Restaurants Stocks on Investors' Radar -- Sonic, Texas Roadhouse, Wingstop, and Yum! Brands
NEW YORK, November 1, 2017 /PRNewswire/ --
If you want a Stock Review on SONC, TXRH, WING, or YUM then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On Tuesday, October 31, 2017, US markets saw broad based gains with seven out of nine sectors finishing the trading sessions in green. Major US indices were also bullish at the close of yesterday's session. The NASDAQ Composite ended the day at 6,727.67, up 0.43%; the Dow Jones Industrial Average edged 0.12% higher, to finish at 23,377.24; and the S&P 500 closed at 2,575.26, up 0.09%. This Wednesday morning, DailyStockTracker.com looks at the performance of these four Restaurants stocks: Sonic Corp. (NASDAQ: SONC), Texas Roadhouse Inc. (NASDAQ: TXRH), Wingstop Inc. (NASDAQ: WING), and Yum! Brands Inc. (NYSE: YUM). This morning's free research reports on the aforesaid equities can be accessed upon registration on DailyStockTracker.com at:
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Sonic
On Tuesday, shares in Oklahoma City, Oklahoma headquartered Sonic Corp. recorded a trading volume of 497,169 shares. The stock ended the session 0.79% higher at $25.40. The Company's shares have gained 10.87% in the past twelve months. The stock is trading above its 50-day moving average by 4.27%. Moreover, shares of Sonic, which operates and franchises a chain of quick-service drive-in restaurants in the US, have a Relative Strength Index (RSI) of 55.77.
On October 17th, 2017, research firm Canaccord Genuity reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $24 a share to $25 a share. Visit us today and download your complete report on SONC for free at:
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Texas Roadhouse
Louisville, Kentucky-based Texas Roadhouse Inc.'s stock closed the day 0.79% lower at $50.01 with a total trading volume of 1.45 million shares, which was above their three months average volume of 593.31 thousand shares. The Company's shares have advanced 23.42% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 2.69% and 4.96%, respectively. Additionally, shares of Texas Roadhouse, which together with its subsidiaries, operates full-service casual dining restaurants in the US and internationally, have an RSI of 52.19.
On October 31st, 2017, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $55 a share to $60 a share. The complimentary research report on TXRH can be accessed at:
http://dailystocktracker.com/registration/?symbol=TXRH
Wingstop
Shares in Dallas, Texas headquartered Wingstop Inc. recorded a trading volume of 628,360 shares, which was above their three months average volume of 424.07 thousand shares. The stock ended yesterday's trading session 1.62% higher at $33.87. The Company's shares have advanced 10.36% over the previous three months, 26.57% in the past twelve months, and 14.46% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.84% and 11.68%, respectively. Furthermore, shares of Wingstop, which together with its subsidiaries, franchises and operates restaurants under the Wingstop brand name, have an RSI of 59.19.
On October 13th, 2017, research firm Longbow initiated a 'Neutral' rating on the Company's stock. Register for free on DailyStockTracker.com and download the research report on WING at:
http://dailystocktracker.com/registration/?symbol=WING
Yum! Brands
Louisville, Kentucky headquartered Yum! Brands Inc.'s stock finished Tuesday's session 0.68% lower at $74.45 with a total trading volume of 1.95 million shares, which was above their three months average volume of 1.84 million shares. The Company's shares have advanced 20.00% in the past twelve months and 17.56% since the start of this year. The stock is trading above its 200-day moving average by 5.09%. Additionally, shares of Yum! Brands, which through its subsidiaries, develops, operates, and franchises quick service restaurants, have an RSI of 40.89.
On October 03rd, 2017, research firm Stifel initiated a 'Buy' rating on the Company's stock, with a target price of $88 per share. Get free access to your research report on YUM at:
http://dailystocktracker.com/registration/?symbol=YUM
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