Free Trial

Biglari (NYSE:BH) Sets New 12-Month High - Should You Buy?

Biglari logo with Retail/Wholesale background

Biglari Holdings Inc. (NYSE:BH - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $301.31 and last traded at $301.82, with a volume of 18893 shares traded. The stock had previously closed at $295.50.

Biglari Stock Up 1.1%

The company has a current ratio of 1.14, a quick ratio of 1.11 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $694.76 million, a PE ratio of -1.38 and a beta of 0.79. The business's 50-day simple moving average is $261.35 and its 200-day simple moving average is $239.27.

Biglari (NYSE:BH - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The restaurant operator reported $23.37 EPS for the quarter. The business had revenue of $95.04 million for the quarter. Biglari had a negative net margin of 16.21% and a positive return on equity of 4.27%.

Institutional Investors Weigh In On Biglari

A number of institutional investors have recently added to or reduced their stakes in BH. Deutsche Bank AG purchased a new position in shares of Biglari during the 4th quarter worth $44,000. Jones Financial Companies Lllp purchased a new stake in Biglari in the 1st quarter valued at about $64,000. Wells Fargo & Company MN raised its holdings in Biglari by 28.2% in the 4th quarter. Wells Fargo & Company MN now owns 427 shares of the restaurant operator's stock valued at $109,000 after buying an additional 94 shares during the period. Bartlett & CO. Wealth Management LLC purchased a new stake in Biglari during the first quarter worth about $109,000. Finally, MetLife Investment Management LLC purchased a new stake in Biglari during the fourth quarter worth about $117,000. Institutional investors and hedge funds own 74.30% of the company's stock.

Biglari Company Profile

(Get Free Report)

Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance.

Further Reading

Should You Invest $1,000 in Biglari Right Now?

Before you consider Biglari, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Biglari wasn't on the list.

While Biglari currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines