Popeyes Louisiana Kitchen, Inc. ( PLKI ) was a big mover last session with shares rising over 14% 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 way above the past one month's volatile price range of $36.34 to $38.19.
This restaurant chain has seen one positive estimate revision in the last 30 days. However, the Zacks Consensus Estimate has remained unchanged over the same period. Yesterday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.
Popeyes Louisiana Kitchen currently holds a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Investors interested in the restaurant industry can also consider other well-placed stocks like Buffalo Wild Wings Inc. ( BWLD ), Burger King Worldwide, Inc. ( BKW ) and Denny's Corp. ( DENN ). While BWLD sports a Zacks Rank #1 (Strong Buy), BKW and DENN bear a Zacks Rank #2 (Buy).
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