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Strength Seen in Diversified Restaurant Holdings (BAGR): Stock Up 10.6%

Zacks Equity Research

Diversified Restaurant Holdings, Inc. (BAGR) was a big mover last session, as the company saw its shares rise over 10% 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 $4.42 to $5.29 in the past one-month time frame.

The company has seen two negative estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Diversified Restaurant currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked restaurant stocks include Ignite Restaurant Group, Inc. (IRG), The Wendy's Company (WEN) and Brinker International, Inc. (EAT). While Ignite Restaurant and Wendy's Company sport a Zacks Rank #1 (Strong Buy), Brinker has a Zacks Rank #2 (Buy).

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DIVERSIFIED RESTAURANT HOLDINGS (BAGR): Free Stock Analysis Report

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

WENDY'S CO (WEN): Free Stock Analysis Report

BRINKER INTL INC (EAT): Free Stock Analysis Report


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