Strength Seen in Famous Dave's of America (DAVE): Stock Soars 11.2%

Zacks

Famous Dave's of America Inc. (DAVE) was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down more than 13% since Mar 20, 2014.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Famous Dave's of America currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Investors interested in the restaurant industry may consider stocks like Ignite Restaurant Group, Inc. (IRG), Jack in the Box Inc. (JACK) and The Wendy's Company (WEN). All these stocks carry a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>



FAMOUS DAVE'S OF AMER INC (DAVE): Free Stock Analysis Report

IGNITE RESTAURANT GROUP INC (IRG): Free Stock Analysis Report

(WEN): Free Stock Analysis Report

JACK IN BOX INC (JACK): Free Stock Analysis Report


Zacks Investment Research

Rates

View Comments (0)