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Morgan Stanley Recommends Domino's, McDonald's As Restaurant Plays Amid Coronavirus Scare
Wednesday, March 11, 2020 - 3:29pm | 427Coronavirus-related concerns and its impact on the restaurant industry can't be determined right now, but investors looking to flee to safer names should pick Domino's Pizza, Inc. (NYSE: DPZ) and McDonald's Corp (NYSE: MCD), according to Morgan Stanley. The Analyst John Glass comments...
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Wall Street Weighs Starbucks Coronavirus Guidance Update: 'A Little Good, A Little Bad'
Friday, March 6, 2020 - 3:54pm | 867Starbucks Corporation (NASDAQ: SBUX) provided its investors with an update on its business Thursday in the wake of the global coronavirus outbreak, and the picture wasn’t pretty. Starbucks said it is expecting a 50% drop in China revenue in the first quarter due to the outbreak. Temporary...
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What The Street Thinks About Shake Shack's Q4 Print, Stock Drop
Tuesday, February 25, 2020 - 3:13pm | 826Shake Shack Inc (NYSE: SHAK) reported fourth-quarter results that fell short of expectations. Management acknowledged it suffered from a "significant slowdown" in its growth business, which contributed to the stock's sell-off. Shake Shack reported quarterly earnings of 6 cents per...
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The Street Debates Starbucks' Quarter
Wednesday, January 29, 2020 - 5:32pm | 625Starbucks Corporation (NASDAQ: SBUX) reported Tuesday fiscal first-quarter results taht were overshadowed by the concerning coronavirus spread in China where the company has a big presence. The Street attempted to look past any near-term concern to better understand if the stock should be bought at...
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Sell-Side Digests Shake Shack's Earnings, Guidance
Tuesday, November 5, 2019 - 1:10pm | 570Shake Shack Inc (NYSE: SHAK) on Monday reported third-quarter results, leading to a 20% stock drop but some analysts continue to like the stock. The Analysts Wedbush analyst Nick Setyan maintains a Neutral rating on Shake Shack's stock with a price target lowered from $84 to $75. Morgan Stanley...
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The Street Debates What's Next For Chipotle
Wednesday, October 23, 2019 - 11:45am | 575Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results that exceeded expectations, highlighted by better-than-expected same-store sales growth of 11% versus 9% expected and an increase in net income from $38.2 million last year to $98.6 million. Flawless Quarter Chipotle's...
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Wall Street Takes A Bite Out Of McDonald's Quarter
Wednesday, October 23, 2019 - 9:29am | 544McDonald's Corp (NYSE: MCD) reported third-quarter results, which disappointed investors across multiple metrics. The stock fell about $10 per share Tuesday to close at $199.27. Here is a summary of how some of the Street's top analysts reacted to the print. Morgan Stanley: Key Takeaways...
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Despite Lackluster Quarter, Sell-Side Says Domino's Will Eventually Beat Back New Third-Party Delivery Competition
Wednesday, October 9, 2019 - 12:19pm | 627Domino’s Pizza, Inc. (NYSE: DPZ) was in the delivery business before delivery was so cool, and it will withstand the current onslaught of new food delivery companies, analysts said as they kept bullish ratings intact despite mixed third-quarter results. The Analysts Wedbush analyst Nick...
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The Street Agrees: Shake Shack Delivered Tasty Q2, But Valuation Is Full
Tuesday, August 6, 2019 - 1:34pm | 591Shake Shack Inc (NYSE: SHAK) delivered second-quarter results that came in notably above expectations but few analysts find the valuation attractive at current levels. The Analysts Barclays' Jeffrey Bernstein maintains a Neutral rating on Shake Shack with a $70 price target. Morgan Stanley'...
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Texas Roadhouse Analysts Pick At Q2 Results
Tuesday, July 30, 2019 - 12:43pm | 652The steakhouse restaurant chain Texas Roadhouse Inc (NASDAQ: TXRH) reported second-quarter results Monday that were highlighted by inline EPS at 63 cents per share and a slight revenue beat at $689.83 million versus expectations of $687.99 million. Wall Street analysts weighed in after the...
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Was Domino's Q2 Fresh Or Stale? Analysts Debate
Wednesday, July 17, 2019 - 3:24pm | 529Domino's Pizza, Inc. (NYSE: DPZ) fell more than 7% Tuesday after reporting second-quarter results, highlighted by a miss on U.S. same-store sales. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's John Glass maintains an...
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The Street Debates Darden's Earnings: Low Bar Set For Guidance?
Friday, June 21, 2019 - 2:50pm | 663Olive Garden parent company Darden Restaurants, Inc. (NYSE: DRI) on Thursday reported fourth-quarter results. Earnings of $1.76 per share beat the analyst consensus estimate of $1.72, while quarterly sales of $2.23 billion missed the consensus estimate of $2.24 billion. Here is a summary of how...
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Jack In The Box Analyst Sees 'Encouraging' Sales Trends Improvements
Tuesday, May 21, 2019 - 3:30pm | 458Jack in the Box (NASDAQ: JACK) is beginning to come into the good graces of Wall Street analysts. The Analyst Morgan Stanley analyst John Glass reinstated an Equal-Weight rating on Jack in the Box with an $87 price target. The Thesis After escaping a potential PR crisis initiated by Kim...
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Shake Shack's 'Beefy' Quarter Not Enough For These Analysts To Turn Bullish
Friday, May 3, 2019 - 11:47am | 443Shake Shack Inc (NYSE: SHAK) reported in-line earnings in the first quarter, but revenue and same-store sales came in better than expected. Despite what appears to be a strong quarter, at least two analysts continue to shy away from holding a bullish stance on the stock. Morgan Stanley: 'Beefy...
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The Street Remains Bullish On McDonald's
Wednesday, May 1, 2019 - 1:02pm | 684McDonald's Corp (NYSE: MCD) reported first-quarter results, which came in better than expected but management's commentary of higher expenses has the Street debating the company's upside potential. The Analysts Stephens' Will Slabaugh maintains an Overweight rating on McDonald's...