Krispy Kreme Doughnuts (KKD) Jumps: Stock Rises 8.5% in Session

Zacks

Krispy Kreme Doughnuts, Inc. (KKD) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $14.91 to $15.80 over the past one-month time frame.

None of the estimates for this restaurateur were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Krispy Kreme Doughnuts carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the sector include BJ's Restaurants, Inc. (BJRI), Chipotle Mexican Grill, Inc. (CMG) and Jamba, Inc. (JMBA). All these stocks sport a Zacks Rank #1 (Strong Buy).

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KRISPY KREME DOUGHNUTS INC (KKD): Free Stock Analysis Report

BJ'S RESTAURANTS INC (BJRI): Free Stock Analysis Report

CHIPOTLE MEXICAN GRILL INC (CMG): Free Stock Analysis Report

JAMBA INC (JMBA): Free Stock Analysis Report


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