Avg Daily Volume: 541,914 Market Cap: 2.01B Sector: Services Short Interest: 16.06 |
EARNINGS EXPECTATIONS:
CONSENSUS EPS: .93/share REV: 217/M
___________________________________________________________
LAST QTR: EPS: 1,35/share ESTIMATED: 1.28/share (BEAT)
_____________________________________________________________
NEXT QTR: EPS: 1.02/share REV: 219/M
______________________________________________________
FY19: EPS: 4.26/share REV: 947.4/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 61% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) :5.39, 7.55, 9.47
POTENTIAL JUMP MOVE: 8-10%
Links To Latest News and Headlines
Satisfy Sweet Cravings with the All-New Snickerdoodle Shake, Available for a Limited Time Del Taco Get Del Taco’s Crispy Chicken Tacos 2 for $3 for a limited time. LAKE FOREST, Calif., March 28, 2024 (GLOBE NEWSWIRE) — Del Taco, the nation’s second-largest Mexican quick service restaurant,* has created one Del of a deal spanning all dayparts. For a limited time, the fan-favorite Crispy Chicken Tacos and Egg & Cheese Breakfast Rollers are 2 for $3.† Del Yeah!™ Rewards members can save even more
(Bloomberg) — Four current and former minor league baseball players illegally traded on Jack in the Box Inc.’s $575 million purchase of Del Taco Restaurants Inc., according to the US Securities and Exchange Commission. Most Read from BloombergBiden Gains Ground Against Trump in Six Key States, Poll ShowsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleLondon Insurers Face Baltimore Bridge Payouts Wort
Looking back on traditional fast food stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Yum! Brands (NYSE:YUM) and its peers.
Chains lay off workers and shave hours ahead of a state minimum-wage increase; California fast food workers will earn $20 an hour starting in April.
Jack in the Box’s (JACK) focus on Del Taco expansion and franchising bode well. However, inflationary pressures are a concern.
Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
StockJumpers tranjectory analysis reveals a sell post release with investor sentiment being soft on the news. We were thinking this was a long play but the data suggests otherwise and it looks like they may come in-line on the base metrics but expectations on the forward guide and same store sales may be weak.
We are SHORT on the event.
___________________
TRADE PLAN:
ENTRY: SELL – end of day
STOP LOSS: 5%
TAKE PROFIT: 8%
___________________
UPDATE: (2:32PM) We remain biased short on this event.
POST RELEASE ACTION: They missed on revenue.. but beat on EPS. We remain short with a revised profit target of 5%
[/mepr-show
This area reserved for subscribers to the Options Intelligence Strategy. If this is something you wish to participate in, just let us know below.
NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.