Shares of Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG) dropped 2.7% on Thursday . The stock traded as low as $4.66 and last traded at $4.73, with a volume of 138,712 shares trading hands. The stock had previously closed at $4.86.

BBRG has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Bravo Brio Restaurant Group from a “sell” rating to a “hold” rating in a research note on Tuesday, April 26th. Jefferies Group reiterated a “hold” rating on shares of Bravo Brio Restaurant Group in a research note on Tuesday, July 5th. Piper Jaffray Cos. reiterated a “neutral” rating and issued a $7.00 price objective (down previously from $14.00) on shares of Bravo Brio Restaurant Group in a research note on Thursday, August 4th. Finally, TheStreet upgraded shares of Bravo Brio Restaurant Group from a “sell” rating to a “hold” rating in a research note on Tuesday, May 3rd. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $8.67.

The company’s 50 day moving average price is $7.10 and its 200 day moving average price is $7.58. The firm’s market capitalization is $70.14 million.

Bravo Brio Restaurant Group (NASDAQ:BBRG) last issued its earnings results on Wednesday, August 3rd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by $0.18. The business earned $105.20 million during the quarter, compared to analyst estimates of $111.31 million. During the same period in the prior year, the company posted $0.24 earnings per share. Bravo Brio Restaurant Group’s quarterly revenue was down 4.6% compared to the same quarter last year. Equities research analysts forecast that Bravo Brio Restaurant Group Inc. will post $0.15 earnings per share for the current fiscal 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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