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Can Chipotle Mexican Grill Stock Live Up To Upgrade?
Thursday, May 27, 2021 - 11:51am | 261While Chipotle Mexican Grill, Inc’s (NYSE: CMG) stock has been under pressure since mid-April with weakness in growth, the company’s same-store sales prospect for the long term is “better than it ever has been,” given the rising mix of digital sales, according to...
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Wendy's Analysts Break Down Q1 Beat: 'Further Upside Exists'
Thursday, May 13, 2021 - 4:08pm | 500Wendy’s Co (NASDAQ: WEN) shares traded higher Thursday after the company reported impressive first-quarter earnings and raised its full-year guidance. For the first quarter, Wendy’s reported adjusted EPS of 20 cents on revenue of $460.2 million. Both numbers exceeded consensus analyst...
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Domino's, Papa John's Deliver Disappointing Earnings: Here's What Happened
Thursday, February 25, 2021 - 12:05pm | 598Pizza chain stocks were trading lower Thursday morning after Domino's Pizza, Inc. (NYSE: DPZ) reported a top-and-bottom line fourth quarter miss, while Papa John's Int'l, Inc. (NASDAQ: PZZA) reported mixed results. Domino's Earnings Recap: Domino's said it earned $3.46 per share...
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Why This Analyst Is Bullish For Tyson Foods, Pilgrim's Pride And Sanderson Farms
Monday, February 8, 2021 - 2:04pm | 443The bullish case for Tyson Foods, Inc. (NYSE: TSN), Pilgrim's Pride Corporation (NASDAQ: PPC), and Sanderson Farms, Inc. (NASDAQ: SAFM) is based on improving fundamentals in the food category, according to Stephens. The Tyson, Pilgrim's, and Sanderson Analyst: Ben Bienvenu upgraded: Tyson...
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Chipotle Stock Falls After Q4 Print: Should Investors Buy The Dip?
Wednesday, February 3, 2021 - 1:35pm | 938Casual restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported Tuesday with fourth-quarter results that prompted a 3% selloff in shares by Wednesday morning. Here's how the Street reacted to the print. The Chipotle Mexican Grill Analysts Raymond James analyst Brian Vaccaro...
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Is Now The Time To Buy Starbucks Stock? 6 Analysts Weigh In On Drop
Wednesday, January 27, 2021 - 5:51pm | 880Starbucks Corporation (NASDAQ: SBUX) reported Tuesday afternoon with mixed fiscal first-quarter results highlighted by a 5% U.S. same-store sales decline. The coffee chain posted a revenue miss, but EPS beat. Here's how six Starbucks sell-side analysts reacted to the print. The Starbucks...
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Restaurant Brands Analyst Bullish On Upcoming Catalysts For Burger King Owner
Thursday, January 7, 2021 - 4:47pm | 376Restaurant Brands International Inc (NYSE: QSR) was the only large-cap quick-service restaurant to end 2020 in the red, but the company has catalysts ahead to reverse its losses in 2021, according to Stephens. The Restaurant Brands Analyst: James Rutherford upgraded Restaurant Brands from...
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Stephens Upgrades Comerica After YTD Pullback
Thursday, December 17, 2020 - 1:20pm | 237Comerica Incorporated’s (NYSE: CMA) stock has performed the worst among super regional banks year to date, declining around 26% versus the downturn of about 11% in the SPDR S&P Regional Banking ETF (NYSE: KRE), according to Stephens. The Comerica Analyst: Terry McEvoy upgraded ...
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Stephens Says The Street Is 'Too Optimistic' On Dick's Sporting Goods
Tuesday, December 15, 2020 - 11:45am | 448Dick's Sporting Goods Inc (NYSE: DKS) deserves credit for succeeding in multiple initiatives over the years, but analysts are "too optimistic" on the sporting good's outlook, according to Stephens. The Analyst: Daniel Imbro initiated coverage of Dick's Sporting Goods with...
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4 McDonald's Analysts On Q3 Beat, Golden Arches Analyst Day
Tuesday, November 10, 2020 - 4:42pm | 771Global fast food giant Mcdonald's Corp (NYSE: MCD) reported third-quarter results Monday and laid out a vision of its future. The McDonald's Analysts Stephens analyst James Rutherford maintains an Overweight rating on McDonald's with an unchanged $250 price target. Raymond...
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The Street Reacts To Chipotle's Q3 Earnings: Costs Heading 'In The Right Direction'
Thursday, October 22, 2020 - 1:46pm | 804Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results highlighted by a strong 14.1% sales growth but soaring demand for delivery is impacting profits. Chipotle reported quarterly earnings of $3.76 per share, which beat the analyst consensus estimate of $3.40 by 10.6%. The...
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Stephens On Cheesecake Factory: No Catalyst Or Recovery In Sight
Wednesday, May 13, 2020 - 3:30pm | 325Cheesecake Factory Inc (NASDAQ: CAKE) has no catalyst or recovery ahead given its overexposure to malls, according to Stephens. The Cheesecake Factory Analyst James Rutherford resumes coverage of Cheesecake Factory's stock with an Underweight rating and $14 price target. The Cheesecake Factory...
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Wendy's Locations Run Out Of Beef As COVID-19 Forces Meatpacking Plant Closures
Wednesday, May 6, 2020 - 12:41am | 474More than 1,000 Wendy’s Co. (NASDAQ: WEN) locations were out of hamburgers Monday, according to The New York Times. Disruptions caused by the coronavirus pandemic have caused the closure of a dozen meatpacking plants in the U.S., and the impact is being felt in the...
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10 Analysts React To Domino's Earnings: 'It Deserves A Premium Valuation'
Sunday, April 26, 2020 - 8:37pm | 1044Domino's Pizza, Inc. (NYSE: DPZ) shares lost 0.64% Friday after the company reported first-quarter earnings and revenue beats but withdrew its long-term guidance. On Thursday, Domino's reported first-quarter EPS of $3.07 on revenue of $873.1 million. Both numbers beat consensus analyst...
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Slack Usage Jumps 20% As Workers Log On From Home During Coronavirus Pandemic
Thursday, March 26, 2020 - 9:47am | 428Slack Technologies Inc (NYSE: WORK) shares, which tumbled to a record low of $15.10 in mid-March in the wake of a coronavirus-induced sell-off, have rebounded to the $28 level. Slack's simultaneously connected users rose from 10.5 million as of March 16 to 12.5 million as of March 25, the...