|Bid||208.65 x 800|
|Ask||208.60 x 1200|
|Day's Range||206.73 - 209.05|
|52 Week Range||166.19 - 221.93|
|Beta (3Y Monthly)||0.33|
|PE Ratio (TTM)||27.38|
|Earnings Date||Oct 22, 2019|
|Forward Dividend & Yield||5.00 (2.40%)|
|1y Target Est||232.44|
Earnings season kicks into high gear in the coming week. McDonald's is likely to post an increase in third-quarter profits and sales. Investors will also be looking for word on how McDonald's hopes to capitalize on two recent trends - the chicken sandwich craze and the demand for meat-alternative burgers. In September, McDonald's started testing a Beyond Meat plant-based burger in Canada. Mickey D's results come out on Tuesday. On Wednesday, Caterpillar - another global economic bellwether is due to report. Not only is it coping with a sluggish global economy - its business is being negatively impacted by the steel and aluminum tariffs slapped on by the Trump administration. Morgan Stanley downgraded the stock heading into the results, citing what it called deterioration in Caterpillar's three key end-markets: construction, energy and transportation, and resources. Fresh off allegations from the Federal Aviation Administration that Boeing employees may have misled about the safety of the now grounded 737MAX before two deadly plane crashes, Boeing reports results. This will also be the first time investors hear from CEO Dennis Muilenberg since he was stripped of his chairman title. Rounding out some other key results: Microsoft reports on Wednesday, followed by Amazon on Thursday. On the economic front: Updates on sales of new and previously owned homes. And investors get preliminary manufacturing survey data for October. Wall Street is looking for signs to see if the first contraction in U.S. factory activity in three years was a one-month blip or continued into October.
Yahoo Finance's Julie Hyman, Heidi Chung, restaurateur Ravi Derossi and chef, Josh Capon do a taste test to find the best plant-based meat burger on the market.
Dow component Coca-Cola is trading less than a point under September's all-time high after earnings, adding to impressive 2019 returns.
The alternative-meat industry could be entering a new phase where bullish Beyond Meat investors have to digest wins from new rivals.
Yum! Brands (NYSE:YUM) remains in an expensive technology arms race against McDonald's (NYSE:MCD) and Starbucks (NASDAQ:SBUX). It's also in an expensive creativity race with Restaurant Brands International (NYSE:QSR).Source: JHVEPhoto / Shutterstock.com Consumers, however, are reading a different story. They're reading that Yum! unit Taco Bell recalled 2.3 million pounds of seasoned beef over possible contamination. It reminded some of a decade-old battle over whether there was much meat in the tacos at all.People are chuckling over that debate with their lattes this morning. For investors, that story is a classic nothingburger. But if it reminds you of how Yum! has scored a 21% gain so far in 2019, it's going to be tasty.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Tech RaceThis week Yum! spirited away Walmart (NYSE:WMT) Chief Information Officer Clay Johnson, naming him chief digital and chief technology officer.Johnson was recently named CIO of the Year by CIO Dive. He has a reputation for "a maniacal focus on cost" and being "a good coach for his team." At Yum! he will be working alongside Chief Strategy Officer Gavin Felder. Felder had been chief financial officer for the KFC unit. The duo's charge is to integrate technology across all operations and automate the restaurants. * The 7 Best Penny Stocks to Buy It's going to be an uphill climb. Starbucks began the automation trend early in this decade. McDonald's got a shout-out during the recent Democratic debate for getting rid of cashiers.McDonald's has also been increasing its presence in Silicon Valley. It bought Dynamic Yield to automate its drive-thru menus based on weather, traffic and time of day. It is buying Apprente for its voice ordering technology. The company has also bought a piece of Plexure, a mobile app vendor. The Yum! Brands Menu RaceThen there's the menu race. This went into overdrive when Restaurant Brands' Popeyes unit pushed out a chicken sandwich to match that of privately held Chick-fil-A. Restaurant Brands also brought Impossible Foods' burgers to its Burger King units.Yum! has responded with a successful test of faux chicken at a Georgia KFC unit, alongside Beyond Meat (NASDAQ:BYND).The strategy is to move alongside other brands, as in 2012's Doritos Locos Taco at Taco Bell -- Doritos is part of PepsiCo (NASDAQ:PEP). Now Pizza Hut is rolling out a "Cheez-It" pizza, a calzone made with the Kellogg's (NYSE:K) snack cracker. Via KFC, Yum! Brands is also launching a "Doughnut Sandwich," a riff on chicken and waffles.This creativity extends to grocery stores, where Taco Bell will soon sell chips made with cheddar cheese. The idea of making cheese into chips has been around a while. (Try making them with mounds of good ground Parmesan, on a silicone mat, in the oven for 6 minutes at 400 degrees). Taco Bell already sells a variety of chips in convenience stores. The new crackers will be a follow-on to its toasted cheddar chalupa, with cheese baked into the taco shell. Buy YUM Stock LaterWith its current gains YUM is selling at a trailing price-to-earnings ratio of 26.3. The 42 cent per share dividend yields just 1.5%. That's expensive. The one-year price target for analysts is just $120 per share, $8 higher than its Oct. 17 opening price.Adding technology and rolling out new menu items is going to cost money, which is why some analysts think the shares should be avoided. But both tech and menu creativity get a big reward from customers, who have tired of the same old thing. Improving fast food's technology is especially valuable because it locks customers into the brand while lowering overall costs.If you're in your 30s and can wait for a return, then YUM stock should be on your radar, at least as a means of diversification. Put it on your list, wait for your opening and buy a few days after everyone screams "sell."Dana Blankenhorn is a financial and technology journalist. He is the author of the historical mystery romance The Reluctant Detective Travels in Time available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in QSR. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Penny Stocks to Buy * 7 Bank Stocks to Avoid Now at All Costs * The 10 Best Mutual Funds for Your 401k The post The Fast Food Arms Race Makes Yum! Brands Stock Look Extra Tasty appeared first on InvestorPlace.
Shares of Chipotle have skyrocketed over 90% in 2019. Now with Chipotle set to release its Q3 2019 financial results on Tuesday, October 22, let's dive into some estimates and fundamentals to see if investors should consider buying CMG stock right now...
Veggie burgers are buzzy, from the Impossible Whopper to Beyond Meat's stock surge. But which tastes the best? We assembled an all-star team to find out.
A technical analyst should view charts without any preconceived notions. People have a tendency to see what they want to see, and a technical trader must be careful to avoid this trap. When I began my financial career, my boss insisted that his team stay after the market close and view all the charts contained in the S&P 500 several times per week.
The Dow Jones industrials surged about 400 points in today's stock market on rising China trade hopes. Apple stock hit a record high.
Keurig (KDP) gains from acquisition and partnership strategy as well as efforts to launch innovative products and enhance supply-chain facilities. This should support growth.
By 2050, fewer than one-third of metro Atlanta’s residents will be white, the Atlanta Regional Commission reported Oct. 10.
The financial regulations require hedge funds and wealthy investors that crossed the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]