Ignite Restaurant Group

  • These 3 Restaurants Stopped Serving Up Growth

    By J.A. Graham - August 5, 2013 | Tickers: BJRI, IRG, PNRA

    Three restaurant growth stories reported disappointing second quarter numbers, and investors could not get out fast enough – price per share dropped swiftly on heavy volume. The three charts are interchangeable and a potent reminder of just how fast the herd can turn, and the subsequent effects on stock prices.

    Ignite fizzles

    Ignite Restaurant Group (NASDAQ: IRG) announced preliminary second quarter results that failed to spark investor interest, and the share more »

  • Two Small-Cap Restaurant Stocks Making Big Bets

    By Tom Winner - July 2, 2013 | Tickers: ARKR, BJRI, BWLD, IRG

    While most restaurant stocks grow earnings by increasing the number of locations, Ark Restaurants Corp (NASDAQ: ARKR) and Ignite Restaurant Group (NASDAQ: IRG) are two small-cap companies that have taken a different approach. Ark is betting that a casino will eventually be built in Northern New Jersey, and has negotiated for rights to manage food operations at the planned site. Ignite recently purchased Romano’s Macaroni Grill, a brand that more »

  • 3 Home-Run Stocks for Baseball Season

    By Adem Tahiri - May 27, 2013 | Tickers: BNNY, BZH, IRG

    Successful investing is one of life's pursuits that lends itself to endless metaphors. Because of the competition and the emotional toll involved when putting real money on the line, I always find that sports metaphors are especially fitting. So with the baseball season in full swing and the market uncertain, it's time for you to invest in some home-run stocks.

    Home-run stocks, usually small-caps, offer the possibility of more »

  • C'mon Ignite, Light My Fire

    By J.A. Graham - March 1, 2013 | Tickers: BJRI, BWLD, CMG, IRG, PNRA

    Ignite Restaurant Group (NASDAQ: IRG) is a recent IPO listing in May 2012. The business has two separate concepts: Joe’s Crab Shack and Brick House Tavern + Tap. Joe’s is the biggest part of IRG’s business with 129 restaurants and Brick House has 15 restaurants. Both of them are casual dining.

     IRG hit a high of just over $19 shortly following the IPO. By mid-July it dropped to more »

  • Setting the Table for a Strong 2013

    By Delian Naydenov - January 11, 2013 | Tickers: BJRI, DFRG, IRG, RUTH

    Ruth's Hospitality Group (NASDAQ: RUTH) is a company that cleaned up its balance sheet in 2012 and has (compared to its peers) solid fundamentals, a well-balanced growth plan, and management that is relatively new but experienced and motivated. Due to these factors, the company's stock could increase substantially in the next several months and it might even be considered an acquisition target by a larger restaurant chain or more »

  • Restaurants Make Yuletide Push

    By Gerelyn Terzo - December 12, 2012 | Tickers: EAT, DRI, IRG

    Restaurants have only weeks left to finish 2012 on a high note for sales. The headwinds that restaurants face this year are fierce, considering the uncertain economic conditions compounded by agricultural inflation, also known as agflation, around the world. It comes down to sales, and some restaurants are doing a better job than others using promotions to capture consumers' attention and wallets.

    Chili's Grill and Bar Restaurant, which is more »

  • Ignite Restaurant Group can Offer 'Resurrection Profits'

    By Kevin Gill - August 3, 2012 | Tickers: IRG

    All apologies to the spiritual folks. “Resurrection profits” (according to the dictionary of Kevin) are the profits generated by stocks from an entity that took a big hit, turned things around and thus created wealth for the astute that jumped in when things were the darkest knowing full well that the dawn was coming. Ignite Restaurant Group (NASDAQ: IRG) is looking to be a resurrection profits opportunity after taking a more »