Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on JUST EAT PLC. We currently have 11 research reports from 1 professional analysts.
|30Nov16 04:35||RNS||Total Voting Rights|
|18Nov16 05:45||RNS||TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES|
|15Nov16 01:32||RNS||TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES|
|11Nov16 05:39||RNS||TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES|
|10Nov16 04:32||RNS||TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES|
|08Nov16 09:25||RNS||TR-1 Notification of Major Interest in Shares|
|04Nov16 05:35||RNS||TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES|
Frequency of research reports
Research reports on
JUST EAT PLC
JUST EAT PLC
Panmure Morning Note 02-11-2016
02 Nov 16
Just Eat, the leading digital marketplace for takeaway food delivery, has issued an order update for the three months to 30th September 2016. With UK and total order growth in-line with our expectations, we leave our FY2016 estimates unchanged and reiterate our Buy recommendation and PT of 734p
Just getting going
23 Sep 16
Just Eat is the leading digital marketplace for takeaway food delivery and has benefitted from a significant first-mover advantage. The company has disposed of its non-core assets and is now fully focused on building bigger and better businesses in its remaining territories. Management has demonstrated successful strategy execution and discipline to date and we believe that the right people are in place to drive significant profitability improvements going forward. We therefore retain our Buy recommendation but increase our price target from 641p to 734p.
GENERAL RETAILERS FLASH - JUST EAT
03 May 16
Just Eat has made a strong start to FY2016 with total orders increasing +57% (+41% LFL) through the first quarter over the comparative period. This update should help mitigate negative sentiment and provide a catalyst for the stock to realise its fundamental worth. We therefore retain our BUY recommendation and PT of 641p.
Bears put in their place
01 Mar 16
Just Eat put the bears back in their place this morning, delivering a strong set of numbers in FY2015 and raising guidance for FY2016. Many people questioned the stock as the share price trended downwards, but our faith in the underlying economics of this business model has today been justified, in our view. We therefore retain our bullish stance on the stock with a firm belief that there is a large disparity between fundamental worth and the prevailing market price.
Panmure Research - Just Eat Flash 01-02-16
01 Feb 16
Investors should not be deterred by the recent under-performance of the stock and the bearish stance taken by other brokers, in our view. If ever there was an opportunity to take advantage of market inefficiencies and buy a high quality asset at a significant discount to its intrinsic worth then this is it. We continue to believe in this stock and its long-run potential and continue to believe that its fundamental worth is 641p per share, a 76% premium over the prevailing market price.
Panmure Research - Conviction List 2016 (06-Jan-2016)
06 Jan 16
The Panmure Gordon Conviction List returned 23.3% in 2015; this was set against the DS All Share that returned -2.3% over the same period. This represents the 14th period out of 16 where the Conviction List has outperformed the market benchmark and means that a reinvested Conviction List would have returned 175% since its inception in 2010 against the DS All Share that returned 20%. Top long performers in 2015 were Ryanair, Avacta Group, Bovis Homes, Informa and Micro Focus, while the best short ideas were Petra Diamonds, Fenner, Rolls-Royce, Majestic Wine and Vesuvius.
N+1 Singer - Morning Song 30-11-2016
30 Nov 16
Sanderson has delivered full year results in line with expectations and the 19 October trading update after a strong finish to the year compensated for a slower start. A healthy level of pre-contracted recurring revenue (50%), incremental sales to existing customers and new customer wins at higher average order values helped deliver solid revenue growth in both the Digital Retail (+9%) and Enterprise (+12%) divisions. A decent order book and good sales momentum suggest that the company is on track to deliver on unchanged profit expectations for the current year. We continue to view the valuation (FY17 EV/EBITDA 8.6x) as undemanding given an attractive combination of accelerating growth potential, strong cash generation and growing dividends.
30 Nov 16
Abzena (ABZA): Interim results indicate happy customers (BUY) | Horizonte Minerals* (HZM): Fund raise completed (CORP) | SacOil* (SAC): Half-year trading statement (CORP) | Revolution Bars (RBG): New openings (BUY) | Amino Technologies* (AMO): Multi operator FUSION roll out (CORP)
N+1 Singer - Marston's - Delivering growth and standing out from the pack
30 Nov 16
Marston’s is our solitary positive stock pick in the sub-sector. Recent finals reflected a year of further strategic, LFL and earnings progress. We believe it is operationally in a strong shape to make further solid progress in FY17, not least as it does not have the acquisition integration or turnaround issues confronting GNK, MAB and RTN. Moreover, it is relatively better positioned to manage the cost headwinds. We forecast 11% TSR returns in FY17 and feel the shares with a 5.5% historical yield and 12% FCF yield (FY17e) are oversold. We are buyers with a revised 12m TP of 150p.
05 Dec 16
These interims show LPEs by is ahead of its plan to recruit 360 LPEs by April 2017 and is making impressive progress in Australia. The statement (and we expect the results presentation) provide considerable evidence of Purplebricks’ progress in building its brand, increasing its LPE footprint, developing its technology, creating engaging marketing and selling properties. We leave our forecasts unchanged. Investor confidence in Purplebricks’ ability to deliver sustainable profitable growth should result in share price appreciation towards a valuation based on its results for the year ended April 2019.