Is Waitr Holdings A Good Stock?

On average, Wall Street analysts predict that waitr holdings‘s share price could reach $1.88 by Mar 14, 2023 The average Waitr Holdings stock price prediction forecasts a potential upside of 1,150% from the current WTRH share price of $0.15.

Is Waitr publicly traded?

When did Waitr Holding Inc. go public? Waitr Holdings Inc. (f/k/a Landcadia Holdings, Inc.), a publicly traded company formed for the purpose of effecting a business combination, completed its acquisition of Waitr Inc. (f/k/a Waitr Incorporated) on November 15, 2018.

Who owns Waitr holdings?

In 2018, the company was acquired through a $308 million reverse takeover by tilman fertitta‘s Lancadia holdings , which is part of the Fertitta Entertainment portfolio.

Is Waitr undervalued?

(NASDAQ:WTRH) Suggests It’s 46% Undervalued.

Is WTRH undervalued?

Waitr (NASDAQ:WTRH) is undervalued by multiple financial ratio metrics as of close on Friday 16th June 2021 : Price to sales of 0.76. PE of 11.67 when industry peers compared are not producing earnings. Similarly for Price to FCF of 4.21 compared to negative FCF for peers.

Will Waitr be acquired?

Waitr will acquire the company for $90 million in cash and shares in the company It’s one of several acquisitions the company has tackled recently, all of which have been in the payments processing space.

When did WTRH go public?

Company Overview: – which went public in 2016 – in 2018.

Does Tilman Fertitta own Waitr?

Tilman Fertitta owns about 5,000,000 units of Waitr Holdings Inc common stock.

What happened to Waitr?

Waitr owns two food delivery platforms, Waitr and Bite Squad. The company had to write down $192 million in goodwill from the investment in Bite Squad in 2019 after its stock price plummeted. Although the company had shown some recovery in 2020, its 2021 sales and profitability figures are down again.

Will Waitr go up?

The 1 analysts offering 12-month price forecasts for Waitr Holdings Inc have a median target of 2.00, with a high estimate of 2.00 and a low estimate of 2.00 The median estimate represents a +1,198.70% increase from the last price of 0.15.

Who is buying Waitr?

Advocate Staff. Waitr, the Lake Charles-based online restaurant delivery service for customers across Louisiana and into other markets, is being acquired by Texas billionaire Tilman Fertitta in a $308 million deal.

Is Waitr still in business?

About 2,300 drivers were laid off. Waitr’s drivers are now independent contractors. That led to a financial turning point for the company. Waitr, which announced plans last month to rebrand under the name ASAP, closed 2020 with a net income of $15.8 million.

What is Waitr Inc?

Waitr Incorporated develops application software The Company offers a platform for carryout and delivery of food. Waitr serves customers in the United States.

Will Waitr be delisted?

Louisiana-based online food delivery company Waitr Holdings Inc. is facing a possible Nasdaq delisting for the second time since 2019 Waitr also announced that Lake Charles businessman William Gray Stream is leaving the company’s board of directors.

Is Waitr a profitable company?

Lafayette-based food delivery service Waitr posted a profit of $4.6 million in the third quarter , giving the company two consecutive quarters of profitability. The second quarter was the first profitable quarter since Waitr went public in 2018, posting a profit of $10.7 million, or $0.10 per share.

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Who bought delivery dudes?

Waitr has acquired Delivery Dudes, a Florida-based food delivery company, for approximately $23 million in stock and cash, according to a press release. Delivery Dudes operates in small- and medium-sized markets in over 50 cities, mainly located in South Florida.

Who invented Waitr?

chris meaux , founder and chief executive officer of Louisiana-based Waitr, has grown the food delivery company across the Southeast to include more than 9,000 employees.

Is Sundial growers a buy?

Following the Q3 earnings report, Sundial shares experienced a strong rally. However, even though SNDL is worth just over 50 cents and is under pressure to pass the $1-per-share level to remain in compliance with Nasdaq, here are three reasons why buying the stock ahead of earnings could be a good deal.

Is Waitr in memphis tennessee?

MEMPHIS, Tenn., A new food delivery service, Waitr, has launched in the Memphis area and will bring hundreds of jobs to the area. The new service in Memphis follows the app’s debut in nearby cities Arlington and Oakland. According to a release from the company, the expansion is bringing 200 jobs to Memphis.

How did Waitr get started?

Chris Meaux started Waitr after pitching the idea at the Seed Center Business Incubator in Lake Charles A program that director Adrian Wallace says is open to anyone that has a passion and purpose for business.

When was waiter founded?

Waiter.com, the nation’s premier restaurant food delivery service, pioneered the concept of online restaurant ordering back in 1995 when it offered meal options from 60 Silicon Valley restaurants for delivery or takeout.

Citations

https://stocktwits.com/symbol/WTRH
https://www.bloomberg.com/quote/WTRH:US
https://www.cnbc.com/quotes/WTRH
https://www.nasdaq.com/market-activity/stocks/wtrh

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