 65% this month, we think it is prudent to head for the sideline once again," analysts wrote. The S&P 500 index has inched up 0.1% over the past month, and has gained 6.7% over the last three months. JPMorgan analysts say they remain confident about the company's growth potential, noting media reports that McDonald's Corp. is expanding its Beyond Meat test to 52 locations on Jan. 14 from 28 in Ontario, Canada. Beyond Meat burgers are also expanding across Denny's Corp. locations nationwide, and Starbucks Corp. says it plans to add more plant-based items to its menu. Beyond Meat stock closed Monday at $124.75.
Denny's said in a press release it's the first restaurant chain in the family dining category to offer a plant-based protein option to its menu. The plant-based option is called the Denny's Beyond Burger and includes a 100% plant-based Beyond Burger patty. "Partnering with Denny's has been a big step in increasing offerings for those looking to introduce plant-based protein into their diets or for alternative choices at their favorite restaurants," said Tim Smith, Beyond Meat's VP of North America Sales, Foodservice.
Arcosa, Deere and Company, McDonald's, Darden Restaurants and Denny's highlighted as Zacks Bull and Bear of the Day
Brinker International's (EAT) second-quarter fiscal 2020 performance is likely to have benefited from various sales-building strategies and increase in comparable sales.
Zacks.com featured highlights include: Post Holdings, Arcosa, Great Lakes Dredge & Dock, Denny's and Match Group
Denny's Corp. said Monday that it's giving away free Beyond Burgers, plant-based burgers made with Beyond Meat Inc. , on January 30 to launch the menu item nationwide. The Beyond Burger will be available at all 1,700 Denny's locations. The giveaway will take place from 11am to 10pm on Thursday. The Beyond Burger is made with All-American sauce, American cheese and a multi-grain bun. Denny's previously gave away free Beyond Burgers on Halloween to commemorate the launch of the item in Los Angeles. Denny's stock s up 17.7% over the past year, but down 2.7% in the past three months. Beyond Meat is up 18.5% over the last three months. And the S&P 500 index has gained 9% for the past three months.
Regular dividend payout and hikes, along with share repurchase, underscore Yum! Brands' (YUM) commitment toward creating shareholder value.
Starbucks' (SBUX) first-quarter fiscal 2020 results are likely to reflect new store additions and robust performance of the Americas and Channel Development segments.
Zacks.com featured highlights include: Denny's, Heico, Oasis Midstream Partners, NV5 Global and Bio-Path
Starbucks (SBUX) aims to become resource positive by storing more carbon than it emits, eliminating waste and providing more clean, freshwater than it uses by 2030.
SPARTANBURG, S.C., Jan. 21, 2020 -- Denny’s Corporation (NASDAQ: DENN), franchisor and operator of one of America's largest franchised full-service restaurant chains, will.
Starbucks Corporation (SBUX) plans to open 100 community stores in underserved communities across the United States by 2025. To this end, it collaborates with United Way.
Restaurant Brands' (QSR) expansion plans, re-modelling initiatives and menu innovation are likely to drive sales. A fully franchised model is likely to sustain earnings growth.
Domino's Pizza (DPZ) riding on robust domestic and international comps growth, solid brand positioning, global expansion, and digitization.
Darden Restaurants' (DRI) Olive Garden plans to debut in Hawaii by opening its first restaurant in Honolulu, which will enable it to expand footprint and improve shareholder returns.
- Company Reiterates 2019 Guidance Expectations for Adjusted EBITDA* - SPARTANBURG, S.C., Jan. 13, 2020 -- Denny’s Corporation (NASDAQ: DENN), franchisor and operator of one.