Del Frisco’s Restaurant Group Inc. (DFRG) Shares Down 0.8%
Shares of Del Frisco’s Restaurant Group Inc. (NASDAQ:DFRG) were down 0.8% during mid-day trading on Friday . The stock traded as low as $14.84 and last traded at $14.88, with a volume of 65,604 shares traded. The stock had previously closed at $15.00.
Several analysts have recently issued reports on DFRG shares. TheStreet lowered Del Frisco’s Restaurant Group from a “buy” rating to a “hold” rating in a report on Wednesday, June 15th. Credit Suisse Group AG reissued a “hold” rating and set a $17.00 target price on shares of Del Frisco’s Restaurant Group in a report on Friday, June 17th. Zacks Investment Research raised Del Frisco’s Restaurant Group from a “sell” rating to a “hold” rating in a report on Monday, July 25th. Sterne Agee CRT reissued a “buy” rating on shares of Del Frisco’s Restaurant Group in a report on Monday, May 16th. Finally, Canaccord Genuity started coverage on Del Frisco’s Restaurant Group in a report on Monday, August 22nd. They set a “hold” rating and a $15.00 target price on the stock. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $16.33.
The firm has a market cap of $347.01 million and a price-to-earnings ratio of 20.93. The firm’s 50 day moving average is $15.15 and its 200-day moving average is $15.55.
Del Frisco’s Restaurant Group (NASDAQ:DFRG) last posted its quarterly earnings data on Thursday, July 21st. The company reported $0.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.01. The business earned $79.90 million during the quarter, compared to analysts’ expectations of $80.79 million. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.20 EPS. On average, equities research analysts predict that Del Frisco’s Restaurant Group Inc. will post $0.83 EPS for the current fiscal year.
Del Frisco’s Restaurant Group, Inc is engaged in developing, owning and operating restaurants. The Company’s complementary restaurants include Del Frisco’s Double Eagle Steak House (Del Frisco’s), Sullivan’s Steakhouse (Sullivan’s) and Del Frisco’s Grille (the Grille). Its operating segments are Del Frisco’s, Sullivan’s and Del Frisco’s Grille.
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