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Best Restaurant Stocks to Buy Now (2024)
Top restaurant stocks in 2024 ranked by overall Zen Score. See the best restaurant stocks to buy now, according to analyst forecasts for the restaurants industry.

Industry: Restaurants
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
CMG
CHIPOTLE MEXICAN GRILL INC
$85.31B$3,105.84$3.22k3.53%Buy2512.32%16.01%N/AN/A
YUMC
YUM CHINA HOLDINGS INC
$13.83B$35.47$49.1038.43%Strong Buy38.40%5.30%N/AN/A
CHUY
CHUY's HOLDINGS INC
$452.12M$26.24$36.4038.72%Buy55.26%N/AN/AN/A
CAKE
CHEESECAKE FACTORY INC
$1.96B$38.46$40.645.66%Hold115.16%54.80%N/AN/A
BLMN
BLOOMIN' BRANDS INC
$1.82B$21.03$27.6731.56%Buy61.09%135.90%N/AN/A
QSR
RESTAURANT BRANDS INTERNATIONAL INC
$21.13B$66.78$86.1128.94%Buy1412.21%-15.14%N/AN/A
KRUS
KURA SUSHI USA INC
$1.12B$99.51$111.5712.12%Buy715.39%422.22%N/AN/A
PZZA
PAPA JOHNS INTERNATIONAL INC
$1.53B$46.55$70.2550.91%Strong Buy81.11%65.20%N/AN/A
RICK
RCI HOSPITALITY HOLDINGS INC
$401.07M$43.01$98.00127.85%Buy1-0.31%211.82%N/AN/A
TXRH
TEXAS ROADHOUSE INC
$11.51B$172.39$163.88-4.94%Buy178.61%3.87%N/AN/A
RAVE
RAVE RESTAURANT GROUP INC
$27.42M$1.88N/AN/AN/AN/AN/AN/AN/AN/A
BROS
DUTCH BROS INC
$6.32B$35.68$39.009.30%Strong Buy719.29%128.52%N/AN/A
MCD
MCDONALDS CORP
$181.66B$252.07$312.9524.15%Strong Buy194.55%5.63%-213.27%19.26%
PTLO
PORTILLO's INC
$731.79M$9.99$15.5055.16%Buy410.07%6.90%N/AN/A
ARCO
ARCOS DORADOS HOLDINGS INC
$2.05B$9.71$15.0054.48%Strong Buy16.66%-17.53%N/AN/A
WING
WINGSTOP INC
$11.34B$385.97$379.50-1.68%Buy1418.07%-20.11%N/AN/A
SBUX
STARBUCKS CORP
$89.21B$78.76$94.3719.82%Buy194.36%8.41%N/AN/A
JACK
JACK IN THE BOX INC
$1.03B$53.07$74.9241.18%Buy13-1.42%28.42%N/AN/A
WEN
WENDY's CO
$3.52B$17.16$20.6920.58%Buy133.56%14.15%N/AN/A
DIN
DINE BRANDS GLOBAL INC
$583.22M$37.86$57.0050.55%Strong Buy61.19%26.73%N/AN/A
NATH
NATHANS FAMOUS INC
$280.25M$68.61N/AN/AN/AN/AN/AN/AN/AN/A
CBRL
CRACKER BARREL OLD COUNTRY STORE INC
$1.07B$48.12$58.8322.26%Sell61.63%95.09%N/AN/A
DRI
DARDEN RESTAURANTS INC
$17.67B$148.05$179.8321.47%Strong Buy184.07%-1.66%N/AN/A
CAVA
CAVA GROUP INC
$10.62B$93.15$81.00-13.04%Strong Buy1115.83%N/AN/AN/A
DPZ
DOMINOS PIZZA INC
$17.76B$509.10$528.383.79%Buy246.75%14.64%N/AN/A
SHAK
SHAKE SHACK INC
$4.00B$94.30$110.4617.14%Buy1312.79%N/AN/AN/A
YUM
YUM BRANDS INC
$37.98B$134.84$145.307.76%Buy108.43%0.52%N/AN/A
SG
SWEETGREEN INC
$3.36B$29.62$27.00-8.85%Buy713.03%N/AN/AN/A
BDL
FLANIGANS ENTERPRISES INC
$52.51M$28.25N/AN/AN/AN/AN/AN/AN/AN/A
SDOT
SADOT GROUP INC
$15.32M$0.28N/AN/AN/AN/A9.66%N/AN/AN/A
BH
BIGLARI HOLDINGS INC
$447.14M$196.50N/AN/AN/AN/AN/AN/AN/AN/A
FWRG
FIRST WATCH RESTAURANT GROUP INC
$1.17B$19.45$26.2034.70%Buy513.16%-11.54%N/AN/A
STKS
ONE GROUP HOSPITALITY INC
$164.95M$5.25$7.6746.04%Strong Buy3114.26%N/AN/AN/A
LOCO
EL POLLO LOCO HOLDINGS INC
$328.41M$10.56$12.0013.64%Hold11.14%N/AN/AN/A
CNNE
CANNAE HOLDINGS INC
$1.14B$18.24$27.0048.03%Buy1-17.82%N/AN/AN/A
BTBD
BT BRANDS INC
$7.87M$1.26N/AN/AN/AN/AN/AN/AN/AN/A
DENN
DENNY's CORP
$362.05M$6.96$11.6367.03%Strong Buy42.73%25.00%N/AN/A
HDL
SUPER HI INTERNATIONAL HOLDING LTD
N/A$20.00N/AN/AN/AN/AN/AN/AN/AN/A
PNST
PINSTRIPES HOLDINGS INC
$114.25M$2.85$6.00110.53%Strong Buy254.97%N/AN/AN/A
CHSN
CHANSON INTERNATIONAL HOLDING
$23.11M$1.86N/AN/AN/AN/AN/AN/AN/AN/A
BJRI
BJS RESTAURANTS INC
$822.15M$35.16$39.6712.82%Hold62.99%5.66%N/AN/A
EAT
BRINKER INTERNATIONAL INC
$3.11B$69.83$54.00-22.67%Buy132.20%15.18%N/AN/A
GENK
GEN RESTAURANT GROUP INC
$365.46M$11.28$13.8322.63%Strong Buy38.57%N/AN/AN/A
FAT
FAT BRANDS INC
$101.51M$5.97N/AN/AN/AN/A19.80%N/AN/AN/A
YOSH
YOSHIHARU GLOBAL CO
$5.25M$3.95N/AN/AN/AN/AN/AN/AN/AN/A
REBN
REBORN COFFEE INC
$10.57M$3.89N/AN/AN/AN/AN/AN/AN/AN/A
BFI
BURGERFI INTERNATIONAL INC
$9.89M$0.36N/AN/AN/AN/AN/AN/AN/AN/A
ARKR
ARK RESTAURANTS CORP
$55.56M$15.42N/AN/AN/AN/AN/AN/AN/AN/A
GTIM
GOOD TIMES RESTAURANTS INC
$28.39M$2.58N/AN/AN/AN/AN/AN/AN/AN/A
NDLS
NOODLES & CO
$83.89M$1.85$3.5089.19%Strong Buy22.81%N/AN/AN/A
RRGB
RED ROBIN GOURMET BURGERS INC
$121.08M$7.73$18.33137.17%Strong Buy3-0.12%N/AN/AN/A
PBPB
POTBELLY CORP
$262.61M$8.80$17.0093.18%Strong Buy3-3.16%N/AN/AN/A
THCH
TH INTERNATIONAL LTD
$185.83M$1.12N/AN/AN/AN/AN/AN/AN/AN/A

Restaurant Stocks FAQ

What are the best restaurant stocks to buy right now in May 2024?

According to Zen Score, the 3 best restaurant stocks to buy right now are:

1. Chipotle Mexican Grill (NYSE:CMG)


Chipotle Mexican Grill (NYSE:CMG) is the top restaurant stock with a Zen Score of 53, which is 22 points higher than the restaurant industry average of 31. It passed 18 out of 33 due diligence checks and has strong fundamentals. Chipotle Mexican Grill has seen its stock return 49.95% over the past year, overperforming other restaurant stocks by 22 percentage points.

Chipotle Mexican Grill has an average 1 year price target of $3,215.36, an upside of 3.53% from Chipotle Mexican Grill's current stock price of $3,105.84.

Chipotle Mexican Grill stock has a consensus Buy recommendation according to Wall Street analysts. Of the 25 analysts covering Chipotle Mexican Grill, 44% have issued a Strong Buy rating, 24% have issued a Buy, 32% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Yum China Holdings (NYSE:YUMC)


Yum China Holdings (NYSE:YUMC) is the second best restaurant stock with a Zen Score of 50, which is 19 points higher than the restaurant industry average of 31. It passed 17 out of 38 due diligence checks and has strong fundamentals. Yum China Holdings has seen its stock lose -37% over the past year, underperforming other restaurant stocks by -65 percentage points.

Yum China Holdings has an average 1 year price target of $49.10, an upside of 38.43% from Yum China Holdings's current stock price of $35.47.

Yum China Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Yum China Holdings, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Chuy's Holdings (NASDAQ:CHUY)


Chuy's Holdings (NASDAQ:CHUY) is the third best restaurant stock with a Zen Score of 48, which is 17 points higher than the restaurant industry average of 31. It passed 15 out of 33 due diligence checks and has strong fundamentals. Chuy's Holdings has seen its stock lose -27.73% over the past year, underperforming other restaurant stocks by -55 percentage points.

Chuy's Holdings has an average 1 year price target of $36.40, an upside of 38.72% from Chuy's Holdings's current stock price of $26.24.

Chuy's Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Chuy's Holdings, 40% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the restaurant stocks with highest dividends?

Out of 21 restaurant stocks that have issued dividends in the past year, the 3 restaurant stocks with the highest dividend yields are:

1. Cracker Barrel Old Country Store (NASDAQ:CBRL)


Cracker Barrel Old Country Store (NASDAQ:CBRL) has an annual dividend yield of 10.81%, which is 8 percentage points higher than the restaurant industry average of 3.1%. Cracker Barrel Old Country Store's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Cracker Barrel Old Country Store's dividend has shown consistent growth over the last 10 years.

Cracker Barrel Old Country Store's dividend payout ratio of 190.5% indicates that its high dividend yield might not be sustainable for the long-term.

2. Dine Brands Global (NYSE:DIN)


Dine Brands Global (NYSE:DIN) has an annual dividend yield of 5.39%, which is 2 percentage points higher than the restaurant industry average of 3.1%. Dine Brands Global's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Dine Brands Global's dividend has not shown consistent growth over the last 10 years.

Dine Brands Global's dividend payout ratio of 36.4% indicates that its high dividend yield is sustainable for the long-term.

3. Bloomin' Brands (NASDAQ:BLMN)


Bloomin' Brands (NASDAQ:BLMN) has an annual dividend yield of 4.56%, which is 1 percentage points higher than the restaurant industry average of 3.1%. Bloomin' Brands's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Bloomin' Brands's dividend has shown consistent growth over the last 10 years.

Bloomin' Brands's dividend payout ratio of 84.7% indicates that its high dividend yield is sustainable for the long-term.

Why are restaurant stocks up?

Restaurant stocks were up 0.92% in the last day, and up 0.13% over the last week. Cava Group was the among the top gainers in the restaurants industry, gaining 5.66% yesterday.

CAVA Group shares are trading higher, rebounding after falling on Wednesday.

What are the most undervalued restaurant stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued restaurant stocks right now are:

1. Rci Hospitality Holdings (NASDAQ:RICK)


Rci Hospitality Holdings (NASDAQ:RICK) is the most undervalued restaurant stock based on WallStreetZen's Valuation Score. Rci Hospitality Holdings has a valuation score of 100, which is 69 points higher than the restaurant industry average of 31. It passed 7 out of 7 valuation due diligence checks.

Rci Hospitality Holdings's stock has dropped -41.47% in the past year. It has underperformed other stocks in the restaurant industry by -69 percentage points.

2. Cracker Barrel Old Country Store (NASDAQ:CBRL)


Cracker Barrel Old Country Store (NASDAQ:CBRL) is the second most undervalued restaurant stock based on WallStreetZen's Valuation Score. Cracker Barrel Old Country Store has a valuation score of 86, which is 55 points higher than the restaurant industry average of 31. It passed 6 out of 7 valuation due diligence checks.

Cracker Barrel Old Country Store's stock has dropped -52.22% in the past year. It has underperformed other stocks in the restaurant industry by -80 percentage points.

3. Bloomin' Brands (NASDAQ:BLMN)


Bloomin' Brands (NASDAQ:BLMN) is the third most undervalued restaurant stock based on WallStreetZen's Valuation Score. Bloomin' Brands has a valuation score of 71, which is 40 points higher than the restaurant industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Bloomin' Brands's stock has dropped -12.88% in the past year. It has underperformed other stocks in the restaurant industry by -40 percentage points.

Are restaurant stocks a good buy now?

50% of restaurant stocks rated by analysts are a buy right now. On average, analysts expect restaurant stocks to rise by 8.37% over the next year.

What is the average p/e ratio of the restaurants industry?

The average P/E ratio of the restaurants industry is 39.63x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.