BURG - Chanticleer Holdings, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
0.5431
-0.0269 (-4.72%)
At close: 4:00PM EST
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Previous Close0.5700
Open0.5455
Bid0.5535 x 800
Ask0.8000 x 1300
Day's Range0.5430 - 0.5690
52 Week Range0.5000 - 2.9500
Volume40,548
Avg. Volume75,449
Market Cap5.6M
Beta (5Y Monthly)2.60
PE Ratio (TTM)N/A
EPS (TTM)-2.1230
Earnings DateNov 14, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est2.50
  • GlobeNewswire

    Chanticleer Holdings Reports Operating Results for the Quarter Ended September 30, 2019 and the first nine months of 2019

    CHARLOTTE, N.C., Nov. 14, 2019 -- Chanticleer Holdings, Inc. (NASDAQ: BURG) (“Chanticleer,” or the “Company”), owner, operator and franchisor of multiple branded restaurants in.

  • GlobeNewswire

    Chanticleer Holdings Comments on Proposed Restaurant Operations Spin-Off

    Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands, today announced that in connection with the previously announced spin-off of its restaurant operations that is expected to occur in connection with the closing of its previously announced merger (“Merger”) with Sonnet BioTherapeutics (“Sonnet”), the spin-off entity intends to apply for trading of its shares of its common stock on the OTC Markets OTCQB Exchange. As part of its previously announced merger, Chanticleer will spin-off its current restaurant operations into a newly created entity to be owned by the current Chanticleer stockholders. Although the spin-off entity intends to eventually apply for listing of its shares on the Nasdaq Stock Market, the new entity will need to initially trade its shares on the OTC Market following the spin-off.

  • 7 Restaurant Stocks to Leave on Your Plate
    InvestorPlace

    7 Restaurant Stocks to Leave on Your Plate

    In a good economy, restaurant stocks are usually good bets. And there are some in this sector that are doing very well and are worth considering. I wrote about one in particular last week.But a rising tide doesn't lift all boats. And some restaurant stocks are having a tough go of it now.Consumer spending seems to be slowing, and a global slowdown -- if not recession -- is looming. Ultimately, I think the U.S.consumer is going to be fine, a distinction I'm careful to make for Growth Investor. But nonetheless, these stocks are going to feel it as consumers become choosier about where they spend their money when they go out.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 7 Best Penny Stocks to Buy These seven restaurant stocks to leave on your plate are all rated "D" or "F" in my Portfolio Grader -- and that's during relatively good times. If things get worse or even stay the same, they're going to see more trouble from healthier competition and choosier diners. Restaurant Stocks to Buy: Fiesta Restaurant Group (FRGI)Source: Philip Lange / Shutterstock.com Fiesta Restaurant Group (NASDAQ:FRGI) is a Texas-based chain of Caribbean-inspired restaurants -- Pollo Tropical and Taco Cabana -- and it is very popular in southern Florida where it began, as well as Texas.But the problem is, it is having a tough time expanding. It recently announced it was shuttering its operations in Atlanta, closing all nine Pollo Tropical locations in the area.This is never a good sign. It signals that the company is either having a tough time competing against established restaurants in the area or that management didn't have the right go-to-market strategy. Or both.Either way, this isn't helping the company. The stock is off 70% in the past year, and just reported another quarter of weak earnings. I've been warning about this stock for a while now. Potbelly (PBPB)Source: Ken Wolter / Shutterstock.com Potbelly (NASDAQ:PBPB) started in a Chicago neighborhood in 1977, when a husband and wife started selling sandwiches to customers of their antique shop.In the 1990s an entrepreneur saw an opportunity. He bought the shop and started a chain of restaurants to carry the idea to the rest of the U.S. -- and then beyond. Now PBPB has nearly 475 stores in the U.S. as well as in Canada, the United Arab Emirates, United Kingdom, Kuwait and India.The problem is, it likely has grown too fast, a problem with many chains. And no big company has come in to buy it out. Plus it has significant competition in the fresh hot sandwich market, including the biggest food chain in the world, Subway. * 7 Dividend Stocks to Buy (With Brands You Can Find In Your Kitchen) Since 2017, PBPB stock has been in decline and that decline sped up in 2019 as earnings and revenue have disappointed investors for a year. All in all, it's not a business model that would tempt me; I see much better options out there. The stock is off 72% in the past year and the chart isn't looking like a comeback is in sight. Carrols Restaurant Group (TAST)Source: Savvapanf Photo / Shutterstock.com Carrols Restaurant Group (NASDAQ:TAST) is an interesting restaurant company. It doesn't actually have a brand. It owns franchises of Burger King and Popeyes restaurants.Currently, it owns 1,010 Burger Kings and 55 Popeyes in 23 states. It brings in about $1.3 billion in revenue every year, so it's a big organization. But Burger King and Popeyes are owned by Restaurant Brands International (NYSE:QSR). TAST simply buys franchises and runs them.This can be good business in a strong economy. In today's economy, it's best to be QSR since it simply receives fees from its franchises and isn't exposed to the market conditions like rising worker costs and lower sales.The stock is off 52% in the past year, and doesn't look like it's headed up anytime soon. BJ's Restaurants (BJRI)Source: David Tonelson / Shutterstock.com BJ's Restaurants (NASDAQ:BJRI) is kind of an American-style pub experience. That means it's everything on a bigger scale. The restaurants -- BJ's Restaurant & Brewhouse, BJ's Pizza and Grill and BJ's Grill -- are big as are their selections of beers and fast-casual dining options.Its Southern California spin on the brew house experience was its unique selling point, but there are many other competitors in this space that are local, regional and national competitors.And that is starting to show up in BJRI's numbers. The third quarter was tough for a lot of restaurants, but BJRI doesn't have the cushion that others do. The stock is off 50% in the past year, and growth as well as same-store sales will be challenging. * 7 Beverage Stocks to Buy Now Again, you want to see a business that's hard to duplicate (or beat). And sometimes, you have to invest early in a theme to find them. I'm seeing that opportunity in another corner of the market that may surprise you. Chanticleer Holdings (BURG)Source: QualityHD / Shutterstock.com Chanticleer Holdings (NASDAQ:BURG) has owned and operated franchise restaurants since its inception in 2005.Perhaps its best-known brand is Hooters. It has also franchised some boutique burger restaurants along the way, like BGR, Little Big Burger and American Burger Co.The trouble is, Hooters isn't exactly the kind of growth brand it was a decade or two ago. It may work in some markets -- and BURG also has international franchises -- but it's not exactly a concept that draws attention any longer. And upscale burger joints have flooded the market.Even more telling regarding its prospects is the fact that BURG recently did a reverse merger with a privately held biotech firm that specializes in cancer research.That's never a good sign.The stock is off 68% in the past year and it's likely that this odd pivot is its last gasp, rather than a new beginning. Noodles & Company (NDLS)Source: Ken Wolter / Shutterstock.com Noodles & Company (NASDAQ:NDLS) is a national chain that started with a menu focused on noodle dishes from around the world. Who doesn't like noodles, right?When they first opened they were very popular, especially with finicky kids. But then the age of gluten-free eating hit and NDLS was a focused gluten purveyor. That became a challenge.Fortunately, the chain has pivoted to veggie noodles and now, cauliflower noodles.Its Q2 earnings and revenue numbers were solid. But it really doesn't have a real growth market left, so it's in survival mode. Same-store sales were in line with expectations, but as we enter a slowing economy, it's going to be tough to keep the growth going. * 10 Hot Stocks Staging Huge Reversals NDLS stock is off 61% in the past year and this knife is still falling. Sometimes, even if you see decent fundamentals, you have to stay away when the trend is against you. Momentum is a must for the stocks I'd recommend for Growth Investor. Domino's Pizza (DPZ)Source: Ken Wolter / Shutterstock.com Domino's Pizza (NYSE:DPZ) is certainly one of the most famous fast food brands out there. And it is another company that has seen many years of dominance in its sector.But again, the gluten-free trends and healthy eating styles that pervade the market now are having an effect on business. Plus, DPZ is constantly challenged by price wars from national competitors and significant local competition in most markets.And it's difficult for DPZ to pivot. This makes it a challenge for prospective franchisees. They see healthy alternative fast-casual restaurants and a pizza chain known more for quick delivery than quality products.This is not the pizza of Gen X or Gen Z. And while it may stay top of the pizza chain heap, that heap is getting smaller.DPZ stock is stuck in lower highs and lower lows. It's off about 0.5% in the past 12 months, but it's still carrying a trailing price-to-earnings ratio around 28.At the end of the day, restaurants are a low-margin business. That makes it very tough for restaurant stocks to deliver (so to speak) the earnings as well as operating margins I'm looking for.That's why I'm looking elsewhere for growth plays. One of my favorites is a tech trend that is already bigger and deeper than most people realize. "The Mother of All Technologies"Up until now, technologies have certainly made our lives easier and more efficient … but with a lot of room for human error. People trip over cords, spill their coffee and get tired.Artificial intelligence does not.If that sounds futuristic, well then, the future is already here. If you use apps like Netflix (NASDAQ:NFLX), TurboTax, QuickBooks, Zillow (NASDAQ:Z) or even an email spam filter, then AI is already helping your day run more smoothly. And as scientists find even more applications for artificial intelligence -- from healthcare to retail to self-driving cars -- it's incredible to imagine how much data will be involved.To create AI programs in the first place, tech companies must collect vast amounts of data on human decisions. Data is what powers every AI system.So any one company that can help with customers' data issues is the one company that's most worth investing in.You don't need to be an expert to take part. I'll tell you everything you need to know, as well as my "buy" recommendation, in Growth Investor. My No. 1 stock for the AI trend is still under my buy limit price -- so you'll want to sign up now. Get in while it's still cheap.Click here for a free briefing on this groundbreaking innovation.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Penny Stocks to Buy * 7 Bank Stocks to Avoid Now at All Costs * The 10 Best Mutual Funds for Your 401k The post 7 Restaurant Stocks to Leave on Your Plate appeared first on InvestorPlace.

  • Oceanwide halts construction on Transbay hotel and condo tower
    American City Business Journals

    Oceanwide halts construction on Transbay hotel and condo tower

    Chinese developer Oceanwide stopped construction on a 54-story tower in downtown San Francisco slated to house a Waldorf Astoria hotel and 156 residences, the developer said Wednesday, after months of speculation about the project's status. The 600-foot tower is part of the $1.6 billion Oceanwide Center, a two-tower development under construction at First and Mission streets across from Salesforce Tower. "In light of local market changes and economic uncertainties, Oceanwide has determined that a realignment of the work scope on the Oceanwide Center Project is necessary to keep the project sustainable," the developer said in a statement.  The developer, an affiliate of publicly traded Oceanwide Holdings Co. Ltd., said the hotel development site is not for sale but declined to elaborate.

  • GlobeNewswire

    Chanticleer Holdings Announces Merger Agreement with Sonnet BioTherapeutics to Advance Pipeline of Novel Immune Therapeutics

    Chanticleer Holdings, Inc. (BURG) and Sonnet BioTherapeutics, Inc., a privately-held clinical stage biopharmaceutical company developing innovative targeted biologic drugs, announced today they have entered into a definitive merger agreement under which the shareholders of Sonnet will become the majority owners of Chanticleer’s outstanding common stock as more fully described below upon the closing of the merger. Subject to shareholder approval by both Chanticleer and Sonnet and approval of the Nasdaq Stock Market, the proposed merger will result in a publicly-traded company operating under the Sonnet name under the proposed Nasdaq ticker symbol “SONN” that will focus on advancing Sonnet’s pipeline of oncology candidates and the strategic expansion of Sonnet’s technology platform into other human diseases.

  • Dine Out on Restaurant Stocks
    Kiplinger

    Dine Out on Restaurant Stocks

    Although these are flush times for eating out, success for restaurants can still be elusive. The tight labor market has hit them especially hard.

  • Dave & Buster's Hikes Dividend to Boost Shareholder Value
    Zacks

    Dave & Buster's Hikes Dividend to Boost Shareholder Value

    Dave & Buster's (PLAY) focus on driving shareholders' value and attracting investors is commendable.

  • Is Chanticleer Holdings (NASDAQ:BURG) Weighed On By Its Debt Load?
    Simply Wall St.

    Is Chanticleer Holdings (NASDAQ:BURG) Weighed On By Its Debt Load?

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

  • GlobeNewswire

    Chanticleer Holdings to Present at the RHK Capital’s 2019 Disruptive Growth Conference hosted by Reed Smith

    Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands today announced that it will be presenting at the 2019 Disruptive Growth Conference on Thursday, September 5th at 5:00 PM EST. Mike Pruitt, CEO of Chanticleer will be presenting, as well as meeting with investors. The 2019 Disruptive Growth Conference will offer the exclusive opportunity to discover growth companies with disruptive technologies and business models covering the following sectors: communications, consumer, energy/alternative energy, healthcare, industrial, life sciences, natural resources, and technology.

  • GlobeNewswire

    Chanticleer Holdings Announces Non-Binding Letter of Intent for Sale of South Africa Hooters

    Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands today announced that it has entered in to a non-binding letter of intent for the sale of its South Africa Hooters locations. The purchase price is $1,065,000 which is expected to result in net proceeds of approximately $360,000 to Chanticleer.  Net working capital of the Company’s consolidated financial statements is expected to improve by approximately $750,000 - $900,000 after the sale. Chanticleer will retain a 50% interest in the gambling portion of the South Africa Hooters business.

  • Yum China to Take Over Controlling Stake in Huang Ji Huang
    Zacks

    Yum China to Take Over Controlling Stake in Huang Ji Huang

    Yum China (YUMC) relies on acquisitions to drive revenues. To this end, it recently acquired a controlling interest in Huang Ji Huang for digging deep into the Chinese dining space.

  • GlobeNewswire

    Chanticleer Holdings Reports Operating Results for the Quarter Ended June 30, 2019 and the First Half 2019 Operating Results

    CHARLOTTE, N.C., Aug. 14, 2019 -- Chanticleer Holdings, Inc. (NASDAQ: BURG) (“Chanticleer,” or the “Company”), owner, operator and franchisor of multiple branded restaurants in.

  • GlobeNewswire

    Chanticleer Holdings to Announce Second Quarter Financial Results on August 14, 2019

    CHARLOTTE, N.C., Aug. 09, 2019 -- Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized.

  • GlobeNewswire

    Chanticleer Holdings Announces New Burgers Grilled Right in Kuwait

    Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands, today announced that its franchise partner has opened its second and newest Burgers Grilled Right (“BGR”) location in Kuwait. The BGR restaurant is owned and operated by Master Franchise Operator Al Bassamiah, whose principal owner is Nasser Al Mutair. This location is part of a 35-unit Master Franchise agreement covering four Gulf Coast countries.

  • Analysts Estimate Chanticleer (BURG) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Chanticleer (BURG) to Report a Decline in Earnings: What to Look Out for

    Chanticleer (BURG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire

    Chanticleer Holdings Little Big Burger Launches App and Loyalty Platform

    Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands, today announced that its Little Big Burger brand has launched an app and loyalty platform. Fred Glick, Chanticleer Holdings president, stated, “The new Little Big Burger mobile application features rewards, VIP tiers, and in-app ordering, customized around 8000 consumer interviews on what they want from a loyalty program at LBB, BGR and ABC.

  • Easy Come, Easy Go: How Chanticleer Holdings (NASDAQ:BURG) Shareholders Torched 96% Of Their Cash
    Simply Wall St.

    Easy Come, Easy Go: How Chanticleer Holdings (NASDAQ:BURG) Shareholders Torched 96% Of Their Cash

    Long term investing works well, but it doesn't always work for each individual stock. We don't wish catastrophic...

  • Companies to Watch: Mixed review for Uber, Revolve’s bullish rating, new owner for Hooters
    Yahoo Finance

    Companies to Watch: Mixed review for Uber, Revolve’s bullish rating, new owner for Hooters

    Uber, Revolve, General Electric, Nike and Hooters are the companies to watch.

  • GlobeNewswire

    Chanticleer Holdings Announces Completion of Rights Offering for Gross Proceeds of $6.1M

    Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands today announced that it has closed its previously announced Rights Offering, which expired at 4:00 p.m. EST on June 28, 2019. Chanticleer received subscriptions for an aggregate of 6,084,853 shares of common stock through the exercise by its record holders of basic and over subscription rights at a price of $1.00 per share. Gross proceeds to Chanticleer of approximately $6,084,853.00 include $3,075,000.00 subscribed through the reduction of outstanding debt obligations.

  • GlobeNewswire

    Beyond Meat® Burgers Available Starting July 1st at All Chanticleer Holdings Partners Better Burger Brands

    Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands, today announced that Beyond Meat® (BYND) burgers will be available starting July 1st at its multiple better burger brands locations, offering consumers a 100 percent plant-based Beyond Burger® patty. Participating brands include Little Big Burger, American Burger Company, and Burgers Grilled Right, comprising 45-plus individual store locations. The Beyond Burger patty is free from GMOs, gluten and soy and has lower saturated fat than regular beef, but still delivers flame-broiled flavor and 20g of plant-based protein.

  • GlobeNewswire

    Chanticleer Holdings Extends Rights Offering to 4:00 PM Eastern Time on Friday, June 28, 2019

    Chanticleer Holdings, Inc. (BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands today announced that it the Company has extended the expiration time of its Rights Offering to 4:00 PM Eastern Time on June 28, 2019 to provide additional time to accommodate shareholder orders and delays in processing. Chairman and CEO of Chanticleer Holdings, Mike Pruitt, stated, “We are very pleased with the support from our existing shareholders and we’d like to thank the many investors who’ve participated and supported our Company. The Company has engaged Chardan Capital Markets and Oak Ridge Financial as the dealer-managers for the rights offering.

  • GlobeNewswire

    Chanticleer Holdings Plans Soft Opening of Little Big Burger in Green Lake Village Project in Seattle

    Chanticleer Holdings, Inc. (BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands, today announced the expected soft opening of its newest Seattle Little Big Burger located in Green Lake Village, has been scheduled for this weekend. Adrian Oca, Director of Operations for the Pacific Northwest for Chanticleer Holdings, Inc., commented, "Little Big Burger was born in Portland and has now grown to 22 locations.

  • GlobeNewswire

    Chanticleer Holdings to Hold Investor Conference Call to Discuss Intent to Acquire Complementary Burger Brand

    CHARLOTTE, N.C., June 13, 2019 -- Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized.