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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
$3,145.88-0.71%-2.69%6.92%21.07%44.76%53.44%136.25%343.75%528.52%$3.26k$1.77k3.50%77.87%0.96194,084-1.70%
YUMC
YUM CHINA HOLDINGS INC
$39.140.80%2.76%5.93%-5.32%-14.62%-36.21%-38.32%-8.34%N/A$62.56$33.5537.44%16.66%0.681,821,823-26.11%
CAKE
CHEESECAKE FACTORY INC
$40.69-0.78%12.84%18.87%16.49%26.52%27.67%-30.93%-14.12%-8.40%$41.25$28.581.36%42.37%1.38960,283-43.06%
QSR
RESTAURANT BRANDS INTERNATIONAL INC
$71.600.24%-2.72%1.10%-7.24%1.12%-2.19%6.12%5.62%N/A$83.29$61.7714.03%15.91%0.872,392,3787.35%
KRUS
KURA SUSHI USA INC
$116.088.80%9.35%5.35%12.62%89.15%78.58%226.99%N/AN/A$122.81$51.025.48%127.52%1.44219,515120.57%
CHUY
CHUY's HOLDINGS INC
$28.191.92%-5.15%-8.62%-20.61%-20.70%-22.89%-34.41%30.33%-11.82%$43.17$27.4034.69%2.88%1.28165,35140.62%
WEN
WENDY's CO
$18.600.98%-4.27%-1.17%0.92%-1.38%-20.78%-19.97%-0.64%130.48%$23.89$17.6422.14%5.44%0.953,217,31118.01%
PZZA
PAPA JOHNS INTERNATIONAL INC
$52.15-0.57%-2.01%-15.53%-28.59%-22.41%-27.64%-45.79%8.26%25.54%$86.38$51.8239.62%0.64%0.74897,250-25.39%
TXRH
TEXAS ROADHOUSE INC
$168.980.29%1.50%12.04%14.41%53.37%53.93%69.54%220.22%594.53%$170.76$91.061.04%85.57%1.06545,781-11.32%
ARCO
ARCOS DORADOS HOLDINGS INC
$10.46-1.04%-5.68%-1.51%-11.13%-8.57%24.52%68.14%72.01%22.87%$13.20$8.3220.76%25.72%1.021,142,394-70.45%
MCD
MCDONALDS CORP
$273.51-0.13%2.08%3.04%-6.34%-0.95%-7.02%18.06%36.76%165.18%$302.39$245.739.55%11.31%0.732,326,892-18.85%
BLMN
BLOOMIN' BRANDS INC
$24.120.29%4.92%-10.73%-8.36%2.07%2.33%-16.74%20.72%11.82%$30.13$22.0319.93%9.49%1.521,411,718-26.54%
BROS
DUTCH BROS INC
$37.780.51%15.18%19.03%37.88%39.41%41.76%N/AN/AN/A$38.41$22.671.64%66.69%1.682,856,752-36.04%
PTLO
PORTILLO's INC
$10.926.23%8.66%-15.55%-22.99%-28.35%-47.68%N/AN/AN/A$23.99$9.9354.48%9.97%1.341,891,71918.28%
RAVE
RAVE RESTAURANT GROUP INC
$1.971.55%6.49%-7.51%3.68%-23.05%18.67%51.54%-13.22%-69.17%$2.64$1.6125.38%22.36%0.8717,851114.17%
WING
WINGSTOP INC
$388.97-0.05%-2.22%4.94%21.83%70.81%93.49%192.00%390.75%N/A$400.99$150.083.00%159.18%1.06300,060-5.34%
RICK
RCI HOSPITALITY HOLDINGS INC
$48.35-0.04%-6.32%-5.05%-15.69%-13.48%-33.22%-38.20%142.96%353.14%$79.46$46.3239.15%4.38%1.5045,779-49.44%
SBUX
STARBUCKS CORP
$75.28-0.55%-0.53%-11.87%-19.24%-29.78%-28.50%-32.17%-4.59%112.24%$107.66$71.8030.08%4.85%1.0610,743,39622.63%
JACK
JACK IN THE BOX INC
$55.253.45%2.70%-9.25%-27.25%-19.48%-42.01%-52.42%-29.92%-0.86%$99.56$52.0144.51%6.23%1.13899,342-1.19%
CBRL
CRACKER BARREL OLD COUNTRY STORE INC
$57.271.22%6.57%-4.69%-19.90%-23.08%-45.99%-64.11%-64.91%-41.18%$116.05$52.3550.65%9.40%1.11936,38815.94%
NATH
NATHANS FAMOUS INC
$68.69-1.38%1.85%5.43%0.99%3.37%-3.63%4.58%5.74%38.43%$83.00$61.3517.24%11.96%0.743,7871.15%
CAVA
CAVA GROUP INC
$77.32-1.67%2.57%23.00%41.53%125.55%N/AN/AN/AN/A$80.34$29.053.75%166.16%2.031,470,7468.56%
DRI
DARDEN RESTAURANTS INC
$151.42-0.24%3.06%-1.76%-6.80%-2.74%-1.14%8.92%27.30%212.27%$176.84$133.3614.37%13.54%1.261,047,780-11.25%
DIN
DINE BRANDS GLOBAL INC
$45.502.48%5.69%4.86%1.56%0.98%-28.78%-54.09%-47.92%-43.12%$69.05$41.7634.11%8.95%1.80304,186-5.05%
SHAK
SHAKE SHACK INC
$101.46-1.33%-3.44%5.11%3.23%67.73%50.89%21.26%66.63%N/A$111.29$52.798.83%92.20%1.40535,7753.19%
DPZ
DOMINOS PIZZA INC
$513.30-0.85%-0.77%5.48%21.68%36.97%70.05%18.58%84.75%617.60%$542.75$285.845.43%79.58%0.55387,622-15.60%
YUM
YUM BRANDS INC
$141.662.40%2.69%2.65%5.28%10.82%2.08%19.39%40.44%89.36%$143.20$115.531.08%22.62%0.782,378,77232.65%
SDOT
SADOT GROUP INC
$0.29-16.67%-4.68%14.46%-24.80%-42.77%-74.09%-76.25%N/AN/A$1.47$0.2280.61%27.23%0.63260,637126.84%
SG
SWEETGREEN INC
$31.78-0.41%34.89%50.12%157.95%221.99%247.70%N/AN/AN/A$34.45$8.647.75%267.82%2.002,277,923-22.96%
BDL
FLANIGANS ENTERPRISES INC
$27.11-1.91%-3.18%9.05%8.88%3.91%-3.42%17.87%11.56%89.32%$34.59$24.4321.62%10.97%0.48700-52.19%
FWRG
FIRST WATCH RESTAURANT GROUP INC
$19.240.47%-9.80%-13.10%-21.21%9.01%13.18%N/AN/AN/A$25.98$15.7725.94%22.00%1.12903,01712.86%
BH
BIGLARI HOLDINGS INC
$215.800.92%3.01%10.63%41.33%46.11%14.59%30.80%100.84%-48.00%$219.00$137.011.46%57.51%0.982,9181.35%
STKS
ONE GROUP HOSPITALITY INC
$5.751.05%4.55%5.89%45.94%23.66%-16.91%-48.43%64.29%N/A$8.02$3.2128.30%79.13%1.3895,736-33.59%
LOCO
EL POLLO LOCO HOLDINGS INC
$11.100.00%5.01%31.21%19.61%27.29%16.47%-37.57%-0.63%N/A$11.99$8.117.42%36.87%0.83223,168-41.02%
CNNE
CANNAE HOLDINGS INC
$21.050.67%4.10%7.07%1.74%18.39%11.73%-42.85%-19.93%N/A$22.99$15.938.44%32.14%1.18379,45135.20%
BTBD
BT BRANDS INC
$1.380.00%-7.38%-21.81%-30.65%-23.33%-49.82%N/AN/AN/A$3.05$1.2554.75%10.40%-0.06358-91.63%
DENN
DENNY's CORP
$8.14-0.37%1.88%-1.33%-12.66%-16.43%-24.00%-53.25%-58.34%22.59%$12.53$7.8335.04%4.03%1.33528,21577.59%
PNST
PINSTRIPES HOLDINGS INC
$2.88-2.04%-7.10%-1.71%1.05%-72.78%-72.04%N/AN/AN/A$16.00$2.7182.00%6.27%0.1230,31876.94%
BFI
BURGERFI INTERNATIONAL INC
$0.40-1.47%-1.47%-4.98%-46.53%-65.13%-66.30%-96.06%-96.08%N/A$2.06$0.3680.53%11.39%0.5274,8206.42%
CHSN
CHANSON INTERNATIONAL HOLDING
$1.67-8.69%-12.11%-12.43%-0.89%-1.76%-11.64%N/AN/AN/A$18.65$1.1091.05%51.82%0.63156,586716.57%
BJRI
BJS RESTAURANTS INC
$37.414.56%9.90%15.00%2.61%22.29%22.82%-34.41%-20.59%29.04%$38.77$21.643.50%72.87%1.64677,89879.61%
TAST
CARROLS RESTAURANT GROUP INC
$9.54-0.10%0.10%0.53%1.06%29.09%95.49%60.88%12.63%48.14%$9.56$4.290.21%122.38%1.373,501,679124.04%
EAT
BRINKER INTERNATIONAL INC
$62.751.05%7.23%38.58%39.82%72.82%67.16%-0.03%54.48%29.12%$63.80$28.231.65%122.28%1.62962,420-45.55%
GENK
GEN RESTAURANT GROUP INC
$12.413.24%22.87%35.04%39.44%70.70%N/AN/AN/AN/A$20.50$5.6139.46%121.21%1.6396,612-45.20%
ARKR
ARK RESTAURANTS CORP
$15.18-4.23%8.43%10.48%7.66%-1.11%-12.68%-25.26%-24.10%-30.21%$18.75$10.2719.04%47.81%0.872,782-72.29%
FAT
FAT BRANDS INC
$5.44-1.45%-27.47%-22.51%-40.42%-8.88%-5.56%-43.63%35.56%N/A$9.48$5.1442.59%5.84%0.7369,416100.44%
YOSH
YOSHIHARU GLOBAL CO
$4.051.00%1.25%11.57%-20.59%19.47%-54.80%N/AN/AN/A$13.86$2.9670.78%36.64%0.374,75511.41%
REBN
REBORN COFFEE INC
$3.811.60%18.32%213.58%94.39%39.87%-41.89%N/AN/AN/A$7.96$0.9252.14%314.13%0.76391,093-29.25%
GTIM
GOOD TIMES RESTAURANTS INC
$2.731.87%-5.21%10.53%13.28%10.08%-0.36%-34.69%20.26%-21.33%$3.57$2.1523.53%26.98%0.8728,52365.11%
NDLS
NOODLES & CO
$2.11-1.86%-1.86%55.72%-15.60%-29.08%-42.35%-82.12%-73.95%-93.33%$3.98$1.1146.98%90.09%1.33162,056-43.10%
PBPB
POTBELLY CORP
$8.800.23%-4.14%-13.81%-29.71%-9.00%6.80%28.65%57.71%-42.41%$14.36$7.1238.72%23.60%0.99125,840-35.20%
RRGB
RED ROBIN GOURMET BURGERS INC
$7.08-2.21%-9.46%18.39%-28.05%-26.02%-45.24%-79.02%-78.98%-88.57%$16.50$5.5657.09%27.34%1.72333,380-9.02%
THCH
TH INTERNATIONAL LTD
$1.12-1.75%-0.88%7.69%-18.25%-34.88%-66.16%-88.42%N/AN/A$3.51$0.8468.09%33.33%0.36320,962267.20%

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 53.44% over the past year, overperforming other restaurant stocks by 22 percentage points.

Chipotle Mexican Grill has an average 1 year price target of $3,194.96, an upside of 1.56% from Chipotle Mexican Grill's current stock price of $3,145.88.

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 -36.21% over the past year, underperforming other restaurant stocks by -67 percentage points.

Yum China Holdings has an average 1 year price target of $49.10, an upside of 25.45% from Yum China Holdings's current stock price of $39.14.

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 27.67% over the past year, underperforming other restaurant stocks by -3 percentage points.

Cheesecake Factory has an average 1 year price target of $40.00, a downside of -1.7% from Cheesecake Factory's current stock price of $40.69.

Cheesecake Factory stock has a consensus Hold recommendation according to Wall Street analysts. Of the 11 analysts covering Cheesecake Factory, 18.18% have issued a Strong Buy rating, 18.18% have issued a Buy, 45.45% have issued a hold, while 0% have issued a Sell rating, and 18.18% 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 9.08%, which is 6 percentage points higher than the restaurant industry average of 2.84%. 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 5.38%, which is 3 percentage points higher than the restaurant industry average of 2.84%. 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 101% 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 4.94%, which is 2 percentage points higher than the restaurant industry average of 2.84%. 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 -37.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are restaurant stocks down?

Restaurant stocks were down -0.17% in the last day, and down -0.67% over the last week. Sadot Group was the among the top losers in the restaurants industry, dropping -16.67% yesterday.

Sadot Group shares are trading lower. The company reported Q1 financial results.

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 55 points higher than the restaurant industry average of 31. It passed 6 out of 7 valuation due diligence checks.

Rci Hospitality Holdings's stock has dropped -33.22% in the past year. It has underperformed other stocks in the restaurant industry by -64 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 71, which is 40 points higher than the restaurant industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Cracker Barrel Old Country Store's stock has dropped -45.99% in the past year. It has underperformed other stocks in the restaurant industry by -77 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 gained 2.33% in the past year. It has underperformed other stocks in the restaurant industry by -29 percentage points.

Are restaurant stocks a good buy now?

48.72% of restaurant stocks rated by analysts are a buy right now. On average, analysts expect restaurant stocks to rise by 5.35% 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 41.55x.
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.