Following positive sales during the favored holiday season, restaurant stocks are headed in different individual directions, all too often hit by foreign currency headwinds globally.
McDonald’s Corp (MCD) is presently overvalued trading at price-to-book of 12.72, higher that the 5.56 peer median. Revenue in the third quarter fell 5% on slower growth in the United States.
Sonic Corp (SONC) beat analyst estimates in the fiscal first quarter that ended in November thanks to its drive-in style at restaurants and other client groups. Its earnings outpace revenue by seven times.
Prices at Chipotle Mexican Grill Inc (CMG) have gone up, and the stock is down -31.29% in the past six months and down -36.11% yearly.
Krispy Kreme Doughnuts Inc (KKD) is back to strengh after missing estimates in six of the past eight quarters. Shares plunged 24% in 2015.