13.03.2017 13:30:00

Research Reports Initiation on Restaurants Stocks -- Dunkin' Brands, Chipotle Mexican Grill, Sonic, and Texas Roadhouse

NEW YORK, March 13, 2017 /PRNewswire/ --

This morning, Stock-Callers.com evaluates the current performances of four equities in the Restaurants space, and they are Dunkin' Brands Group Inc. (NASDAQ: DNKN), Chipotle Mexican Grill Inc. (NYSE: CMG), Sonic Corp. (NASDAQ: SONC), and Texas Roadhouse Inc. (NASDAQ: TXRH). According to a research report by National Restaurant Association, Restaurant industry sales are expected to reach $799 billion in 2017. Although this will represent the eighth consecutive year of real growth in restaurant sales, the rate of growth remains moderate. The industry will also remain the second largest private sector employer in the US, with a workforce of 14.7 million. Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

Dunkin' Brands  

Last Friday, shares in Massachusetts headquartered Dunkin' Brands Group Inc. ended the session 0.63% higher at $53.95. The stock recorded a trading volume of 515,222 shares. The Company's shares have advanced 4.43% in the last month, 0.17% in the previous three months, and 3.50% since the start of this year. The stock is trading 2.47% and 10.10% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Dunkin' Brands Group, which together with its subsidiaries, develops, franchises, and licenses quick service restaurants under the Dunkin' Donuts and Baskin-Robbins brands worldwide, have a Relative Strength Index (RSI) of 53.02.

On March 07th, 2017, Dunkin' Donuts announced the signing of multi-unit store development agreements with two franchise groups to develop a total of 17 Dunkin' Donuts restaurants throughout Alabama and Mississippi over the next several years. Existing franchisee Birmingham Donut Holdings, LLC, plans to develop nine new Dunkin' Donuts restaurants in Birmingham, Alabama. New franchise group, Lagunita Franchise Operations, LLC, plans to develop five new restaurants in Mobile, Alabama and three restaurants in Biloxi, Mississippi. The free research report on DNKN is available at:

http://stock-callers.com/registration/?symbol=DNKN


Chipotle Mexican Grill  

Denver, Colorado-based Chipotle Mexican Grill Inc.'s stock declined 0.67%, to close the day at $407.75 with a total trading volume of 615,067 shares. The Company's shares have advanced 1.19% in the past month, 10.78% in the previous three months, and 8.06% on an YTD basis. The stock is trading 0.23% above its 200-day moving average. Additionally, shares of Chipotle Mexican Grill, which together with its subsidiaries, develops and operates Chipotle Mexican Grill restaurants, have an RSI of 41.84.

On February 20th, 2017, Chipotle announced that it has completed the rollout of its "Smarter Pickup Times" technology to all its restaurants that offer digital ordering. The advanced technology allows customers who order digitally to benefit from shorter and more accurate pickup times and the ability to reserve a future pickup time. The technology enhances all forms of digital ordering including web ordering as well as the Company's ordering apps for iOS and Android. "Smarter Pickup Times" also improves the Company's ability to process more digital orders without disrupting service or throughput in its restaurants. The complimentary report on CMG can be downloaded at:


http://stock-callers.com/registration/?symbol=CMG


Sonic  

Shares in Oklahoma City, Oklahoma headquartered Sonic Corp. recorded a trading volume of 933,234 shares at the close of the last trading session, which was above their three months average volume of 846,540 shares. The stock ended the day 0.90% higher at $23.55. The Company's shares are trading below their 50-day moving average by 8.70%. Furthermore, shares of Sonic, which operates and franchises a chain of quick-service drive-in restaurants in the US, have an RSI of 28.98.

On March 02nd, 2017, Sonic announced the completion of its previously announced refranchising initiative. The Company also announced that it will release results for the quarter ended February 28th, 2017, after the market close on March 28th, 2017. Visit us today and download our complete research report on SONC for free at:

http://stock-callers.com/registration/?symbol=SONC


Texas Roadhouse  

Louisville, Kentucky-based Texas Roadhouse Inc.'s shares finished Friday's session 0.36% higher at $41.37. A total volume of 1.08 million shares was traded, which was above their three months average volume of 869,070 shares. The stock is trading below its 200-day moving average by 7.23%. Furthermore, shares of Texas Roadhouse, which together with its subsidiaries, operates full-service casual dining restaurants in the US and internationally, have an RSI of 30.24.

On February 21st, 2017, Texas Roadhouse announced comparable restaurant sales growth of 1.2% at Company restaurants for Q4 2016. The Company's Restaurant margin, as a percentage of restaurant sales, decreased 44 basis points to 17.1% in Q4 2016, while Restaurant margin dollars increased 4.0% to $82.4 million in Q4 2016 from $79.2 million in Q4 2015. Texas Roadhouse's diluted earnings per share decreased 10.3% to $0.29 in Q4 2016 from $0.32 in Q4 2015.

On February 22nd, 2017, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $56 a share to $52 a share. Get free access to your technical report on TXRH at:

http://stock-callers.com/registration/?symbol=TXRH

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