|Day Low/High||20.58 / 21.58|
|52 Wk Low/High||17.29 / 30.40|
After a surprisingly solid year for the sector in 2021, a lot of restaurant names are seeing their shares sag amid rising food costs and a shortage of help.
Let's check out the charts of Brinker International, Bloomin' Brands and Darden Restaurants to see how to play their shares.
As America wants to eat out again, here's how Bloomin' Brands can benefit.
The company behind Outback Steakhouse foresees significantly higher commodity costs ahead, which is fast becoming a theme among eateries.
Yet for now, most restaurant stocks are enjoying solid years even as many contend with labor shortages and higher prices for products such as beef.
Even companies that haven't performed particularly well on an operating basis are registering fat stock gains so far in 2021.
Three of the four restaurant operators are worth at least a nibble, but one doesn't look appetizing right now.
As a whole, publicly traded restaurant names are doing better than I would have expected year-to-date.
I wonder which chains may not survive this crisis without having to file for bankruptcy, and whether the crisis will alter the future of company capital structures.
Beef shortages, capital raises, earnings, and a possible proxy fight.
I think the quarantine has gone too far, with unintended consequences that will be tallied later.
I expect that restaurant names will continue to trade like options -- the greater the leverage the more volatile they will be.
After a company reports we all know what's wrong, it's immunized. And that's when you can buy.
The impact of the coronavirus on the cash flow of companies in the restaurant sector is leading to capital-saving moves by several notable names.
It's a better representative of how the market values a company than market cap alone.
As I've stated before, I'm looking for names that are 'stupid cheap', and I'm not sure we're there yet.
With the coronavirus fear as thick as pea soup, many names don't yet qualify as 'stupid cheap'.
Fear is the name of the game here, not reality, and until it abates, all bets are off.
The restaurant operator missed on earnings but doubled its dividend, while the aircraft parts supplier reveals it will be restating results over two years.
Jana Partners indicates its plans to nominate a few director candidates to the restaurant operator's board.
If YUM wanted to go big in casual dining, it could make a play for Dine Brands Global.
The deals that has been taking place in the industry in the last few years are likely to continue.
The best performer year-to-date is small name The Habit Restaurants, courtesy of YUM's January 6th $14 per share offer.
Here's a look back at how my recommendations worked out.
Disney, Qualcomm and Square are among 75 key reports we are watching.
A bunch of beaten-up value names registered double-digit percentage gains last week; we'll see if the rally can continue.