Waitr Holdings (WTRH) Company Overview & Stock Price Forecast
This article provides a brief analysis and stock rating for Waitr Holdings (WTRH) including an updated stock price target. Additional data on the company’s earnings yield, price/earnings ratio, return on invested capital and YTD performance are discussed as well.
Updated October 2021
Waitr Holdings Fundamentals
Stock Price Target: $5.03
In the section below, we discuss the earnings yield, P/E, return on invested capital and YTD performance for Waitr in comparison to the Online Retail industry and the S&P 500.
Waitr Holdings is a Micro-Cap company with a Market Cap of 99.93M.
| Waitr | Online Retail | S&P 500 | T-Bill (10Y) |
|---|---|---|---|
| 11.53% | 2.31% | 2.94% | 1.51% |
The current earnings yield for Waitr is 11.53%, in comparison to 2.94% for the S&P 500 and 1.51% for the 10-year treasury bond. The median earnings yield for the Online Retail industry is 2.31%.
| Waitr | Online Retail | S&P 500 |
|---|---|---|
| NA | 44.41 | 34.01 |
Waitr does not currently have a reported P/E. The P/E for the Online Retail industry is 44.41 and the P/E for the S&P 500 is 34.01.
| Waitr | Online Retail | S&P 500 |
|---|---|---|
| 0.46 | 4.52 | 3.09 |
Waitr is currently trading at a P/S of 0.46. The P/S for the Online Retail industry is 4.52. The P/S for the S&P 500 is 3.09.
| Waitr | Online Retail | S&P 500 |
|---|---|---|
| 1.11 | 18.62 | 4.59 |
Waitr is currently trading at a P/B of 1.11. The P/B for the Online Retail industry is 18.62. The P/B for the S&P 500 is 4.59.
Return on Invested Capital (ROIC)
| Waitr | Online Retail | S&P 500 |
|---|---|---|
| 14.11% | 11.04% | 7.6% |
Waitr’s ROIC is currently 14.11% in comparison to 11.04% for the Online Retail industry and 7.6% for the S&P 500.
| Waitr | Online Retail | S&P 500 |
|---|---|---|
| -69.35% | 2.86% | 16.06% |
The YTD performance for Waitr is -69.35%. The Online Retail industry has a YTD performance of 2.86% in comparison to the YTD S&P 500 performance of 16.06%.
News & Financial Reporting
- Q2 2021 revenue of $49.2 million, compared to $50.9 million in the first quarter of 2021 and $60.5 million in the second quarter of 2020
- Cash and cash equivalents of $60.5 million
- Net loss for the Q2 2021 of $5.6 million, compared to net loss of $3.7 million in Q1 2021
- EBITDA for the Q2 2021 of $2.5 million, compared to $8.3 million in the Q1 2021 and $16.7 million in the Q2 of 2020
- Revenue for Q1 2021 of $50.9 million, compared to $44.2 million in Q1 f 2020 (an increase of 15%)
- EBITDA for Q1 2021 of $8.3 million, compared to $3.7 million in the Q1 2020 (increase of $4.6 million or 121%)
- Adjusted earnings per diluted share for Q1 2021 was $0.01, compared to an adjusted loss per diluted share of $0.03 for Q1 2020
Stock Price Target: $5.03
Company Overview
Waitr operates an online ordering technology platform and mobile app that provides delivery, carryout and dine-in options for customers in cities across the southern United States. The company focuses on bringing tech dining options and infrastructure to underserved populations of restaurants, grocery stores and diners and establishing strong market presence in the markets in which it operates.
The Waitr platforms allow consumers to browse local restaurants and menus, track order and delivery status, and securely store previous orders for ease of use and convenience. Restaurants on the platform benefit from the increased exposure to consumers, for expanded business in the delivery market and carryout sales.
As of December 31, 2020, the company had over 23,000 restaurants, in over 800 cities, on the platforms; average daily orders during the same timeframe were over 39,000.
The company was founded in 2013 and is headquartered in Lafeyette, Louisiana. The current CEO is Carl Grimstad.
Additional Fundamentals
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This material is provided for informational purposes only and is not financial advice. The information contained herein should not solely be used for the formation of an investment decision, whether you are a long term or short term investor.