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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
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
BH
BIGLARI HOLDINGS INC
NYSE
Restaurants
$411.89M$181.017.11%$109.03M0.96x0.42
CMG
CHIPOTLE MEXICAN GRILL INC
NYSE
Restaurants
$74.59B$2,720.301.17%$1.94B61.01x1.63
QSR
RESTAURANT BRANDS INTERNATIONAL INC
NYSE
Restaurants
$24.46B$78.060.45%$1.70B20.43x6.51
KRUS
KURA SUSHI USA INC
NASDAQ
Restaurants
$1.06B$94.90-0.37%$14.61M558.24x0.89
BROS
DUTCH BROS INC
NYSE
Restaurants
$5.41B$30.522.86%$121.55M1,017.33x2.99
YUMC
YUM CHINA HOLDINGS INC
NYSE
Restaurants
$16.77B$41.85-2.56%$2.01B21.03x0.77
CAKE
CHEESECAKE FACTORY INC
NASDAQ
Restaurants
$1.80B$35.20-0.59%$201.70M16.76x7.93
JACK
JACK IN THE BOX INC
NASDAQ
Restaurants
$1.46B$74.720.13%$311.73M13.02x-5.08
MCD
MCDONALDS CORP
NYSE
Restaurants
$210.07B$290.940.07%$13.86B25.02x-12.93
TXRH
TEXAS ROADHOUSE INC
NASDAQ
Restaurants
$10.00B$149.640.03%$499.74M32.82x1.43
PZZA
PAPA JOHNS INTERNATIONAL INC
NASDAQ
Restaurants
$2.34B$71.352.02%$210.53M28.65x-2.87
WEN
WENDY's CO
NASDAQ
Restaurants
$3.76B$18.291.50%$552.05M18.66x15.73
CHUY
CHUY's HOLDINGS INC
NASDAQ
Restaurants
$581.07M$33.52-1.09%$64.78M18.94x0.91
RICK
RCI HOSPITALITY HOLDINGS INC
NASDAQ
Restaurants
$520.77M$55.64-2.25%$67.02M20.01x1.16
SBUX
STARBUCKS CORP
NASDAQ
Restaurants
$104.68B$92.46-0.75%$7.70B24.59x-4.39
BLMN
BLOOMIN' BRANDS INC
NASDAQ
Restaurants
$2.48B$28.451.64%$593.39M10.02x7.36
WING
WINGSTOP INC
NASDAQ
Restaurants
$10.75B$366.510.06%$125.78M155.30x-1.83
ARCO
ARCOS DORADOS HOLDINGS INC
NYSE
Restaurants
$2.47B$11.74-0.68%$459.53M13.65x5.44
CBRL
CRACKER BARREL OLD COUNTRY STORE INC
NASDAQ
Restaurants
$1.50B$67.551.87%$268.84M17.92x3.73
PTLO
PORTILLO's INC
NASDAQ
Restaurants
$1.02B$13.95-2.17%$73.46M41.03x2.87
DRI
DARDEN RESTAURANTS INC
NYSE
Restaurants
$20.78B$174.051.61%$1.67B20.87x4.55
NATH
NATHANS FAMOUS INC
NASDAQ
Restaurants
$291.40M$71.342.19%$33.41M15.34x-2.23
RAVE
RAVE RESTAURANT GROUP INC
NASDAQ
Restaurants
$25.53M$1.75-3.85%$2.98M12.50x0.28
SHAK
SHAKE SHACK INC
NYSE
Restaurants
$4.41B$104.26-2.79%$178.79M204.43x2.56
DPZ
DOMINOS PIZZA INC
NYSE
Restaurants
$15.67B$449.990.62%$929.56M30.40x-1.41
CAVA
CAVA GROUP INC
NYSE
Restaurants
$6.61B$57.97-0.57%$52.63M263.50x0.72
YUM
YUM BRANDS INC
NYSE
Restaurants
$38.98B$138.550.82%$2.48B24.39x-1.79
BTBD
BT BRANDS INC
NASDAQ
Restaurants
$11.56M$1.855.71%-$273.20k-15.42x0.55
BDL
FLANIGANS ENTERPRISES INC
NYSEMKT
Restaurants
$47.08M$25.33-2.58%$11.43M13.55x1.22
FWRG
FIRST WATCH RESTAURANT GROUP INC
NASDAQ
Restaurants
$1.52B$25.460.35%$94.62M68.81x1.17
SG
SWEETGREEN INC
NYSE
Restaurants
$2.06B$18.2611.61%-$23.39M-18.08x0.78
STKS
ONE GROUP HOSPITALITY INC
NASDAQ
Restaurants
$116.34M$3.72-7.69%$25.37M23.25x3.68
DIN
DINE BRANDS GLOBAL INC
NYSE
Restaurants
$731.53M$47.96-2.24%$217.38M7.70x-7.93
SDOT
SADOT GROUP INC
NASDAQ
Restaurants
$16.45M$0.352.92%-$6.08M-1.41x2.99
BJRI
BJS RESTAURANTS INC
NASDAQ
Restaurants
$852.43M$36.482.82%$119.04M43.43x1.89
LOCO
EL POLLO LOCO HOLDINGS INC
NASDAQ
Restaurants
$299.55M$9.09-0.87%$56.77M11.36x1.29
BETS
BIT BROTHER LTD
NASDAQ
Restaurants
$756.31k$3.588.81%-$87.54M-0.01x0.11
DENN
DENNY's CORP
NASDAQ
Restaurants
$478.64M$9.16-0.33%$58.92M25.44x-8.42
GTIM
GOOD TIMES RESTAURANTS INC
NASDAQ
Restaurants
$28.09M$2.515.91%$3.81M2.79x1.84
FAT
FAT BRANDS INC
NASDAQ
Restaurants
$148.25M$8.831.26%$1.43M-1.06x-6.58
CNNE
CANNAE HOLDINGS INC
NYSE
Restaurants
$1.60B$22.030.32%-$334.20M-5.16x0.16
EAT
BRINKER INTERNATIONAL INC
NYSE
Restaurants
$2.07B$46.781.17%$378.80M13.40x-23.93
PNST
PINSTRIPES HOLDINGS INC
NYSE
Restaurants
$148.32M$3.706.02%$19.35M-2.50x-3.94
ARKR
ARK RESTAURANTS CORP
NASDAQ
Restaurants
$50.71M$14.070.64%-$661.00k-8.09x2.34
NDLS
NOODLES & CO
NASDAQ
Restaurants
$111.42M$2.48-1.00%$26.63M-41.33x10.34
YOSH
YOSHIHARU GLOBAL CO
NASDAQ
Restaurants
$5.43M$4.20-3.89%-$3.42M-1.24x4.08
PBPB
POTBELLY CORP
NASDAQ
Restaurants
$412.78M$14.06-0.42%$45.12M82.71x24.21
BFI
BURGERFI INTERNATIONAL INC
NASDAQ
Restaurants
$17.41M$0.65-0.61%-$23.81M-0.33x2.90
CHSN
CHANSON INTERNATIONAL HOLDING
NASDAQ
Restaurants
$21.31M$1.724.88%$2.02M-13.23x2.01
REBN
REBORN COFFEE INC
NASDAQ
Restaurants
$2.45M$1.486.47%-$3.73M-0.56x4.39
TAST
CARROLS RESTAURANT GROUP INC
NASDAQ
Restaurants
$515.53M$9.460.00%$134.44M157.67x7.93
RRGB
RED ROBIN GOURMET BURGERS INC
NASDAQ
Restaurants
$115.01M$7.40-2.37%$71.83M-5.52x-37.30
THCH
TH INTERNATIONAL LTD
NASDAQ
Restaurants
$220.87M$1.330.76%N/A-1.81x-18.82
GENK
GEN RESTAURANT GROUP INC
NASDAQ
Restaurants
$243.40M$7.54-1.18%N/AN/A22.12

Restaurant Stocks FAQ

What are the best restaurant stocks to buy right now in Mar 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 52, which is 20 points higher than the restaurant industry average of 32. It passed 18 out of 33 due diligence checks and has strong fundamentals. Chipotle Mexican Grill has seen its stock return 80.74% over the past year, overperforming other restaurant stocks by 74 percentage points.

Chipotle Mexican Grill has an average 1 year price target of $2,573.00, a downside of -5.41% from Chipotle Mexican Grill's current stock price of $2,720.30.

Chipotle Mexican Grill stock has a consensus Buy recommendation according to Wall Street analysts. Of the 19 analysts covering Chipotle Mexican Grill, 42.11% have issued a Strong Buy rating, 26.32% have issued a Buy, 31.58% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Biglari Holdings (NYSE:BH)


Biglari Holdings (NYSE:BH) is the second best restaurant stock with a Zen Score of 52, which is 20 points higher than the restaurant industry average of 32. It passed 16 out of 33 due diligence checks and has strong fundamentals. Biglari Holdings has seen its stock lose -0.54% over the past year, underperforming other restaurant stocks by -7 percentage points.

3. Kura Sushi Usa (NASDAQ:KRUS)


Kura Sushi Usa (NASDAQ:KRUS) is the third best restaurant stock with a Zen Score of 48, which is 16 points higher than the restaurant industry average of 32. It passed 16 out of 33 due diligence checks and has strong fundamentals. Kura Sushi Usa has seen its stock return 37.38% over the past year, overperforming other restaurant stocks by 31 percentage points.

Kura Sushi Usa has an average 1 year price target of $86.00, a downside of -9.38% from Kura Sushi Usa's current stock price of $94.90.

Kura Sushi Usa stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Kura Sushi Usa, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 23 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 7.7%, which is 5 percentage points higher than the restaurant industry average of 2.6%. 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 137.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Wendy's Co (NASDAQ:WEN)


Wendy's Co (NASDAQ:WEN) has an annual dividend yield of 5.47%, which is 3 percentage points higher than the restaurant industry average of 2.6%. Wendy's Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Wendy's Co's dividend has shown consistent growth over the last 10 years.

Wendy's Co's dividend payout ratio of 102% indicates that its high dividend yield might not be sustainable for the long-term.

3. Ark Restaurants (NASDAQ:ARKR)


Ark Restaurants (NASDAQ:ARKR) has an annual dividend yield of 5.33%, which is 3 percentage points higher than the restaurant industry average of 2.6%. Ark Restaurants's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Ark Restaurants's dividend has not shown consistent growth over the last 10 years.

Ark Restaurants's dividend payout ratio of -39.5% indicates that its high dividend yield might not be sustainable for the long-term.

Why are restaurant stocks up?

Restaurant stocks were up 0.89% in the last day, and up 1.69% over the last week.

We couldn't find a catalyst for why restaurant stocks are up.

What are the most undervalued restaurant stocks?

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

1. Jack In The Box (NASDAQ:JACK)


Jack In The Box (NASDAQ:JACK) is the most undervalued restaurant stock based on WallStreetZen's Valuation Score. Jack In The Box has a valuation score of 86, which is 52 points higher than the restaurant industry average of 34. It passed 6 out of 7 valuation due diligence checks.

Jack In The Box's stock has dropped -14.39% in the past year. It has underperformed other stocks in the restaurant industry by -21 percentage points.

2. Wendy's Co (NASDAQ:WEN)


Wendy's Co (NASDAQ:WEN) is the second most undervalued restaurant stock based on WallStreetZen's Valuation Score. Wendy's Co has a valuation score of 71, which is 37 points higher than the restaurant industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Wendy's Co's stock has dropped -15.91% in the past year. It has underperformed other stocks in the restaurant industry by -22 percentage points.

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


Cracker Barrel Old Country Store (NASDAQ:CBRL) is the third most undervalued restaurant stock based on WallStreetZen's Valuation Score. Cracker Barrel Old Country Store has a valuation score of 71, which is 37 points higher than the restaurant industry average of 34. It passed 5 out of 7 valuation due diligence checks.

Cracker Barrel Old Country Store's stock has dropped -39.07% in the past year. It has underperformed other stocks in the restaurant industry by -46 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 fall by -1.34% 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 45.64x.
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.