The Chart Show: Whitbread, Darktrace, Delivery Hero

TL;DR

Whitbread expects revenue recovery, Darktrace raises full-year guidance, and Delivery Hero forecasts breaking even in the second half of the year.

Transcript

hello and welcome to the chart show i'm victoria scholar and each week i'll be sharing my analysis on three key stories that are getting a lot of attention among investors i'll be breaking them down not just from a fundamentals perspective but with some technical analysis on the charts as well this week's three charts are whitbread dark trace and d... Read More

Key Insights

• 😋 Whitbread expects revenue recovery and has seen an increase in UK sales, but food and beverage sales decreased.
• 🤨 Darktrace has raised its full-year guidance for revenue and margins, with a surge in customer numbers and anticipated organic growth.
• 😀 Delivery Hero forecasts breaking even in the second half of the year after facing challenges in 2021.
• 🫥 Whitbread's stock has been trading in an ascending trend line, indicating potential bullish momentum.
• ❓ Darktrace's stock experienced volatility due to an analyst's sell rating, but a recent rally suggests increased investor interest.
• 🫥 Delivery Hero's stock has been trading in a descending trend line, but its financial forecasts indicate a potential turnaround.
• 🇨🇷 Government lockdown restrictions and sector cost inflation are concerns for Whitbread's performance.

Questions & Answers

Q: What were the key highlights from Whitbread's performance and what are the concerns?

Whitbread reported a recovery in revenues per average room and UK sales, but total food and beverage sales decreased. Concerns include government lockdown restrictions in the German market and expected sector cost inflation.

Q: What factors have contributed to Darktrace's stock volatility?

Darktrace's stock initially surged after its IPO but faced volatility after an analyst initiated coverage with a sell rating. The stock has since seen a rally, but the rating created price fluctuations.

Q: How has Delivery Hero been performing and what is its outlook?

Delivery Hero faced challenges in 2021, shedding around a third of its stock value. However, the company forecasts breaking even in the second half of the year, indicating a potential brighter outlook.

Q: What are the key resistance and support levels for Delivery Hero's stock?

Delivery Hero's stock has been trading in a descending trend line, with the next major support hurdle at around 80. If it holds above this level, resistance can be observed around 98 and near the psychological round number resistance at 100.

Summary & Key Takeaways

• Whitbread expects a recovery in revenues per average room and has seen an increase in UK sales, despite a decrease in total food and beverage sales.

• Darktrace has raised its full-year guidance for revenue and margins, with a significant surge in customer numbers and expected organic growth.

• Delivery Hero forecasts breaking even in the second half of the year after facing challenges in 2021, with recent positive price action and potential brighter outlook.