Bravo Brio Restaurant Group, Inc. (BBRG) was a big mover last session with shares rising nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one month’s volatile price range of $14.05 to $15.60.
This restaurant chain has seen one negative estimate revision in the last 30 days. The Zacks Consensus Estimate has also moved lower over the same period. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can last.
Bravo Brio currently holds a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.
Investors interested in the restaurant industry may consider better-ranked stocks like Famous Dave's of America Inc. (DAVE), Ignite Restaurant Group, Inc. (IRG) and The Wendy's Company (WEN). All three stocks sport a Zacks Rank #1 (Strong Buy).
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BRAVO BRIO RESTAURANT GROUP INC (BBRG): Free Stock Analysis Report
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