Research Reports Initiation on Restaurants Stocks -- Wingstop, Jack in the Box, Arcos Dorados, and Zoe's Kitchen
NEW YORK, March 17, 2017 /PRNewswire/ --
On Thursday, March 16, 2017, US markets saw broad based gains with five out of nine sectors finishing the trading sessions in green. Major US indices were mixed at the close of yesterday's session. The NASDAQ Composite ended the day at 5,900.76, up 0.01%; the Dow Jones Industrial Average edged 0.07% lower, to finish at 20,934.55; and the S&P 500 closed at 2,381.38, down 0.16%. This Friday morning, Stock-Callers.com looks at the performance of these four Restaurants stocks: Wingstop Inc. (NASDAQ: WING), Jack in the Box Inc. (NASDAQ: JACK), Arcos Dorados Holdings Inc. (NYSE: ARCO), and Zoe's Kitchen Inc. (NYSE: ZOES). You can access our complimentary research reports on these stocks now at:
http://stock-callers.com/registration
Wingstop
Dallas, Texas headquartered Wingstop Inc.'s stock edged 0.31% higher, to close the day at $26.30. The stock recorded a trading volume of 323,727 shares. Wingstop's shares have gained 29.04% in the past one year. The Company's shares are trading 5.64% and 6.94% below its 50-day and 200-day moving averages, respectively. Shares of the Company, which together with its subsidiaries, franchises and operates restaurants under the Wingstop brand name, are trading at a PE ratio of 49.34. Additionally, the stock has a Relative Strength Index (RSI) of 44.10.
On March 03rd, 2017, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with a decrease of the target price from $33 a share to $26 a share. Visit us today and download your complete report on WING for free at:
http://stock-callers.com/registration/?symbol=WING
Jack in the Box
On Thursday, shares in San Diego, California-based Jack in the Box Inc. ended the session 0.99% higher at $99.89 with a total volume of 990,071 shares traded. Jack in the Box's shares have surged 56.74% in the past one year. Shares of the Company, which operates and franchises Jack in the Box quick-service restaurants and Qdoba Mexican Eats fast-casual restaurants primarily in the US, are trading at a PE ratio of 25.58. The stock is trading 2.23% above its 200-day moving average. Moreover, the Company's shares have an RSI of 49.90.
On February 24th, 2017, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with a decrease of the target price from $119 a share to $110 a share. The complimentary research report on JACK can be accessed at:
http://stock-callers.com/registration/?symbol=JACK
Arcos Dorados
On Thursday, shares in Montevideo, Uruguay-based Arcos Dorados Holdings Inc. recorded a trading volume of 1.84 million shares, which was above their three months average volume of 492,240 shares. The stock ended the day 1.97% higher at $7.75. Shares of the Company, which operates as a franchisee of McDonald's restaurants, are trading at a PE ratio of 25.49. Arcos Dorados Holdings' stock has gained 23.02% in the last one month and 34.78% in the previous three months. Furthermore, the stock has rallied 150.81% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 28.11% and 38.49%, respectively. Furthermore, Arcos Dorados Holdings' shares have an RSI of 85.38. Register for free on Stock-Callers.com and download the PDF research report on ARCO at:
http://stock-callers.com/registration/?symbol=ARCO
Zoe's Kitchen
Plano, Texas-based Zoe's Kitchen Inc.'s stock finished Thursday's session 3.02% higher at $17.37 with a total volume of 345,747 shares traded. The Company's shares are trading below its 50-day and 200-day moving averages by 17.99% and 36.08%, respectively. Shares of Zoe's Kitchen, which through its subsidiaries, develops and operates a chain of fast-casual restaurants, are trading at a PE ratio of 188.80. Additionally, the stock has an RSI of 35.96. Get free access to your research report on ZOES at:
http://stock-callers.com/registration/?symbol=ZOES
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