Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
No matching data
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Enjoy exciting activities, right here at FastBull.
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
View All
No data
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Log In
Sign Up
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
In a creative move to support job seekers, Pizza Hut, a subsidiary of Yum! Brands, Inc. , has launched ‘ResZAmes’ during New York City’s “September Surge” hiring season.
What Happened: Pizza Hut has rolled out ‘ResZAmes’ to assist job seekers in New York City during the ‘September Surge’ hiring season, the fast food chain announced in a press release on Wednesday.
This initiative allows job applicants to print their resumes on Pizza Hut’s iconic pizza boxes and deliver them to potential employers. The unique approach aims to help job seekers stand out in a competitive market.
During the ‘September Surge,’ a period marked by increased job opportunities at the start of the fourth quarter, Pizza Hut is leveraging its delivery service to help applicants grab employers’ attention.
Each ResZAmes pizza box will include a medium-sized cheese pizza, ensuring the resume is hard to ignore. The service is available for free, and submissions are open at ResZAmes.com until Sept. 22.
“We know finding a job can be daunting especially during this key hiring season, so we wanted to lend a hand to our job-seeking customers and help them break through the clutter,” said Melissa Friebe, Pizza Hut’s Chief Marketing Officer.
See Also: Trump Vs Harris: New Poll Reveals Post-Debate Swing Towards This Candidate In Key State
Why It Matters: The launch of ‘ResZAmes’ comes at a crucial time for Yum! Brands, Inc. The company recently reported mixed second-quarter results, with total revenues rising 4% to $1.763 billion but missing the consensus of $1.805 billion.
Despite this, the company saw a 6% increase in GAAP operating profit and a 10% growth in core operating profit, as highlighted by CEO David Gibbs in August.
Moreover, the fast-food industry is witnessing a surge in technological advancements aimed at improving efficiency. For instance, Chipotle Mexican Grill recently introduced the ‘Autocado’ robot to streamline guacamole preparation at select California locations.
Read Next:
Image via Unsplash
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Investors looking for stocks in the Retail - Restaurants sector might want to consider either Cracker Barrel Old Country Store (CBRL) or Chipotle Mexican Grill (CMG). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.
Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Currently, Cracker Barrel Old Country Store has a Zacks Rank of #2 (Buy), while Chipotle Mexican Grill has a Zacks Rank of #4 (Sell). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that CBRL is likely seeing its earnings outlook improve to a greater extent. But this is just one piece of the puzzle for value investors.
Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
CBRL currently has a forward P/E ratio of 12.68, while CMG has a forward P/E of 53.21. We also note that CBRL has a PEG ratio of 1.04. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. CMG currently has a PEG ratio of 2.41.
Another notable valuation metric for CBRL is its P/B ratio of 2.11. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, CMG has a P/B of 21.27.
These metrics, and several others, help CBRL earn a Value grade of A, while CMG has been given a Value grade of F.
CBRL sticks out from CMG in both our Zacks Rank and Style Scores models, so value investors will likely feel that CBRL is the better option right now.
Zacks Investment Research
El Pollo Loco Holdings, Inc. LOCO stock has shown remarkable performance in the past six months, outperforming the S&P 500 and the industry. In the same time frame, LOCO has surged 62.5% compared with the industry’s 2.3% increase and the S&P 500’s 9.3% rise. The company is focused on repositioning itself for growth under the leadership of CEO Liz Williams. Williams, who has been in her role for about six months, is undertaking efforts to modernize the brand and improve unit-level margins.
As of Friday, the stock closed at $13.60, below its 52-week high of $14.25 but above its 52-week low of $8.11. It also outperformed other industry players like Chipotle Mexican Grill, Inc. CMG, up 1.2%, Restaurant Brands International Inc. QSR, down 14.1%, and Brinker International, Inc. EAT, up 49.5% in the past six months.
Stock Price Performance
Technical indicators suggest continued strong performance for LOCO. The stock is trading above its 50-day moving averages, signaling robust upward momentum and price stability. This technical strength underscores positive market sentiment and confidence in LOCO's financial health and prospects.
50-Day Moving Averages
Factors Favoring LOCO Stock Surge
The company is benefiting from an increase in system-wide comparable restaurant sales. In the fiscal second quarter, LOCO reported a 4.5% increase in system-wide comparable restaurant sales, driven by their iconic Fire-Grilled Chicken, focus on value offerings and consistent operations.
El Pollo Loco is taking a strategic approach to its cost-saving measures, ensuring that food quality and customer experience are enhanced throughout the process. The company made strategic hires, including a new chief development officer, to streamline operations and reduce unit build costs. These efforts are expected to improve franchise growth and financial performance in the coming years. A new prototype design is expected to reduce the unit build cost to $1.8 million, which will further fuel franchise growth in 2025.
By leveraging fresh leadership perspectives and the expertise of long-standing team members, LOCO aims to realize the benefits of these initiatives by fourth-quarter 2024. These savings are expected to help balance the investments being made. With the progress achieved so far and a clear plan for the year ahead, the company is optimistic about reaching 18% restaurant contribution margins by 2025, strengthening its confidence in sustainably achieving 18-20% margins in the future.
El Pollo Loco relaunched its fire-grilled burritos and introduced new creamy chipotle sauce and queso blanco at competitive price points, enhancing the value perception of its menu. This contributed to positive feedback and sales growth.
To drive growth, a new chief development officer and franchisee development incentives were introduced, to accelerate expansion in 2025. Management is committed to building a strong franchise pipeline and proving the brand’s geographic scalability.
Estimate Revision Favoring the LOCO Stock
Reflecting the positive sentiment around LOCO, the Zacks Consensus Estimate for earnings per share has seen upward revisions. In the past 60 days, analysts have raised their estimates for the current and next fiscal by 12.7% to 80 cents and 14.1% to 89 cents, respectively.
LOCO Trading at a Discount
The company is currently valued at a discount compared with the industry on a forward 12-month P/E basis. LOCO’s forward 12-month price-to-earnings ratio stands at 15.7, significantly lower than the industry’s ratio of 24.57 and the S&P 500's ratio of 21.45.
P/E (F12M)
Conclusion
Despite the stock's impressive gain in the past six months, investors can still consider buying the stock. Strategic leadership under Williams and successful cost-saving initiatives are expected to improve margins and boost franchise growth. With the company's forward-thinking approach, including new menu innovations and unit-build cost reductions, along with upward revisions in earnings estimates and a favorable P/E valuation compared with the industry, the Zacks Rank # 2 (Buy) company presents a compelling opportunity for long-term growth at a discounted price.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks Investment Research
White Label
Data API
Web Plug-ins
Poster Maker
Affiliate Program
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.