Press coverage about Fogo De Chao (NASDAQ:FOGO) has trended positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fogo De Chao earned a coverage optimism score of 0.33 on Accern’s scale. Accern also assigned press coverage about the restaurant operator an impact score of 46.8469338802573 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of research analysts recently issued reports on the stock. BidaskClub upgraded shares of Fogo De Chao from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 10th. Canaccord Genuity decreased their price objective on shares of Fogo De Chao from $17.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, October 18th. ValuEngine upgraded shares of Fogo De Chao from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Zacks Investment Research upgraded shares of Fogo De Chao from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 19th. Finally, Jefferies Group reissued a “buy” rating and set a $14.00 target price on shares of Fogo De Chao in a research note on Friday, December 22nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $14.17.
Shares of Fogo De Chao (FOGO) opened at $13.75 on Friday. Fogo De Chao has a one year low of $10.30 and a one year high of $17.05. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.41 and a current ratio of 1.54. The stock has a market cap of $381.42, a PE ratio of 17.53, a P/E/G ratio of 1.10 and a beta of 0.38.
Fogo De Chao (NASDAQ:FOGO) last posted its quarterly earnings results on Tuesday, November 7th. The restaurant operator reported $0.10 earnings per share for the quarter, meeting the consensus estimate of $0.10. Fogo De Chao had a net margin of 6.76% and a return on equity of 7.36%. The business had revenue of $71.40 million during the quarter, compared to analysts’ expectations of $71.40 million. During the same quarter in the prior year, the company posted $0.16 EPS. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. equities analysts expect that Fogo De Chao will post 0.77 earnings per share for the current year.
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Fogo De Chao Company Profile
Fogo de Chao, Inc is a United States-based holding company. The Company, through its subsidiaries, operates upscale Brazilian churrascaria steakhouses under the brand of Fogo de Chao. The Company owns 100% of Brasa (Purchaser) Inc (Brasa Purchaser), which owns 100% of Brasa (Holdings) Inc (Brasa Holdings).
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