NEW YORK, June 8, 2017 /PRNewswire/ --
DailyStockTracker.com has initiated coverage on Texas Roadhouse
Inc. (NASDAQ: TXRH), Arcos Dorados Holdings Inc. (NYSE: ARCO),
Chipotle Mexican Grill Inc. (NYSE: CMG), and Performance Food Group
Co. (NYSE: PFGC). Companies in the Restaurants industry operate
restaurants and other eating places, including full-service
restaurants, quick-service restaurants, cafeterias, buffets, and
snack bars. Learn more about these stocks by signing up for their
free reports on DailyStockTracker.com at:
http://dailystocktracker.com/register/
Texas Roadhouse
On Wednesday, shares in Louisville,
Kentucky-based Texas Roadhouse Inc. recorded a trading
volume of 894,728 shares. The stock ended the session 1.51% higher
at $51.06. The Company's shares have
gained 2.84% in the last one month, 23.51% over the previous three
months, and 5.85% on an YTD basis. The stock is trading 8.34% above
its 50-day moving average and 13.51% above its 200-day moving
average. Moreover, shares of Texas Roadhouse, which together with
its subsidiaries, operates full-service casual dining restaurants
in the US and internationally, have a Relative Strength Index (RSI)
of 68.08.
On May 18th, 2017,
Texas Roadhouse's Board of Directors of authorized the payment of a
cash dividend of $0.21 per share of
common stock. This payment will be distributed on June 30th, 2017, to shareholders of
record at the close of business on June
14th, 2017. The free research report on TXRH
is available at:
http://dailystocktracker.com/registration/?symbol=TXRH
Arcos Dorados
Montevideo, Uruguay-based Arcos
Dorados Holdings Inc.'s stock closed the day 2.87% lower at
$8.45 with a total trading volume of
314,341 shares. The Company's shares have advanced 35.20% in the
previous three months and 56.48% since the start of this year. The
stock is trading 0.23% and 29.99% above its 50-day and 200-day
moving averages, respectively. Additionally, shares of Arcos
Dorados, which operates as a franchisee of McDonald's restaurants,
have an RSI of 46.50.
On May 24th, 2017,
Arcos Dorados has been recognized as the fourth best Company in
Mexico for gender equality in a
highly regarded index developed by consultancy TOP Companies,
reinforcing its long-standing commitment to equality in the
workplace. Across Latin America,
the Company has more female employees, restaurant managers, and
women in its corporate offices than men. The Company offers
numerous facilities for mothers, including flexible schedules and
lactation hours, helping them to achieve work-life balance. The
complimentary report on ARCO can be downloaded at:
http://dailystocktracker.com/registration/?symbol=ARCO
Chipotle Mexican Grill
Shares in Denver,
Colorado-based Chipotle Mexican Grill Inc. ("CMG") recorded
a trading volume of 1.12 million shares, which was higher than
their three months average volume of 848,300 shares. The stock
ended yesterday's trading session 1.75% lower at $462.23. The Company's shares have advanced
13.71% in the previous three months and 22.50% on an YTD basis. The
stock is trading above its 200-day moving average by 9.79%.
Furthermore, shares of CMG, which together with its subsidiaries,
develops and operates Chipotle Mexican Grill restaurants, have an
RSI of 40.16.
On May 11th, 2017, CMG
announced that it has hired Scott
Boatwright as Chief Restaurant Officer, a position where he
will work with the Company's senior restaurant leadership team to
oversee restaurant operations for CMG's nearly 2,300 North American
restaurants. Boatwright comes to the Company from Arby's Restaurant
Group, where he served as Senior Vice President of operations.
On May 25th, 2017,
research firm Argus upgraded the Company's stock rating from 'Hold'
to 'Buy'. Visit us today and download our complete research report
on CMG for free at:
http://dailystocktracker.com/registration/?symbol=CMG
Performance Food
Richmond, Virginia
headquartered Performance Food Group Co.'s stock finished
Wednesday's session 0.54% higher at $28.15 with a total trading volume of 570,506
shares. The Company's shares have advanced 9.11% in the last one
month, 21.34% over the previous three months, and 17.29% since the
start of this year. The stock is trading above its 50-day and
200-day moving averages by 9.50% and 15.90%, respectively.
Additionally, shares of Performance Food, which through its
subsidiaries, markets and distributes food and food-related
products in the US, have an RSI of 62.27.
On May 10th, 2017,
Performance Food announced its Q3 and first-nine months fiscal 2017
business results. For Q3 FY17, total case volume increased 7.7%,
net sales were $4.2 billion, and
operating expenses were $474.7
million. For the first nine months of fiscal
2017, total case volume increased 6.6%, net sales were
$12.3 billion, and operating expenses
were $1.4 billion.
On May 16th, 2017,
research firm Loop Capital initiated a 'Buy' rating on the
Company's stock, with a target price of $35 per share. Get free access to your technical
report on PFGC at:
http://dailystocktracker.com/registration/?symbol=PFGC
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