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Beyond Meat Analyst: Attractive Growth Story Takes Back Seat To Valuation Concerns
Friday, January 22, 2021 - 11:13am | 480Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) offers investors an "attractive growth" story, but the valuation makes it difficult to justify buying the stock, according to Longbow Research. The Beyond Meat Analyst: Alton Stump initiated coverage of Beyond Meat with a Neutral...
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The Street Debates Chipotle Mexican Grill's Q2 Results, Digital Sales
Thursday, July 23, 2020 - 3:21pm | 760Casual fast food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported second-quarter results Wednesday that were highlighted by sequentially improving same-store sales metrics in June and July. Here's how the Street reacted. The Chipotle Analysts Longbow Research analyst...
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What The Street Thinks About Shake Shack's Q4 Print, Stock Drop
Tuesday, February 25, 2020 - 3:13pm | 826Shake Shack Inc (NYSE: SHAK) reported fourth-quarter results that fell short of expectations. Management acknowledged it suffered from a "significant slowdown" in its growth business, which contributed to the stock's sell-off. Shake Shack reported quarterly earnings of 6 cents per...
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Longbow Cites Valuation In Domino's Downgrade
Wednesday, December 18, 2019 - 2:11pm | 317Shares of Domino's Pizza, Inc. (NYSE: DPZ) bottomed near $220 in late August but has since recovered to nearly $300 and one analyst is calling for a pause. The Analyst Longbow Research analyst Alton Stump downgraded Domino's from Buy to Neutral with no price target (prior price target of $...
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The Street Debates What's Next For Chipotle
Wednesday, October 23, 2019 - 11:45am | 575Chipotle Mexican Grill, Inc. (NYSE: CMG) reported third-quarter results that exceeded expectations, highlighted by better-than-expected same-store sales growth of 11% versus 9% expected and an increase in net income from $38.2 million last year to $98.6 million. Flawless Quarter Chipotle's...
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Here's What Wendy's Franchisees Told Longbow Analysts About The Breakfast Rollout
Friday, September 13, 2019 - 12:16pm | 348Wendys Co (NASDAQ: WEN) announced this week a major push into breakfast and the corresponding stock reaction to the downside appears to be "unwarranted," according to Longbow. The Analyst Longbow Research analyst Alton Stump maintains a Buy rating on Wendy's stock with an...
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Longbow Turns Hungry For Texas Roadhouse's Stock
Tuesday, May 7, 2019 - 11:33am | 435Shares of restaurant chain Texas Roadhouse Inc (NASDAQ: TXRH) fell notably lower in reaction to its first-quarter print, and investors may want to consider taking advantage of the dip, according to Longbow Research. The Analyst Alton Stump upgraded Texas Roadhouse from Neutral to Buy...
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6 Takeaways From Longbow's Conversation With McDonald's Franchisees
Monday, January 7, 2019 - 1:50pm | 380Current consensus estimates calls for McDonald's Corp (NYSE: MCD) to report a 2.3-percent domestic same-stores sales growth in the fourth quarter, but Longbow's first-hand checks with franchisees suggests the potential for outperformance. The Analyst Longbow Research's Alton Stump...
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Longbow Gains Appetite For Shake Shack After Post-Earnings Pullback
Tuesday, November 6, 2018 - 4:14pm | 451Investors should buy the dip in Shake Shack Inc (NYSE: SHAK) after the restaurant chain's Nov. 1 third-quarter earnings report resulted in a notable stock pullback, according to Longbow Research. The Analyst Analyst Alton Stump upgraded Shake Shack from Neutral to Buy with a new...
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Why Longbow Research Is Bullish On 5 Hotel Stocks
Monday, September 10, 2018 - 10:43am | 599Longbow Research is out bullish on a host of hotel stocks. Choice Hotels Analyst Alton Stump initiated coverage of Choice Hotels International Inc (NYSE: CHH) with a Buy rating and $95 price target in a Friday note. Choice Hotels was the right pick given its "solid...
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Longbow Steps To The Sidelines On Shake Shack
Wednesday, May 23, 2018 - 12:36pm | 358Up more than 60 percent over the past six months, it might be time to stop buying Shake Shack Inc (NYSE: SHAK)'s stock, according to Longbow. The Analyst Longbow Research's Alton Stump downgraded Shake Shack from Buy to Hold. The Thesis Shake Shack's stock has shown strong...
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Longbow Downgrades Texas Roadhouse Ahead Of Q1 Report, Stays Positive On Long-Term Fundamentals
Tuesday, April 17, 2018 - 12:18pm | 387Casual restaurant chain Texas Roadhouse Inc (NASDAQ: TXRH) has seen its stock rally about 35 percent over the last 12 months, making the valuation unattractive, according to Longbow Research. The Analyst Longbow Research analyst Alton Stump downgraded shares of Texas Roadhouse from Buy to...
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Longbow Research: Wendy's Could Fall Short Of Consensus In Q4
Friday, January 12, 2018 - 2:09pm | 454Longbow Research upgraded Wendys Co (NASDAQ: WEN) to Buy in September. Four months later, the firm is reversing its call. The Analyst Longbow Research's Alton Stump downgraded Wendys' stock rating from Buy to Neutral with an $18 price target. The Thesis Conversations with...
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Positive Trends Continue For McDonald's; Time To Buy The Stock?
Thursday, September 28, 2017 - 9:23am | 360Analysts at Longbow Research turned bullish on McDonald's Corporation (NYSE: MCD) after conducting first-hand checks and having conversations with franchisees. The firm's Alton Stump upgraded McDonald's stock rating from Neutral to Buy with a $183 price target. After talking with franchisees, it is...
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Where's The Beat? Channel Checks Suggest Strong Sales At Wendy's
Friday, September 15, 2017 - 9:37am | 401Analysts at Longbow Research turned bullish on fast food chain Wendys Co (NASDAQ: WEN) after conducting first hand checks and conversations with franchisees. Alton Stump upgraded Wendy's stock from Neutral to Buy with a new $18 price target. Following conversations and checks with Wendy's...