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McDonald's Once Owned 90% Of Chipotle: Why It Sold Stake Too Early, Missed $73 Billion Opportunity
Wednesday, October 23, 2024 - 11:11am | 950Fast-food giant McDonald's Corporation (NYSE:MCD) is one of the most valuable restaurant companies in the world, valued at more than $225 billion and consistently putting out quarterly results with billions of dollars in revenue. It turns out that the company could have been even more valuable if...
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Cava Group Stock Hits All-Time Highs Post Q2 Earnings: Analyst Says 'Premium Is Justifiable'
Friday, August 23, 2024 - 10:00am | 799Mediterranean fast-casual restaurant company Cava Group (NYSE:CAVA) has more upside with the stock at all-time highs thanks to revenue and unit growth, an analyst says after second-quarter financial results. The CAVA Analyst: Wedbush analyst Nick Setyan reiterated an Outperform rating and raised...
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Small Cap Restaurant Stocks On Sale: 4 Stocks To Buy For 2024, 2 To Avoid
Thursday, December 21, 2023 - 6:31pm | 752Heading into 2024, one analyst points to several small cap restaurant stocks that could be good opportunities for investors with the declining interest rate environment attractive to the restaurant sector. The Restaurant Analyst: Small cap restaurant stocks are trading at a discount to the...
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Cava Group Shares Sizzle In First Day Of NYSE Trading
Thursday, June 15, 2023 - 3:29pm | 835The first restaurant IPO in some time kicked off with a bang Thursday, as shares of Cava Group (NYSE: CAVA) soared from their initial price and saw a surge of interest from traders and investors. What Happened: Mediterranean restaurant chain Cava sold 14.4 million shares at a price of $22 in its...
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5 Food Stocks To Watch Ahead Of This Week's Earnings: DoorDash, Wendy's And More
Monday, November 8, 2021 - 7:46pm | 964The COVID-19 pandemic has been a business-changing event for the restaurant industry and food-related businesses. With the reopening trade providing a lift to some businesses, food stocks could be under watch this week with some that saw business boosts during the pandemic and some that had harder...
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Texas Roadhouse Is A 'Model Of Consistency,' Analyst Says
Wednesday, February 21, 2018 - 3:31pm | 368Texas Roadhouse Inc (NASDAQ: TXRH) reported its fourth quarter results Tuesday, which reinforced the bullish case for owning the stock, according to BMO. The Analyst BMO Capital Markets' Andrew Strelzik maintains an Outperform rating on Texas Roadhouse's stock with a price...
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The 'Time Has Expired' For A Chipotle Turnaround, Mizuho Says In Downgrade
Wednesday, February 7, 2018 - 12:15pm | 740Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) lost more than 10 percent after the company's fourth-quarter earnings report Tuesday failed to impress Wall Street analysts who lowered their ratings on the fast casual restaurant chain. The Analysts Mizuho Securities' Jeremy Scott...
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2 Different Takes On B-Dubs Ahead Of Earnings
Friday, July 7, 2017 - 4:57pm | 500Shares of Buffalo Wild Wings (NASDAQ: BWLD) continue trading near multi-year lows, but could stage a rebound ahead of the company's second-quarter earnings report scheduled for July 26. UBS Sees Upside To $175 Investors remain focused on a few key factors that would support B-Dubs' growth...
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Piper Jaffray On Chipotle: Remain Patient In Owning Shares
Tuesday, June 20, 2017 - 9:39am | 328Chipotle Mexican Grill, Inc. (NYSE: CMG)'s guidance and spending update Monday was encouraging enough for analysts at Piper Jaffray to remain bullish on the company — despite a more than 5-percent decline in the stock in reaction to the announcement. Piper Jaffray's Nicole Miller Regan...
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Does Chipotle's Updated Guidance Change Anything?
Tuesday, June 20, 2017 - 8:24am | 418Chipotle Mexican Grill, Inc. (NYSE: CMG) released a regulatory 8-k filing after Monday's market close to "reaffirm and clarify" certain financial and operating metrics. Chipotle said it still expects food costs for the second quarter to be approximately 34.2 percent of sales. Moreover, marketing...
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Most People Have Never Heard Of The Fastest Growing Restaurant
Tuesday, August 23, 2016 - 2:49pm | 321Ever heard of the restaurant chain Jersey Mike's Subs? If not, you should; it is actually the fastest growing brand in the United States. Bloomberg, citing the trade publication Nation's Restaurant News, reported that Jersey Mike's Subs has more than 1,500 stores open or in development, which is...
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Which Is Healthier: McDonald's Or Chipotle? The Answer Could Surprise You
Thursday, June 9, 2016 - 1:31pm | 331Chipotle Mexican Grill, Inc. (NYSE: CMG) is the healthy alternative to McDonald's Corporation (NYSE: MCD)'s processed, calorie-heavy meals. Right? If you are reading this from Chipotle, chomping on a guacamole-laden bite while thinking your chicken fajita lunch is clearly a healthier choice...
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What Everyone Is Saying About Chipotle After The Earnings Crash
Wednesday, October 21, 2015 - 11:45am | 894Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) plunged more than 7 percent after Wednesday's opening bell. Chipotle reported its third-quarter results on Tuesday. The company earned $4.59 per share, short of the $4.63 analysts were expecting; forward looking guidance also fell short of...
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Bojangles' Prices IPO At $19, High End Of Range
Friday, May 8, 2015 - 9:46am | 346Investors have shown an appetite for restaurant-related stocks, and investors will get their first look at Bojangles' Restaurants, Inc. (NASDAQ: BOJA) on Friday as shares will begin trading for the first time on the stock market. Bojangles' Restaurants has a menu that focuses on traditional...
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Oppenheimer Suggests Chipotle Mexican Grill Is Still A 'Spicy Stock'
Thursday, January 29, 2015 - 11:36am | 200Brian Bittner of Oppenheimer on Thursday suggests that Chipotle Mexican Grill, Inc. (NYSE: CMG) remains a “spicy stock” despite shares trading near all-time highs. “Investors fear the stock could now underperform as comps undeniable slow,” Bittner wrote. “Worries...