Burger King owner to buy Popeyes chicken chain for $1.8bn

Not quite, but Burger King just might be willing to chow down on some Popeye's Louisiana Kitchen (NASDAQ:PLKI). Zacks Investment Research gave Popeyes Louisiana Kitchen, Inc. (NASDAQ:PLKI) in a note sent to investors on 14-Feb-17.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. For the week, the stock is performing 11.17%. While the stock price moved along with the volume change, shares are touching $78.99. The total market capitalization remained at $1.63 billion.

While looking at the Stock's Performance, Restaurant Brands International Inc. now shows a Weekly Performance of 7.06%, where Monthly Performance is 18.49%, Quarterly performance is 25.69%, 6 Months performance is 21.31% and yearly performance percentage is 78.62%. Package delivery company, United Parcel Service Inc reported that its it will consider raising prices across the board in coming years to offset pressure on margins, particularly from the rising costs of delivering packages to e-commerce consumers. Not in the sense it was "fake news" like the press release purportedly issued last week by McDonald's saying it was buying out Chipotle Mexican Grill for $570 per share, but rather they didn't believe Restaurant Brands was ready to make an acquisition since it had yet to fulfill the promise of its purchase of Tim Horton's. Vanguard Group Inc. now owns 1,756,915 shares of the company's stock valued at $95,998,000 after buying an additional 14,547 shares in the last quarter.

Price Target is an important factor while doing analysis of a stock. If the company has a ratings score of 1, this would represent a Strong Buy. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of 22.03%. At the time, this indicated a possible downside of -0.13%. Analysts were anticipating Popeyes to report earnings of $2.11 a share on $267.8 million in revenue. The average Popeyes location has $1.4 million in annual revenue. While it's Return on Investment (ROI) value is 0%. 8 have given the stock a Hold rating, 0 as Underperform and 0 as Sell. The stock Jumped 38.66 percent over the past six months. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 13.39% where SMA50 and SMA200 are 16.37% and 26.66% respectively.

He said franchisees' morale can sag, along with their focus on the business, which in the longer term can hurt the company's bottom line. Gross Margin percentage stands at 0% while its Operating Margin for trailing twelve month is 0 percent and Profit margin (ttm) is 0 Percent.

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