Ruby Tuesday, Inc. (RT) Worth a Look: Stock Rises 5.3%
Ruby Tuesday (RT) was a big mover last session, as the company saw its shares rise over 5% 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 stock, which is now trading above the volatile price range of $5.60 to $6.21 in the past one-month time frame.
This restaurant industry stock has seen one negative estimate revision in the past 30 days. Its Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Ruby Tuesday currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.
However, restaurant stocks with a favorable Zacks Rank include Buffalo Wild Wings Inc. (BWLD), Burger King Worldwide, Inc. (BKW) and Bob Evans Farms, Inc. (BOBE). While Buffalo Wild Wings sports a Zacks Rank #1 (Strong Buy), Burger King and Bob Evans Farms carry a Zacks Rank #2 (Buy).
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RUBY TUESDAY INC (RT): Free Stock Analysis Report
BUFFALO WILD WINGS INC (BWLD): Free Stock Analysis Report
BURGER KING WORLDWIDE INC (BKW): Free Stock Analysis Report
BOB EVANS FARMS INC (BOBE): Free Stock Analysis Report
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