YUM! Brands and Three Additional Stocks Under Scanner in the Restaurants Space
Stock Research Monitor: SONC, TXRH, and WING
LONDON, UK / ACCESSWIRE / June 27, 2018 / If you want a free Stock Review on YUM sign up now at www.wallstequities.com/registration. WallStEquities.com scans Sonic Corp. (NASDAQ: SONC), Texas Roadhouse Inc. (NASDAQ: TXRH), Wingstop Inc. (NASDAQ: WING), and YUM! Brands Inc. (NYSE: YUM). Restaurants companies are essentially retailers of prepared foods, and their operating performance is influenced by many of the same factors that affect traditional retail stores. All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Sonic
On Tuesday, shares in Oklahoma City, Oklahoma headquartered Sonic Corp. recorded a trading volume of 2.00 million shares, which was above their three months average volume of 868,920 shares. The stock ended at $35.63, rising 1.77% from the last trading session. The Company’s shares have gained 45.43% in the last month, 40.61% over the previous three months, and 27.71% over the past year. The stock is trading above its 50-day and 200-day moving averages by 28.94% and 36.83%, respectively. Furthermore, shares of Sonic, which operates and franchises a chain of quick-service drive-in restaurants in the US, have a Relative Strength Index (RSI) of 81.54.
On June 11th, 2018, Sonic announced the new Crispy Tenders fromSONIC®Drive-In. These 100% all white meat chicken tendersare now available on the Restaurant’s menu across the US. Get the full research report on SONC for free by clicking below at:
www.wallstequities.com/registration/?symbol=SONC
Texas Roadhouse
Louisville, Kentucky-based Texas Roadhouse Inc.’s stock finished yesterday’s session 1.25% higher at $67.97 with a total trading volume of 508,137 shares. The Company’s shares have gained 11.87% in the last month, 19.56% over the previous three months, and 34.78% over the past year. The stock is trading above its 50-day and 200-day moving averages by 7.86% and 21.24%, respectively. Furthermore, shares of Texas Roadhouse, which together with its subsidiaries, operates casual dining restaurants in the US and internationally, have an RSI of 66.83. Get access to our top-rated research, including the free report on TXRH at:
www.wallstequities.com/registration/?symbol=TXRH
Wingstop
At the close of trading on Tuesday, shares in Dallas, Texas headquartered Wingstop Inc. rose slightly by 0.89%, ending the day at $53.12. The stock recorded a trading volume of 595,112 shares, which was above its three months average volume of 586,010 shares. The Company’s shares have advanced 4.57% in the last month, 11.97% in the previous three months, and 81.50% over the past year. The stock is trading 3.29% and 25.78% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Wingstop, which together with its subsidiaries, franchises and operates restaurants under the Wingstop brand name, have an RSI of 56.20.
On June 07th, 2018, research firm Wedbush upgraded the Company’s stock rating from ‘Neutral’ to ‘Outperform’ while revising its previous target price from $51 a share to $59 a share.
On June 11th, 2018, Wingstop announced that Maurice Cooper has been appointed to the role of Senior Vice President and Chief Marketing Officer. Mr. Cooper will be responsible for overseeing the Chain’s global marketing strategy and execution, and will report to Charlie Morrison, Chairman and CEO. Click here to subscribe for a free membership which welcomes you with our report on WING at:
www.wallstequities.com/registration/?symbol=WING
YUM! Brands
Louisville, Kentucky headquartered YUM! Brands Inc.’s shares ended the day 1.81% higher at $80.01 with a total trading volume of 2.08 million shares. The stock has gained 7.05% over the past year. The Company’s shares are trading 1.33% below their 200-day moving average. Additionally, shares of YUM! Brands, which together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide, have an RSI of 39.22.
On June 19th, 2018, Pizza Hut, a subsidiary of Yum! Brands,announced its commitment to serve chicken raised free of antibiotics important to human medicine (per World Health Organization) by 2022. This commitment comprises all chicken, including the Company’s WingStreet wings, and comes roughly a year after the brand completed the removal of antibiotics important to human medicine from its chicken for pizza. Join our big investor community at Wall St. Equities today and get your free report on YUM at:
www.wallstequities.com/registration/?symbol=YUM
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you’re a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@wallstequities.com
Phone number: 21 32 044 483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Wall St. Equities
ReleaseID: 503854