WallStreetZenWallStreetZen

Best Restaurant Stocks to Buy Now (2024)
Top restaurant stocks in 2024 ranked by overall Zen Score. See the best restaurant stocks to buy now, according to analyst forecasts for the restaurants industry.

Industry: Restaurants
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
CMG
CHIPOTLE MEXICAN GRILL INC
NYSE
Restaurants
$88.97B$3,239.230.19%$2.03B68.74x1.50
YUMC
YUM CHINA HOLDINGS INC
NYSE
Restaurants
$14.75B$37.84-0.66%$2.00B18.73x0.80
CAKE
CHEESECAKE FACTORY INC
NASDAQ
Restaurants
$1.92B$37.654.41%$208.87M16.96x7.54
QSR
RESTAURANT BRANDS INTERNATIONAL INC
NYSE
Restaurants
$23.17B$73.24-0.49%$1.79B18.64x6.17
KRUS
KURA SUSHI USA INC
NASDAQ
Restaurants
$1.26B$111.905.42%$15.81M621.67x0.91
CHUY
CHUY's HOLDINGS INC
NASDAQ
Restaurants
$484.17M$28.10-5.45%$63.76M16.43x0.90
PZZA
PAPA JOHNS INTERNATIONAL INC
NASDAQ
Restaurants
$1.76B$53.320.19%$209.30M23.28x-2.80
WEN
WENDY's CO
NASDAQ
Restaurants
$3.90B$19.00-2.21%$557.06M19.19x16.67
TXRH
TEXAS ROADHOUSE INC
NASDAQ
Restaurants
$11.17B$167.220.44%$537.54M33.65x1.33
MCD
MCDONALDS CORP
NYSE
Restaurants
$198.19B$275.002.63%$14.06B23.23x-12.07
BLMN
BLOOMIN' BRANDS INC
NASDAQ
Restaurants
$1.99B$23.050.26%$418.32M27.12x10.21
PTLO
PORTILLO's INC
NASDAQ
Restaurants
$740.58M$10.110.60%$78.31M24.07x2.68
RAVE
RAVE RESTAURANT GROUP INC
NASDAQ
Restaurants
$26.99M$1.850.00%$3.34M11.56x0.27
BROS
DUTCH BROS INC
NYSE
Restaurants
$6.38B$36.039.85%$144.25M200.17x3.30
RICK
RCI HOSPITALITY HOLDINGS INC
NASDAQ
Restaurants
$448.72M$48.12-6.76%$58.40M23.70x1.14
ARCO
ARCOS DORADOS HOLDINGS INC
NYSE
Restaurants
$2.34B$11.110.18%$458.52M12.92x4.86
SBUX
STARBUCKS CORP
NASDAQ
Restaurants
$86.21B$76.110.57%$7.52B20.85x-4.47
WING
WINGSTOP INC
NASDAQ
Restaurants
$11.45B$390.02-1.95%$143.75M138.30x-1.95
JACK
JACK IN THE BOX INC
NASDAQ
Restaurants
$1.03B$52.81-1.84%$311.73M9.20x-5.08
CBRL
CRACKER BARREL OLD COUNTRY STORE INC
NASDAQ
Restaurants
$1.25B$56.274.71%$268.84M14.93x3.73
DIN
DINE BRANDS GLOBAL INC
NYSE
Restaurants
$674.57M$43.791.72%$209.14M7.81x-7.93
NATH
NATHANS FAMOUS INC
NASDAQ
Restaurants
$273.63M$66.99-0.67%$33.41M14.41x-2.23
CAVA
CAVA GROUP INC
NYSE
Restaurants
$9.01B$79.074.90%$52.63M359.41x0.72
DRI
DARDEN RESTAURANTS INC
NYSE
Restaurants
$17.69B$148.250.91%$1.73B17.24x4.21
DPZ
DOMINOS PIZZA INC
NYSE
Restaurants
$18.09B$518.650.27%$946.83M33.53x-1.44
SHAK
SHAKE SHACK INC
NYSE
Restaurants
$4.38B$103.28-1.70%$188.74M172.13x2.57
BDL
FLANIGANS ENTERPRISES INC
NYSEMKT
Restaurants
$51.11M$27.50-1.79%$11.43M14.71x1.22
YUM
YUM BRANDS INC
NYSE
Restaurants
$38.76B$137.62-0.24%$2.49B24.02x-1.80
SG
SWEETGREEN INC
NYSE
Restaurants
$3.58B$31.5633.96%-$16.99M-33.94x0.79
FWRG
FIRST WATCH RESTAURANT GROUP INC
NASDAQ
Restaurants
$1.26B$20.94-1.83%$106.29M53.69x1.23
SDOT
SADOT GROUP INC
NASDAQ
Restaurants
$16.10M$0.314.01%-$5.56M-1.41x7.39
BH
BIGLARI HOLDINGS INC
NYSE
Restaurants
$482.41M$212.001.19%$53.75M4.74x0.43
BTBD
BT BRANDS INC
NASDAQ
Restaurants
$8.37M$1.34-10.07%-$323.37k-9.57x0.59
LOCO
EL POLLO LOCO HOLDINGS INC
NASDAQ
Restaurants
$326.23M$10.49-0.76%$56.94M12.95x1.33
CNNE
CANNAE HOLDINGS INC
NYSE
Restaurants
$1.29B$20.551.63%-$374.30M-3.71x0.15
DENN
DENNY's CORP
NASDAQ
Restaurants
$423.95M$8.152.00%$63.43M18.52x-9.26
STKS
ONE GROUP HOSPITALITY INC
NASDAQ
Restaurants
$167.15M$5.32-3.27%$22.44MN/A3.56
GENK
GEN RESTAURANT GROUP INC
NASDAQ
Restaurants
$361.32M$11.1610.50%$17.61M139.50x19.60
PNST
PINSTRIPES HOLDINGS INC
NYSE
Restaurants
$120.26M$3.00-3.23%$19.35M-2.03x-3.94
BFI
BURGERFI INTERNATIONAL INC
NASDAQ
Restaurants
$10.76M$0.40-2.21%-$8.79M-0.33x3.52
CHSN
CHANSON INTERNATIONAL HOLDING
NASDAQ
Restaurants
$23.79M$1.920.79%$3.58M638.33x2.20
ARKR
ARK RESTAURANTS CORP
NASDAQ
Restaurants
$49.88M$13.84-1.14%-$661.00k-7.95x2.34
BJRI
BJS RESTAURANTS INC
NASDAQ
Restaurants
$789.18M$33.75-0.85%$125.10M32.77x1.78
TAST
CARROLS RESTAURANT GROUP INC
NASDAQ
Restaurants
$502.01M$9.540.00%$141.16M16.45x7.36
EAT
BRINKER INTERNATIONAL INC
NYSE
Restaurants
$2.62B$58.820.51%$384.20M17.10x-54.44
FAT
FAT BRANDS INC
NASDAQ
Restaurants
$92.15M$5.42-27.73%$36.52M-0.88x-5.67
REBN
REBORN COFFEE INC
NASDAQ
Restaurants
$9.21M$3.395.28%-$3.33M-11.30x4.72
YOSH
YOSHIHARU GLOBAL CO
NASDAQ
Restaurants
$5.15M$3.87-3.25%-$2.23M-1.69x3.91
GTIM
GOOD TIMES RESTAURANTS INC
NASDAQ
Restaurants
$30.92M$2.81-2.43%$3.72M46.83x1.80
NDLS
NOODLES & CO
NASDAQ
Restaurants
$93.87M$2.07-3.72%$21.01M-7.39x15.45
RRGB
RED ROBIN GOURMET BURGERS INC
NASDAQ
Restaurants
$118.12M$7.60-2.81%$71.83M-5.67x-37.30
PBPB
POTBELLY CORP
NASDAQ
Restaurants
$262.90M$8.81-4.03%$45.57M62.93x14.91
THCH
TH INTERNATIONAL LTD
NASDAQ
Restaurants
$189.15M$1.140.88%-$95.41M-1.45x-6.18

Restaurant Stocks FAQ

What are the best restaurant stocks to buy right now in May 2024?

According to Zen Score, the 3 best restaurant stocks to buy right now are:

1. Chipotle Mexican Grill (NYSE:CMG)


Chipotle Mexican Grill (NYSE:CMG) is the top restaurant stock with a Zen Score of 53, which is 22 points higher than the restaurant industry average of 31. It passed 18 out of 33 due diligence checks and has strong fundamentals. Chipotle Mexican Grill has seen its stock return 57.64% over the past year, overperforming other restaurant stocks by 25 percentage points.

Chipotle Mexican Grill has an average 1 year price target of $3,194.96, a downside of -1.37% from Chipotle Mexican Grill's current stock price of $3,239.23.

Chipotle Mexican Grill stock has a consensus Buy recommendation according to Wall Street analysts. Of the 24 analysts covering Chipotle Mexican Grill, 41.67% have issued a Strong Buy rating, 25% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Yum China Holdings (NYSE:YUMC)


Yum China Holdings (NYSE:YUMC) is the second best restaurant stock with a Zen Score of 50, which is 19 points higher than the restaurant industry average of 31. It passed 17 out of 38 due diligence checks and has strong fundamentals. Yum China Holdings has seen its stock lose -38.15% over the past year, underperforming other restaurant stocks by -71 percentage points.

Yum China Holdings has an average 1 year price target of $49.10, an upside of 29.76% from Yum China Holdings's current stock price of $37.84.

Yum China Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Yum China Holdings, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Cheesecake Factory (NASDAQ:CAKE)


Cheesecake Factory (NASDAQ:CAKE) is the third best restaurant stock with a Zen Score of 47, which is 16 points higher than the restaurant industry average of 31. It passed 17 out of 38 due diligence checks and has strong fundamentals. Cheesecake Factory has seen its stock return 14.96% over the past year, underperforming other restaurant stocks by -17 percentage points.

Cheesecake Factory has an average 1 year price target of $39.10, an upside of 3.85% from Cheesecake Factory's current stock price of $37.65.

Cheesecake Factory stock has a consensus Hold recommendation according to Wall Street analysts. Of the 10 analysts covering Cheesecake Factory, 20% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

What are the restaurant stocks with highest dividends?

Out of 21 restaurant stocks that have issued dividends in the past year, the 3 restaurant stocks with the highest dividend yields are:

1. Cracker Barrel Old Country Store (NASDAQ:CBRL)


Cracker Barrel Old Country Store (NASDAQ:CBRL) has an annual dividend yield of 9.24%, which is 6 percentage points higher than the restaurant industry average of 2.86%. Cracker Barrel Old Country Store's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Cracker Barrel Old Country Store's dividend has shown consistent growth over the last 10 years.

Cracker Barrel Old Country Store's dividend payout ratio of 137.9% indicates that its high dividend yield might not be sustainable for the long-term.

2. Ark Restaurants (NASDAQ:ARKR)


Ark Restaurants (NASDAQ:ARKR) has an annual dividend yield of 5.42%, which is 3 percentage points higher than the restaurant industry average of 2.86%. Ark Restaurants's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Ark Restaurants's dividend has not shown consistent growth over the last 10 years.

Ark Restaurants's dividend payout ratio of -39.5% indicates that its high dividend yield might not be sustainable for the long-term.

3. Wendy's Co (NASDAQ:WEN)


Wendy's Co (NASDAQ:WEN) has an annual dividend yield of 5.26%, which is 2 percentage points higher than the restaurant industry average of 2.86%. Wendy's Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Wendy's Co's dividend has shown consistent growth over the last 10 years.

Wendy's Co's dividend payout ratio of 101% indicates that its high dividend yield might not be sustainable for the long-term.

Why are restaurant stocks up?

Restaurant stocks were up 0.4% in the last day, and up 1.99% over the last week. Sweetgreen was the among the top gainers in the restaurants industry, gaining 33.96% yesterday.

Sweetgreen shares are trading higher after the company reported better-than-expected Q1 sales results.

What are the most undervalued restaurant stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued restaurant stocks right now are:

1. Rci Hospitality Holdings (NASDAQ:RICK)


Rci Hospitality Holdings (NASDAQ:RICK) is the most undervalued restaurant stock based on WallStreetZen's Valuation Score. Rci Hospitality Holdings has a valuation score of 86, which is 55 points higher than the restaurant industry average of 31. It passed 6 out of 7 valuation due diligence checks.

Rci Hospitality Holdings's stock has dropped -37.03% in the past year. It has underperformed other stocks in the restaurant industry by -69 percentage points.

2. Bloomin' Brands (NASDAQ:BLMN)


Bloomin' Brands (NASDAQ:BLMN) is the second most undervalued restaurant stock based on WallStreetZen's Valuation Score. Bloomin' Brands has a valuation score of 71, which is 40 points higher than the restaurant industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Bloomin' Brands's stock has gained 0.3% in the past year. It has underperformed other stocks in the restaurant industry by -32 percentage points.

3. Cracker Barrel Old Country Store (NASDAQ:CBRL)


Cracker Barrel Old Country Store (NASDAQ:CBRL) is the third most undervalued restaurant stock based on WallStreetZen's Valuation Score. Cracker Barrel Old Country Store has a valuation score of 71, which is 40 points higher than the restaurant industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Cracker Barrel Old Country Store's stock has dropped -42.7% in the past year. It has underperformed other stocks in the restaurant industry by -75 percentage points.

Are restaurant stocks a good buy now?

46.15% of restaurant stocks rated by analysts are a buy right now. On average, analysts expect restaurant stocks to rise by 4.34% over the next year.

What is the average p/e ratio of the restaurants industry?

The average P/E ratio of the restaurants industry is 42.03x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.