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BLMN - Restaurant check: Starbucks and Chipotle blaze to all-time highs value picks still on the menu

primeimages/E+ via Getty Images Strong earnings from Domino's Pizza ([[DPZ]] +14.1%) and diminished anxiety over the near-term impact of the Delta COVID variant are helping to lift restaurant stocks. Chipotle ([[CMG]] +1.8%) and Starbucks ([[SBUX]] +2.8%) broke to all-time highs earlier in the session, while Shake Shack ([[SHAK]] +3.1%) and Wingstop ([[WING]] +3.9%) are also having a strong day. Analysts have been pointing to attractive valuation in other parts of the restaurant sector. Stocks trading with a forward price-to-earnings ratio below 15.0 includes Bloomin' Brands ([[BLMN]] -1.6%), Dine Brands ([[DIN]] -1.1%), Brinker International ([[EAT]] -2.0%)and Ruth's Hospitality Group ([[RUTH]] -2.8%). Meanwhile, the Carrols Restaurant Group ([[TAST]] -3.6%), Red Robin Gourmet Burgers ([[RRGB]] -2.0%) and Fiesta Restaurant Group ([[FRGI]] -0.4%) have the highest Seeking Alpha Value Grades in the sector. The AdvisorShares Restaurant ETF ([[EATZ]] +0.7%) is trading slightly ahead of the broad market on the day. Earlier: Domino's Pizza gains after showing sustaining

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Restaurant check: Starbucks and Chipotle blaze to all-time highs, value picks still on the menu
Stock Information

Company Name: Bloomin' Brands Inc.
Stock Symbol: BLMN
Market: NASDAQ
Website: bloominbrands.com

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