Several brokerages have updated their recommendations and price targets on shares of Popeyes Louisiana Kitchen (NASDAQ: PLKI) in the last few weeks:
Popeyes Louisiana Kitchen Inc. (NASDAQ:PLKI) opened at 61.83 on Friday. Popeyes Louisiana Kitchen Inc. has a 12-month low of $49.11 and a 12-month high of $63.00. The company’s 50 day moving average is $54.61 and its 200 day moving average is $55.24. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 31.61 and a beta of -0.11.
Popeyes Louisiana Kitchen (NASDAQ:PLKI) last released its quarterly earnings results on Wednesday, November 9th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.06. Popeyes Louisiana Kitchen had a net margin of 16.19% and a return on equity of 132.85%. The business had revenue of $64 million for the quarter, compared to analyst estimates of $64.92 million. During the same quarter in the previous year, the business earned $0.47 earnings per share. The firm’s revenue was up 4.7% compared to the same quarter last year. On average, equities analysts anticipate that Popeyes Louisiana Kitchen Inc. will post $2.11 earnings per share for the current year.