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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)
RAVE
RAVE RESTAURANT GROUP INC
United States
$43.76M14,586,5664.40%95.60%Net BuyingNet Selling
CMG
CHIPOTLE MEXICAN GRILL INC
United States
$76.82B1,362,593,00086.69%0.94%Net BuyingNet Buying
WING
WINGSTOP INC
United States
$8.68B29,212,28498.64%1.36%Net SellingNet Selling
TXRH
TEXAS ROADHOUSE INC
United States
$12.37B66,714,06986.55%13.45%Net SellingNet Selling
YUMC
YUM CHINA HOLDINGS INC
United States
$18.57B384,423,60075.84%13.72%Net SellingNet Buying
CAVA
CAVA GROUP INC
United States
$15.10B114,320,58170.11%29.89%Net SellingNet Selling
BROS
DUTCH BROS INC
United States
$5.09B154,188,10163.60%8.18%Net SellingNet Selling
QSR
RESTAURANT BRANDS INTERNATIONAL INC
Canada
$22.20B317,025,11385.09%3.74%Net SellingNet Selling
FWRG
FIRST WATCH RESTAURANT GROUP INC
United States
$1.04B60,414,72325.21%74.79%Net Selling
BLMN
BLOOMIN' BRANDS INC
United States
$1.31B84,969,65415.12%84.88%Net SellingNet Selling
SHAK
SHAKE SHACK INC
United States
$5.25B42,483,51560.38%39.62%Net SellingNet Selling
WEN
WENDY's CO
United States
$4.02B203,845,08560.39%39.61%Net SellingNet Selling
CAKE
CHEESECAKE FACTORY INC
United States
$2.32B51,039,72892.33%2.38%Net Selling
ARCO
ARCOS DORADOS HOLDINGS INC
Uruguay
$1.81B210,654,96941.14%0.00%
NATH
NATHANS FAMOUS INC
United States
$344.33M4,084,61525.43%74.57%Net Selling
SDOT
SADOT GROUP INC
United States
$154.34M54,728,9603.39%20.00%Net BuyingNet Selling
DPZ
DOMINOS PIZZA INC
United States
$14.85B34,531,97833.16%66.84%Net SellingNet Selling
MCD
MCDONALDS CORP
United States
$210.07B717,343,24770.56%0.24%Net SellingNet Selling
DRI
DARDEN RESTAURANTS INC
United States
$18.66B117,500,47683.73%16.27%Net SellingNet Selling
PTLO
PORTILLO's INC
United States
$1.00B73,435,17766.05%33.95%Net SellingNet Selling
SBUX
STARBUCKS CORP
United States
$109.95B1,133,200,00074.52%2.66%Net SellingNet Selling
PBPB
POTBELLY CORP
United States
$224.29M29,945,38733.64%66.36%Net SellingNet Buying
RICK
RCI HOSPITALITY HOLDINGS INC
United States
$389.37M8,996,54650.21%47.79%Net SellingNet Selling
BTBD
BT BRANDS INC
United States
$9.98M6,195,6820.74%16.22%Net BuyingNet Buying
YUM
YUM BRANDS INC
United States
$37.33B281,165,00285.71%8.85%Net SellingNet Selling
KRUS
KURA SUSHI USA INC
United States
$1.04B11,244,94364.26%0.29%Net Buying
SG
SWEETGREEN INC
United States
$4.34B114,142,55482.32%13.47%Net SellingNet Selling
GENK
GEN RESTAURANT GROUP INC
United States
$290.16M32,749,1425.93%94.07%Net Buying
CBRL
CRACKER BARREL OLD COUNTRY STORE INC
United States
$1.02B22,204,31273.08%26.92%Net SellingNet Selling
PZZA
PAPA JOHNS INTERNATIONAL INC
United States
$1.83B32,625,88682.51%17.49%Net SellingNet Buying
DIN
DINE BRANDS GLOBAL INC
United States
$456.68M15,299,01570.53%29.47%Net Selling
EAT
BRINKER INTERNATIONAL INC
United States
$4.80B44,428,08994.17%5.83%Net SellingNet Selling
LOCO
EL POLLO LOCO HOLDINGS INC
United States
$352.68M29,939,22635.15%64.85%Net BuyingNet Buying
CHSN
CHANSON INTERNATIONAL HOLDING
China
$134.19M12,425,3190.01%0.00%
BDL
FLANIGANS ENTERPRISES INC
United States
$46.37M1,858,64711.13%62.90%
DENN
DENNY's CORP
United States
$337.23M51,329,09455.89%44.11%Net Selling
STKS
ONE GROUP HOSPITALITY INC
United States
$106.83M31,145,54633.18%66.82%Net BuyingNet Buying
BJRI
BJS RESTAURANTS INC
United States
$762.98M22,816,52635.59%64.41%Net SellingNet Buying
BH
BIGLARI HOLDINGS INC
United States
$393.66M2,275,50417.82%82.18%Net Buying
JACK
JACK IN THE BOX INC
United States
$958.21M19,125,98191.19%8.81%Net SellingNet Selling
GTIM
GOOD TIMES RESTAURANTS INC
United States
$29.57M10,752,8033.38%96.62%Net Buying
HDL
SUPER HI INTERNATIONAL HOLDING LTD
Singapore
$1.10B646,260,0000.16%0.00%
CNNE
CANNAE HOLDINGS INC
United States
$1.25B62,734,64579.77%20.23%Net SellingNet Buying
PNST
PINSTRIPES HOLDINGS INC
United States
$30.87M40,087,78517.10%79.86%Net Selling
YOSH
YOSHIHARU GLOBAL CO
United States
$6.85M1,342,7220.12%58.33%Net Buying
REBN
REBORN COFFEE INC
United States
$6.19M3,752,5100.74%99.26%
RRGB
RED ROBIN GOURMET BURGERS INC
United States
$92.63M15,753,52845.22%54.78%Net SellingNet Buying
ARKR
ARK RESTAURANTS CORP
United States
$37.96M3,604,1577.58%92.42%Net Buying
THCH
TH INTERNATIONAL LTD
United States
$116.47M165,917,88010.27%0.00%
FAT
FAT BRANDS INC
United States
$91.01M17,106,6058.02%18.92%Net BuyingNet Buying
NDLS
NOODLES & CO
United States
$52.03M45,636,78938.73%61.27%Net Selling

Restaurant Stocks FAQ

What are the best restaurant stocks to buy right now in Nov 2024?

According to Zen Score, the 3 best restaurant stocks to buy right now are:

1. Rave Restaurant Group (NASDAQ:RAVE)


Rave Restaurant Group (NASDAQ:RAVE) is the top restaurant stock with a Zen Score of 60, which is 29 points higher than the restaurant industry average of 31. It passed 19 out of 33 due diligence checks and has strong fundamentals. Rave Restaurant Group has seen its stock return 27.66% over the past year, overperforming other restaurant stocks by 6 percentage points.

2. Chipotle Mexican Grill (NYSE:CMG)


Chipotle Mexican Grill (NYSE:CMG) is the second best restaurant stock with a Zen Score of 56, which is 25 points higher than the restaurant industry average of 31. It passed 19 out of 33 due diligence checks and has strong fundamentals. Chipotle Mexican Grill has seen its stock return 36.25% over the past year, overperforming other restaurant stocks by 14 percentage points.

Chipotle Mexican Grill has an average 1 year price target of $65.44, an upside of 16.07% from Chipotle Mexican Grill's current stock price of $56.38.

Chipotle Mexican Grill stock has a consensus Buy recommendation according to Wall Street analysts. Of the 21 analysts covering Chipotle Mexican Grill, 42.86% have issued a Strong Buy rating, 23.81% 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. Texas Roadhouse (NASDAQ:TXRH)


Texas Roadhouse (NASDAQ:TXRH) is the third best restaurant stock with a Zen Score of 51, which is 20 points higher than the restaurant industry average of 31. It passed 19 out of 38 due diligence checks and has strong fundamentals. Texas Roadhouse has seen its stock return 78.67% over the past year, overperforming other restaurant stocks by 57 percentage points.

Texas Roadhouse has an average 1 year price target of $194.58, an upside of 4.95% from Texas Roadhouse's current stock price of $185.41.

Texas Roadhouse stock has a consensus Buy recommendation according to Wall Street analysts. Of the 19 analysts covering Texas Roadhouse, 42.11% have issued a Strong Buy rating, 15.79% have issued a Buy, 42.11% 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. Dine Brands Global (NYSE:DIN)


Dine Brands Global (NYSE:DIN) has an annual dividend yield of 6.83%, which is 4 percentage points higher than the restaurant industry average of 2.97%. Dine Brands Global's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Dine Brands Global's dividend has not shown consistent growth over the last 10 years.

Dine Brands Global's dividend payout ratio of 34.3% indicates that its high dividend yield is sustainable for the long-term.

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


Cracker Barrel Old Country Store (NASDAQ:CBRL) has an annual dividend yield of 6.76%, which is 4 percentage points higher than the restaurant industry average of 2.97%. Cracker Barrel Old Country Store's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Cracker Barrel Old Country Store's dividend has not shown consistent growth over the last 10 years.

Cracker Barrel Old Country Store's dividend payout ratio of 225.5% indicates that its high dividend yield might not be sustainable for the long-term.

3. Bloomin' Brands (NASDAQ:BLMN)


Bloomin' Brands (NASDAQ:BLMN) has an annual dividend yield of 6.21%, which is 3 percentage points higher than the restaurant industry average of 2.97%. Bloomin' Brands's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Bloomin' Brands's dividend has shown consistent growth over the last 10 years.

Bloomin' Brands's dividend payout ratio of 234.1% indicates that its high dividend yield might not be sustainable for the long-term.

Why are restaurant stocks down?

Restaurant stocks were down -0.31% in the last day, and down -2.6% 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. Bloomin' Brands (NASDAQ:BLMN)


Bloomin' Brands (NASDAQ:BLMN) is the most undervalued restaurant stock based on WallStreetZen's Valuation Score. Bloomin' Brands has a valuation score of 86, which is 59 points higher than the restaurant industry average of 27. It passed 6 out of 7 valuation due diligence checks.

Bloomin' Brands's stock has dropped -33.13% in the past year. It has underperformed other stocks in the restaurant industry by -55 percentage points.

2. Rci Hospitality Holdings (NASDAQ:RICK)


Rci Hospitality Holdings (NASDAQ:RICK) is the second most undervalued restaurant stock based on WallStreetZen's Valuation Score. Rci Hospitality Holdings has a valuation score of 71, which is 44 points higher than the restaurant industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Rci Hospitality Holdings's stock has dropped -21.89% in the past year. It has underperformed other stocks in the restaurant industry by -44 percentage points.

3. Rave Restaurant Group (NASDAQ:RAVE)


Rave Restaurant Group (NASDAQ:RAVE) is the third most undervalued restaurant stock based on WallStreetZen's Valuation Score. Rave Restaurant Group has a valuation score of 71, which is 44 points higher than the restaurant industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Rave Restaurant Group's stock has gained 27.66% in the past year. It has overperformed other stocks in the restaurant industry by 6 percentage points.

Are restaurant stocks a good buy now?

47.22% of restaurant stocks rated by analysts are a buy right now. On average, analysts expect restaurant stocks to rise by 11.91% 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 39.43x.
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.