Bob Evans (BOBE) Falls: Stock Goes Down 5.2% - Tale of the Tape

Bob Evans Farms, Inc. (NASDAQ: BOBE) saw a big move last session, as the company's shares fell by over 5% on the day. The move came on pretty good 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 below the volatile price range of $48.54 to $51.82 in the past one-month time frame.
 
The restaurants operating company has seen a flat record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
 
BOBE currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
 
Investors interested in the restaurants industry may consider better-ranked stocks like Famous Dave's of America Inc. (NASDAQ: DAVE), Ignite Restaurant Group, Inc. (NASDAQ: IRG) and The Wendy's Company (NASDAQ: WEN). All these stocks carry a Zacks Rank #1 (Strong Buy).
 
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BOB EVANS FARMS (NASDAQ: BOBE): Free Stock Analysis Report
 
FAMOUS DAVES (NASDAQ: DAVE): Free Stock Analysis Report
 
IGNITE RESTRNT (NASDAQ: IRG): Free Stock Analysis Report
 
WENDYS CO/THE (NASDAQ: WEN): Free Stock Analysis Report
 
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