Trading Report: Today, Recent Investment Analysts’ Ratings Updates for Popeyes Louisiana Kitchen (PLKI)

Today, Recent Investment Analysts’ Ratings Updates for Popeyes Louisiana Kitchen (PLKI)

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.

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