AFC Enterprises (AFCE) updated its FY12 earnings guidance on Wednesday. The company provided earnings per share guidance of $1.23-1.24 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.21.

Several analysts have also recently commented on the stock. Analysts at BGB Securities raised their price target on shares of AFC Enterprises to $30.00 in a research note to investors on Friday, November 9th. Analysts at Piper Jaffray initiated coverage on shares of AFC Enterprises in a research note to investors on Friday, November 2nd. They set an overweight rating and a $28.00 price target on the stock.

Four research analysts have rated the stock with a buy rating, and one has issued a hold rating to the company. The stock has a consensus rating of buy and a consensus target price of $29.30.

Shares of AFC Enterprises (AFCE) traded up 0.30% during mid-day trading on Wednesday, hitting $27.16. AFC Enterprises (AFCE) has a one year low of $14.25 and a one year high of $28.33. The stock’s 50-day moving average is currently $26.20. The company has a market cap of $652.4 million and a P/E ratio of 24.20.

AFC Enterprises last issued its quarterly earnings data on Wednesday, November 7th. The company reported $0.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.27 by $0.02. The company had revenue of $38.90 million for the quarter, compared to the consensus estimate of $40.10 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 9.9% on a year-over-year basis. AFC Enterprises has set its FY12 guidance at $1.19-1.21 EPS. On average, analysts predict that AFC Enterprises (AFCE) will post $1.21 earnings per share for the current fiscal year.

AFC Enterprises, Inc. (AFC) develops, operates, and franchises quick-service restaurants (QSRs or restaurants) under the trade names Popeyes Chicken & Biscuits and Popeyes Louisiana Kitchen (collectively Popeyes).

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