23.12.2016 13:20:00
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Restaurants Stocks on Investors' Radar -- Yum China, Bloomin' Brands, Dave & Buster's Entertainment, and Zoe's Kitchen
NEW YORK, December 23, 2016 /PRNewswire/ --
The Restaurants space is generally cyclical in nature with consumer spending, as consumers are more willing to spend their money eating out at restaurants when the economy and wages improve. Still, there are a number of dining establishments that have positioned themselves to weather all types of economic cycles and have managed to gain profitability over the long term. Today, Stock-Callers.com has issued research reports on Yum China Holdings Inc. (NYSE: YUMC), Bloomin' Brands Inc. (NASDAQ: BLMN), Dave & Buster's Entertainment Inc. (NASDAQ: PLAY), and Zoe's Kitchen Inc. (NYSE: ZOES) to see how they have fared over the last few trading sessions. Learn more about these stocks by downloading their comprehensive and free reports at:
http://stock-callers.com/registration
Yum China
At the close on Thursday, shares in Shanghai, China headquartered Yum China Holdings Inc. saw a decline of 1.76%, ending the day at $26.16. The stock recorded a trading volume of 1.10 million shares. The Company's shares have advanced 1.99% since the start of this year. The stock is trading below its 50-day moving average by 2.46%. Moreover, shares of Yum China Holdings, which operates as a restaurant company in China, have a Relative Strength Index (RSI) of 43.40.
On November 28th, 2016, research firm CLSA initiated an 'Underperform' rating on the Company's stock, issuing a target price of $30 per share.
On December 22nd, 2016, Yum China announced that it received notice of an unsolicited "mini-tender" offer by TRC Capital Corp. to purchase up to 4,000,000 shares of Yum China's common stock at a price of $26.75 per share in cash. The offer is for approximately 1.0% of the outstanding shares of Yum China's common stock. Yum China stated that it does not endorse TRC Capital's unsolicited mini-tender offer and recommends that stockholders not tender their shares. YUMC complete research report is just a click away and free at:
http://stock-callers.com/registration/?symbol=YUMC
Bloomin' Brands
Shares in Tampa, Florida headquartered Bloomin' Brands Inc. ended the day 2.24% lower at $18.31 with a total trading volume of 562,595 shares. Since the start of this year, the stock has gained 10.13%. The Company's shares are trading above their 50-day and 200-day moving averages by 0.38% and 0.76%, respectively. Furthermore, shares of Bloomin' Brands, which through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants primarily in the US, have an RSI of 44.29. The complimentary report on BLMN can be downloaded at:
http://stock-callers.com/registration/?symbol=BLMN
Dave & Buster's Entertainment
On Thursday, shares in Dallas, Texas-based Dave & Buster's Entertainment Inc. finished 0.83% lower at $56.09 with a total trading volume of 476,901 shares. The stock has advanced 21.62% in the last one month, 34.73% over the previous three months, and 34.38% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 21.35% and 29.71%, respectively. Additionally, shares of Dave & Buster's Entertainment, which owns and operates venues that combine dining and entertainment in North America for adults and families, have an RSI of 71.71.
On December 07th, 2016, research firm Canaccord Genuity reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $52 a share to $60 a share.
On December 06th, 2016, Dave & Buster's reported that total revenues increased nearly 19% to $228.7 million in Q3 2016 from $192.8 million in Q3 2015. The Company's comparable store sales increased 5.9% in the reported quarter compared to an 8.8% increase in Q3 2015. Dave & Buster's Q3 2016 net income increased to $10.8 million, or $0.25 per diluted share in Q3 2016, compared to net income of $4.6 million, or $0.11 per diluted share in Q3 2015. Sign up for your complimentary research report on PLAY at:
http://stock-callers.com/registration/?symbol=PLAY
Zoe's Kitchen
Plano, Texas-based Zoe's Kitchen Inc.'s shares recorded a trading volume of 238,844 shares at the end of yesterday's session. The stock closed the day 4.11% lower at $24.99. The Company's shares are trading above their 50-day moving average by 4.95%. Additionally, shares of Zoe's Kitchen, which through its subsidiaries, develops and operates a chain of fast-casual restaurants, have an RSI of 48.68.
On November 14th, 2016, Zoe's Kitchen's reported total revenue, which includes restaurant sales from Company-owned restaurants and royalty fees, increased 19.4% to $67.3 million in Q3 2016 from $56.4 million in Q3 2015. The company's comparable restaurant sales increased 2.4% during Q3 2016. The Company's net loss for Q3 2016 was $0.3 million, or $0.02 per diluted share, compared to a net loss of $2.3 million, or $0.12 per diluted share, for Q3 2015.
On December 19th, 2016, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $22 a share to $25 a share. Get free access to your research report on ZOES at:
http://stock-callers.com/registration/?symbol=ZOES
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Aktien in diesem Artikel
Bloomin' Brands Inc | 12,40 | -0,80% | |
Dave & Buster's Entertainment Inc | 32,40 | -0,61% | |
Yum China Holdings Inc | 44,70 | -1,28% |