News stories about Fogo De Chao (NASDAQ:FOGO) have trended positive on Sunday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fogo De Chao earned a news impact score of 0.33 on Accern’s scale. Accern also assigned news headlines about the restaurant operator an impact score of 46.8469338802573 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Fogo De Chao (FOGO) traded down $0.35 on Friday, reaching $12.90. The company’s stock had a trading volume of 28,446 shares, compared to its average volume of 60,337. The stock has a market cap of $364.46, a P/E ratio of 17.92, a P/E/G ratio of 1.05 and a beta of 0.58. 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 current ratio of 1.54 and a quick ratio of 1.41.
Fogo De Chao (NASDAQ:FOGO) last released its quarterly earnings data on Tuesday, November 7th. The restaurant operator reported $0.10 EPS for the quarter, hitting the consensus estimate of $0.10. The company had revenue of $71.40 million for the quarter, compared to the consensus estimate of $71.40 million. Fogo De Chao had a return on equity of 7.36% and a net margin of 6.76%. Fogo De Chao’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period last year, the business posted $0.16 EPS. equities analysts anticipate that Fogo De Chao will post 0.78 EPS for the current year.
A number of equities analysts have recently weighed in on the company. BidaskClub raised Fogo De Chao from a “strong sell” rating to a “sell” rating in a research note on Wednesday, January 10th. Canaccord Genuity dropped their price target on Fogo De Chao from $17.00 to $15.00 and set a “buy” rating for the company in a research note on Wednesday, October 18th. ValuEngine lowered Fogo De Chao from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Zacks Investment Research upgraded Fogo De Chao from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 19th. Finally, Jefferies Group restated a “buy” rating and set a $14.00 price objective on shares of Fogo De Chao in a research report on Friday, December 22nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $14.17.
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About Fogo De Chao
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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