Ruth’s Hospitality Group Inc. (NASDAQ:RUTH) saw an uptick in trading volume on Friday . 493,494 shares were traded during trading, an increase of 128% from the previous session’s volume of 216,169 shares.The stock last traded at $15.33 and had previously closed at $14.96.

A number of research firms have recently weighed in on RUTH. Zacks Investment Research lowered shares of Ruth’s Hospitality Group from a “hold” rating to a “sell” rating in a report on Wednesday, June 29th. Jefferies Group lowered shares of Ruth’s Hospitality Group from a “buy” rating to a “hold” rating and set a $17.00 target price for the company. in a report on Tuesday, July 26th. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of Ruth’s Hospitality Group in a report on Wednesday, August 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $18.00.

The company has a 50 day moving average of $15.30 and a 200 day moving average of $16.60. The company has a market capitalization of $494.41 million and a price-to-earnings ratio of 17.88.

Ruth’s Hospitality Group (NASDAQ:RUTH) last announced its quarterly earnings results on Friday, July 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $92.65 million for the quarter, compared to the consensus estimate of $92.88 million. During the same quarter in the prior year, the company posted $0.22 EPS. The business’s revenue was up 1.8% compared to the same quarter last year. Equities research analysts anticipate that Ruth’s Hospitality Group Inc. will post $0.94 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, August 25th. Shareholders of record on Thursday, August 11th were issued a $0.07 dividend. The ex-dividend date was Tuesday, August 9th. This represents a $0.28 dividend on an annualized basis and a yield of 1.78%.

Ruth’s Hospitality Group, Inc develops and operates fine dining restaurants under the name, Ruth’s Chris Steak House. The Company operates through two segments: the Company-owned steakhouse restaurant segment and the franchise operations segment. The Company’s Ruth’s Chris restaurants cater to special occasion diners and frequent customers, in addition to the business clientele.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.