search icon
      blog search icon

      Check Out These 10 Restaurants Industry Stocks - Stocks Telegraph

      By Hasnain R

      Published on

      October 27, 2020

      12:23 PM UTC

      Last Updated on

      October 21, 2021

      10:00 AM UTC

      Check Out These 10 Restaurants Industry Stocks - Stocks Telegraph

      The restaurant industry has never stopped flourishing despite facing constant changes and new challenges. Every year restaurant owners make plans to address the increasing needs of customers. This industry is so widespread that half of the adults have worked in food service in one way or another at some point in their lives.

      To keep pace with the fast-growing industries restaurant industry always keep a pulse on what’s happening around. The coronavirus pandemic has hit the restaurant industry badly but this industry is steadily moving towards the path of growth. There are few restaurant industry trends that customers are looking for. Trends include increasing online ordering, and tech takeover, etc.

      Here is a look at the top 10 companies in the restaurant’s industry which are following new trends to handle changing customer preferences:

      Muscle Maker Inc. (NASDAQ: GRIL)

      Muscle Maker Inc. (NASDAQ: GRIL) shares were trading up 33.33% at $2.04 at the time of writing on Monday. Muscle Maker Inc. (NASDAQ: GRIL) share price went from a low point around $1.31 to briefly over $5.09 in the past 52 weeks, though shares have since pulled back to $2.04. GRIL market cap has remained high, hitting $22.66M at the time of writing, giving it a price-to-sales ratio of more than 4. Muscle Maker Inc. (GRIL) has earlier announced the accquisition of the Manhattan Location. The company’s shares soared without the announcement of any news on Monday.

      Dunkin’ Brands Group Inc. (NASDAQ: DNKN)

      Dunkin’ Brands Group Inc. (NASDAQ: DNKN) last closed at $103.10, in a 52-week range of $38.51 to $89.85. Analysts have a consensus price target of $74.68. Dunkin’ & Area Rotary Districts Raise More Than $1.2 Million Throughout Alabama & Tennessee Benefitting End Polio Now. It has moved up 167.72% and 14.75% from its 52-weeks low and high, respectively.  DNKN market cap has remained high, hitting $8.52 billion at the time of writing.

      Starbucks Corporation (NASDAQ: SBUX)

      Starbucks Corporation (NASDAQ: SBUX) stock drop by -1.26% to $89.66. The most recent rating by RBC Capital Mkts, on October 26, 2020, is at an Outperform. Starbucks Corporation (SBUX) has announced a sales recovery after consumers starting visiting restaurants again. Starbucks Corporation’s market cap has remained high, hitting $103.15 billion at the time of writing.

      Bloomin’ Brands Inc. (NASDAQ: BLMN)

      Bloomin’ Brands Inc. (NASDAQ: BLMN) shares headed falling, lower as much as -6.33%. The most recent rating by Raymond James, on September 01, 2020, is at a Strong buy. Bloomin’ Brands Inc. (BLMN) has earlier shared the third quarter 2020 financial results. It has disclosed that the reason for less revenue is that the fewer sales because of the COVID-19 pandemic and stay-at-home orders.

      RAVE Restaurant Group Inc. (NASDAQ: RAVE)

      RAVE Restaurant Group Inc. (NASDAQ: RAVE) rose 6.92% after gaining more than $0.04 on Monday. RAVE Restaurant Group Inc. (RAVE) has earlier announced the appointment of two new leaders. It has named Darren Webb as director of development for RAVE, supporting both Pizza Inn and Pie Five, and Dion Firooznia as franchise business consultant for Pizza Inn.

      The Wendy’s Company (NASDAQ: WEN)

      The Wendy’s Company (NASDAQ: WEN) last closed at $23.30, in a 52-week range of $6.82 to $24.91. Analysts have a consensus price target of $24.33. The Wendy’s Company (WEN) has named Kevin Vasconi, as Chief Information Officer. The Wendy’s Company market cap has remained high, hitting $5.32 billion at the time of writing.

      Dave & Buster’s Entertainment Inc. (PLAY)

      Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY) stock drop by -9.00% to $18.61. The most recent rating by Raymond James, on October 21, 2020, is at a Strong buy. Dave & Buster’s Entertainment Inc. (PLAY) announced that its indirect wholly-owned subsidiary, Dave & Buster’s, Inc. has priced $550 million in aggregate principal amount of its 7.625% senior secured notes due 2025 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended

      Aramark (NYSE: ARMK)

      Aramark (NYSE: ARMK) Shares headed falling, lower as much as -4.36% after SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Aramark for Potential Breaches Of Fiduciary Duty By Its Board of Directors. The most recent rating by Citigroup, on October 22, 2020, is at a Neutral. Aramark (ARMK) market cap has remained high, hitting $886.95 million at the time of writing.

      Restaurant Brands International Inc. (NYSE: QSR)

      Restaurant Brands International Inc. (NYSE: QSR) last closed at $55.41, in a 52-week range of $25.08 to $69.86. Burger King® Names Competitors’ Abandoned Restaurants as Scary Places This Halloween. Analysts have a consensus price target of $70.50. Restaurant Brands International Inc. (QSR) revealed earlier that it has generated over 94% of prior-year system-wide sales in Q3 with over 96% of restaurants open globally as of September.

      McDonald’s Corporation (NYSE: MCD)

      McDonald’s Corporation (NYSE: MCD) fall -1.94% after losing more than -$4.44 on Monday. McDonald’s Corporation (MCD) has earlier requested a U.S. judge to dissolve a lawsuit by dozens of Black former franchise owners who accused the fast-food giant of racial discrimination for selling them underperforming stores, saying it did not want them to fail and never promised success.

       

       

      More From Stocks telegraph