Latest news with #BrianMullan
Business Insider
3 days ago
- Business
- Business Insider
Piper Sandler Remains a Hold on Restaurant Brands International (QSR)
Piper Sandler analyst Brian Mullan maintained a Hold rating on Restaurant Brands International today and set a price target of $70.00. The company's shares closed today at $65.07. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Mullan is a 5-star analyst with an average return of 12.8% and a 62.30% success rate. Mullan covers the Consumer Cyclical sector, focusing on stocks such as Jack In The Box, Starbucks, and The ONE Group Hospitality. In addition to Piper Sandler, Restaurant Brands International also received a Hold from TD Cowen's Andrew Charles in a report issued today. However, on the same day, Barclays maintained a Buy rating on Restaurant Brands International (NYSE: QSR). QSR market cap is currently $30.99B and has a P/E ratio of 23.18. Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QSR in relation to earlier this year. Most recently, in May 2025, Jacqueline Friesner, the SVP, Controller and Principal Accounting Officer of QSR sold 70,000.00 shares for a total of $4,905,600.00.
Yahoo
28-02-2025
- Business
- Yahoo
Why Krispy Kreme Stock Crashed Again Today
Shares of Krispy Kreme (NASDAQ: DNUT) continued to sink on Wednesday after dropping by more than 20% on Tuesday. As of 11:50 a.m. ET, the stock was down by about 8.6%. The doughnut purveyor issued its fourth-quarter report before the opening bell on Tuesday, and on Wednesday morning, multiple Wall Street analysts were issuing downbeat reports and lowering their price targets for its stock. Investing news website The Fly reported that Piper Sandler analyst Brian Mullan cut his price target for the stock by 33% to $12 per share. Morgan Stanley's analysts were more aggressive, slashing their price target in half to just $6 per share. Krispy Kreme missed expectations on the top and bottom lines in Q4, which was bad enough. But even the high end of management's revenue guidance range for 2025 is modestly lower than it booked in 2024. This goes against what analysts had been expecting. The general notion had been that demand for Krispy Kreme is strong, and that the company's moves to expand distribution would lead to growth. Now, growth is apparently off the table for 2025, so analysts are dialing back their price targets. If Krispy Kreme's "hot now" donuts ever come to my hometown, I'll be the first in line to buy a dozen, but as much as I love the product, I appreciate investors' current apprehensions about the stock. The company is carrying a heavy debt load and its profit margins are thin, making growth a crucial component of the investment thesis. It has promise, particularly thanks to its growing partnership with McDonald's. But until Krispy Kreme can deliver greater sales growth, its stock will be unlikely to provide any meaningful gains for shareholders. Before you buy stock in Krispy Kreme, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Krispy Kreme wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $776,055!* Now, it's worth noting Stock Advisor's total average return is 892% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of February 24, 2025 Jon Quast has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Krispy Kreme Stock Crashed Again Today was originally published by The Motley Fool
