Shares of Ruth’s Hospitality Group Inc. (NASDAQ:RUTH) traded up 5.1% during trading on Monday . The company traded as high as $15.79 and last traded at $15.73, with a volume of 939,300 shares trading hands. The stock had previously closed at $14.96.

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

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

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

The company also recently announced a quarterly dividend, which was paid on Thursday, August 25th. Stockholders of record on Thursday, August 11th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, August 9th. This represents a $0.28 dividend on an annualized basis and a dividend 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.