Professional
Added to YB: 2024-11-05
Pitch date: 2024-11-05
DNUT [neutral]
Krispy Kreme, Inc.
-64.37%
current return
Author Info
No bio for this author
Company Info
Krispy Kreme, Inc., together with its subsidiaries, produces doughnuts in the United States, the United Kingdom, Ireland, Australia, New Zealand, Mexico, Canada, Japan, and internationally.
Market Cap
$712.6M
Pitch Price
$12.35
Price Target
14.00 (+218%)
Dividend
N/A
EV/EBITDA
10.58
P/E
-1.39
EV/Sales
1.40
Sector
Hotels, Restaurants and Leisure
Category
growth
Morgan Stanley Resumes Krispy Kreme Coverage with Equal-Weight Rating, $14 Price Target
DNUT: Morgan Stanley resumes coverage, EW, $14 PT. McDonald's partnership catalyst for DFD expansion & profit growth. 20%+ EBITDA growth potential by late 2024. Execution risks, leverage & capex concerns. Proof of growth trajectory needed before more positive stance.
Read full article (1 min)