BBQ Holdings closed at $11.50 in the latest trading session, marking a +1.14% move from the prior day. This change outpaced the S&P 500's 1.15% loss on the day. At the same time, the Dow lost 0.71%, and the tech-heavy Nasdaq lost 0.13%.
Heading into today, shares of the barbeque restaurant operator had gained 2.43% over the past month, outpacing the Retail-Wholesale sector's gain of 1.85% and the S&P 500's gain of 1.44% in that time.
Wall Street will be looking for positivity from BBQ Holdings as it approaches its next earnings report date. The company is expected to report EPS of $0.35, down 27.08% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $79.31 million, up 74.23% from the year-ago period.
BBQ's full-year Zacks Consensus Estimates are calling for earnings of $1.19 per share and revenue of $301.78 million. These results would represent year-over-year changes of +67.61% and +46.06%, respectively.
It is also important to note the recent changes to analyst estimates for BBQ Holdings. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. BBQ Holdings is currently a Zacks Rank #3 (Hold).
In terms of valuation, BBQ Holdings is currently trading at a Forward P/E ratio of 9.55. For comparison, its industry has an average Forward P/E of 17.49, which means BBQ Holdings is trading at a discount to the group.
Investors should also note that BBQ has a PEG ratio of 0.68 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Restaurants industry currently had an average PEG ratio of 1.84 as of yesterday's close.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 195, which puts it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow BBQ in the coming trading sessions, be sure to utilize Zacks.com.
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BBQ Holdings (BBQ) Gains As Market Dips: What You Should Know
BBQ Holdings closed at $11.50 in the latest trading session, marking a +1.14% move from the prior day. This change outpaced the S&P 500's 1.15% loss on the day. At the same time, the Dow lost 0.71%, and the tech-heavy Nasdaq lost 0.13%.
Heading into today, shares of the barbeque restaurant operator had gained 2.43% over the past month, outpacing the Retail-Wholesale sector's gain of 1.85% and the S&P 500's gain of 1.44% in that time.
Wall Street will be looking for positivity from BBQ Holdings as it approaches its next earnings report date. The company is expected to report EPS of $0.35, down 27.08% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $79.31 million, up 74.23% from the year-ago period.
BBQ's full-year Zacks Consensus Estimates are calling for earnings of $1.19 per share and revenue of $301.78 million. These results would represent year-over-year changes of +67.61% and +46.06%, respectively.
It is also important to note the recent changes to analyst estimates for BBQ Holdings. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. BBQ Holdings is currently a Zacks Rank #3 (Hold).
In terms of valuation, BBQ Holdings is currently trading at a Forward P/E ratio of 9.55. For comparison, its industry has an average Forward P/E of 17.49, which means BBQ Holdings is trading at a discount to the group.
Investors should also note that BBQ has a PEG ratio of 0.68 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Restaurants industry currently had an average PEG ratio of 1.84 as of yesterday's close.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 195, which puts it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow BBQ in the coming trading sessions, be sure to utilize Zacks.com.