Jack In The Box Inc

Optimism about reopening the economy, fiscal stimulus packages, and progress in COVID-19 treatment led to a rise in McDonald’s stock price.

For the second quarter, analysts expect Jack in the Box to report revenue of $211.1 million—a fall of 2.1% from the second quarter of 2019.

As of April 30, Shake Shack was trading at $54.51. Despite the recent surge, the company is still trading 48.5% lower than its 52-week high of $105.84.

On Wednesday, Jack in the Box (NASDAQ:JACK) provided an update for its preliminary performance in the second quarter of fiscal 2020, which ended on April 12.

Along with the global sell-off, the weak fourth-quarter sales and lower-than-expected 2020 guidance led to a fall in Shake Shack’s stock price.

Shake Shack will report its fourth-quarter earnings on February 24. For the quarter, analysts expect the company’s revenue to rise in the double-digits.

McDonald’s (MCD) competition includes large international and national food chains as well as regional and local retailers of food products.

More Americans are eating out, and they’re eating out more often. The restaurant industry’s share of the food dollar is 51%, up from 25% in 1955.

As of June 26, Wendy’s was trading at a forward PE ratio of 28.2x compared to 27.7x before the announcement of its first-quarter earnings.

For 2019, analysts expect Wendy’s (WEN) to report revenues of $1.70 billion—a rise of 7.0% from $1.59 billion in 2018.

Analysts expect Jack in the Box (JACK) to post adjusted EPS of $0.93, which represents a rise of 16.3% from $0.80 in the corresponding quarter of fiscal 2018.

In the second quarter, analysts expect Jack in the Box (JACK) to post revenue of $217.7 million.

Jack in the Box (JACK) is scheduled to report its earnings results for the second quarter of fiscal 2019 after the market closes on May 15.

Analysts expect McDonald’s (MCD) to report revenues of $20.95 billion in 2019—a fall of 0.4% from $21.03 billion in 2018.

McDonald’s (MCD) posted its first-quarter earnings on April 30. The company posted an adjusted EPS of $1.78 on revenues of $4.96 billion.

For the first quarter of 2019, analysts are expecting Shake Shack (SHAK) to post adjusted EPS of $0.13, which represents a fall of 13.3% from $0.15 in the corresponding quarter of 2018.

For the first quarter of 2019, analysts expect Shake Shack (SHAK) to post revenue of $126.9 million.

Shake Shack (SHAK) is scheduled to report its first-quarter earnings after the market closes on May 2.

Of the 29 analysts covering (MCD), 79.3% recommend “buy,” 20.7% recommend “hold,” and none recommend “sell.”

In the first quarter of 2019, analysts expect McDonald’s (MCD) revenue to fall 4.1% YoY (year-over-year) to $4.93 billion from $5.14 billion, likely due to its company-owned restaurant count falling.

McDonald’s (MCD) is set to report its first-quarter earnings before the market opens on April 30.

Today, Longbow Research downgraded Shake Shack (SHAK) to “neutral” from “buy” on concerns about its high valuation.

On April 10, Cowen initiated coverage on Wendy’s (WEN) with an “outperform” recommendation and a price target of $21.0.

The Mizuho downgrade appears to have led a fall in Wendy’s (WEN) stock price.

Jack in the Box (JACK) posted its first-quarter earnings after the market closed on February 20.

Today, Stephens upgraded McDonald’s from “equal weight” to “overweight,” stating that lower expectations for McDonald’s in 2019 provided room for positive surprises.

Wendy’s (WEN) is scheduled to post its fourth-quarter earnings results before the market opens on February 21.

For the fourth quarter, McDonald’s posted an EPS of $1.82. Removing one-time or special items, the company’s adjusted EPS was $1.97.

For the fourth quarter, McDonald’s (MCD) posted an EBIT margin of 43.1%—compared to 40.2% in the fourth quarter of 2017.

In the fourth quarter, McDonald’s (MCD) posted revenues of $5.163 billion—slightly better than analysts’ expectation of $5.162 billion.

On January 30, McDonald’s posted its fourth-quarter earnings. The company posted an adjusted EPS of $1.97 on revenues of $5.16 billion.

Among the 32 analysts covering McDonald’s (MCD), 78.1% recommend a “buy,” while 21.9% recommend a “hold.”

McDonald’s (MCD) is scheduled to post its fourth-quarter earnings before the market opens on January 30.

In the first three quarters of 2018, McDonald’s (MCD) revenue fell 9.3% to $15.86 billion.

Of the 32 analysts that cover McDonald’s (MCD), 78.1% have given the stock “buy” ratings, while the remaining 21.9% have given it “holds.”

As of December 14, Jack in the Box stock has declined by 18.1% since the beginning of this year.

After the market closed on November 19, Jack in the Box posted its fourth-quarter earnings. The company posted an adjusted EPS of $0.77.

Of the 17 analysts following Jack in the Box (JACK), 47.1% favor a “buy” as of November 14, while 52.9% favor a “hold.”

Analysts expect Jack in the Box (JACK) to post revenues of $176.0 million in Q4 2018—a fall of 24.2% from $232.13 million in Q4 2017.

Jack in the Box (JACK) is scheduled to report its fourth-quarter earnings after the market closes on November 19.

For the next four quarters, analysts expect McDonald’s (MCD) to post adjusted EPS of $8.01.

Of the 26 analysts that cover Wendy’s (WEN), 61.5% have given it “buys,” and 38.5% have given it “holds.” No analysts have given it “sell” recommendations.

Analysts expect Wendy’s (WEN) to post revenue of $405.6 million in the third quarter, which represents a rise of 31.7% year-over-year.

In the third quarter, McDonald’s (MCD) posted revenue of $5.37 billion, outperforming analysts’ expectation of $5.32 billion.

McDonald’s (MCD) posted its third-quarter earnings on October 23. It reported adjusted EPS of $2.10 on revenues of $5.37 billion.

For the next four quarters, analysts are expecting McDonald’s (MCD) to post revenue of $20.75 billion, which is a 3.9% fall year-over-year.

At the end of October 5, McDonald’s (MCD) was trading at $166.57, a 4.8% rise since its second-quarter earnings on July 26.

On September 14, Dave & Buster’s (PLAY) stock rose 7.9% in response to the company’s robust fiscal second-quarter results.

As of September 5, Dave & Buster’s Entertainment (PLAY) stock has risen 4.5% YTD (year-to-date).

Dave & Buster’s Entertainment (PLAY) is expected to report its fiscal second quarter of 2018 results on September 14.

Of the 17 analysts that follow Jack in the Box (JACK), 47.1% favored a “buy,” while 52.9% favored a “hold” recommendation on August 9.

As of August 9, Jack in the Box was trading at a forward PE multiple of 19.3x—compared to 17.9x before the announcement of its third fiscal quarter earnings.

Jack in the Box (JACK) posted an EPS of $1.70. The company’s adjusted EPS was at $1.0 and outperformed analysts’ expectation of $0.88.

To drive the SSSG, Jack in the Box is focusing on menu innovations, expanding the delivery service, and enhancing customers’ experience.

Jack in the Box (JACK) posted its third fiscal quarter earnings after the market closed on August 8. The company posted an adjusted EPS of $1.0.

Yesterday, Restaurant Brands International (QSR) was trading at $63.91. Analysts’ average target price of $70 implies a 9.5% return based on that price.

In the next four quarters, analysts expect Restaurant Brands International’s (QSR) revenue to rise 10.1% YoY (year-over-year) to $5.55 billion from $5.04 billion.

In the second quarter, Restaurant Brands International (QSR) saw revenue of $1.34 billion, falling short of analysts’ estimate of $1.38 billion due to lower-than-expected SSSG (same-store sales growth) at Tim Hortons and Burger King.

Analysts expect McDonald’s (MCD) to post EPS of $1.93 in the second quarter, a rise of 11.6% year-over-year.

Wall Street analysts expect McDonald’s (MCD) to post revenue of $5.34 billion in the second quarter.

For the next four quarters, analysts expect Shake Shack (SHAK) to post an EPS of $0.52—a fall of 16.1% from $0.62 last year.

Dave & Buster’s Entertainment (PLAY) reported fiscal first-quarter results on June 11.

Dave & Buster’s has been focused on enhancing its games portfolio with special emphasis on VR (virtual reality) games to attract more customers.

Since the announcement of its first-quarter results on June 11, several analysts have raised their price targets for Dave & Buster’s stock.

On June 7, Kalinowski Equity Research upgraded McDonald’s (MCD) from “neutral” to “buy.” The firm set a price target of $191 for MCD stock.

Dave & Buster’s expects its fiscal 2018 revenues to increase $1.20 billion–$1.24 billion, representing 5.0%–9.0% YoY growth.

On June 11, Dave & Buster’s is expected to report fiscal Q1 revenues of $322.1 million, representing 5.9% growth on a year-over-year basis.

Jack in the Box (JACK) posted its fiscal second-quarter earnings after the market closed on May 16, and then the stock fell 3%.

Wendy’s (WEN) posted EPS (earnings per share) of $0.08 in 1Q18. However, removing special items, the adjusted EPS stood at $0.11, versus analysts’ expectation of $0.10.

Wendy’s (WEN) posted revenue of $380.6 million in 1Q18, which represents a rise of 33.1% from $285.2 million in 1Q17.

As Shake Shack (SHAK) is still in the growth phase of its business cycle, its operating expenses should be high, and earnings per share can’t be considered for its valuation.

Due to high visibility in McDonald’s (MCD) valuation multiple, we have opted for the forward PE (price-to-earnings) multiple.

In 1Q18, McDonald’s (MCD) posted EBIT (earnings before interest and tax) of $2.3 billion, which represents an EBIT margin of 41.7%.

As of April 24, 2018, Shake Shack (SHAK) was trading at $42.98. Analysts are expecting the stock to reach $42.10 in the next 12 months.

Analysts expect McDonald’s (MCD) to post adjusted EPS (earnings per share) of $1.67, which represents growth of 13.7% from $1.47 in 1Q17.

McDonald’s is scheduled to announce its 1Q18 earnings before the market opens on April 30.

On April 16, 2018, Stephens downgraded McDonald’s (MCD) from “overweight” to “equal weight.”

As of April 3, 2018, Dave & Buster’s (PLAY) was trading at a 12-month forward PE (price-to-earnings) multiple of 14.6x.

In 2017, McDonald’s (MCD) posted adjusted earning per share of $6.66, which represents a rise of 16.6% from $5.71 in 2016.

McDonald’s (MCD) has posted EBIT (earnings before interest and tax) of ~$8.9 billion, which represents an EBIT margin of 38.8%.

In 2017, McDonald’s (MCD) posted revenues of ~$22.8 billion, which represents a fall of 7.3% from ~$24.6 billion in 2016.

As of March 19, 2018, Shake Shack was trading at a forward EV-to-sales multiple of 3.1x compared to 3.6x at the beginning of 2017.

In 2017, Shake Shack (SHAK) posted revenues of $358.81 million, which represents growth of 33.6% from $268.5 million in 2016.

Target price As of March 9, 2018, McDonald’s (MCD) was trading at $157.24. On the same day, analysts were expecting the company’s stock price to reach $187.11 in the next 12 months, which represents a return potential of 19.0%. The fear of customers opting for cheaper menu options with the introduction of McDonald’s new $1 $2 […]

Expectations for 2018 Analysts expect McDonald’s (MCD) to post adjusted EPS (earnings per share) of $7.58 in 2018, which represents 13.6% growth from its EPS of $6.67 in 2017. EBIT (earnings before interest and tax) margin expansion, a lower effective tax rate, and share repurchases are expected to drive the company’s EPS in 2018. In 2018, […]

Revenue expectations In 2018, analysts expect McDonald’s (MCD) to post revenue of $21.1 billion, which represents a fall of 7.7% from its revenue of $22.8 billion in 2017. As part of its optimizing strategy, McDonald’s has been refranchising its company-owned restaurants. The refranchising is expected to lower the company’s revenue in 2018. However, some of […]

In this series, we’ll look at analysts’ revenue and earnings estimates for McDonald’s in the next four quarters.

As of February 23, 2018, Wendy’s (WEN) was trading at $16.88.

The initiatives taken by Wendy’s management to drive SSSG appear to have led to a rise in WEN stock and a higher valuation multiple.

In 4Q17, Wendy’s (WEN) posted EPS of $0.64. After removing one-time or special items, its adjusted EPS was $0.11.

In 4Q17, Wendy’s (WEN) posted EBIT of $70.6 million, which represents an EBIT margin of 22.8%.

Wendy’s (WEN) posted SSSG (same-store sales growth) of 1.3% in the North American region compared to 0.8% in 4Q16.

In 4Q17, Wendy’s (WEN) posted revenue of $309.3 million, which represents a fall of 0.2% from $309.9 million in 4Q16.

Wendy’s (WEN) posted its 4Q17 earnings on February 21, with adjusted EPS of $0.11and revenues of $309.3 million.

On February 16, 2018, Shake Shack was trading at a forward-EV-to-sales multiple of ~2.9x.

In 4Q17, analysts expect Shake Shack (SHAK) to post revenue of $92.9 million, a rise of 26.8% from its revenue of $73.3 million in 4Q16.

Shake Shack (SHAK) is scheduled to announce its 4Q17 earnings after the market closes on February 15, 2018.

As of January 30, McDonald’s (MCD) was trading at $172.48. On the same day, analysts were expecting the company’s stock price to reach $189.32 in the next 12 months, which represents a return potential of 9.8%.

Valuation multiples help investors compare companies with similar business models. For our analysis, we’ve opted for the forward PE (price-to-earnings) multiple due to the high visibility of McDonald’s (MCD) earnings.

McDonald’s (MCD) posted EPS (earnings per share) of $0.87 in 4Q17. However, removing special items, the company’s adjusted EPS stood at $1.71, which represents growth of 18.8% from $1.44 in 4Q16.