Jefferies Financial Group Weighs in on JUST EAT PLC/ADR’s FY2019 Earnings (OTCMKTS:JSTTY)

JUST EAT PLC/ADR (OTCMKTS:JSTTY) – Research analysts at Jefferies Financial Group lowered their FY2019 earnings estimates for JUST EAT PLC/ADR in a report released on Wednesday, March 20th, Zacks Investment Research reports. Jefferies Financial Group analyst G. Thorne now anticipates that the company will post earnings of $0.05 per share for the year, down from their previous forecast of $0.12. Jefferies Financial Group also issued estimates for JUST EAT PLC/ADR’s FY2020 earnings at $0.13 EPS.

A number of other brokerages also recently commented on JSTTY. Morgan Stanley downgraded shares of JUST EAT PLC/ADR from an “overweight” rating to an “equal weight” rating in a research report on Thursday, March 7th. Barclays downgraded shares of JUST EAT PLC/ADR from an “overweight” rating to an “equal weight” rating in a research report on Thursday, March 7th. Finally, Zacks Investment Research downgraded shares of JUST EAT PLC/ADR from a “hold” rating to a “sell” rating in a research report on Thursday, January 24th.

JSTTY traded up $0.03 on Friday, reaching $4.74. 6,675 shares of the company traded hands, compared to its average volume of 39,141. JUST EAT PLC/ADR has a 52-week low of $3.25 and a 52-week high of $6.01. The company has a market capitalization of $3.34 billion, a PE ratio of 44.64 and a beta of 1.13. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.74 and a current ratio of 0.76.

About JUST EAT PLC/ADR

Just Eat plc, together with its subsidiaries, operates a hybrid marketplace for online food delivery. The company enables consumers to order and pay for food from its restaurant partners. It serves approximately 26 million customers and 100,000 restaurant partners in the United Kingdom, Australia, New Zealand, Canada, Denmark, France, Ireland, Italy, Mexico, Norway, Spain, Switzerland, and Brazil.

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