|Bid||628.20 x 0|
|Ask||628.60 x 0|
|Day's Range||618.80 - 630.60|
|52 Week Range||519.20 - 889.40|
|Beta (3Y Monthly)||1.44|
|PE Ratio (TTM)||51.75|
|Earnings Date||Jul 31, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||868.56|
Today we'll evaluate Just Eat plc (LON:JE.) to determine whether it could have potential as an investment idea. In...
The FTSE 100 lost 0.1%, but still bagged weekly gains after a turbulent few sessions largely dominated by global trade relations. The FTSE 250 slipped 0.2%. Online takeaway service Just Eat tumbled 8.2%, its steepest one-day decline in more than a year, after rival Deliveroo said it had gained Amazon's backing in a $575 million funding round.
European stocks snapped a three-day winning streak on Friday amid global trade jitters after Beijing ratcheted up its war of words with Washington, while the end of Brexit talks between British political ...
Amazon has taken a stake in British online food delivery company Deliveroo, leading a $575 million fundraising to pit itself against Uber Eats in the global race to dominate the market for takeaway meals. The news the world's biggest online retailer had bought into one of Europe's fastest growing tech companies sent shockwaves through the sector, hitting shares in European rivals Just Eat, Takeaway.com and Delivery Hero. Deliveroo founder and CEO Will Shu said the fundraising would enable the loss-making group to increase its reach, develop technology and pursue innovations such as expanding its own kitchens that can be rented to restaurants to meet demand.
European shares dropped on Friday after three days of gains, as Beijing ratcheted up its war of words with Washington over trade, weighing on risk appetite. The pan-European STOXX 600 index was down 0.7% by 0720 GMT, though it was still looking at its best weekly performance since in 1-1/2 months. The Communist Party's People's Daily used a front page commentary to say the trade war would never bring China down, after telecoms equipment giant Huawei Technologies Co Ltd was put on a U.S. blacklist.
By Muvija M and Shashwat Awasthi (Reuters) - UK blue-chip stocks rose slightly on Friday, recouping the session's losses as mining stocks gave investors something to cheer about at the end of a largely ...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Just...
The FTSE 100 ended 0.4 percent lower and the more domestically-focused FTSE 250 inched down 0.1 percent. Shell shed 1.4 percent to a month low and BP gave up 2.1 percent, as crude prices weakened after U.S. oil inventories rose more-than-expected with output reaching a new record of 12.3 million barrels per day. As sterling rose to multi-week highs with lingering hopes of progress in cross-party Brexit talks and ahead of Bank of England interest rate meeting on Thursday, exporter companies bore the brunt as much of their revenue is earned in dollars.
Both the FTSE 100 and the FTSE 250 ended 0.1 percent lower, although the blue-chips trimmed losses after data showed U.S. economic growth accelerated in the first quarter. Mining company Glencore fell 3.3 percent after saying that the U.S. Commodity Futures Trading Commission was investigating possible "corrupt practices" that may have broke some rules. Royal Bank of Scotland skidded 4 percent, its biggest fall in nearly five months, as it reported lower first-quarter profit that was hurt by intensifying competition and Brexit uncertainty.
British online takeaway service Just Eat said on Friday that the pace of order growth in its home market slowed in the first three months of the year, prompting activist shareholder Cat Rock to step up its campaign for changes at the company. The firm said UK orders increased 7.4 percent to 31.9 million over the three months to March 31 - a slowdown from growth of 13 percent in the fourth quarter of 2018. Just Eat said UK growth was impacted by a strong comparative number, unseasonably warm weather in February, and the Easter holiday falling in the second quarter this year.
Just Eat’s U.K. revenue increased 28 percent year-on-year over the first quarter, with its main U.K. orders growing just 7.4 percent. The company still expects full year revenue of between 1 billion to 1.1 billion pounds ($1.29 billion to $1.4 billion), which matched estimates according to data compiled by Bloomberg. Just Eat rejoined the FTSE 100 this year, but the company is battling against a growing Uber Eats, which is planning to launch a rival marketplace platform in the U.K., following Deliveroo’s entry in mid-2018.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. To keep the lesson grounded in practicality, we'l...
By Shashwat Awasthi and Yadarisa Shabong (Reuters) - Financial stocks and housebuilders slipped after British Prime Minister Theresa May asked the European Union to delay Brexit and caused the FTSE 100 ...
The FTSE 100 gained for the fourth straight session and closed 0.2 percent higher, while the FTSE 250 was 0.4 percent lower as a weaker pound weighed. British American Tobacco advanced 5.2 percent to a near four-month high and Imperial Brands rose 1.3 percent after U.S. FDA Commissioner Gottlieb, who strove to curb use of flavoured e-cigarettes, said he would step down next month.
Online takeaway service Just Eat Plc said it was confident it could see off the threat from newer rivals Uber Eats and Deliveroo, and expected its own delivery service to become profitable after investment peaks this year. The company, which took its 500 millionth order in Britain last month on its platform of 30,000 independent takeaways, expanded its delivery service with investment of 50 million pounds in 2018. Interim CEO Peter Duffy, who stepped into the role after Peter Plumb abruptly left in January, said the group's Canadian business, which broke even in the last quarter, showed there was "a clear path to profitability" for home delivery.
(Reuters) - British blue-chip shares fell on Thursday after downbeat reports from energy supplier Centrica and defence company BAE Systems, while a stronger pound weighed on multinational healthcare and ...
Cat Rock Capital, which has stakes in both Just Eat and Dutch-listed Takeaway.com, said Just Eat could generate "significant value" by negotiating a merger. "We have been particularly encouraged to hear that several other Just Eat shareholders have written to the Board...that it should be actively engaging in merger discussions with well-run industry peers," Cat Rock said. A week ago, the activist investor had urged Just Eat to pursue merger talks with a peer such as Takeaway.com, saying it did not trust the board to get the appointment of a new CEO right.
Cat Rock Capital Management, a U.S.-based investment firm, has told Just Eat plc (a U.K.-based food delivery service) to merge with another food delivery service. BusinessWire reported that Cat Rock explained in an open letter that Just Eat needs new management that would come from a merger. Just Eat is an online food order and delivery service.
Overseas, gains on Wall Street were led by industrial companies as a new round of talks between the United States and China piqued hopes for a trade deal. Travel group TUI's London-listed shares advanced 5 percent to top the FTSE 100 leader-board as traders cited Bank of America Merrill Lynch resuming coverage with a "Buy" rating. Imperial Brands was 2 percent higher after the tobacco group said its non-executive chairman Mark Williamson would step down.
European shares bounced back on Monday as new-found optimism among investors about the new round of trade talks between Beijing and Washington lifted bourses from one-week lows. Analysts cautioned that sentiment about the trade talks was volatile and that a favourable outcome was by no means a done deal. "As U.S.–Sino trade talks begin in Beijing we are once again seeing the markets adopt an all too familiar optimistic stance", wrote market City Index analyst Fiona Cincotta.
The Greenwich, Connecticut-based investment firm sent an open letter to Just Eat’s board of directors saying it made a mistake in appointing Peter Plumb as CEO in 2017. “You basically have a situation where you can get a world-class CEO and delivery capabilities, while also potentially securing a premium valuation for shareholders,” Alex Captain, founder of Cat Rock, said in a phone interview. Plumb stepped down last month, and Cat Rock said Just Eat has ignored two suggestions of potential replacements who have experience in online food delivery.
Cat Rock Capital, which has stakes in both Just Eat and Dutch-listed Takeaway.com, said Just Eat was likely to attract significant interest from potential partners if it chose to seek a deal as a route to strong management and growth. Cat Rock's statement comes only three weeks after Just Eat CEO Peter Plumb left the company in the wake of criticism from Cat Rock and some other shareholders about his plan to grow earnings. Peter Duffy, who joined Just East as chief customer officer last June, has been appointed as interim CEO but Cat Rock said he too lacked relevant experience in the food delivery industry.