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 6,831 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
12.14% less ownership
Funds ownership: 59.13% [Q2] → 46.99% (-12.14%) [Q3]
20% less capital invested
Capital invested by funds: $24.2M [Q2] → $19.3M (-$4.88M) [Q3]
23% less funds holding
Funds holding: 31 [Q2] → 24 (-7) [Q3]
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$14
155%
upside
Avg. target
$14
155%
upside
High target
$14
155%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Benchmark Todd Brooks 32% 1-year accuracy 14 / 44 met price target | 155%upside $14 | Buy Reiterated | 18 Nov 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
6 days ago
GEN Korean BBQ Expands Footprint in Texas with New Location in San Antonio
This Marks the Third Location Opening in 2025 Signaling Strong Growth Momentum for the Year This Marks the Third Location Opening in 2025 Signaling Strong Growth Momentum for the Year

Neutral
GlobeNewsWire
2 weeks ago
GEN Korean BBQ Opens First New Jersey Location and Expands to Third Florida Location in Orlando
GEN Brings Authentic Korean Barbecue with a Modern Twist to Two Key Markets, Tapping into Geographic Hubs of Food Enthusiasts and Diverse Diners GEN Brings Authentic Korean Barbecue with a Modern Twist to Two Key Markets, Tapping into Geographic Hubs of Food Enthusiasts and Diverse Diners

Positive
Seeking Alpha
1 month ago
GEN Restaurant Group: Gift Card Craze Could Boost Top-Line Sales In Q4
GEN Korean BBQ's partnership with Costco and potential Sam's Club expansion could drive significant sales growth, leveraging the holiday gift card market. GEN Restaurant Group plans aggressive expansion, aiming for 80 locations by FY 2026, more than doubling its current footprint. Despite recent stock declines, GENK's fundamentals remain strong, with positive comparable sales and a solid financial position.

Positive
Seeking Alpha
2 months 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
3 months 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
3 months 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
4 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
4 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
5 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
6 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.

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