GEN Restaurant GroupGENK
GENK
About: GEN Restaurant Group Inc is an Asian casual dining restaurant in the United States. It offers an extensive menu of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood, and mixed vegetables.
Employees: 2,500
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
12.17% less ownership
Funds ownership: 59.13% [Q2] → 46.96% (-12.17%) [Q3]
20% less capital invested
Capital invested by funds: $24.2M [Q2] → $19.3M (-$4.9M) [Q3]
23% less funds holding
Funds holding: 31 [Q2] → 24 (-7) [Q3]
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$14
86%
upside
Avg. target
$14
86%
upside
High target
$14
86%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Benchmark Todd Brooks 41% 1-year accuracy 19 / 46 met price target | 86%upside $14 | Buy Reiterated | 18 Nov 2024 |
Financial journalist opinion
Positive
Seeking Alpha
3 weeks ago
GEN Restaurant Group: Lots Of Potential Growth For Peanuts
GENK reported Q3 comparable sales decline of 9.6% YoY, with hurricanes and cannibalization cited as key challenges. October showed improvement, with comps down 4.5%. GEN Restaurant Group's footprint expanded to 43 locations in Q3, with plans to open 4–5 more in Q4, achieving a 27–29% YoY growth rate. AUVs remain strong at $5.5M despite a 7.5% year-over-year decline; restaurant-level margins are at 18%.
Neutral
Seeking Alpha
1 month ago
GEN Restaurant Group, Inc (GENK) Q3 2024 Earnings Call Transcript
GEN Restaurant Group, Inc (NASDAQ:GENK ) Q3 2024 Results Conference Call November 12, 2024 5:00 PM ET Company Participants Thomas Croal - Chief Financial Officer David Kim - Chief Executive Officer Conference Call Participants JP Wollam - ROTH Capital Partners Jeremy Hamblin - Craig Hallam Capital Group Operator Good day, and welcome to the GEN Restaurant Group, Inc. Third Quarter 2024 Earnings Call. [Operator Instructions] Please note that this event is being recorded.
Neutral
GlobeNewsWire
1 month ago
GEN Restaurant Group, Inc. Announces Third Quarter 2024 Financial Results
CERRITOS, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table” experience, is announcing financial results for the third quarter ended September 30, 2024.
Neutral
GlobeNewsWire
2 months ago
GEN Korean BBQ Opens New Location in Maui, Hawaii
The Opening Marks GEN's Fourth Restaurant in Hawaii and Expands Company's National Footprint to 41 Total Locations The Opening Marks GEN's Fourth Restaurant in Hawaii and Expands Company's National Footprint to 41 Total Locations
Positive
Seeking Alpha
2 months ago
GEN Restaurant Group: Misunderstood Potential
GEN Restaurant Group, a recent IPO, operates 40 Korean BBQ restaurants with a unique value proposition and significant menu price discounts compared to peers. Management prioritizes rapid cash generation and expansion over traditional metrics like same-store sales, potentially affecting investor sentiment and valuation multiples. GENK's efficient cost structure and strong cash flow support a robust growth runway, targeting up to 250 locations without incurring debt.
Neutral
GlobeNewsWire
3 months ago
GEN Restaurant Group, Inc. Announces September Investor Marketing Schedule
CERRITOS, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table” experience, is scheduled to participate in the following investor marketing events in September 2024:
Neutral
Seeking Alpha
4 months ago
GEN Restaurant Group, Inc. (GENK) Q2 2024 Earnings Call Transcript
GEN Restaurant Group, Inc. (NASDAQ:GENK ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Thomas Croal - CFO David Kim - Co-CEO Conference Call Participants Jeremy Hamblin - Craig Hallam Capital Group Todd Brooks - Benchmark Company George Kelly - ROTH Capital Partners Operator Greetings, welcome to GEN Restaurant Group 2024 Earnings Call. [Operator Instructions] Please note this conference is being recorded.
Positive
Zacks Investment Research
4 months ago
GEN Restaurant Group, Inc. (GENK) Q2 Earnings and Revenues Surpass Estimates
GEN Restaurant Group, Inc. (GENK) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to break-even earnings per share a year ago.
Neutral
GlobeNewsWire
4 months ago
GEN Restaurant Group, Inc. Announces Second Quarter 2024 Financial Results
CERRITOS, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table” experience, is announcing financial results for the second quarter ended June 30, 2024.
Neutral
GlobeNewsWire
4 months ago
GEN Restaurant Group, Inc. Appoints David Park to its Board of Directors
CERRITOS, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table” experience, has appointed David Park to the board of directors and to serve on the audit committee of the board, effective July 24, 2024. With Mr. Park's addition, GEN has expanded the board to five total directors with three serving independently.
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