dglobalnews.com Burger King Owner Buys Popeyes for $1.8B
Published: Thu, February 23, 2017
Markets | By Armando Jensen

Burger King Owner Buys Popeyes for $1.8B

This Company belongs to Retail-Wholesale sector. (NASDAQ:PLKI) is 39.52. The Average Volume (3 months) is 184.76 Million. (NASDAQ:PLKI)'s stock to Hold with no specific Price Target. The 1-year price target of the company is 65.22. The correct version of this news story can be read at https://baseballnewssource.com/markets/popeyes-louisiana-kitchens-plki-overweight-rating-reaffirmed-at-stephens/454003.html. 8 have given the stock a Hold rating, 0 as Underperform and 0 as Sell.

Popeyes has gained a following among millennials with its focus on Louisiana flavours and fresh spices, Mr. Carter said.

Tuesday brought a fresh set of all-time record highs for the stock market, pushing the Dow, S&P 500, and Nasdaq Composite to unprecedented heights. Analyst had a consensus of $0.42. (NYSE:QSR) reported its EPS in the last quarter as $0.44/Share beating the analyst estimate of $0.42/Share by the difference of $0.02.

For the quarter ending 08/16/2016, The Analyst projected that the company could deliver EPS of 0.47 while the company provided its Actual EPS of 0.47 showing a difference of 0 Percent between the Estimated and Actual EPS. RBI's profit a year ago more than tripled, to $345.6-million from $103.9-million in 2015 while its stock price has jumped more than 90 per cent since it went public in December, 2014, on the Toronto Stock Exchange. The firm had revenue of $64 million for the quarter, compared to analyst estimates of $64.92 million. In addition, Tronox reported continued success in boosting its revenue, and although it reported a modest adjusted loss, CEO Tom Casey pointed to the recovery of the titanium dioxide market as a key event that could help Tronox perform even better in 2017.

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While Looking at Sales Growth (Year/est), the company is now showing a percentage value of 10.5 percent.

UPS is ahead its 52-week low with 16.36%and going down from its 52-week high price with -9.88%. The company's shares were given away at $52.78 per share worth to an income of some $438,074 on account of Lynch Richard.

Deal making in the restaurant industry picked up previous year, with a total of $7.3 billion of acquisitions announced, compared with $4.2 billion in 2015, according to data compiled by Bloomberg. The stock's average true range of stands at 2.68, while the relative strength index is 78.24. PLKI has P/E (Price to Earnings ttm) value of 40.27, Forward P/E of 32.1, P/C (Price to cash per share) of 248.24 and Price to Free Cash Flow (P/FCF) value of 29.31.

This year, the company showed a solid 10.5 percent of growth.

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