|Bid||180.96 x 1200|
|Ask||181.07 x 800|
|Day's Range||180.50 - 182.43|
|52 Week Range||146.84 - 190.88|
|Beta (3Y Monthly)||0.21|
|PE Ratio (TTM)||27.46|
|Forward Dividend & Yield||4.64 (2.53%)|
|1y Target Est||N/A|
Jack in the Box (JACK) is exploring a range of strategic and financing alternatives. However, no deadline has been set for the completion of this process.
Chick-fil-A is poised to overtake the competition and move closer to the top U.S. sales spot currently held by McDonald’s.
Jack In The Box stock popped up after the firm confirmed that it is exploring a potential sale amid a wave of restaurant takeovers in the past year.
Today, Jack in the Box’s (JACK) management announced that it is evaluating all possible strategic and financing alternatives to maximize shareholder value, which includes the sale of the company or going ahead with its previously announced plan of raising its leverage. During the same period, peers Wendy’s (WEN) and McDonald’s (MCD) have returned 1.8% and 6.5%, respectively.
Coca-Cola (NYSE:KO) stock fell slightly following an analyst rating change. A recent purchase of a large coffee chain adds another beverage category for KO stock. Citing the “change in the air,” UBS downgraded Coca-Cola stock from “buy” to”neutral.” Interestingly, this downgrade includes an upgrade of sorts.
At 88, Warren Buffett 's white hair, bushy eyebrows and aw-shucks grin hardly make for an intimidating visage. Buffett is worth $82.5 billion , according to Forbes , making him the third richest person alive (behind Amazon AMZN founder Jeff Bezos and his friend and Microsoft MSFT co-founder, Bill Gates . "Now if they think they can dance in and out [of the market] and buy and sell stocks, they ought to head for Las Vegas.
Or so investors have come to believe in recent months as markets tumbled on concerns about slowing economic growth. While market growth darlings like Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), and Nvidia (NASDAQ:NVDA) have been knocked down since October, defensive names like McDonald’s (NYSE:MCD), Coca-Cola (NYSE:KO), and Proctor & Gamble (NYSE:PG) have soared to all-time highs. In particular, I’m worried about one headline name in that group that looks due for a pullback: PG stock.
Your stocks to watch this week are top growth stocks in the restaurant group: Starbucks stock, McDonald's stock, Wingstop stock, Chipotle and Yum Brands.
Some of the biggest names in fast food are rolling out new menu items to win over customers. Yahoo Finance’s Alexis Christoforous and Brian Sozzi dig into the options.