|Bid||46.01 x 900|
|Ask||47.54 x 800|
|Day's Range||46.62 - 47.66|
|52 Week Range||38.05 - 64.18|
|Beta (3Y Monthly)||0.57|
|PE Ratio (TTM)||942.60|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||0.90 (1.90%)|
|1y Target Est||50.00|
Mizuho Downgrades Yum! Brands from 'Neutral' to 'Underperform'Yum! Brands’ downgrade Mizuho downgraded Yum! Brands (YUM) from “neutral” to “underperform” while keeping its 12-month price unchanged at $84, which represents a fall of 15.4%
Domino’s Stock Rises after J.P. Morgan’s UpgradeThe upgrade Today, J.P. Morgan upgraded Domino’s Pizza (DPZ) from “neutral” to “overweight” while keeping its 12-month price target at $270. Of the 22 analysts who cover Domino’s
It used to be that pizza was one of the only meals diners could have delivered. But thanks to technology and enterprising delivery companies, seemingly every cuisine is now available for consumption at home. Prominent chains like Domino’s, Pizza Hut, and Papa John’s have always handled delivery operations in-house. That is until Pizza Hut and […]
Papa John’s is getting more help in the midst of its turnaround in the form of two digitally savvy board members. The pizza chain announced on Thursday that two new members will be joining the company’s board: Jocelyn Mangan, a former executive at OpenTable and Snagajob and founder and CEO of Him For Her, as well […]
The new directors are Michael Dubin, CEO and Founder of Dollar Shave Club, and Jocelyn Mangan, CEO and Founder of Him For Her and a former executive at Snagajob and OpenTable. "Michael has a strong record of building innovative consumer brands and deep marketing and business operations expertise," Jeff Smith, chairman of the Papa John's board, said in a news release.
The company named Michael Dubin, chief executive officer of Dollar Shave Club, and Jocelyn Mangan, chief executive director of social enterprise Him for Her, as the new directors. Schnatter, who owns about 30 percent of the company's shares, had agreed to leave the company's board if an independent director was appointed before the annual stockholder meeting slated for May.
Papa John’s International, Inc. (PZZA) today announced that Michael Dubin, CEO and Founder of Dollar Shave Club, and Jocelyn Mangan, CEO and Founder of Him For Her and a former executive at Snagajob and OpenTable, have been appointed to the Company’s Board of Directors as new independent directors. “We are pleased to welcome Michael and Jocelyn to the Papa John’s Board,” said Jeff Smith, Chairman of the Papa John’s Board of Directors.
Papa John’s Partners with DoorDash for DeliveryThe announcementOn March 13, Papa John’s (PZZA) announced it had formed a national partnership with DoorDash for delivery service at more than 1,400 of its restaurants. To celebrate the partnership,
“This partnership extends our continued commitment to meet customers wherever they are and provide simple, easy ordering for guests in addition to our own world-class Papa John’s mobile app,” Anne Fischer, SVP of Customer Experience, said. “More than 60 percent of Papa John’s transactions occur online. “Quality is part of Papa John’s foundation, which is why we’re proud to partner with their stores to bring that same level of care to the door-to-door experience,” said Toby Espinosa, DoorDash’s Head of Business Development.
Papa John's International Inc. has launched a foundation to support communities that work together for equality, fairness, respect and opportunity for all. The first grant from the Papa John's Foundation for Building Community is to Bennett College, in Greensboro, N.C. The private, historically black liberal arts college for women received a gift of $500,000 and advertising expenditures to support #StandwithBennett, a campaign to help the school retain its accreditation from the Southern Association of Colleges and Schools Commission on Colleges. Other initial grantees are the Boys & Girls Clubs of America, Lean Into Louisville and the Association of American Colleges & Universities, according to a news release.
Today at Bennett College, Papa John’s International (PZZA) announced the official launch of its foundation, The Papa John’s Foundation for Building Community, to support communities as they work together for equality, fairness, respect and opportunity for all. Bennett College was the first recipient of a grant from the Foundation, with a gift of $500,000 and advertising expenditures to support #StandwithBennett.
Papa John's International Inc operates and franchises pizza delivery and carryout restaurants activities. The company also operates dine-in and delivery restaurants under the trademark "Papa John's". The dividend yield of Papa John's International Inc stocks is 2.02%.
With Papa John’s founder John Schnatter on his way off of the company’s board, Papa John’s path back to positive store sales will rely on a new marketing strategy, according to CEO Steve Ritchie. On Tuesday, the fourth-largest pizza chain by net sales, announced a settlement with its former chairman in which Schnatter will help […]
Is There More Upside to Papa John’s Stock Price?(Continued from Prior Part)Analysts’ expectations For 2019, Papa John’s (PZZA) management has set an EPS guidance of $0–$0.50. However, removing special items, the company expects the adjusted
Is There More Upside to Papa John’s Stock Price?(Continued from Prior Part)Analysts’ expectationsFor 2019, analysts expect Papa John’s (PZZA) to post revenues of $1.52 billion—a fall of 3.6% from $1.57 billion in 2018. In 2019, the
Is There More Upside to Papa John’s Stock Price?(Continued from Prior Part)Valuation multipleThe optimism surrounding Papa John’s (PZZA) initiatives to drive its sales appears to have increased investors’ confidence, which led to a rise in the
Is There More Upside to Papa John’s Stock Price?Stock performance As of March 5, Papa John’s (PZZA) was trading at $45.56—a rise of 9% since the announcement of its fourth-quarter earnings on February 26. The company was trading 19.7% higher
Once a high-flying stock, GrubHub (NYSE:GRUB) has suffered in the last year. GRUB benefitted from its first-mover status as restaurants all over the country signed onto its food delivery service. However, increased competition has hurt profits. GrubHub stock lost about half of its value as profits fell despite impressive revenue increases.Source: Shutterstock GrubHub faces further pressure as DoorDash and UberEats parent Uber make plans to sell stock on the major exchanges. However, these competitor moves have ironically made GRUB a buy. * 9 Trade War Stocks to Sell on U.S.-China Deal News GrubHub's RevolutionSince its 2014 IPO, GrubHub stock has been the only equity in the delivery space to trade on a public exchange. Now, with an upcoming IPO from both DoorDash and Uber, GRUB stock will face competition in the markets.InvestorPlace - Stock Market News, Stock Advice & Trading TipsGrubHub prospered for years by democratizing food delivery. Before GRUB, pizza companies such as Domino's (NYSE:DPZ) or Papa John's (NASDAQ:PZZA) made up most of the food delivery business. Thanks to GrubHub, this expanded to the likes of McDonald's (NYSE:MCD), Chipotle (NYSE:CMG), and every other restaurant imaginable, including family-owned establishments. Today, GrubHub serves more than 80,000 restaurants in over 1,600 cities across the U.S. New CompetitionNow, competitors have entered the market, and profits have fallen despite massive revenue increases. The $1.0 billion in revenue for 2018 represented a 47% increase from 2017 when the company brought in $683.1 million. Despite this increase, profits fell by 21%. Moreover, the company missed both earnings and revenue estimates in the fourth quarter.Peers have also taken market share amid the falling profits. However, GrubHub maintains its lead position. GrubHub held a 43% market share in deliveries. This compares to 31% for DoorDash and 26% for UberEats.Now, this battle moves to the stock market. With these peers launching IPOs, the competition now will likely have a more direct effect on GRUB stock. Of its peers, DoorDash may constitute a more significant threat. DoorDash has seen the largest market share increases. Moreover, the latest round of fundraising values DoorDash at $7.1 billion, the approximate market cap of GrubHub stock. DoorDash IPO and GrubHub StockHowever, this may signify an opportunity in GRUB stock. Despite the market cap parity, GRUB offers more value with its larger market share. Moreover, GrubHub has managed to turn a profit since the beginning. Conversely, DoorDash CEO Tony Xu says the company will delay profitability to focus on growth.Also, once the DoorDash IPO hype calms down, the profit factor favors GrubHub stock. After its stock starts to trade, DoorDash could turn to dilution and devalue its stock to fund its push for more market share. Investors will less likely face this concern in the profitable, more established GrubHub.Furthermore, with industry expansion in high gear, all food delivery companies, including GRUB, will see high growth rates. Increased competition hurt GrubHub in 2018 and this year. However, in 2020, analysts expect double-digit earnings increases to return. Wall Street expects profits to rise by 57.4% in 2020. They also see average earnings increases of 24.7% per year over the next five years.The price-to-earnings (PE) ratio now stands at about 92.2. Given this metric, one can understand why investors sold off GrubHub as profits have fallen. However, when looking at forward earnings, the multiple drops to around 35.3. This multiple appears reasonable when compared to GRUB's predicted growth rates. Final Thoughts on GrubHub StockThe fear inspired by DoorDash gives investors a reason to bite into GRUB stock. Yes, both GrubHub and its stock have suffered as peers continue to take market share. Still, with massive revenue increases in the overall industry, GRUB should continue to benefit from its industry's high growth rate.In the March 4 trading session, GrubHub fell by about 7% on no news. I think the upcoming DoorDash IPO has driven this drop, and I see the decline as a buying opportunity.I expect DoorDash will become GrubHub's principal competitor and its only pure peer in the stock market. Still, DoorDash's faster growth will come at a cost to the balance sheet, and perhaps DoorDash stock itself. With fewer risks and a high rate of profit increases, I see GrubHub stock as the safer and, longer-term, more profitable bet.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Blue-Chip Stocks That Will Lose You Money * 7 Cheap Stocks Under $5 That Could Soar * 7 Stocks Under $10 You Shouldn't Buy Compare Brokers The post GrubHub Stock Will Benefit from Increased Competition appeared first on InvestorPlace.
Papa John's (PZZA) founder John Schnatter agrees to step down from the board. Notably, Schnatter owns 31% of the company's shares.