Bravo Brio Restaurant Group Inc. (BBRG) Stock Price Up 1.7%
Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG) shares rose 1.7% during mid-day trading on Monday . The company traded as high as $8.27 and last traded at $8.26, with a volume of 126,236 shares changing hands. The stock had previously closed at $8.12.
BBRG has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Bravo Brio Restaurant Group from a “sell” rating to a “hold” rating in a report on Tuesday, April 26th. TheStreet raised shares of Bravo Brio Restaurant Group from a “sell” rating to a “hold” rating in a report on Tuesday, May 3rd. Finally, Jefferies Group reissued a “hold” rating on shares of Bravo Brio Restaurant Group in a research note on Tuesday, July 5th. Five equities research analysts have rated the stock with a hold rating, Bravo Brio Restaurant Group presently has a consensus rating of “Hold” and an average price target of $12.00.
The firm has a market capitalization of $121.23 million and a price-to-earnings ratio of 29.68. The firm has a 50-day moving average price of $8.05 and a 200 day moving average price of $7.86.
Bravo Brio Restaurant Group (NASDAQ:BBRG) last issued its earnings results on Monday, May 2nd. The company reported $0.15 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.15. The business had revenue of $108.80 million for the quarter, compared to analyst estimates of $110.33 million. During the same period in the previous year, the firm posted $0.16 EPS. The firm’s revenue was up .6% compared to the same quarter last year. Equities analysts predict that Bravo Brio Restaurant Group Inc. will post $0.66 earnings per share for the current year.
Bravo Brio Restaurant Group, Inc is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO). The Company operates approximately 120 restaurants in over 30 states. Additionally, approximately one BRIO restaurant is operated under a franchise agreement.
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