|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||48.72 - 49.75|
|52 Week Range||38.05 - 64.18|
|Beta (3Y Monthly)||0.74|
|PE Ratio (TTM)||984.80|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||0.90 (1.70%)|
|1y Target Est||53.33|
In early April, MTY Food Group acquired pizza chain Papa Murphy's (NASDAQ:FRSH) at a huge premium. It was big news for FRSH stock, which popped more than 30% to the acquisition price. But, the news was largely a non-event for other pizza stocks, since most market observers chalked up the acquisition as a one-off, and didn't extrapolate much by the way of M&A potential to other pizza stocks.Nonetheless, it's interesting to note that of the top 10 pizza chains in America, four of them have been acquired over the past eight years (Papa Murphy's, California Pizza Kitchen, Round Table Pizza and Cicis). That's a sky-high 40% acquisition rate for America's largest pizza chains. * 10 High-Yielding Dividend Stocks That Won't Wilt Thus, while investors maybe shouldn't directly extrapolate the Papa Murphy's acquisition to other pizza stocks, they should be aware that certain pizza stocks do have high M&A potential. From this perspective, let's take a closer look at four pizza stocks that are on M&A watch.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Papa John's (PZZA)Source: Shutterstock Of all the publicly traded pizza stocks, the most likely to be an acquisition target in 2019 is Papa John's (NASDAQ:PZZA).Papa John's has had some serious struggles over the past few years, as a lack of innovation coupled with bad press from Papa John himself has created a drag on sales, margins and profits. That's why PZZA stock has been on a multi-year decline.But, the stock is now dirt cheap, at 1.4-times enterprise value-to-sales. Interestingly enough, that's roughly the level where Papa Murphy's was acquired at. It's also the lowest multiple left among publicly traded pizza stocks. Plus, the board room drama with Papa John is over, NBA superstar Shaquille O'Neal has been added to the board, and there's reason to believe a brand turnaround is coming soon.As such, if I were a private equity firm, now would be a really good time to take a bite out of PZZA stock. RAVE Restaurant Group (RAVE)Source: Shutterstock The second most likely pizza chain to be acquired in the foreseeable future is RAVE Restaurant Group (NASDAQ:RAVE).Dallas-based RAVE Restaurant Group owns and operates two pizza chains, Pizza Inn and Pie Five Pizza. In total, the company's pizza chain footprint measures around 270 locations all across the world. Only one of those stores is company-owned. The rest are licensed. This asset-light business model should ultimately prove attractive to a potential buyer. * 6 Cheap Stocks That Cost Less Than $10 On top of a license-heavy model, operations at RAVE aren't bad (comparable sales were mildly positive last quarter), margins are an issue but improving, and the stock is pretty cheap at 2-times enterprise value-to-sales. As such, if a buyer thinks they can come in and cut costs without dramatically impacting sales to produce sizable profits, then RAVE stock could fetch a big offer in the foreseeable future. Domino's Pizza (DPZ)Source: Shutterstock The hottest pizza stock over the past several years has been Domino's Pizza (NYSE:DPZ).Much unlike its peers on this list, Domino's has leveraged technology integration and menu innovation to drive consistently positive comparable sales growth. This has led to healthy revenue growth, strong margin expansion and robust profit growth. That's why DPZ stock has rallied 250% over the past five years.But, the stock is no longer that cheap at 4.2-times enterprise value-to-sales. Plus, given recent out-performance, investors would require a huge premium to even consider a takeover offer. That would imply an offer somewhere around $15 to $20 billion. That's a bit steep as far as pizza chain M&A is concerned.All in all, then, DPZ is a winning stock. But, the likelihood this company is acquired in the foreseeable is very low. YUM! Brands (YUM)Source: Shutterstock Falling in the same boat of winning pizza stock but unlikely M&A candidate is Pizza Hut, which is already owned by YUM! Brands (NYSE:YUM).After Domino's, the second most successful pizza chain over the past several years has been Pizza Hut. The chain struggled for a while, but recently has been getting its groove back amid a series of operational improvements, including store remodels, menu innovations and distinct marketing. The sum of these initiatives powered flat comparable sales growth last quarter and last year, and current trends imply that positive growth is due next year. * 7 Strong Buy Stocks the Street Loves That means YUM stock should go higher from here. But, it also means that the likelihood of YUM getting a takeover offer are next to zero. This is a $30 billion-plus company trading at 7-times enterprise value-to-sales. No buyer is interested in that. As such, when it comes to M&A upside in pizza stocks, YUM stock has very little.As of this writing, Luke Lango was long DPZ. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post 4 Pizza Stocks On M&A Watch appeared first on InvestorPlace.
Will Domino’s Pizza Outperform Analysts’ Expectations in Q1 2019?(Continued from Prior Part)Analysts’ estimatesOf the total 21 analysts who cover Domino’s Pizza (DPZ), 71.4% have given the stock “buy” recommendations, while 28.6% have
Will Domino’s Pizza Outperform Analysts’ Expectations in Q1 2019?(Continued from Prior Part)Analysts’ estimatesAnalysts expect Domino’s Pizza (DPZ) to post adjusted EPS of $2.09 in the first quarter of 2019, which represents a rise of 4.4%
Will Domino’s Pizza Outperform Analysts’ Expectations in Q1 2019?(Continued from Prior Part)Analysts’ expectationsAnalysts expect Domino’s Pizza (DPZ) to post revenue of $849.2 million in the first quarter of 2019, a rise of 8.1% from
Will Domino’s Pizza Outperform Analysts’ Expectations in Q1 2019?Stock performance Domino’s Pizza (DPZ) will announce its first-quarter earnings results before the market opens on April 24. On April 16, the company was trading at a stock price
Maxim Group maintained its buy rating of the company, citing expected solid growth in the first quarter and margin expansion, according to Briefing.com.
Has Domino’s Stock Bottomed Out?(Continued from Prior Part)Analysts’ expectation For 2019, analysts expect Domino’s Pizza (DPZ) to post adjusted EPS of $9.38, which represents a rise of 11.4% from EPS of $8.42 in 2018. The revenue growth,
Has Domino’s Stock Bottomed Out?(Continued from Prior Part)Analysts’ recommendationsOf the total 21 analysts that cover Domino’s Pizza (DPZ), 66.7% are favoring a “buy” rating, while 33.3% are favoring a “hold” rating. None of the
Having declined 20% in the last year, Papa John's (PZZA) stock could post a successful recovery. The business is also seeking to become more efficient in order to offset increasing labor costs, while a revised loyalty program and investment in its employees could lead to an improved customer experience. Warning! GuruFocus has detected 6 Warning Signs with PZZA.
Has Domino’s Stock Bottomed Out?Stock performance As of April 8, Domino’s Pizza (DPZ) was trading at $247.5, which represents a fall of 11.1% since the announcement of its fourth-quarter earnings on February 21. Also, the company is trading at a
Bulls continue to dominate the Street. Last week's muscle-flexing was simply the latest evidence of their reign. Today's gallery will help you embrace the trend by offering up three food stocks to buy.As you might expect after a week where buyers ran the table, my weekend scanning revealed uptrends galore. And many of them offer chart patterns worthy of mention. While the sector representation was as diverse as usual, I did notice one particular theme - food stocks.Pizza, burgers and jelly all made an appearance on this week's stocks to buy list. While one sits a stone's throw from record highs, the other two have only just recently gotten their mojo back.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Risk Stocks With Big Potential Rewards All three boast lower-risk setups if you want to add some nutrition to your portfolio. Let's take a closer look. Food Stocks to Buy: McDonald's (MCD)Source: ThinkorSwim McDonald's (NYSE:MCD) tops the list and deservedly so. The long-term trend is gorgeous and last week's ramp ushered it to the brink of a big-league breakout. Momentum increased during its most recent upswing confirming buyers are strengthening their grip.Since mid-November, MCD stock has been consolidating in a trading range that is now on the cusp of completing. The series of higher swing lows reveals increasing buying appetite and have morphed the box into more of an ascending triangle.For the past six weeks, distribution days have disappeared showing zero institutional distribution. Throw it all together, and the wind is at buyers' backs.If you think the trend continues, then buy the June $190/$200 bull call spread for $3.90 J M Smucker Co (SJM)Source: ThinkorSwim The past two-and-a-half years have seen a sloppy downtrend descend on J M Smucker (NYSE:SJM) shares. From peak to trough, the food company fell 42%. But if recent price action is any indication, the worst is over. Last month's breakout above the 200-day moving average scored solid followthrough. The upside thrust was enough to turn the 20-day and 50-day moving averages higher.And since pole-vaulting higher, SJM stock hasn't given back an inch. The two-week high base pattern has the stock itching for an upside breakout.Volume patterns are lending a hand to the bullish argument as well. Accumulation days litter the landscape, suggesting the big boys are now net buyers. * 10 Medical Marijuana Stocks to Cure Your Portfolio SJM options aren't that liquid, so I suggest buying shares outright if you think the new uptrend sticks. Papa John's (PZZA)Source: ThinkorSwim Papa John's (NASDAQ:PZZA) rounds out today's tasty trio with a bull flag pattern. Like SJM, it too has been brought low in recent years. But this year's rebound looks promising. PZZA stock is up 28% year-to-date and sits above all major moving averages.The increasing momentum seen during its latest upswing coupled with multiple accumulation days also has me leaning in favor of buyers. Rather than purchasing the stock now, however, I suggest waiting to see if we can clear the $54 resistance zone. The descending trendline that has defined its downtrend since late-2016 rests in this area and needs to be taken out before the long-term chart is a buy.As of this writing, Tyler Craig didn't hold positions in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Data Center Buys That Deliver Sizable Income * 7 High-Risk Stocks With Big Potential Rewards * 3 Marijuana Stocks to Watch as New York, New Jersey Delay Legalization Compare Brokers The post 3 Food Stocks Hungry for More Gains appeared first on InvestorPlace.
Papa John's is taking a different approach, and one that will last longer than 24 hours. No joke – Papa John's is helping to provide 1 million meals to Feeding America and announced it today on their social channels. The donation is part of Papa John's ongoing commitment to make communities a better place to work, live and play.
Exec is the latest addition to CEO Steve Ritchie's executive team and fills a position that's been vacant since the May 2018 departure of Brandon Rhoten.
Back in April 2012, Ted White and Christopher Kiper decided it was time to launch their own activist hedge fund, and they called it Legion Partners Asset Management. The Beverly Hills-based fund got the seed money from California State Teachers' Retirement System, which has invested in the fund more than $250 million since its inception. […]
As foreshadowed in an analyst report by BTIG Wednesday, Papa John’s has hired a new global chief marketing officer after nearly a yearlong search. Karlin Linhardt is now tasked with turning around brand sentiment at the pizza chain after a public battle with former CEO and Chairman John Schnatter last year led to a steep […]
During those years, Papa John's was wracked with controversy. Founder John Schnatter, who doubled as the spokesperson for the company in advertisements, was forced to step down as CEO in late 2017 after making controversial comments. Finally, earlier this month, Papa John's resolved most of its issues concerning Schnatter.
Papa John's (PZZA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Papa John's International Inc. has named Karlin Linhardt global chief marketing officer, a role that has been vacant since May 2018. Linhardt joins from Subway Restaurants, where he was senior vice president of marketing for North America. He also spent 10 years at McDonald's Corp. After meeting with Papa John's management, BTIG analysts expect the pizza chain to shift its marketing in order to target a younger, more diverse customer. Papa John's stock has gained 26.8% in 2019, while the S&P 500 index is up nearly 12% for the period.
Papa John’s International, Inc. , one of the world’s largest pizza delivery companies, today announced the appointment of Karlin Linhardt as its Global Chief Marketing Officer.
Industry analyst firm BTIG shared some color around recent decisions made by Papa John’s restructured board in a new report released Wednesday — particularly the chain’s new formed partnerships with celebrity Shaquille O’Neal and delivery company DoorDash. Following one-on-one meetings with Papa John’s last week, BTIG predicts Papa John’s will soon hire a new chief […]
Papa John’s Stock Rose after Stifel’s Upgrade(Continued from Prior Part)Stock performance Papa John’s (PZZA) stock rose after Stifel’s upgrade. At 10:55 AM EST on March 27, the company was trading 1.6% higher than its closing price the
Papa John’s Stock Rose after Stifel’s UpgradeStifel’s upgradeOn March 27, Stifel upgraded Papa John’s (PZZA) from “sell” to “hold” and increased its 12-month target price to $45 from $35. The new target price represents a fall of