|Bid||81.00 x 1000|
|Ask||87.77 x 100|
|Day's Range||83.73 - 85.66|
|52 Week Range||79.30 - 113.00|
|PE Ratio (TTM)||22.74|
|Earnings Date||May 16, 2018|
|Forward Dividend & Yield||1.60 (1.90%)|
|1y Target Est||105.57|
Jack in the Box (NASDAQ: JACK) has exited the Mexican restaurant business. Of course, the company's namesake chain will still sell tacos, but it has completed its sale of the Qdoba chain. The 700 Qdoba ...
Jack In The Box (JACK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
As of March 19, 2018, Shake Shack (SHAK) was trading at $41.08. On the same day, analysts were expecting the company’s stock price to reach $42.10 in the next 12 months, which represents a return potential of 2.5%. The 2018 revenue guidance provided by Shake Shack’s management during its 4Q17 earnings call was lower than analysts’ expectations, which appears to have compelled them to lower their target price.
With an aim to shift to an asset light business model, Jack in the Box (JACK) finally sells its Qdoba brand to Apollo Global Management.
As Shake Shack (SHAK) is still in the growth phase of its business cycle, expenses will likely be on the higher side and earnings cannot be considered for valuation. The forward EV-to-sales ratio is calculated by dividing the enterprise value with analysts’ sales estimates for the next four quarters. Although the stock price of Shake Shack has increased since the beginning of 2017, the valuation multiple has declined as investors have increased their sales estimates for the next four quarters.
Jack in the Box Inc. today announced completion of an amendment to its existing senior credit facility. The maturity date for both the revolving credit facility and the term loan was extended to March 2020.
Jack in the Box Inc. today announced that it has completed the sale of Qdoba Restaurant Corporation to an affiliate of certain funds managed by affiliates of Apollo Global Management, LLC for approximately $305 million in cash.
In 2017, Shake Shack (SHAK) posted an EBIT (earnings before interest and tax) margin of 9.7% compared to 10.4% in 2016. Shake Shack’s EBIT margins declined due to an increase in labor and related expenses, other operating expenses, and depreciation expenses. Compared to 2016, Shake Shack’s labor and related expenses increased from 25.3% to 26.5% due to the opening of 26 new company-owned restaurants (which will incur higher labor expenses in the first few months of operations), an increase in labor wages, and investments in management teams to support growth.
Analysts are expecting Shake Shack (SHAK) to post revenue of $449.14 million in 2018, which represents growth of 25.2% from $358.8 million in 2017. The revenue growth is expected to be driven by the addition of new restaurants. Shake Shack’s management expects its revenue in 2018 to be in the range of $444 million to $448 million, which represents revenue growth in the range of 23.7%–24.9% from $358.8 million in 2017.
Chipotle Mexican Grill, Inc. (NYSE:CMG) has seen some optimism lately. Chipotle stock has rallied 29% since early February. Of course, that optimism is relative: CMG stock had hit a five-year low before that rally.
Has McDonald’s Stock Price Bottomed Out? In 2018, analysts expect McDonald’s (MCD) to post revenue of $21.1 billion, which represents a fall of 7.7% from its revenue of $22.8 billion in 2017. As part of its optimizing strategy, McDonald’s has been refranchising its company-owned restaurants.
A challenging sales environment and higher cost of operations are limiting Jack in the Box's (JACK) growth prospects. Franchise business model, however, is likely to favor earnings growth.
Moody's Investors Service, ("Moody's") today assigned a B3 rating to Quidditch Acquisition, Inc.'s ("Quidditch") proposed $35 million senior secured revolving credit facility and $203 ...
Jack in the Box Inc. will participate in three upcoming investment conferences. The dates of the presentations are as follows:
As of February 23, 2018, Wendy’s (WEN) was trading at $16.88. Wendy’s announcement that it will expand its delivery service to more restaurants, image activate its old restaurants, and implement technological advancements such as mobile ordering seems to have compelled analysts to raise their target prices. After Wendy’s released its 4Q17 earnings, BMO increased its target price from $17 to $20, and Wells Fargo raised its target price from $16 to $18.
Due to the high visibility of Wendy’s (WEN) earnings, we have opted for the forward PE (price-to-earnings) multiple. A forward PE multiple is calculated by dividing a company’s current stock price with analysts’ EPS (earnings per share) estimates for the next four quarters. The initiatives taken by Wendy’s management to drive SSSG (same-store sales growth), including the expansion of its delivery service, image activation, digital innovations, and the introduction of new menu items, appear to have led to a rise in WEN stock and a higher valuation multiple.