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 57.64% over the past year, overperforming other restaurant stocks by 25 percentage points.
Chipotle Mexican Grill has an average 1 year
price target of $3,194.96, a downside of -1.37% from Chipotle Mexican Grill's current stock price of $3,239.23.
Chipotle Mexican Grill stock has a consensus Buy recommendation according to Wall Street analysts. Of the 24 analysts covering Chipotle Mexican Grill, 41.67% have issued a Strong Buy rating, 25% have issued a Buy, 33.33% 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 -38.15% over the past year, underperforming other restaurant stocks by -71 percentage points.
Yum China Holdings has an average 1 year
price target of $49.10, an upside of 29.76% from Yum China Holdings's current stock price of $37.84.
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. Cheesecake Factory (NASDAQ:CAKE)
Cheesecake Factory (NASDAQ:CAKE) is the third best restaurant stock with a Zen Score of 47, which is 16 points higher than the restaurant industry average of 31. It passed 17 out of 38 due diligence checks and has strong fundamentals. Cheesecake Factory has seen its stock return 14.96% over the past year, underperforming other restaurant stocks by -17 percentage points.
Cheesecake Factory has an average 1 year
price target of $39.10, an upside of 3.85% from Cheesecake Factory's current stock price of $37.65.
Cheesecake Factory stock has a consensus Hold recommendation according to Wall Street analysts. Of the 10 analysts covering Cheesecake Factory, 20% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.