BH NYSE Week ended 24 Jul 2026

Weekly Investor Report

Biglari Holdings Inc · Consumer Cyclical · Restaurants

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Latest close 381.4 USD
-0.7% latest week
Weekly setup

Weak trend

The weekly trend is not active. Price is 8.8% above the Trend Line and sits at 58.9% of its 52-week range. The latest completed week returned -0.7%, after a -5.6% four-week move. The latest factor snapshot indicates quality ranks weakly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive. The latest news-sentiment score is 56/100. Near-term considerations: earnings are due in 8d.

Setup score 60 out of 100
Latest Close 381.4 USD 24 Jul 2026
1W Return -0.7% latest completed week
4W Return -5.6% short-term follow-through
12W Return 31.4% quarterly tape
Trend Breadth 59.6% 31 of 52 weeks active
Volume Ratio 2.8x vs 13-week average
What is working
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is positive on the latest completed week.
  • Volume is elevated versus the 13-week average, confirming attention.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Activity pressure is weak, so confirmation is not yet broad enough.
  • The share remains more than 20% below its 52-week high.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through -0.7% Latest completed week; four-week move -5.6%. Indicator stack 33/100 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Next-Week Expectancy Positive 56.60% Historical one-week expectancy contributes to the evidence score when direction is confirmed. News sentiment 56/100 47 relevant articles in the latest sentiment read. Event risk 8d Next report is scheduled for 07 Aug 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is 8.8% above the Trend Line and sits at 58.9% of its 52-week range. The latest completed week returned -0.7%, after a -5.6% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 2.8x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.4212-week average 0.17

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure5/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership4/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.42Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -5.6% over four weeks, 31.4% over 12 weeks, and 19.4% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W-0.7%
4W-5.6%
12W31.4%
26W-18.4%
52W19.4%
Active trend streak0 weeks
Active weeks in one year31
Trend breadth59.6%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure0.91Latest activity-pressure read.
Pressure change585.5%Four-week change in activity pressure.
Leadership4.10Latest relative-leadership reading.
RS change-66.9%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks weakly versus its universe; growth is moderate; valuation is neither clearly cheap nor expensive.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Dec 2025 Field coverage 88% Model confidence 84%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength24/100Blend of value, momentum, and quality. Underlying universe rank 77; rank 1 is best.
Value31/100Relative valuation strength. Underlying universe rank 70; rank 1 is best.
Quality19/100Profitability and accounting quality. Underlying universe rank 82; rank 1 is best.
Momentum72/100Medium-term price momentum. Underlying universe rank 29; rank 1 is best.
Growth67/100Revenue and earnings growth. Underlying universe rank 34; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
-
Price divided by trailing earnings.
Price / sales
3.0x
Market value relative to trailing revenue.
EV / EBITDA
44.4x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
10.4%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
30.6%
Gross profit retained from each unit of revenue.
Operating margin
-2.7%
Operating profit retained from revenue.
Free-cash-flow margin
35.6%
Free cash flow generated from revenue.
Return on invested capital
-1.2%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
8.2%
Latest one-year revenue growth.
EPS growth
-
Latest one-year earnings-per-share growth.
Free-cash-flow growth
77.7%
Latest one-year free-cash-flow growth.
Piotroski F-score
3/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
-
Cash dividends relative to market value.
Buyback yield
0.0%
Net share repurchases relative to market value.
Shareholder yield
0.0%
Dividend yield plus net buyback yield.
Net debt / EBITDA
5.2x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity5 / 10

5 acquisitions and 10 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment56/100

Weighted news tone is neutral across 47 relevant articles.

17 positive · 26 neutral · 4 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings8dNext report is scheduled for 07 Aug 2026; event risk rises as the date approaches.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-21.1%Distance below the 52-week high.
13-week volatility9.1%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher12 of 2614 weeks finished lower.
Best week+21.4%Week of 26 Jun.
Worst week-21.5%Week of 6 Mar.
Latest week-0.7%Week of 24 Jul.

Shape of recent returns

Strong gains7
Modest gains5
Flat weeks0
Modest losses7
Sharp losses7
Recent vol9.1%13-week weekly-return volatility.
Base vol8.4%52-week weekly-return volatility.
Up/down split29/23Count of positive and negative weeks in the 52-week window.
Average skew6.1% / -6.1%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape58/100

Trend, activity pressure, participation, and risk combine to a 58/100 tape read.

 Indicator analysis31/100

Latest 12-week confirmation: trend 0/12, activity pressure 5/12, relative leadership 4/12.

Activity pressure 0.42; No reversal markers Next-Week ExpectancyPositive 56.60%

Next-week expectancy is positive with a 56.60% historical one-week setup read.

Adds short-term historical context without overriding trend, activity, or relative leadership. Factors34/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 62; Small Cap Core rank 82 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Sentiment56/100

Weighted news tone is neutral across 47 relevant articles.

BH|Biglari Holdings Inc|Price:373.570|Chg%:-7.820 Insiders5 / 10

5 acquisitions and 10 disposals in the latest 180-day insider tape.

 Earnings8d

Next report is scheduled for 07 Aug 2026; event risk rises as the date approaches.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 2026381.4 USD-0.7%350.4 USD245.9 USD0.914.101.0MOff
17 Jul 2026384.2 USD3.0%349.6 USD244.8 USD0.874.29384.6KOff
10 Jul 2026373.1 USD-11.4%348.4 USD243.6 USD0.73-0.20359.1KOff
3 Jul 2026420.9 USD4.2%347.0 USD242.5 USD0.6314.20163.8KOff
26 Jun 2026404.0 USD21.4%343.1 USD241.1 USD0.1312.40289.2KOff
19 Jun 2026332.7 USD-2.1%339.5 USD239.8 USD-0.36-9.36259.6KOff
12 Jun 2026339.9 USD15.8%337.8 USD238.9 USD-0.80-6.67327.5KOff
5 Jun 2026293.5 USD1.1%337.1 USD238.0 USD-1.24-18.87237.8KOff
29 May 2026290.5 USD4.9%339.3 USD237.4 USD-1.22-21.87521.7KOff
22 May 2026277.0 USD3.6%341.6 USD236.9 USD-1.32-24.54244.6KOff
15 May 2026267.4 USD-12.8%344.9 USD236.4 USD-1.25-26.67392.4KOff
8 May 2026306.7 USD5.7%348.0 USD235.9 USD-1.23-15.88203.3KOff
1 May 2026290.2 USD-6.2%349.1 USD235.1 USD-1.12-18.58321.8KOff
24 Apr 2026309.4 USD0.5%350.4 USD234.5 USD-1.07-12.44435.9KOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.