Bravo Brio Restaurant Group Inc. (BBRG) Trading 1.7% Higher
Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG) shares traded up 1.7% on Monday . The stock traded as high as $8.27 and last traded at $8.26, with a volume of 126,236 shares trading hands. The stock had previously closed at $8.12.
Several research analysts have recently weighed in on the stock. Jefferies Group restated a “hold” rating on shares of Bravo Brio Restaurant Group in a research note on Tuesday, July 5th. Zacks Investment Research upgraded shares of Bravo Brio Restaurant Group from a “sell” rating to a “hold” rating in a research note on Monday, July 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. Five analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus price target of $12.00.
The stock’s 50 day moving average is $8.06 and its 200-day moving average is $7.85. The company has a market cap of $120.21 million and a PE ratio of 29.42.
Bravo Brio Restaurant Group (NASDAQ:BBRG) last posted its earnings results on Monday, May 2nd. The company reported $0.15 earnings per share for the quarter, hitting analysts’ consensus estimates 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 earnings per share. 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 EPS 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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