|Bid||82.15 x 1200|
|Ask||84.93 x 1000|
|Day's Range||80.75 - 83.12|
|52 Week Range||79.23 - 110.21|
|PE Ratio (TTM)||22.42|
|Forward Dividend & Yield||1.60 (1.83%)|
|1y Target Est||N/A|
Each of them had some underlying issues of concern in their recent earnings reports.
On the 11 June 2018, Jack in the Box Inc (NASDAQ:JACK) will be paying shareholders an upcoming dividend amount of $0.4 per share. However, investors must have bought the company’sRead More...
Slinging french fries is getting expensive. Jack in the Box Inc. is paying more for potatoes in 2018, executives said on a conference call Thursday after the company reported disappointing quarterly sales. The comments indicate that others in the fast-food industry, such as McDonald’s Corp. and Burger King, may be seeing higher prices for one of their signature items, too.
Following lower-than-expected earnings and sales in second-quarter fiscal 2018, Jack in the Box (JACK) trims its system restaurants comps guidance.
Jack in the Box (JACK) posted its fiscal second-quarter earnings after the market closed on May 16. Its adjusted EPS (earnings per share) came in at $0.80 on revenues of $209.8 million. Its SSSG (same-store sales growth) declined 0.1% during the quarter against analysts’ estimate of positive 0.1%.
Shares of Jack in the Box Inc. fell more than 4% late Wednesday after the fast-food company reported mixed fiscal second-quarter results, with per-share earnings above forecasts and sales below Wall Street expectations. Jack in the Box said it earned $47.6 million, or $1.62 a share, in the quarter, compared with $33.1 million, or $1.06 a share, in the year-ago period. Jack in the Box shares ended the regular session up 1.1%.
The San Diego-based company said it had profit of $1.62 per share. Earnings, adjusted for one-time gains and costs, were 80 cents per share. The results did not meet Wall Street expectations. The average ...
Earnings from Macy's and Cisco, along with housing market data, will be the big highlights for investors on Wednesday after stocks snapped an 8-day winning streak on Tuesday.
Arkansas-based Walmart (WMT) is expected to announce its fiscal first-quarter 2019 results on May 17. Its revenue is expected to grow 2.5% YoY (year-over-year) to $120.4 billion compared to $117.5 billion in its fiscal first-quarter 2018 results. Its EPS (earnings per share) is expected to rise 12% to $1.12 from $1 in its fiscal first quarter of 2018.
Jack in the Box (JACK) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to earnings beat.
On the same day, analysts were expecting the company’s stock price to reach $18.90 in the next 12 months, which represents a return potential of 13.1%. The measures undertaken by the company’s management, such as reimaging restaurants, expanding delivery services, and innovating menus, could have prompted analysts to maintain their target price. Of the 23 analysts who follow Wendy’s, 65.2% are favoring a “buy” and 34.8% are favoring a “hold.” None of the analysts are favoring a “sell” option.
Valuation multiples help investors compare companies with similar business models. We’ve opted for the forward PE (price-to-earnings) multiple due to the high visibility in Wendy’s (WEN) future earnings. Forward PE multiples are calculated by dividing a company’s stock price from analysts’ earnings estimates for the next four quarters.
Wendy’s (WEN) posted EPS (earnings per share) of $0.08 in 1Q18. However, removing special items, the adjusted EPS stood at $0.11, versus analysts’ expectation of $0.10. Compared to 1Q17, the company’s EPS increased 22.2%.
Wendy’s (WEN) posted EBITDA (earnings before interest, tax, depreciation, and amortization) of $90.8 million in 1Q18, which represents an EBITDA margin of 23.9%, compared to 31.4% in 1Q17. However, removing advertising funds revenue, we find that the company’s adjusted EBITDA margin stood at 30.1%.
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Wendy’s (WEN) posted revenue of $380.6 million in 1Q18, which represents a rise of 33.1% from $285.2 million in 1Q17. The company’s 1Q18 revenue outperformed analysts’ revenue estimate of $379.5 million.
As of May 4, Shake Shack (SHAK) was trading at $55.95. Analysts were expecting the company’s stock price to reach $48.90 in the next 12 months, which represents a fall of 12.6% from its current stock price.
As Shake Shack (SHAK) is still in the growth phase of its business cycle, its operating expenses should be high, and earnings per share can’t be considered for its valuation. The strong 1Q18 earnings and raising of 2018 sales guidance by Shake Shack’s management appear to have increased investors’ confidence, leading to a rise in the company’s stock price and its valuation multiple. As of May 4, Shake Shack was trading at a forward EV-to-sales multiple of 4.1x, compared to 3.5x before the announcement of 1Q18 earnings.
Shake Shack (SHAK) posted EPS (earnings per share) of $0.13 in 1Q18. However, removing special and one-time items, the company’s adjusted EPS stood at $0.15, which represents growth of 50% from $0.10 in 1Q18. The company also outperformed analysts’ earnings expectations of $0.08 in 1Q18.
Shake Shack (SHAK) posted EBIT (earnings before interest and tax) of $7.75 million in 1Q18, which represents an EBIT margin of 7.8%. The company’s EBIT margin was at 7.5% in 1Q17. The expansion was driven by lower food and paper costs, occupancy and related expenses, and pre-opening costs.
On May 7, JPMorgan Chase downgraded Shake Shack (SHAK) from “neutral” to “underweight.” However, it raised its 12-month target price from $40 to $49. The new target price represents a fall of 12.8% from its current stock price. JPMorgan Chase managing director John Ivankoe has stated that the recent rise in Shake Shack’s stock price and valuation has been overstretched.