Diversified Restaurant Holdings (BAGR) in Focus: Stock Plunges 13.3%


Diversified Restaurant Holdings, Inc. (BAGR) saw a big move last session, as the company’s shares fell by over 13% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for BAGR, as the stock is now up almost 17% since Jun 24.

The U.S. restaurant company has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

BAGR currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same sector include BJ's Restaurants, Inc. (BJRI), Chipotle Mexican Grill, Inc. (CMG) and Starbucks Corporation (SBUX). All these stocks hold a Zacks Rank #2 (Buy).
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