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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
BH
BIGLARI HOLDINGS INC
United States
$454.49M2,275,50417.70%82.30%Net BuyingNet Buying
CMG
CHIPOTLE MEXICAN GRILL INC
United States
$78.67B27,421,16985.35%14.65%Net SellingNet Selling
YUMC
YUM CHINA HOLDINGS INC
United States
$14.87B400,758,80175.68%13.05%Net SellingNet Selling
RICK
RCI HOSPITALITY HOLDINGS INC
United States
$483.33M9,359,68543.72%45.97%Net SellingNet Buying
QSR
RESTAURANT BRANDS INTERNATIONAL INC
Canada
$22.38B313,350,08682.90%3.76%Net SellingNet Selling
TXRH
TEXAS ROADHOUSE INC
United States
$10.07B66,828,11386.92%13.08%Net SellingNet Selling
BROS
DUTCH BROS INC
United States
$5.31B177,148,03251.32%16.95%Net SellingNet Selling
CAKE
CHEESECAKE FACTORY INC
United States
$1.74B51,115,06186.94%2.35%Net SellingNet Selling
MCD
MCDONALDS CORP
United States
$196.39B722,051,48870.39%0.24%Net SellingNet Selling
PTLO
PORTILLO's INC
United States
$885.51M73,122,59061.15%35.70%Net SellingNet Selling
PZZA
PAPA JOHNS INTERNATIONAL INC
United States
$2.05B32,767,07381.76%18.24%Net SellingNet Selling
KRUS
KURA SUSHI USA INC
United States
$1.21B11,230,71359.71%0.27%Net BuyingNet Selling
WEN
WENDY's CO
United States
$3.96B205,466,01659.78%40.22%Net SellingNet Selling
CHUY
CHUY's HOLDINGS INC
United States
$530.28M17,335,06239.37%60.63%Net SellingNet Selling
SBUX
STARBUCKS CORP
United States
$99.19B1,132,200,00072.20%2.64%Net SellingNet Selling
BLMN
BLOOMIN' BRANDS INC
United States
$2.35B87,058,23416.36%83.64%Net SellingNet Selling
ARCO
ARCOS DORADOS HOLDINGS INC
Uruguay
$2.30B210,594,54538.23%0.00%
WING
WINGSTOP INC
United States
$10.19B29,337,92098.69%1.31%Net SellingNet Selling
CBRL
CRACKER BARREL OLD COUNTRY STORE INC
United States
$1.30B22,201,08672.79%27.21%Net Selling
JACK
JACK IN THE BOX INC
United States
$1.17B19,536,20691.36%8.64%Net SellingNet Selling
NATH
NATHANS FAMOUS INC
United States
$265.25M4,084,61525.32%74.68%Net SellingNet Selling
RAVE
RAVE RESTAURANT GROUP INC
United States
$29.90M14,586,5664.56%95.44%Net SellingNet Buying
CAVA
CAVA GROUP INC
United States
$6.80B114,002,23762.88%37.12%Net SellingNet Selling
DPZ
DOMINOS PIZZA INC
United States
$16.49B34,812,72332.38%67.62%Net SellingNet Selling
DRI
DARDEN RESTAURANTS INC
United States
$18.20B119,358,94783.41%16.59%Net SellingNet Selling
SHAK
SHAKE SHACK INC
United States
$3.99B42,309,02659.40%40.60%Net SellingNet Selling
YUM
YUM BRANDS INC
United States
$38.97B281,336,28082.08%8.86%Net SellingNet Selling
BTBD
BT BRANDS INC
United States
$9.68M6,246,1180.44%19.91%
FWRG
FIRST WATCH RESTAURANT GROUP INC
United States
$1.34B59,909,78623.69%76.31%Net SellingNet Selling
SG
SWEETGREEN INC
United States
$2.33B112,979,77876.44%14.16%Net SellingNet Selling
BDL
FLANIGANS ENTERPRISES INC
United States
$46.21M1,858,64710.98%62.90%
DIN
DINE BRANDS GLOBAL INC
United States
$661.22M15,252,94569.66%30.34%Net BuyingNet Selling
SDOT
SADOT GROUP INC
United States
$14.08M51,752,6914.04%32.30%Net BuyingNet Buying
BJRI
BJS RESTAURANTS INC
United States
$750.08M23,366,95136.83%63.17%Net SellingNet Selling
DENN
DENNY's CORP
United States
$426.91M52,253,71957.11%42.89%Net SellingNet Selling
LOCO
EL POLLO LOCO HOLDINGS INC
United States
$260.27M31,282,82034.23%65.77%Net Selling
GTIM
GOOD TIMES RESTAURANTS INC
United States
$28.42M11,190,4133.63%96.37%
GENK
GEN RESTAURANT GROUP INC
United States
$296.25M32,376,5215.92%94.08%Net BuyingNet Buying
STKS
ONE GROUP HOSPITALITY INC
United States
$162.49M31,307,40723.95%76.05%Net BuyingNet Buying
CNNE
CANNAE HOLDINGS INC
United States
$1.42B72,481,94581.39%17.96%Net SellingNet Selling
BFI
BURGERFI INTERNATIONAL INC
United States
$11.28M27,042,21312.00%88.00%Net SellingNet Selling
EAT
BRINKER INTERNATIONAL INC
United States
$2.00B44,227,12493.94%6.06%Net SellingNet Selling
PNST
PINSTRIPES HOLDINGS INC
United States
$117.06M40,087,7862.51%96.51%Net SellingNet Buying
FAT
FAT BRANDS INC
United States
$122.66M16,965,5916.80%64.54%Net BuyingNet Buying
TAST
CARROLS RESTAURANT GROUP INC
United States
$546.30M57,384,64637.12%62.88%Net SellingNet Selling
ARKR
ARK RESTAURANTS CORP
United States
$50.46M3,604,1577.52%92.48%
PBPB
POTBELLY CORP
United States
$309.05M29,602,52634.68%65.32%Net SellingNet Selling
THCH
TH INTERNATIONAL LTD
United States
$194.65M158,248,14912.46%0.00%
YOSH
YOSHIHARU GLOBAL CO
United States
$5.32M1,330,2460.00%58.88%Net Buying
REBN
REBORN COFFEE INC
United States
$3.53M2,716,3730.33%99.67%
CHSN
CHANSON INTERNATIONAL HOLDING
China
$21.68M12,390,0001.47%0.00%
RRGB
RED ROBIN GOURMET BURGERS INC
United States
$99.47M15,541,46850.18%49.82%Net BuyingNet Selling
NDLS
NOODLES & CO
United States
$53.54M44,989,71447.77%52.23%Net BuyingNet Selling

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 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 58.95% over the past year, overperforming other restaurant stocks by 30 percentage points.

Chipotle Mexican Grill has an average 1 year price target of $2,880.83, an upside of 0.41% from Chipotle Mexican Grill's current stock price of $2,869.11.

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. 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 19.61% over the past year, underperforming other restaurant stocks by -10 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 -41.42% over the past year, underperforming other restaurant stocks by -71 percentage points.

Yum China Holdings has an average 1 year price target of $54.65, an upside of 47.3% from Yum China Holdings's current stock price of $37.10.

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 8.86%, which is 6 percentage points higher than the restaurant industry average of 2.85%. 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 5.36%, which is 3 percentage points higher than the restaurant industry average of 2.85%. 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 5.19%, which is 2 percentage points higher than the restaurant industry average of 2.85%. 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 down?

Restaurant stocks were down -0.78% in the last day, and down -2.15% over the last week.

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

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 52 points higher than the restaurant industry average of 34. It passed 6 out of 7 valuation due diligence checks.

Rci Hospitality Holdings's stock has dropped -30.97% in the past year. It has underperformed other stocks in the restaurant industry by -60 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 -12.86% in the past year. It has underperformed other stocks in the restaurant industry by -42 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 -45.39% in the past year. It has underperformed other stocks in the restaurant industry by -75 percentage points.

Are restaurant stocks a good buy now?

47.37% of restaurant stocks rated by analysts are a buy right now. On average, analysts expect restaurant stocks to rise by 5.88% 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 45.69x.
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.