Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Breakfast Technical Briefing on Specialty Eateries Stocks -- Starbucks, Aramark, Shake Shack, and Papa John's

SBUX, ARMK, SHAK, PZZA

PR Newswire

NEW YORK, August 18, 2017 /PRNewswire/ --

If you want a Stock Review on SBUX, ARMK, SHAK, or PZZA then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Companies in the Specialty Eateries space operate limited-service restaurants that serve specialty snack items or nonalcoholic beverages for consumption on-premises, such as bagel shops, coffee shops, doughnut shops, and others. The industry is fragmented: the top 50 companies account for about 45% of revenue. In today's pre-market research, DailyStockTracker.com observes the most recent performances of Starbucks Corp. (NASDAQ: SBUX), Aramark (NYSE: ARMK), Shake Shack Inc. (NYSE: SHAK), and Papa John's International Inc. (NASDAQ: PZZA). Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

Starbucks 

Seattle, Washington-based Starbucks Corp.'s shares declined 0.86%, closing Thursday's trading session at $53.04. The stock recorded a trading volume of 7.35 million shares. Shares of the Company are trading 8.14% below their 200-day moving average. Additionally, shares of Starbucks, which together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide, have a Relative Strength Index (RSI) of 31.17.

On July 27 th, 2017, Starbucks announced entry into a definitive agreement to acquire the remaining 50% share of its East China business from long-term joint venture partners, Uni-President Enterprises Corporation and President Chain Store Corporation, for approximately $1.3 billion in cash consideration in the largest single acquisition in the Company's history. The Company will assume 100% ownership of approximately 1,300 Starbucks stores in Shanghai, Jiangsu, and Zhejiang Provinces, building on the its ongoing investments in China.

On July 28 th, 2017, research firm Stifel downgraded the Company's stock rating from 'Buy' to 'Hold' while revising its previous target price from $66 a share to $58 a share. See our free and comprehensive research report on SBUX at:

http://dailystocktracker.com/registration/?symbol=SBUX

Aramark 

On Thursday, shares in Philadelphia, Pennsylvania-based Aramark recorded a trading volume of 1.19 million shares. The stock dropped 1.12%, ending the day at $38.91. The Company's shares have advanced 6.22% in the previous three months and 8.93% on an YTD basis. The stock is trading above its 200-day moving average by 5.16%. Furthermore, shares of Aramark, which provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally, have an RSI of 33.59.

On August 02 nd, 2017, Aramark's Board of Directors declared a quarterly dividend of $0.103 per share, payable on September 05th, 2017, to shareholders of record at the close of business on August 16th, 2017. ARMK free research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=ARMK

Shake Shack 

New York headquartered Shake Shack Inc.'s stock finished the day 1.39% lower at $31.26 with a total trading volume of 512,458 shares. The stock is trading below their 50-day moving average by 10.79%. Shares of the Company, which owns, operates, and licenses Shake Shack restaurants (Shacks) in the US and internationally, have an RSI of 32.71.

On August 03 rd, 2017, Shake Shack reported its financial results for Q2 ended June 28th, 2017. For Q2 2017, total revenue was $91.3 million; Shack sales were $88.0 million; and same-Shack sales decreased 1.8%. Operating income for the quarter was $11.7 million, net income was $8.2 million, and adjusted EBITDA was $19.4 million.

On August 04 th, 2017, research firm Wedbush reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $43 a share to $40 a share. Sign up for your complimentary report on SHAK at:

http://dailystocktracker.com/registration/?symbol=SHAK

Papa John's 

Shares in Louisville, Kentucky headquartered Papa John's International Inc. ended yesterday's session 0.87% higher at $78.95. The stock recorded a trading volume of 510,169 shares. The Company's shares have advanced 3.94% in the last one month and 0.83% over the previous three months. The stock is trading 3.91% above its 50-day moving average. Moreover, shares of Papa John's International, which operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the US and internationally, have an RSI of 59.66.

On August 07 th, 2017, Papa John's International announced that the Company is taking its Gluten-Free Crust made from Ancient Grains across the US. The new, never-frozen Gluten-Free Crust is made with sorghum, teff, amaranth, and quinoa. A two-topping pizza made with the Company's new Gluten-Free crust is available for only $9.99. The national offering is a direct result of recent pilot testing earlier this year in Los Angeles, Phoenix, St. Louis, Houston, and Nashville. Register for free on DailyStockTracker.com and download the latest research report on PZZA at:

http://dailystocktracker.com/registration/?symbol=PZZA

--

Daily Stock Tracker:  

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

DST has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES :

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you ' re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA