Nick Setyan

The bullish case for Starbucks Corporation (NASDAQ: SBUX)'s stock was based on the company delivering same-store sales growth and upside to EPS consensus expectations. But after conducting firsthand checks, Wedbush concluded that the likelihood of both scenarios playing out has diminished....

Shares of Starbucks Corporation (NASDAQ: SBUX) were trading lower by 5 percent Friday after the coffee and food chain's fiscal first-quarter earnings report disappointed investors across multiple metrics. Perhaps most notably, same-store sales growth of 2 percent fell short of the 3-percent...

Restaurant chain Jack in the Box Inc. (NASDAQ: JACK)'s move to sell its Qdoba business is among a handful of reasons why analysts at Wedbush are turning bullish on the stock. The Analyst Wedbush's Nick Setyan upgraded Jack in the Box's stock rating from Neutral to Outperform with a...

Investors looking for exposure in the restaurant sector are hard pressed to find a standout that boasts spectacular growth rates, but analysts at Wedbush found one: Texas Roadhouse Inc (NASDAQ: TXRH). The Analyst Wedbush's Nick Setyan initiated coverage of Texas Roadhouse's stock with an...

Wingstop Inc (NASDAQ: WING) investors saw their shares gain more than 35 percen in 2017. But some Wall Street analysts are now calling for zero appreciation in the stock throughout 2018. The Analyst Wedbush's Nick Setyan downgraded Wingstop from Outperform to Neutral with a price target...

Analysts at Wedbush took a deep dive into the restaurant industry to gain a better understanding of recent trends. During the second quarter, the quick-service restaurant sub-sector realized a 1.6-percent growth rate, fast casual was down by 0.1 percent and casual dining performed the worst and...

Several catalysts surrounding Wingstop Inc (NASDAQ: WING) have analysts at Wedbush increasingly bullish on the company’s future prospects. Wedbush analyst Nick Setyan believes same-store sales growth outperformance and recurring special dividends should generate an increasing appreciate for...

Referring to the upcoming Buffalo Wild Wings (NASDAQ: BWLD) proxy vote as "irrelevant," Wedbush analyst Nick Setyan downgraded the stock to Underperform, and lowered his price target to $115. According to Setyan, as the company continues to search for viable value-add strategies, neither...

Shake Shack Inc (NYSE: SHAK) is an industry-leading restaurant chain that boasts an underapreciated path to growth, at least according to analysts at Wedbush who turned bullish on the stock after its first-quarter earnings report. Wedbush's Nick Setyan upgraded Shake Shack's stock rating from...

“We believe current valuation appropriately reflects an improving top-line trajectory, offset by limited visibility into Chipotle Mexican Grill, Inc.’s (NYSE: CMG) nearterm margin trajectory,” Wedbush’s Nick Setyan said in a note, while maintaining a Neutral rating on the...

With Shake Shack Inc’s (NYSE: SHAK) current stock valuation implies "an ultimate opportunity more in line with even our lowered base case scenario, and expectations increasingly in line with a decelerating comp and new unit volume trajectory,” Wedbush’s Nick Setyan removed...

Wedbush’s Nick Setyan expects “Americas comp momentum, accelerating CAP unit growth, a successful EMEA turnaround, and multiple CPG and emerging market opportunities to drive consistent mid-to-high teens annual EPS growth” for Starbucks Corporation (NASDAQ: SBUX). The analyst...

Wingstop Inc (NASDAQ: WING) reported a fourth-quarter EPS beat against lowered expectations. The company’s Q4 and Q1 quarter-to-date comps reflect the impact of industry headwinds. “We view Wingstop as a unique concept poised to grow FCF [free cash flows] at a rate well above peers over...

Shake Shack Inc’s (NYSE: SHAK) same-store sales growth came in below expectations, although the EPS of $0.09 was in line with the consensus due to a lower tax rate. The lower tax rate also offset the significantly lower than expected unit-level margins. “With current valuation implying...

After a week of bidding rumors, Restaurant Brands International Inc (NYSE: QSR) and Popeyes Louisiana Kitchen Inc (NASDAQ: PLKI) announced Tuesday the former will acquire Popeyes for $1.8 billion. The deal may justify celebration for Popeyes investors who are expected to receive $79 in cash per...