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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
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
CMG
CHIPOTLE MEXICAN GRILL INC
$3,186.972.41%11.08%7.83%37.00%76.42%58.57%116.68%370.89%569.14%$3.20k$1.77k0.41%80.19%0.96334,491-51.17%
BH
BIGLARI HOLDINGS INC
$206.852.73%3.56%10.38%31.01%42.52%18.77%56.79%32.60%-52.77%$218.50$137.015.33%50.97%0.992,353110.84%
YUMC
YUM CHINA HOLDINGS INC
$39.651.56%6.87%1.56%11.69%-23.90%-33.84%-33.84%-11.95%N/A$64.50$33.5538.53%18.18%0.673,036,99528.16%
RICK
RCI HOSPITALITY HOLDINGS INC
$50.57-0.20%-2.07%-8.05%-18.95%-4.04%-30.65%-26.18%119.58%389.55%$79.46$49.3736.36%2.43%1.5122,603-42.25%
QSR
RESTAURANT BRANDS INTERNATIONAL INC
$73.821.03%3.36%-6.14%-3.98%11.11%7.09%11.29%11.07%N/A$83.29$61.7711.36%19.51%0.871,290,4668.58%
BROS
DUTCH BROS INC
$28.59-1.04%-4.60%-13.57%3.96%16.31%-7.15%N/AN/AN/A$36.17$22.6720.96%26.14%1.671,063,344-24.46%
CAKE
CHEESECAKE FACTORY INC
$35.361.36%3.99%2.24%5.35%17.58%9.93%-39.39%-29.42%-20.23%$38.19$28.587.42%23.71%1.38721,128-33.14%
PTLO
PORTILLO's INC
$12.030.25%-0.66%-8.86%-14.07%-19.21%-41.69%N/AN/AN/A$23.99$11.5449.85%4.29%1.35725,365-23.48%
KRUS
KURA SUSHI USA INC
$113.964.25%5.54%1.66%24.86%75.95%72.98%221.10%N/AN/A$122.81$51.027.21%123.36%1.4466,470-25.94%
MCD
MCDONALDS CORP
$273.09-0.91%0.40%-1.98%-6.56%6.75%-5.75%17.55%38.33%172.25%$302.39$245.739.69%11.13%0.743,599,062-13.79%
TXRH
TEXAS ROADHOUSE INC
$157.460.38%4.46%3.44%28.20%66.40%45.33%57.71%159.71%558.00%$159.31$91.061.16%72.92%1.06892,6597.50%
WEN
WENDY's CO
$20.141.61%4.62%10.66%5.01%5.33%-7.91%-9.32%7.36%143.83%$23.90$17.6415.73%14.17%0.956,173,614183.59%
CHUY
CHUY's HOLDINGS INC
$30.331.17%-0.85%-7.11%-9.76%-5.75%-10.61%-30.53%45.61%-20.44%$43.17$29.8029.73%1.78%1.27159,163-1.96%
SBUX
STARBUCKS CORP
$88.250.47%0.73%-2.34%-4.90%-4.77%-20.83%-23.87%13.94%148.84%$115.48$84.2923.58%4.70%1.067,138,2744.59%
PZZA
PAPA JOHNS INTERNATIONAL INC
$63.100.30%0.96%-3.53%-17.45%-0.09%-13.11%-33.45%22.79%42.28%$86.38$60.2426.95%4.75%0.74546,995-0.81%
BLMN
BLOOMIN' BRANDS INC
$26.93-0.22%-0.41%-2.95%2.79%16.03%16.13%-3.51%28.24%27.81%$30.13$22.0310.61%22.24%1.51962,775-2.24%
JACK
JACK IN THE BOX INC
$58.790.60%-1.43%-14.26%-24.37%-2.83%-34.55%-49.02%-23.97%10.55%$99.56$57.6640.95%1.96%1.13296,002-5.19%
ARCO
ARCOS DORADOS HOLDINGS INC
$10.840.84%-0.55%0.93%-15.97%17.32%38.44%105.15%63.60%17.90%$13.20$7.7817.88%39.42%1.02632,65812.24%
WING
WINGSTOP INC
$382.563.42%10.13%3.96%40.03%119.77%91.87%163.67%393.69%N/A$383.98$150.080.37%154.90%1.05484,904-21.34%
CBRL
CRACKER BARREL OLD COUNTRY STORE INC
$59.32-2.26%1.06%-13.89%-22.61%-8.70%-42.14%-64.71%-64.89%-37.31%$116.05$54.8748.88%8.11%1.11481,503-14.51%
NATH
NATHANS FAMOUS INC
$64.620.40%-0.49%-6.50%-11.15%1.81%-9.34%-1.19%-7.16%30.70%$83.00$61.3522.14%5.33%0.743,162-34.06%
RAVE
RAVE RESTAURANT GROUP INC
$2.100.00%2.44%0.48%3.19%-4.55%40.47%52.17%76.47%-63.03%$2.64$1.5020.45%40.00%0.8710,26581.97%
CAVA
CAVA GROUP INC
$69.1610.50%15.90%1.38%51.00%122.09%N/AN/AN/AN/A$71.60$29.053.41%138.07%2.055,817,112120.62%
DPZ
DOMINOS PIZZA INC
$499.070.87%5.39%3.33%19.08%44.26%47.21%24.70%82.52%586.57%$508.44$285.841.84%74.60%0.54955,44846.10%
DRI
DARDEN RESTAURANTS INC
$156.10-0.28%2.36%-4.53%-3.04%9.78%5.10%9.82%28.35%213.08%$176.84$133.3611.73%17.05%1.25886,050-34.46%
SHAK
SHAKE SHACK INC
$104.883.45%11.10%2.44%42.35%90.34%95.89%-6.36%69.24%N/A$110.90$52.645.43%99.24%1.391,189,68466.24%
BTBD
BT BRANDS INC
$1.60-1.84%3.23%-3.03%-26.27%-28.89%-43.86%N/AN/AN/A$3.05$1.4547.54%10.34%-0.07944497.47%
YUM
YUM BRANDS INC
$141.770.15%2.36%5.17%9.82%19.39%2.72%22.55%36.20%82.48%$143.25$115.531.03%22.72%0.781,972,31617.41%
FWRG
FIRST WATCH RESTAURANT GROUP INC
$23.650.08%6.05%-1.99%12.67%38.71%56.62%N/AN/AN/A$25.88$15.378.61%53.92%1.14396,119-30.14%
SG
SWEETGREEN INC
$24.527.73%18.74%0.37%133.75%140.63%232.25%N/AN/AN/A$26.45$7.517.30%226.50%1.973,150,77321.80%
BDL
FLANIGANS ENTERPRISES INC
$27.003.85%8.61%3.16%1.09%-2.21%-1.17%11.94%8.03%86.59%$34.59$24.4321.94%10.52%0.48514-83.93%
DIN
DINE BRANDS GLOBAL INC
$45.17-1.12%4.20%0.51%-2.00%-7.65%-27.52%-50.31%-51.79%-40.00%$69.72$42.0035.21%7.55%1.80259,687-20.02%
SDOT
SADOT GROUP INC
$0.27-0.37%-0.74%-6.57%-14.83%-58.72%-78.23%-84.12%N/AN/A$1.60$0.2283.11%20.54%0.6212,179-82.42%
BJRI
BJS RESTAURANTS INC
$33.440.75%4.17%0.72%-2.39%41.88%17.87%-39.76%-34.42%16.39%$38.77$21.6413.74%54.53%1.63205,158-45.44%
GTIM
GOOD TIMES RESTAURANTS INC
$2.791.82%9.84%12.96%10.28%1.45%6.90%-41.88%22.91%-17.94%$3.57$2.1521.85%29.77%0.8714,795-23.39%
DENN
DENNY's CORP
$8.07-2.18%-1.22%-6.60%-25.69%-5.39%-24.15%-55.38%-57.41%28.71%$12.53$8.0035.59%0.88%1.33759,089162.78%
LOCO
EL POLLO LOCO HOLDINGS INC
$8.916.07%7.09%-2.73%-5.81%8.92%-1.33%-47.18%-29.68%N/A$11.02$8.1119.15%9.86%0.81301,134-73.25%
CNNE
CANNAE HOLDINGS INC
$19.990.91%1.94%-10.08%-2.49%23.47%13.07%-50.64%-21.85%N/A$22.99$15.9313.05%25.49%1.18243,311-14.85%
STKS
ONE GROUP HOSPITALITY INC
$5.211.76%0.39%29.93%15.01%19.22%-31.45%-42.30%70.26%N/A$8.07$3.2135.44%62.31%1.3759,9480.36%
GENK
GEN RESTAURANT GROUP INC
$9.978.37%8.96%-1.19%22.63%13.55%N/AN/AN/AN/A$20.50$5.6151.37%77.72%1.5437,868217.82%
PNST
PINSTRIPES HOLDINGS INC
$3.06-3.16%4.79%-8.11%-21.52%-71.09%-70.38%N/AN/AN/A$16.00$2.7180.88%12.92%0.1130,385113.17%
BFI
BURGERFI INTERNATIONAL INC
$0.38-0.78%-8.15%-38.23%-43.18%-59.73%-62.82%-97.17%-96.25%N/A$2.06$0.3681.41%6.39%0.51116,511-9.43%
EAT
BRINKER INTERNATIONAL INC
$48.831.16%7.96%2.89%23.90%49.33%28.60%-25.27%9.09%0.68%$51.72$28.235.59%72.97%1.621,001,41722.00%
FAT
FAT BRANDS INC
$7.27-3.07%0.55%-4.34%-1.89%19.57%35.38%-20.11%68.52%N/A$9.48$5.1423.27%41.44%0.746,386-60.76%
TAST
CARROLS RESTAURANT GROUP INC
$9.510.00%-0.11%0.11%1.28%70.74%141.37%63.12%-5.09%43.01%$9.54$3.670.31%159.13%1.38378,133-34.76%
ARKR
ARK RESTAURANTS CORP
$13.630.00%-2.64%-0.87%-9.79%-10.21%-22.51%-28.60%-31.88%-36.04%$18.75$10.2727.31%32.72%0.86253-8.66%
PBPB
POTBELLY CORP
$10.63-1.21%1.82%-14.82%-16.63%25.50%-2.03%78.66%16.43%-36.80%$14.36$7.1225.97%49.30%1.00231,87848.97%
THCH
TH INTERNATIONAL LTD
$1.141.79%-7.32%-2.56%-34.48%-29.63%-73.11%-88.26%N/AN/A$4.91$0.8476.78%35.71%0.34106,162-45.56%
REBN
REBORN COFFEE INC
$1.37-1.01%5.08%33.92%-50.95%-58.35%-80.37%N/AN/AN/A$8.80$0.9284.48%48.48%0.6917,546-71.64%
YOSH
YOSHIHARU GLOBAL CO
$3.65-0.82%-8.75%-8.75%-21.00%-12.68%-62.51%N/AN/AN/A$13.86$2.9673.67%23.14%0.389,85864.71%
CHSN
CHANSON INTERNATIONAL HOLDING
$1.892.16%8.00%13.17%61.54%-23.79%22.73%N/AN/AN/A$18.65$1.1089.87%71.82%0.659,40685.78%
RRGB
RED ROBIN GOURMET BURGERS INC
$7.011.59%9.53%-0.71%-32.66%-5.01%-44.85%-79.12%-78.00%-89.24%$16.50$5.5657.52%26.08%1.72317,653-49.56%
NDLS
NOODLES & CO
$1.40-0.36%17.65%-22.22%-48.34%-34.27%-69.89%-86.42%-80.66%-96.17%$5.00$1.1172.02%26.13%1.33105,751-64.93%

Restaurant Stocks FAQ

What are the best restaurant stocks to buy right now in Apr 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 21 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 58.57% over the past year, overperforming other restaurant stocks by 26 percentage points.

Chipotle Mexican Grill has an average 1 year price target of $3,149.96, a downside of -1.16% from Chipotle Mexican Grill's current stock price of $3,186.97.

Chipotle Mexican Grill stock has a consensus Buy recommendation according to Wall Street analysts. Of the 25 analysts covering Chipotle Mexican Grill, 40% have issued a Strong Buy rating, 24% have issued a Buy, 36% 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 return 18.77% over the past year, underperforming other restaurant stocks by -14 percentage points.

3. Yum China Holdings (NYSE:YUMC)


Yum China Holdings (NYSE:YUMC) is the third best restaurant stock with a Zen Score of 50, which is 18 points higher than the restaurant industry average of 32. It passed 17 out of 38 due diligence checks and has strong fundamentals. Yum China Holdings has seen its stock lose -33.84% over the past year, underperforming other restaurant stocks by -67 percentage points.

Yum China Holdings has an average 1 year price target of $54.65, an upside of 37.83% from Yum China Holdings's current stock price of $39.65.

Yum China Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Yum China Holdings, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% 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 8.77%, which is 6 percentage points higher than the restaurant industry average of 2.8%. 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. Ark Restaurants (NASDAQ:ARKR)


Ark Restaurants (NASDAQ:ARKR) has an annual dividend yield of 5.5%, which is 3 percentage points higher than the restaurant industry average of 2.8%. 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.

3. Wendy's Co (NASDAQ:WEN)


Wendy's Co (NASDAQ:WEN) has an annual dividend yield of 4.97%, which is 2 percentage points higher than the restaurant industry average of 2.8%. 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.

Why are restaurant stocks up?

Restaurant stocks were up 1.89% in the last day, and up 7.69% over the last week. Cava Group was the among the top gainers in the restaurants industry, gaining 10.5% yesterday.

CAVA Group shares are trading higher, not seeing company-specific news from today's session. The company recently announced its first Chicago restaurant.

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 86, which is 53 points higher than the restaurant industry average of 33. It passed 6 out of 7 valuation due diligence checks.

Rci Hospitality Holdings's stock has dropped -30.65% in the past year. It has underperformed other stocks in the restaurant industry by -63 percentage points.

2. Good Times Restaurants (NASDAQ:GTIM)


Good Times Restaurants (NASDAQ:GTIM) is the second most undervalued restaurant stock based on WallStreetZen's Valuation Score. Good Times Restaurants has a valuation score of 71, which is 38 points higher than the restaurant industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Good Times Restaurants's stock has gained 6.9% in the past year. It has underperformed other stocks in the restaurant industry by -26 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 38 points higher than the restaurant industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Cracker Barrel Old Country Store's stock has dropped -42.14% in the past year. It has underperformed other stocks in the restaurant industry by -75 percentage points.

Are restaurant stocks a good buy now?

44.74% of restaurant stocks rated by analysts are a buy right now. On average, analysts expect restaurant stocks to rise by 2.88% 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 47.52x.
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.