22.05.2017 13:10:00
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Technical Reports on Restaurants Equities -- Bloomin' Brands, Brinker, Yum China, and Del Taco Restaurants
NEW YORK, May 22, 2017 /PRNewswire/ --
Companies in the Restaurants industry operate restaurants and other eating places, including full-service restaurants, quick-service restaurants, cafeterias and buffets, and snack bars. In today's pre-market research, Stock-Callers.com observes the performance of these four stocks: Bloomin' Brands Inc. (NASDAQ: BLMN), Brinker International Inc. (NYSE: EAT), Yum China Holdings Inc. (NYSE: YUMC), and Del Taco Restaurants Inc. (NASDAQ: TACO). This morning's research reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
Bloomin' Brands
Last Friday, shares in Tampa, Florida headquartered Bloomin' Brands Inc. ended the session 2.28% lower at $20.12. The stock recorded a trading volume of 1.81 million shares, which was above its three months average volume of 1.57 million shares. The Company's shares have advanced 2.56% in the last month, 7.55% in the previous three months, and 12.51% since the start of this year. The stock is trading 1.33% and 9.35% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Bloomin' Brands, which through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants primarily in the US and internationally, have a Relative Strength Index (RSI) of 41.39.
On April 28th 2017, Bloomin' Brands announced the sale and refranchising of 45 Outback Steakhouses in Arizona, Colorado, Nevada, and New Mexico to Cerca Trova Restaurant Concepts, Inc. and its affiliates, along with eight Outback restaurants and one Carrabba's Italian Grill in Montana, South Dakota, Utah, and Wyoming to Evergreen Restaurant Group LLC. The transactions closed on April 25th, 2017 and April 27th, 2017, respectively.
On May 19th, 2017, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Visit us today and access our complete research report on BLMN at:
http://stock-callers.com/registration/?symbol=BLMN
Brinker
Dallas, Texas-based Brinker International Inc.'s stock declined 1.13%, to close the day at $41.07 with a total trading volume of 962,478 shares. The Company's shares are trading 4.91% below their 50-day moving average. Shares of the Company, which together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants worldwide, have an RSI of 34.51.
On April 25th, 2017, Brinker International announced results for Q3 FY17 ended March 29th, 2017. Q3 2017 highlights included: GAAP earnings per diluted share of $0.86; earnings per diluted share, excluding special items, of $0.94; total revenues of $810.6 million; and company sales of $790.6 million. Additionally, cash flows provided by operating activities were $243.6 million and capital expenditures totaled $79.7 million for the first nine months of FY17. The complimentary report on EAT can be downloaded at:
http://stock-callers.com/registration/?symbol=EAT
Yum China
Shares in Shanghai, China headquartered Yum China Holdings Inc. recorded a trading volume of 2.11 million shares at the close of the last trading session. The stock ended the day 2.14% higher at $36.35. The Company's shares have advanced 9.89% in the last one month, 36.81% over the previous three months, and 39.17% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 17.86% and 29.06%, respectively. Furthermore, shares of Yum China, which operates as a restaurant company in China, have an RSI of 71.09.
On May 05th, 2017, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'.
On May 15th, 2017, Yum China announced that it has entered into a definitive agreement to acquire a controlling interest in the holding company of DAOJIA.com.cn. The transaction is expected to close by the end of May 2017, subject to customary closing conditions. Register for free on Stock-Callers.com and access the latest research report on YUMC at:
http://stock-callers.com/registration/?symbol=YUMC
Del Taco Restaurants
Lake Forest, California headquartered Del Taco Restaurants Inc.'s shares finished Friday's session 1.81% lower at $13.00. A total volume of 213,793 shares was traded. The stock is trading above its 50-day moving average by 0.69%. Furthermore, shares of Del Taco Restaurants, which develops, franchises, owns, and operates Del Taco quick-service Mexican-American restaurants in the US, have an RSI of 48.37.
On April 25th, 2017, Del Taco Restaurants recently signed a multi-unit franchise development agreement that will extend the brand's presence into Tennessee. Led by experienced restaurateur Tom Getz, development efforts include plans to open the first of seven units in the broader Chattanooga area by 2019. Initial locations are slated to open throughout Hamilton and Bradley Counties in Tennessee, as well as expansion into Whitfield, Catoosa, and Gordon Counties in Georgia. Get free access to your research report on TACO at:
http://stock-callers.com/registration/?symbol=TACO
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Aktien in diesem Artikel
Bloomin' Brands Inc | 11,60 | -2,52% | |
Brinker International Inc. | 121,00 | 0,00% | |
Yum China Holdings Inc | 47,09 | -1,53% |