|Bid||68.40 x 1400|
|Ask||68.43 x 800|
|Day's Range||68.13 - 69.25|
|52 Week Range||50.20 - 69.25|
|Beta (3Y Monthly)||1.12|
|PE Ratio (TTM)||29.13|
|Forward Dividend & Yield||2.00 (3.07%)|
|1y Target Est||70.50|
The initiative, titled “Whopper Loans” begins May 23 and ends on June 6, and at the end of it, Burger King will give away up to $250,000 to help graduates pay off their loans.
Could Ackman’s Pershing Square's Flying Start in 2019 Continue?(Continued from Prior Part)Restaurant Brands InternationalRestaurant Brands International (QSR), the parent company of Burger King, Popeyes Louisiana Kitchen, and Tim Hortons, is up
Chick-fil-A has built its brand around slinging classic breaded chicken sandwiches with pickles and waffle fries but is now looking beyond the staple protein and may bring vegan entree options to the main menu.
Competition in the fast food space is hot, and in order to stay relevant in the space, companies need to beef up their technology and delivery initiatives, according to Wells Fargo.
Investors in Tyson Foods and Smithfield Foods parent WH Group should be worried about the conversations these meatless burgers are starting.
Today we are going to look at Restaurant Brands International Inc. (NYSE:QSR) to see whether it might be an attractive...
While minimum wage increases are good news for the average American worker, it’s not always good news for restaurants. And one fast-food chain is even more impacted than the rest, Jack in the Box.
Concern over leveraged loans is raising fears that they could pose a new threat to the economy as did subprime mortgages a decade ago.
QSR's (NYSE:QSR) most recent earnings results continue to reinforce our thesis that the company's royalty-based, franchise model is a uniquely valuable business with a large, long-term, capital-light, unit-growth opportunity. This quarter, QSR's unit count expanded by more than 5% while organic EBITDA grew 6% (excluding a 1% headwind from the timing of franchisee ad fund expenditures that temporarily exceeded contributions). Each of QSR's three brands generated positive organic EBITDA growth with Burger King's EBITDA up 10%.
Pershing Square Holdings generated strong performance during the first quarter of 2019 and year-to -date. NAV per share increased 36.9% during the first quarter and by 38.4%1 year-to-date, compared with the S&P 500's year-to-date total return of 13.9%. Warning! GuruFocus has detected 5 Warning Signs with FNMA.
Pershing Square Holdings , the hedge fund controlled by billionaire Bill Ackman , reported strong performance in the first quarter of 2019. The fund’s net asset value per share increased 36.9 percent during ...
Beyond Meat has become "Beyond Stupid," Citron Research said, arguing the stock would come back to earth once investors digest earnings.
One big difference between this decade and the 1990s dot-com boom is that the swells are making the big profits and the small investors are just getting trickled on. Risky IPOs seem to be increasing.Source: Shutterstock This was never truer than in the recent Uber (NASDAQ:UBER) IPO. Beyonce Knowles, who took a $6 million fee for an Uber corporate event in stock three years ago, had $300 million, despite the IPO's failure to achieve lift-off.Meanwhile, unless they took me seriously and shorted the thing, small Uber investors remain under water. The shares were due to trade May 16 at about $41.40, still below the $43 they were offered at. The stock chart of rival Lyft (NASDAQ:LYFT) remains a ski jump, the shares trading almost $25 below its first trade.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Chinese Stocks That Could Pop On a Trade Deal The question now is whether this "Uber Effect," as I'm calling it, will cause other unicorn IPOs to be "down rounds." Risky IPOs Are Part of the DealA lot depends on whether investors can see the unicorns making a profit.WeWork, which filed its S-1 under seal in December, calls its $264 million loss during the first quarter, on $728 million in revenue, "investments." If you buy that I have a bridge over the East River to sell you. WeWork had "investments" (losses) of $1.9 billion last year. At its present rate it will lose another billion this year.Not all this year's risky IPOs have been failures. Zoom Video Communications (NASDAQ:ZM) literally zoomed out of the box after its IPO, up 28% from its first trade. It opened May 16 with a market cap of $20.6 billion.Zoom is a web conference service, something that's been around for decades. What made Zoom a caviar dream and Uber a pile of fish eggs? Profit! Its S-1 showed that Zoom made $7.584 million, 3 cents per share, for the fiscal year ending in January, on revenue of $330 million, double the figure of the previous year.Not all successful IPOs make such plain good sense.Beyond Meat (NASDAQ:BYND) has jumped 30% from its IPO on May 3, despite reporting a net loss of $4.75 per share for 2018. People may be confusing it with Impossible Meat, still privately held, whose non-meat patty got rave reviews from Burger King, a unit of Restaurant Brands International (NYSE:QSR), which itself is up 27% so far this year.Uber and Lyft have always been contradictions, taxi companies whose profit promise was based on getting rid of the drivers. The idea is that the data from the cab rides would let them dominate the rental of autonomous vehicles when they finally arrive. The Bottom Line on Risky IPOsThe IPO calendar is crowded with unicorns whose investors want to cash out. These include Luckin Coffee (NASDAQ:LK), the Chinese coffee chain and three biotechs -- Peloton Therapeutics (NASDAQ:PLTX) Ideaya Biosciences (NASDAQ:IDYA), and Bicycle Therapeutics (NASDAQ:BCYC).Coming up behind them are data-mining company Palantir, backed by German-born Trump fan Peter Thiel, Pinterest, the web site as clipboard metaphor, workplace messaging company Slack, and Robinhood, a mobile-first brokerage that failed to become a bank last year.In all these cases, my advice is the same. Read the S-1 carefully. Ask if the company is making money and, if not, when it will. Pretend you're a skeptical banker, not a hungry speculator.Because in all these cases, that's what you are. The speculators are the ones looking to sell their stock. The fast profit they're looking for is your money.Dana Blankenhorn is a financial and technology journalist. He is the author of a new environmental story, Bridget O'Flynn and the Bear, 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 * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post First Lyft Then Uber, Risky IPOs Just Are the Order of the Day Now appeared first on InvestorPlace.
Beyond Meat news about the company signing a deal with Tim Hortons has BYND stock up on Thursday.Source: Ian Rutherford via Flickr (modified)Beyond Meat (NASDAQ:BYND) has a new deal with Tim Hortons that will have the Restaurant Brands International (NYSE:QSR)-owned coffee chain serving its Beyond Breakfast Sausage. This is a plant-based substitute for normal sausage.According to the Beyond Meat news, the test will have Tim Hortons trying out Beyond Breakfast Sausage at select locations. These locations will be offering the Beyond Breakfast Sausage in some of their sandwiches. These include the Beyond Meat Breakfast Sandwich, Beyond Meat Farmers Breakfast Wrap and Beyond Meat Vegan Sandwich.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"Canadians are looking to incorporate plant-based options into their diets and we're thrilled to partner with Beyond Meat to test three Beyond Meat Breakfast Sandwiches -- including an entirely vegan offering if the market test confirms the potential we see for the platform," Alex Macedo, President of Tim Hortons, told CNBC. * 7 Stocks to Buy that Lost 10% Last Week The Beyond Meat news isn't the first time that a Restaurant Brands International chain has offered plant-based substitutes for meat. Burger King, which also belongs to QSR, has been testing out the Impossible Whopper. This is a plant-based burger that comes from Impossible Foods, which is a rival of BYND.BYND stock was up 5% and QSR stock was up 2% as of noon Thursday. BYND stock is also up 32% since its IPO earlier this month. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Sell Before They Tank Your Portfolio * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Low-Priced, High-Potential Tech Stocks to Buy As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Beyond Meat News: BYND Stock Pops on Tim Hortons Deal appeared first on InvestorPlace.
Billionaire hedge fund manager Bill Ackman has had his ups and his downs. Ackman has lost big before, in Valeant and shorting Herbalife. He has also won big with McDonalds and Chipotle. So far 2019, Ackman is up big. According to the Pershing Square Holdings, LTd website, NAV is up 38.4% year to date as of May […]
Impossible Foods CFO David Lee tells Yahoo Finance that the boom in plant-based meats is consumers catching up to the future in a trend that is not going back.
Beyond Meat stock cleared an IPO base as Tim Hortons tests its plant-based sausages. Tim Hortons parent Restaurant Brands plans a big global expansion.
As China's economy slows, Restaurant Brands International is taking a long-term approach to growing its brands there. "Our view is that we want to be there, and we will be there for the long term," CEO Jose Cil says in an interview. Burger King already has a large footprint in the country, while Tim Hortons is planning to add 1,500 stores there over the next decade.
The world's 10 biggest restaurant companies, arranged by market capitalization – from McDonald's to Brinker International – are mostly chain operations.