Famous Dave's of America Inc. (DAVE) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company — as the stock is now down more than 7% since Apr 2, 2014.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Famous Dave's of America currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the restaurant industry may consider stocks like Ignite Restaurant Group, Inc. (IRG), The Wendy's Company (WEN) and Jack in the Box Inc. (JACK). While Ignite Restaurant and The Wendy's Company sport a Zacks Rank #1 (Strong Buy), Jack in the Box has a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment