Restaurant Stocks To Consider – November 8th

Airbnb, McDonald’s, and DraftKings are the three Restaurant stocks to watch today, according to MarketBeat’s stock screener tool. Restaurant stocks are shares of publicly traded companies that operate restaurants, franchises, or restaurant-related businesses. Investors may buy them to gain exposure to the dining industry, but their performance can be affected by consumer spending, food and labor costs, and competition. These companies had the highest dollar trading volume of any Restaurant stocks within the last several days.

Airbnb (ABNB)

Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.

NASDAQ:ABNB traded up $19.86 during mid-day trading on Friday, hitting $189.99. 12,748,005 shares of the company’s stock traded hands, compared to its average volume of 3,795,553. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.41 and a current ratio of 1.41. The firm’s 50 day simple moving average is $169.07 and its 200 day simple moving average is $147.71. Airbnb has a 1 year low of $110.81 and a 1 year high of $193.45. The company has a market cap of $113.76 billion, a PE ratio of 35.51, a price-to-earnings-growth ratio of 2.17 and a beta of 1.26.

McDonald’s (MCD)

McDonald’s Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K.

MCD stock traded down $1.68 during trading on Friday, hitting $276.36. The stock had a trading volume of 6,331,310 shares, compared to its average volume of 5,659,909. The stock has a market cap of $195.56 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 3.16 and a beta of 0.42. McDonald’s has a 1-year low of $229.20 and a 1-year high of $341.75. The company’s 50 day moving average price is $248.76 and its two-hundred day moving average price is $282.57.

DraftKings (DKNG)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

DraftKings stock traded down $5.01 during midday trading on Friday, reaching $18.51. The stock had a trading volume of 69,879,748 shares, compared to its average volume of 12,319,586. The company has a debt-to-equity ratio of 3.22, a quick ratio of 1.02 and a current ratio of 1.02. DraftKings has a twelve month low of $16.55 and a twelve month high of $36.98. The stock has a market capitalization of $9.19 billion, a PE ratio of -23.14, a price-to-earnings-growth ratio of 2.43 and a beta of 1.65. The stock’s 50-day simple moving average is $21.51 and its 200 day simple moving average is $24.06.