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After Sell-Off, Longbow Has An Appetite For Domino's Pizza Stock
Friday, July 28, 2017 - 2:24pm | 406After a recent sell-off in shares, Longbow Research is getting back on board with Domino’s Pizza, Inc. (NYSE: DPZ), upgrading shares to a Buy rating with a $229 price target. Shares of Domino's fell nearly 15 percent since Longbow downgraded the stock last month. At the time, the...
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JAB Buys Panera; Analyst Foresees Near-Term Slowdown In Restaurant M&A
Wednesday, April 5, 2017 - 8:48am | 414JAB Holdings Co., a private European company whose portfolio includes Keurig Green Mountain, Caribou Coffee Co. and Peet’s Coffee & Tea, confirmed Wednesday its imminent acquisition of Panera Bread Co (NASDAQ: PNRA) for $315 per share. At least one analyst thinks the $7.5 billion deal may...
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Longbow Is Now A Believer In Panera 2.0, Upgrades Stock To Buy
Monday, October 10, 2016 - 10:48am | 366Longbow’s Alton Stump believes that while Panera Bread Co (NASDAQ: PNRA)'s Panera 2.0 “got off to a tough start but results improved significantly since mid-2015 and could drive meaningful upside to same-store sales growth forecasts for PNRA over the next 18+ months.” Stump...
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Threat Of Dunkin' Brands Having To Cut Store Growth Strategy 'Looming'
Friday, August 12, 2016 - 12:57pm | 297Longbow Research said Dunkin Brands Group Inc (NASDAQ: DNKN) will be forced to slow store growth soon, potentially as early as 2017, while reiterating its Underperform rating and $34 price target on the stock. "Lack of coffee mix at Dunkin' Donuts restaurants outside of the concept...
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Burger King Channel Checks Looking Good, Restaurant Brands Investors
Tuesday, April 26, 2016 - 10:30am | 293Longbow’s Alton Stump expressed optimism regarding the long-term fundamentals of Restaurant Brands International Inc (NYSE: QSR). Stump maintains a Neutral rating on the company. Burger King The analyst mentioned that checks with Burger King franchisees in the United States suggest that same-...
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Longbow Hikes Whole Foods Rating, Says Comps Not Down As Much As Expected
Friday, February 5, 2016 - 11:08am | 333On Friday, Longbow Research issued a company update on Whole Foods Market, Inc. (NASDAQ: WFM) after an analyst survey indicated the company's comparable sales decreased between 1 and 2 percent, which was a lower decline than expected. Analysts at Longbow upgraded Whole Foods to Neutral; a price...
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Buffalo Wild Wings Soars On Analyst Confidence
Thursday, February 4, 2016 - 5:27pm | 383Analysts were generally optimistic about Buffalo Wild Wings' (NASDAQ: BWLD) chances heading into 2016 after the company reported slacking fourth quarter sales. Bearish analysts saw weakness in the restaurant industry as reason to be hesitant, while others see the wing slinger in a good...
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Time To Ditch Chicken Wings And Buffalo Wild Wings Stock?
Thursday, February 4, 2016 - 10:32am | 381Amid significant volatility, Buffalo Wild Wings (NASDAQ: BWLD) shares have lost 26 percent since August 4. Longbow’s Alton Stump downgraded the rating for the company from Buy to Neutral. The company reported another weak quarter and its deteriorating same-store sales growth profile...
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Chipotle's E. Coli Fallout Hurts It More Than Any Other Publicly-Traded Restaurant, Analyst Warns
Thursday, January 21, 2016 - 10:20am | 283Chipotle Mexican Grill, Inc. (NYSE: CMG) shares have lost 31 percent in six months. Longbow Research’s Alton Stump maintained a Neutral rating for the company. The company could generate lower EPS than consensus projections due to lower comps and higher spending, Stump stated....
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Panera Is Winning From Chipotle's Traffic Drop, New Research Says
Tuesday, December 15, 2015 - 10:31am | 297Shares of Panera Bread Co (NASDAQ: PNRA) have gained 14 percent since November 16, when they were trading at around $167. Longbrow Research’s Alton Stump upgraded the rating on the company to Neutral. Panera is poised to record improved comps from its refranchised platform, besides...
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Longbow Research Downgrades Popeyes, Believes Sales Growth Is Below Expectations
Tuesday, November 10, 2015 - 10:10am | 320The share price of Popeyes Louisiana Kitchen Inc (NASDAQ: PLKI) has declined 11.11 percent over the last three months, touching a low of $52.12 on November 5. Longbow’s Alton Stump has downgraded the rating on the company to Neutral. Latest checks suggest that system-wide same-store...
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Shake Shack's Quarter Was Great, But Valuation Still Holding Back Buyers
Friday, November 6, 2015 - 10:25am | 293Shake Shack Inc (NYSE: SHAK) has seen an 11.18 percent increase in its share price since the low of $39.05 on February 17. Longbow’s Alton Stump has maintained a Neutral rating on the company. Although the company has reported “impressive” Q3 results, the Neutral rating...
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Here's How 'Ugly' Whole Foods' Quarter Really Was
Thursday, November 5, 2015 - 11:36am | 282Whole Foods Market, Inc. (NASDAQ: WFM) shares have declined 42.29 percent year-to-date, touching a low of $29.96 on October 30. Longbow’s Alton Stump has reiterated an Underperform rating on the company, while lowering the price target from $27 to $22. The company reported its 4Q15...
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3 Restaurant Stocks Winning From Low Beef Costs Heading Into Next Year
Monday, November 2, 2015 - 10:03am | 439Alton Stump of Longbow Research commented in a note that beef costs have fallen over the last few quarters and bodes well for the restaurant sector heading into 2016. The analyst singled out Bloomin' Brands Inc (NASDAQ: BLMN), Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB), and Texas...
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Longbow Says It's Time For Doughnuts -- Krispy Kreme Stock Is A Buy
Wednesday, October 14, 2015 - 1:45pm | 365Longbow Research believes Krispy Kreme Doughnuts (NYSE: KKD) currently offers an attractive entry point. The firm believes Krispy Kreme will soon begin to ramp-up store expansions. Longbow estimates that Krispy Kreme could expand to more than 1,500 locations in the next decade. In a new report...