APRN - Blue Apron Holdings, Inc.
12.35 +0.17 (1.40%)
After hours: 6:49PM EDT
Chart Events
Momentum
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 9.42 |
| Open | 9.46 |
| Bid | 12.30 x 800 |
| Ask | 12.08 x 900 |
| Day's Range | 9.41 - 13.13 |
| 52 Week Range | 2.01 - 28.84 |
| Volume | 5,413,921 |
| Avg. Volume | 3,915,296 |
| Market Cap | 162.987M |
| Beta (5Y Monthly) | -4.89 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -5.77 |
| Earnings Date | Apr 29, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 9.50 |
Fair Value
Related Research
- GuruFocus.com
Blue Apron: The Meal Kit Demand Is Rising
The meal kit delivery company saw a strong jump in revenues in the recent quarter Continue reading...
- Business Wire
Blue Apron Holdings, Inc. Announces Changes to Operations Management Team and Reiterates Second Quarter Outlook
Blue Apron Holdings, Inc. (NYSE: APRN) announced changes to its operations management team today. Effective immediately, Jason Hatcher, vice president of operations, and Greg Wysocki, vice president of procurement and supply chain will assume leadership of Blue Apron’s fulfillment and supply chain operations and will report directly to Chief Executive Officer Linda Findley Kozlowski. Alan Blake, chief operating officer will be leaving the company on June 1 to pursue another opportunity.
- Zacks
Is Blue Apron Holdings (APRN) Outperforming Other Consumer Staples Stocks This Year?
Is (APRN) Outperforming Other Consumer Staples Stocks This Year?
ABC News VideosTips on how to avoid shopping with meal kit delivery
Having these ingredients delivered straight to your door will help avoid the risk of having to shop in public during these uncertain times.
- Zacks
The Keys to Successfully Timing the Markets - May 15, 2020
Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?
- Zacks
How Blue Apron (APRN) Stock Stands Out in a Strong Industry
Blue Apron (APRN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- MarketWatch
Blue Apron CEO says the company is ready for a permanent rise in meal kit consumption but diners might not bite
Blue Apron’s Chief Executive Linda Kozlowski spoke with MarketWatch about the bump in demand for meal kits during the COVID-19 outbreak.
- Barrons.com
It’s Time to Short Apple. Here Are 12 Other Tech Stocks Still Worth Buying.
The Nasdaq Composite has soared more than 30% in the last six weeks, pushing some stocks into pricey territory. Here are tech names still worth buying, according to two portfolio managers.
- Motley Fool
Blue Apron's Pandemic-Fueled Gains Are Meager at Best
The meal kit delivery company expects to see a big uptick in its business because of the widespread lockdowns, but will it last?
- Simply Wall St.
Blue Apron Holdings, Inc. (NYSE:APRN) Just Reported And Analysts Have Been Lifting Their Price Targets
One of the biggest stories of last week was how Blue Apron Holdings, Inc. (NYSE:APRN) shares plunged 39% in the week...
- Yahoo Finance Video
Blue Apron CEO on Q1 earnings and what's next for the company
Linda Kozlowski, Blue Apron President & CEO, joined Yahoo Finance's Jen Rogers, Myles Udland, Dan Roberts, and Rick Newman to discuss the company's first quarter earnings report and her outlook for the rest of the year.
- TheStreet.com
Chick-fil-A Relaunching Chicken Parmesan Meal Kit in May
Chick-fil-A is bringing back its Chicken Parmesan meal kit. It first tested out the kits in 2018 to positive customer reviews.
- MarketWatch
Coronavirus update: U.S. deaths to COVID-19 exceed Vietnam War toll, and Pence slammed for not wearing face mask
The U.S. death toll from the coronavirus that causes COVID-19 has surpassed the number of lives lost in the Vietnam War as more than 1 million Americans are confirmed to have had the deadly illness.
- Zacks
Why is Blue Apron (APRN) Tanking Today?
Shares of meal kit provider Blue Apron (APRN) slid roughly 24% in morning trading on Wednesday after the company reported weaker-than-expected Q1 earnings.
- Reuters
Blue Apron shares sink as coronavirus order bump fails to boost sales
"Even as restrictions on consumer behavior begin to ease, we expect that there will be a shift to new economic and social norms, reflecting the changes in cooking and eating habits developed during the weeks or months consumers spend at home, and these will persist for some time," Chief Executive Officer Linda Findley Kozlowski said on a post-earnings call. Blue Apron, which went public in 2017, has been losing ground to competition from established grocers that are bringing out their own meal-kits.
- TheStreet.com
Blue Apron Shares Off After Report of Wider First-Quarter Loss
Blue Apron's first-quarter loss widened on 28% lower revenue. The pandemic is nonetheless helping demand for meal kits as consumers stay home.
- MarketWatch
UPDATE: Blue Apron shares slide 9% premarket after earnings miss, files shelf for up to $75 million
Shares of meal kit provider Blue Apron Inc. slid 9% in premarket trade Wednesday, after the company posted weaker-than-expected first-quarter earnings, but said stay-at-home mandates during the coronavirus pandemic have significantly boosted demand for its products. The company posted a net loss of $20.1 million, or $1.51 a share, in the quarter, wider than the loss of $5.28 million, or 41 cents a share, posted in the year-earlier period. Revenue fell to $101.9 million from $141.9 million. The FactSet consensus was for a loss per share of $1.50 and revenue of $107.0 million. The company said the pandemic did not have a material impact on first-quarter numbers, but it is expecting second-quarter revenue to grow in the high single digits. The company is hiring new workers and increasing production capacity, temporarily reducing variety in menus to limit the need to change production lines. The company said it has no supply chain issues or disruption at fulfillment centers. "The company believes there will be an ongoing positive impact on demand for its meals, although the duration and extent of this demand increase is unknown," it said in a statement. Separately, the company said it has filed a shelf registration with the Securities and Exchange Commission to issue up to $75 million in stock or debt. Shares have gained 91% in the year to date, while the S&P 500 has fallen 11%.
- Business Wire
Blue Apron Announces Filing of Form S-3 Shelf Registration Statement
Blue Apron Holdings, Inc. (NYSE: APRN) (the "Company") announced today that it has filed a "universal shelf" registration statement on Form S-3 (the "Registration Statement") with the Securities and Exchange Commission (the "SEC") for the registration of shares of the Company’s Class A common stock, senior or subordinated debt securities, preferred stock and/or warrants (collectively, the "Securities").
BenzingaRecap: Blue Apron Q1 Earnings
Shares of Blue Apron Hldgs (NYSE:APRN) fell over 12% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were down 4933.33% year over year to ($1.51), which missed the estimate of ($1.50).Revenue of $101,857,000 lower by 28.21% from the same period last year, which missed the estimate of $107,500,000.Outlook Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: Apr 29, 2020View more earnings on APRNTime: 08:02 PM ETWebcast URL: https://78449.choruscall.com/dataconf/productusers/aprn/mediaframe/37252/indexr.htmlRecent Stock Performance 52-week high: $28.8452-week low: $0.55Price action over last quarter: Up 187.50%Company Profile Blue Apron Holdings Inc is a United States-based company involved in discovering new recipes, ingredients, and cooking techniques to prepare meals which are sent along with fresh, seasonal ingredients, directly to customers. The company offers its customers two flexible plans, 2?Serving Plan and 4-Serving Plan. Its recipes are accompanied by printed and digital content, including how-to-cook instructions and the stories of its suppliers and specialty ingredients. The company also sells wine, cooking tools, utensils, and pantry items.See more from Benzinga * Brinker International: Q3 Earnings Insights * Recap: Costamare Q1 Earnings * Banc of California: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Business Wire
Blue Apron Holdings, Inc. Reports First Quarter 2020 Results
Blue Apron Holdings, Inc. (NYSE: APRN) announced today financial results for the quarter ended March 31, 2020.
- Zacks
Factors Setting the Tone for Blue Apron's (APRN) Q1 Earnings
Blue Apron's (APRN) first-quarter 2020 performance is likely to reflect higher restructuring charges. Nonetheless, focus on innovation bodes well.
- Zacks
Yes, You Can Time the Market. Find out How - April 24, 2020
Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- Zacks
Are Options Traders Betting on a Big Move in Blue Apron (APRN) Stock?
Investors need to pay close attention to Blue Apron (APRN) stock based on the movements in the options market lately.
- InvestorPlace
Whatever Blue Apron Stock Gains from Closed Restaurants, It’s Not Enough
If you're optimistic about a quick, V-shaped recovery, you might be in the minority. According to a CNBC report, the U.S. suffered severe economic losses last month due to the novel coronavirus impact. In March, retailing sales fell 8.7%, the most ever in government data. Plus, New York's regional manufacturing activity dropped to a record low, shedding 78.2%. Despite this ugly news, though, there are silver linings that may help Blue Apron (NYSE:APRN) and by deduction, Blue Apron stock.Source: Roman Tiraspolsky / Shutterstock.com It's not the most intuitive argument, with so many discretionary segments, such as clothing and home furnishing sectors incurring cataclysmic collapses. Yet two metrics undoubtedly help lift the profile of Blue Apron stock and the meals-delivery industry overall.First, food and beverage sales jumped 25.6% between February and March of this year. Second, the food services and drinking places segment -- namely, bars and restaurants -- plummeted nearly 27% during the same period.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPut the two together and you have a consumer that still wants an enjoyable culinary experience but with the safety and comfort of in-home dining. Which could explain why Blue Apron stock skyrocketed in mid-March as shelter-in-place orders immediately denied the underlying company's competitors.But just how sustainable is this narrative? In an email sent to me by an InvestorPlace reader, Di Wu, a Cornell University-educated engineer, informed me that between April 3 and April 7, APRN's user signups averaged just over 4,100 new subscribers. Though impressive, Wu reminded me that the company lost about 35,000 subs over a 90-day period for the quarter ending Dec. 31, 2019.If the run rate follows trends, APRN will need to convert about 10% of new signups to break even. Blue Apron Stock Faces an Unrealistic PropositionWith the paradigm shift that we've incurred, it's not unusual to see people adapt to new customs or procedures. Further, because we're dealing with an infectious disease, Blue Apron's business aligns perfectly with governmental social distancing mandates. * 7 Bank Stocks to Watch as Earnings Season Heats Up But is this enough to move the needle for Blue Apron stock? Having analyzed the data and the fundamentals, I highly doubt it.One of the factors that intrigues reader Wu is how the new-user-signup ratio will look like once shelter-in-place directives are lifted. If you look at the charts, Blue Apron stock started moving as COVID-19 cases accelerated and just before states like California and New York imposed lockdowns. Therefore, once society returns to normal, you'd expect the same for APRN (i.e., revert to the mean).But the overriding headwind for the meal kit specialist is that it was hardly generating much business. Sure, it's a great idea but sometimes the best concepts just don't work out that well. Blue Apron is a shining member of this dubious club.Source: Chart by Josh EnomotoIn the early stages, the company seemingly could do no wrong. From the first quarter of 2015 to Q1 2017, APRN's subscriber count more than quadrupled, from 213,000 to 1.04 million. But since then, subscribers steadily abandoned ship. And from Q1 2018 through Q4 2019, subscriber losses on a year-over-year basis averaged a startling 30.3%.Even worse, the subs losses accelerated last year, averaging 36.2%. Whatever management was doing, it obviously didn't work. * 9 Robust Stocks to Buy to Survive a Bear Market Not to pour salt on wounds but APRN had no opportunity to spin-doctor the bad news. That's because the average order value stayed relatively flat. From Q1 2015 through the most recent quarter, this metric averaged $58.02. At last count, it's $58.14 -- hardly a big difference. If APRN Doesn't Kill Itself, the Competition WillFinally, let me address the low-hanging fruit: the competition. Every company has at least one rival and that's where the last bit of confidence toward Blue Apron stock fades. Nothing distinct sets the underlying company apart from the others.While APRN has struggled since 2017, that's the same year when competitor HelloFresh (OTCMKTS:HLFFF) started gaining traction. In Q1 2017, HelloFresh had 1.16 million customers. By Q4 2019, it amassed nearly three million. Furthermore, it's conceivable that larger companies that have superior scale will enter the space, especially if the concept takes off following the coronavirus.But that's the thing -- I don't think it will. If we model out the economic figures that CNBC reported, we can assume that a recession is over the horizon. In that case, every dollar counts for hurting American families. Rather than spend it on a luxury service like meal-kit deliveries, I'm sure most would rather cook from home.A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Whatever Blue Apron Stock Gains from Closed Restaurants, It's Not Enough appeared first on InvestorPlace.
- Barrons.com
Giant Fund Buys Bigger Stakes in Blue Apron, Yelp Stocks
Quant fund D.E. Shaw is now the fourth-largest holder in each company. Blue Apron stock has soared in the face of the coronavirus pandemic, while Yelp stock has slumped.
