Streetbeat News

GENK

GEN Restaurant Group, Inc.

https://www.genkoreanbbq.com

Industry

Restaurants

GEN Restaurant Group, Inc. operates restaurants in California, Arizona, Hawaii, Nevada, New York, and Texas. Its restaurants specialize in various flavored meats for Korean barbeque. The company was founded in 2011 and is based in Cerritos, California.

Open

8.28

Mkt cap

285M

Volume

87K

High

8.83

P/E Ratio

4.17

52-wk high

14.46

Low

8.28

Div yield

N/A

52-wk low

5.61

GEN Restaurant Group's shares surged following the announcement of their Q1 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 9:11 pm

In Tuesday's after-market session, several consumer discretionary stocks showed significant movement. GameStop, Rent the Runway, and Petco Health and Wellness were among the top gainers, while Cheetah Net Supply Chain, Chijet Motor Co, and Faraday Future led the losers. Notably, earnings reports influenced several stock movements.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 8:31 pm

GEN Restaurant Gr (NASDAQ:GENK) reported Q1 earnings of $0.11 per share, surpassing the $0.01 estimate, with sales of $50.76M beating the $48.05M estimate, marking a 15.73% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:16 pm

In Friday's intraday session, several consumer discretionary stocks experienced significant movements. Kidpik, Mullen Automotive, Fitell, RH, GEN Restaurant Gr, and Dogness saw their shares rise, with RH's increase attributed to its Q4 earnings report. Conversely, Selina Hospitality, SRIVARU Holding, Twin Vee PowerCats, NWTN, Dixie Gr, and MGO Global faced declines, with Twin Vee PowerCats' drop following its Q4 earnings.

Portfolio Pulse from Benzinga Insights

March 29, 2024 | 4:31 pm

In Tuesday's after-market session, several consumer discretionary stocks showed notable movements. Educational Development, Golden Sun Health, Worksport, Barnes & Noble Education, 2U, and Xponential Fitness were among the gainers, with increases ranging from 4.98% to 35.3%. On the downside, Allbirds, Latham Group, Super Group, ZHONGCHAO, PlayAGS, and GEN Restaurant Group experienced declines between 5.1% and 15.1%, with some attributing their drops to recent Q4 earnings releases.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:33 pm

GEN Restaurant Gr (NASDAQ:GENK) received mixed analyst ratings over the past three months, with a shift towards more bullish perspectives in the last 30 days. The average 12-month price target was adjusted to $12.2, down from $14.80, reflecting a 17.57% decline. Analysts from Craig-Hallum, Benchmark, and Roth MKM adjusted their price targets and maintained a 'Buy' rating, indicating a positive outlook despite the adjustments. GEN Restaurant Gr, known for its Korean BBQ and dining experience, has shown notable financial performance with a revenue growth rate of 7.41%, a net margin of 0.74%, and an ROE of 6.78%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:00 pm

Craig-Hallum analyst Jeremy Hamblin maintains a Buy rating on GEN Restaurant Gr (NASDAQ:GENK) but lowers the price target from $13 to $10.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:50 pm

Benchmark analyst Todd Brooks maintains a Buy rating on GEN Restaurant Gr (NASDAQ:GENK) but lowers the price target from $16 to $14.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 4:41 pm

Roth MKM analyst George Kelly has reiterated a Buy rating on GEN Restaurant Gr (NASDAQ:GENK) but has lowered the price target from $11 to $10.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:24 pm

GEN Restaurant Gr (NASDAQ:GENK) reported Q4 earnings with a loss of $(0.01) per share, missing the consensus estimate of $0.03. However, their quarterly sales of $45.11M exceeded the estimate of $43.95M, marking a 10.43% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 9:13 pm

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