Zoe's Kitchen, Inc. (ZOES) saw a big move last session, as the company’s shares fell by nearly 6 % 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 ZOES, as the stock is now up over 12% since Jun 3.
Although this slump was obviously disappointing, the Restaurant company has seen 4 positive revisions and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for ZOES. So make sure to keep an eye on this stock going forward to see if yesterday’s price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
ZOES currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Restaurant Retail industry include Burger King Worldwide, Inc. (BKW), Carrols Restaurant Group, Inc. (TAST) and Denny's Corporation (DENN). All these stocks carry a Zacks rank #2 (Buy).
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ZOE'S KITCHEN INC (ZOES): Free Stock Analysis Report
BURGER KING WORLDWIDE INC (BKW): Free Stock Analysis Report
CARROLS RESTAURANT GROUP INC (TAST): Free Stock Analysis Report
DENNY'S CP (DENN): Free Stock Analysis Report
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