Is there a Popeyes stock price? If you are a lover of chicken, especially the fried kind, you might want to consider buying shares in Popeye’s stock. Not only is Popeye’s delicious, but there is also the potential for big returns down the road. We’ll give you the delicious details below. If you’re hungry now, I’m sorry. We are too.
Unfortunately, you might have a hard time finding the Popeye’s stock price because since it’s de-listed. Luckily in this blog post, I show you how to get a piece of this mouth-watering chicken franchise so you can get some skin in the game.
Is Popeyes Stock Publicly Traded?
- Is there Popeyes stock price for you to look at? Unfortunately, Popeyes is not a publicly traded company. However, you can trade Restaurant Brands International ($QSR) which is the parent company that Popeyes is under. As a result, you can sort of trade Popeyes that way.
The Many Flavors Of Popeyes
If you didn’t know, Popeyes Louisiana Kitchen, Inc. (Popeyes) both operates and franchises quick-service restaurants (QSR’s). Under this umbrella, we have the trade names Popeye’s Louisiana Kitchen and Popeye’s Chicken & Biscuits.
If you’re interested in franchising, you have both domestic and international options. As far as the food choices are concerned, their Louisiana style menu features spicy chicken, fried shrimp and other seafood, chicken tenders, red beans, rice, and other regional items.
Popeyes stock price may not be a thing. But there are other stocks to trade. Like Pinterest. Should you buy Pinterest stock?
Popeyes Wing Span Soars Like “Stocks on the Nasdaq”
Founded in 1973, Popeyes is a multinational fried chicken chain that’s been satisfying diners appetites ever since.
As of December 25, 2016, Popeyes operated and franchised 2,688 restaurants throughout 48 states, the District of Columbia, three territories and 25 foreign countries.
Furthermore, 84% or of the 55 Company-operated restaurants can be found in Louisiana, North Carolina and Tennessee.
Wouldn’t it be nice if you could trade covered calls on Popeyes stock price?
$QSR has had nice algo activity on the 15 min chart where algos have been buying under price, but the stock has been unable to break its dark pool zone (in blue) around 60.00
Popeyes Stock Fast Facts
If you head over to the company’s official website, the estimated startup cost ranges from $235,300 to $454,100. You might want to hold on to your seat for this, that price does not include the real estate and construction expenses.
Based on the type of store you want to build, the prices range even further:
- A stand-alone restaurant costs more than $948,000 to over $1,687,000 at startup
- An in-line restaurant is worth over $604,000 to around $914,000
- If you opt for a conversion restaurant, the initial investment ranges from $698,000 to over $1.1 million
Source Franchise Direct. While there’s on Popeyes stock price, franchising could be a way to get in on this popular company.
Popeyes Key Competitors In 2021
Other companies vying for the top spot in the quick service and franchise food industry market include Yum Brands! (owners of KFC) Chick Fil A, McDonald’s (MCD), Chipolte Mexican Grill (CMG), Texas Roadhouse (TXRH), Jack in the Box (JACK), Domino’s Pizza (DPZ) and Starbucks (SBUX).
Since there’s no Popeyes stock price to trade, the above companies can help you pad your investment account with bear call spreads or shares.
Popeyes Stock Largest Competitor
Popeyes is the second-largest restaurant chain of its kind. Not surprisingly, the mighty Kernel takes top spot operating more than 17,000 restaurants in the United States and internationally.
KFC is part of the Yum! Brands parent company. Yum! Brands, Inc., the world’s largest restaurant company in terms of system restaurants, with more than 40,000 locations in more than 130 countries and territories and employing more than one million associates.
Unfortunately, there’s no KFC or Popeyes stock price to trade a long put option on.
How To Buy Shares In Popeyes?
Unfortunately, Popeyes stock has been delisted and is no longer actively trading on the market. Because of this there is no Popeyes stock price.
Luckily as with KFC, Popeyes is also part of a large brand. If you want to buy Popeyes stock, you will need to purchase shares in their parent company, Restaurant Brands International (NYSE: QSR).
As of April 2020 $QSR stock has some impressive growth scores and an attractive margin of safety percentage. Check out StockRover for the latest research report as a lot has changed since April.
What Is Popeyes Stock Price?
- Because Popeyes stock is no longer actively trading on the stock exchange, there is no single Popeyes stock price. Like I mentioned above, Popeyes is now a division of Restaurant Brands International, which trades on the New York Stock Exchange.
An Overview Of Restaurant Brands International
Restaurant Brands International owns “Quick Service Restaurant” brands, hence the ticker QSR on the NYSE. Under the QSR umbrella, you have the heavy hitters Burger King, Tim Horton’s, and Popeye’s Louisiana Kitchen.
I hasten to add, a mind-boggling 27,000 restaurants operate under the $QSR brand, generating $34 billion in sales each year.
Even though Burger King, Tim Horton’s and Popeyes have been around for 40+ years, RBI is relatively new. It was only back in 2014 that RBI was formed with the merger of Burger King and Tim Horton’s.
Fast forward three years and RBI bought Popeye’s Louisiana Kitchen for $1.6 billion to create its “PLK segment”. PLK is now its fastest-growing segment and continues to carry positive sales momentum despite the challenging market conditions. For proof, look no further than their latest press release dated June 29, 2020:
“And Popeyes continues to demonstrate incredibly strong comparable sales momentum in the U.S. with sales growth remaining in the very high 20’s last week, even as we begin to lap the strongest period of 2019 prior to the national launch of the Chicken Sandwich. Nearly all Popeyes restaurants in our home market are open for takeout and delivery – with dining rooms mostly closed. In mid-June, the team also brought our Chicken Sandwich to Canada in a test market where we have seen really strong demand, giving us optimism that the quality of our sandwich will transcend markets and continue to attract new guests to our brand.”
Popeyes Chicken Sandwich Effect
Even COVID-19 couldn’t stop the sales of Popeyes chicken sandwich. Ever since Popeyes released its chicken sandwich in August, it has reported same-store sales growth that far outpaces its competition.
According to Restaurant Brands International, sales at their Popeyes Louisiana Kitchen restaurants grew 26% in the first quarter of 2020. At the same time, Tim Horton’s’ comparable sales fell 10.3% while Burger King’s dropped 3.7%.
With that kind of growth it’s unfortunate there is no Popeyes stock price. Knowing how to buy shares of stock would help if you could buy Popeyes. But there are many other companies to invest in.
The table above shows the “Chicken Sandwich effect” of 2019. 2020 will be the first full year of Chicken Sandwich sales. (Source: 2019 10-K)
Should You Buy Shares in Restaurant Brands International Because There Is No Popeyes Stock Price?
Considering the fact that legendary investor Warren Buffet holds 8.4 million shares of Restaurant Brands, we might want to pay attention.
Even though Restaurant Brands stock fell almost to its four-year lows amid the pandemic-driven frenzy, it’s since rallied.
Shares in RBI are up approximately 50% since it’s multi-year low on March 18. Popeyes Louisiana Kitchen’s same-store sales soared more than 40%, as of the third full week of May. Fairly bullish price action if you ask us.
Main Takeaway of Popeyes Stock Price
There might be no Popeyes stock pirce but you can trade $QSR. Nothing can guarantee that your stock portfolio thrives.
However, by adding food industry stocks to your portfolio, you can protect some of the wealth that you have already acquired. People need food and can only cut spending on it by so much. To learn more about buying shares in Popeyes or any other company for that matter, you should visit the rest of our blog. If you are new to trading, we have a ton of free online trading courses to get you started on your trading journey.