NEW YORK, November 28, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on CAKE, DNKN, WEN, and ARCO which is a click away at http://www.wallstequities.com/registration. The Global Food Service Market is projected to display a vigorous growth, represented by a CAGR of 7.01% during 2017 to 2022, primarily driven by increasing urbanization and rising spent on dining out by millennials, according to a report by Research and Markets. This morning, WallStEquities.com redirects investors' attention to the Restaurants space to see how select equities have fared over the previous trading sessions: The Cheesecake Factory Inc. (NASDAQ: CAKE), Dunkin' Brands Group Inc. (NASDAQ: DNKN), The Wendy's Co. (NASDAQ: WEN), and Arcos Dorados Holdings Inc. (NYSE: ARCO). In its free research reports, Wall St. Equities offers timely insights on these equities at:http://www.wallstequities.com/registration
Agoura Hills, California headquartered The Cheesecake Factory Inc.'s shares rose 0.89%, finishing Monday's trading session at $45.23. A total volume of 1.20 million shares was traded, which was higher than their three months average volume of 1.46 million shares. In the last month and the previous three months, the stock has advanced 2.38% and 9.33%, respectively. The Company's shares are trading above their 50-day moving average by 4.94%. Moreover, shares of Cheesecake Factory, which operates restaurants primarily in the US, have a Relative Strength Index (RSI) of 57.79.
On November 02nd, 2017, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $57 a share to $54 a share.
On November 21st, 2017, Cheesecake Factory announced the opening of its newest restaurant in Toronto, Canada. With more than 250 menu selections, including Saturday and Sunday Brunch -handmade, in-house with fresh ingredients - and more than fifty signature cheesecakes and desserts, the Restaurant's opening provides exciting new choices for shoppers and area residents. Today's daily Complimentary report on CAKE is accessible at:http://www.wallstequities.com/registration/?symbol=CAKE
Dunkin' Brands Group
On Monday, shares in Canton, Massachusetts headquartered Dunkin' Brands Group Inc. recorded a trading volume of 453,507 shares, and ended the session 0.02% higher at $56.24. The stock has gained 1.10% in the last one month, 7.82% over the previous three months, and 7.25% on an YTD basis. The Company's shares are trading 1.10% above their 50-day moving average and 2.29% above their 200-day moving average. Furthermore, shares of Dunkin' Brands have an RSI of 47.70.
On November 09th, 2017, Dunkin' Brands received a score of 90% in its debut on the 2018 Corporate Equality Index, a national benchmarking survey and report on corporate policies and practices relating to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality, administered by the Human Rights Campaign Foundation. The Company's score reflects a commitment to LGBTQ workplace equality, with respect to tangible policies, benefits, and practices. To experience our free membership services anytime/ anywhere and access the free report on DNKN, click to register at: http://www.wallstequities.com/registration/?symbol=DNKN
Shares in Dublin, Ohio headquartered The Wendy's Co. closed at $13.70, down 1.15% from the last trading session. The stock recorded a trading volume of 2.88 million shares. The Company's shares have gained 1.33% since the start of this year. The stock is trading 8.06% below its 200-day moving average. Additionally, shares of Wendy's have an RSI of 26.74.
On November 02nd, 2017, Wendy's announced the declaration of its regular quarterly cash dividend of $0.07 per share, payable on December 15th, 2017, to shareholders of record as of December 01st, 2017. The approximate number of common shares outstanding as of October 31st, 2017, was 242.2 million. Join our big investor community at Wall St. Equities today and start so with your free report on WEN at:http://www.wallstequities.com/registration/?symbol=WEN
Arcos Dorados Holdings
Montevideo, Uruguay-based Arcos Dorados Holdings Inc.'s stock ended flat at $10.25. A total volume of 438,243 shares was traded, which was above their three months average volume of 428,910 shares. The Company's shares have advanced 0.99% in the last one month, 15.82% over the previous three months, and 89.81% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.16% and 19.58%, respectively. Furthermore, shares of Arcos Dorados, which operates as a franchisee of McDonald's restaurants, have an RSI of 52.42.
On November 08th, 2017, Arcos Dorados reported unaudited results for the third quarter ended September 30th, 2017. Consolidated revenues for Q3 2017 increased to $842.5 million, net income was $23.4 million, adjusted EBITDA increased to $74.2 million, and consolidated adjusted EBITDA margin expanded to 8.8%. Cash and cash equivalents were $269.8 million at September 30th, 2017.
On November 15th, 2017, research firm HSBC Securities initiated a 'Buy' rating on the Company's stock, with a target price of $12 per share. Know more about ARCO in our free research coverage at:http://www.wallstequities.com/registration/?symbol=ARCO
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