Burger King Worldwide, Inc. ( BKW ) was a big mover last session, as the company saw its shares rise over 19% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $26.09 to $27.11 in the past one-month time frame.
The company has seen 4 positive estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead for Burger King. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Burger King Worldwide currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Investors interested in the restaurant industry may consider stocks like BJ's Restaurants, Inc. ( BJRI
), Chipotle Mexican Grill, Inc. ( CMG
) and Jamba, Inc. ( JMBA
). All these stocks carry a Zacks Rank #1 (Strong Buy).
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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 reportBURGER KING WWD (BKW): Free Stock Analysis ReportBJ'S RESTAURANT (BJRI): Free Stock Analysis ReportJAMBA INC (JMBA): Free Stock Analysis ReportCHIPOTLE MEXICN (CMG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research