|Bid||9.03 x 800|
|Ask||9.06 x 1200|
|Day's Range||8.60 - 9.16|
|52 Week Range||8.23 - 27.58|
|Beta (3Y Monthly)||-0.10|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.50|
Fiesta Restaurant Group, Inc. (“Fiesta” or the “Company”) (FRGI), parent company of the Pollo Tropical® and Taco Cabana® fast-casual restaurant brands, today announced that it will host a conference call to review third quarter 2019 results on Tuesday, November 5, 2019 at 4:30 P.M. ET. The conference call will also be webcast live and archived on the corporate website at www.frgi.com, under the “Investor Relations” section. Fiesta also announced today that it will participate in the Stephens 2019 Nashville Investment Conference in Nashville, TN and meet with institutional investors on Thursday, November 14, 2019.
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.
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
The United States stock market continues to chug along, hitting new highs. The Federal Reserve is allowing interest rates to fall. Consumers are keeping the economy going.Why worry about bad stocks when it seems that the end of the year is going to be as strong as the rest of the year has been? Well, the months of September and October are a crucial earnings season. And it's not as much about what these stocks do in the third quarter as much as it's about what they predict for future quarters.Given the disarray in world markets -- think trade wars, Brexit a potential recession, etc -- this remains a very volatile time.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe news of air strikes on an oil processing plant in Saudi Arabia this past weekend is a prime example. If initial trade talks break down next week between China and the U.S., that could be another trigger. Or, what if Iran continues to challenge the uneasy peace in the Middle East? * 8 Dividend Stocks to Buy for a Recession The point is, you want bulletproof stocks right now that can endure a downside plunge and recover quickly, with plenty of opportunity moving forward. At Growth Investor we're leaving these seven stocks on the shelf, as my Portfolio Grader says they are triple-"F" rated.Keep reading and you'll see why. Stocks to Sell: Fluor (FLR)Source: Trong Nguyen / Shutterstock.com Fluor Corp (NYSE:FLR) was founded in 1912 and has become one of the largest engineering and construction companies in the U.S., with projects and a reputation that spans the world.On the upside, the company has seen some crazy times over the past century and has found a way to survive and grow.But this isn't a good time. The company reported massive back-to-back quarterly losses -- when analysts were expecting profits -- and finally withdrew its guidance for the rest of 2019.That's not encouraging. It means either the company had no idea how bad things were, or it did and never bothered to share that with the analysts. Neither is an acceptable or comforting option.It also means that going forward, there's no way to know what happens next. And that's pretty much what the CEO said. That's pretty remarkable, given that economic data on construction, like housing stats and building permits, have been strong -- making the industry one of my key themes at Growth Investor. Only the best will do, though. Tutor Perini (TPC)Source: Casimiro PT / Shutterstock.com Tutor Perini (NYSE:TPC) is another infrastructure construction company, but it focuses primarily on U.S. government projects and infrastructure.That should tell you all you need to know about why it made this list. With the annual U.S. deficit nearing $1 trillion -- and President Donald Trump threatening to push for refinancing -- government construction spending isn't in the cards.And as far as infrastructure goes, unless it's the states providing funds, there's little happening in Washington to get this moving. It would be nice to think that 2020 election politics may break the ice, but it's highly unlikely.TPC stock is struggling and racking up losses. Some major brokerage houses have cut its price target. And the stock is off 37% in the past year. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars Another bad quarter or some shock to the U.S. economy would drop it in a heartbeat. Tutor Perini stock is not worth the risk when there are so many better choices out there. Verso (VRS)Source: Shutterstock Verso (NYSE:VRS) seems to have been a quixotic company from the start. It is a paper company that launched in 2006 -- right at the heart of the digital revolution.Now that's not to say that printing companies are dinosaurs, but printing certainly isn't what it used to be. And that simple statement also became clear to Verso when it declared bankruptcy three years ago.Printing is a tough business in a good economy. It's even tougher in a sluggish one.VRS stock is off 61% in the past year and 37% in the past three months. This is a classic example of a falling knife. And you shouldn't try to catch falling knives.Even if its packing division gets a bump or there's more demand as we approach the holidays, there's way too much work to do to keep this company moving along at its current size. I'm looking for far better growth prospects (and income) for my buy list. Fiesta Restaurant Group (FRGI)Source: Philip Lange / Shutterstock.com Fiesta Restaurant Group (NASDAQ:FRGI) has two main franchises: Pollo Tropical and Taco Cabana. Restaurants of the latter brand can be found in major cities across Texas. Those of the former are all located in southern Florida.The biggest challenge right now for FRGI is its competition. Certainly more people eat out these days, especially younger generations. But the challenge is scaling the business to move on beyond Pollo Tropical and Taco Cabana's current locations.And that doesn't seem to be happening. Recently, FRGI had to close its Atlanta, Georgia restaurants because the nine locations were losing money. This also means Fiesta Restaurant Group's ideas are hard to share outside of familiar audiences. * 7 Momentum Stocks to Buy On the Dip Its $287 million market cap also makes it tough to compete against well-known national brands like Chipotle Mexican Grill (NYSE:CMG). And local restaurants also make competition tough.The stock is off 62% in the past year. There are far better restaurant stocks for my money. Conduent (CNDT)Source: IgorGolovniov / Shutterstock.com Conduent (NYSE:CNDT) was founded in New Jersey -- and in 2017 spun off from Xerox (NYSE:XRX). While the long history of its parent company may be proof of its durability over the past 113 years, it's hard to understand what Conduent does by going to its website.Fundamentally, CNDT works with governments and companies to build digital platforms. These platforms are then used to manage intensive transaction processing as well as analytics and automation.Perhaps that's the challenge CNDT is now facing. That pretty much describes a whole slew of organizations.And you can see this in its numbers. In the second quarter, CNDT stock lost $1 billion compared to an $11 million gain last year. Revenue also fell during the quarter. And, to top it off, the company said the loss was due to it losing contracts.Ashok Vemuri stepped down as CEO as a result, but now Conduent has suspended the search for a new permanent CEO. Cliff Skelton is serving in the position in the interim. None of this looks encouraging. Nautilus (NLS)Source: Sallehudin Ahmad / Shutterstock.com Nautilus (NYSE:NLS) is a fitness equipment company. Back in the day, Nautilus was one of the top brands in its market. It was a pioneer in launching the specific, muscle-focused equipment you see today in most gyms.This sector has grown alongside various new free weight regimens. And NLS has continued to expand its portfolio. It now owns the Bowflex, Octane Fitness, Schwinn Fitness and Universal brands, as well as others.Unfortunately, the newest trends are yoga and cross-fit, which don't require equipment. These trends are more of a "lifestyle" appeal, and I actually prefer to cash in with a niche retail stock for Growth Investor. Meanwhile, new gyms are competing for lower price points on memberships, which means they're not buying as much equipment. * 7 Tech Stocks You Should Avoid Now Basically, most of the fitness trends today are working against NLS. And that shows in the stock price. It's off 87.6% year-to-date and 90% in the past year. The market cap is a mere $41 million at this point. It's not going to pump your portfolio up. NeuroMetrix (NURO)Source: Shutterstock NeuroMetrix (NASDAQ:NURO) is in a $635 billion industry -- chronic pain management. Its unique spin is that it uses neurostimulation and digital techniques to manage pain without the use of drugs. And this treatment addresses everything from chronic pain to sleep disorders to diabetes.NeuroMetrix's two most promising devices are Quell, a U.S. Food and Drug Administration approved wearable for chronic pain management and Health Cloud, a pain management database that is becoming one of the largest of its kind.It all sounds promising. But the stock has a market cap just shy of $4 million at this point. And it's off 26% in the past three months, 48% year-to-date and 71% in the past 12 months.While this may be the future -- or a future -- of chronic pain management, right now the stock is not looking good. Perhaps that's a reflection on the products or perhaps it's a statement about management. Either way, it's not worth sticking around to find out.Having spent time on Wall Street, big institutional investors quickly learn that you need dividends to grow a portfolio over time, and I think that's why there's a clear preference for them. The income really helps smooth over the rough patches.Dividend growth stocks are especially important today -- when the global bond market is just going haywire. And even the 30-year U.S. Treasury can't be relied upon for good yield anymore. Recently, its yield dropped below 2% for the first time ever.So -- whether you're managing big institutional cash, or your own portfolio -- you're going to need what I call the Money Magnets.Not only did these stocks earn an "A" in my Portfolio Grader, thanks to strong buying pressure and great fundamentals, the stocks also earn an "A" in my Dividend Grader. These stocks are able to pay great yields -- and have the strong business model to back it up.All in all, I've got 27 strong dividend growth stocks for you, almost all of which yield more than the S&P 500. These stocks are poised to do well as we continue to see international capital flow to the U.S. markets. Click here to see how I found these stocks, and how you can get great performance out of YOUR portfolio -- come what may.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 * 8 Dividend Stocks to Buy for a Recession * 10 Companies Making Their CEOs Rich * The 7 Best S&P 500 Stocks of 2019 So Far The post 7 Triple-'F' Rated Stocks to Leave on the Shelf appeared first on InvestorPlace.
Fiesta Restaurant Group, Inc. (“Fiesta” or the “Company”) (FRGI), parent company of the Pollo Tropical® and Taco Cabana® fast-casual restaurant brands, today announced that it has appointed Hope Diaz as the Company’s Chief Marketing Officer, effective September 16, 2019. Ms. Diaz is a highly successful marketing executive with over 20 years of proven experience focused on developing bold and effective brand strategies and marketing campaigns.
In 2017 Rich Stockinger was appointed CEO of Fiesta Restaurant Group, Inc. (NASDAQ:FRGI). This analysis aims first to...
Fiesta Restaurant Group (FRGI) delivered earnings and revenue surprises of -12.50% and -2.15%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Fiesta Restaurant Group (FRGI) 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.
MIAMI , July 15, 2019 /PRNewswire/ -- Summer just became delicious with several new, cravable limited-time Pollo Tropical® menu items now available! Pollo is introducing its new Cuban Sandwiches – available ...
The elite funds run by legendary investors such as David Tepper and Dan Loeb make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don't follow. Because of their pay structures, they have strong incentives to do the research necessary […]
2) Below-average profit margins, which could bounce back to prior levels. Poor profit margins can be temporary. When they rebound, EPS can rise dramatically, lifting the share price through both better earnings and via multiple expansion.
Fiesta Restaurant Group (FRGI) delivered earnings and revenue surprises of -11.76% and 2.95%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Dallas-based company said it had net income of 8 cents. Earnings, adjusted for non-recurring costs, came to 15 cents per share. The owner of Pollo Tropical and Taco Cabana restaurants ...
Fiesta Restaurant Group, Inc. , parent company of the Pollo Tropical® and Taco Cabana® restaurant brands, today reported results for the 13-week first quarter 2019, which ended on March 31, 2019.
Starbucks (SBUX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
New Slider Menu Items Showcase the Brand's Crispy Platform Flavors MIAMI , May 6, 2019 /PRNewswire/ -- Coinciding with the one-year anniversary of its widely-popular Crispy Pollo Bites™, Pollo Tropical® ...
Don't be caught off-guard: Fiesta Restaurant Group (NASDAQ: FRGI ) releases its next round of earnings this Monday, May. 6. Want to skip the homework and get all the facts in one place? We thought so. ...