Fiesta Restaurant Group, Inc. was a big mover last session, as the company saw its shares rise more than 9% on the day. The stock moved up after the company announced that CEO Tim Taft will retire at the end of the year. This led to 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 above the volatile price range of $21.93 to $24.41 over the past one month time frame.

This restaurant industry stock witnessed five negative estimate revisions in the past 30 days. The Zacks Consensus Estimate also moved down over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s move higher lasts.

Fiesta Restaurant has a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.

FIESTA RESTRNT Price

 

FIESTA RESTRNT Price | FIESTA RESTRNT Quote

However, a better-ranked stock in the same space is Del Taco Restaurants, Inc. , carrying a Zacks Rank #2 (Buy).

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