Diversified Restaurant Holdings, Inc (NASDAQ:SAUC) has received an average broker rating score of 2.00 (Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy rating.
Brokers have set a 12 month consensus target price of $2.75 for the company and are forecasting that the company will post ($0.02) EPS for the current quarter, according to Zacks. Zacks has also given Diversified Restaurant an industry rank of 183 out of 265 based on the ratings given to related companies.
Large investors have recently modified their holdings of the company. Boston Partners bought a new position in shares of Diversified Restaurant in the 4th quarter worth approximately $157,000. Macquarie Group Ltd. bought a new position in shares of Diversified Restaurant in the 3rd quarter worth approximately $293,000. Finally, Dimensional Fund Advisors LP bought a new position in shares of Diversified Restaurant in the 2nd quarter worth approximately $413,000. Hedge funds and other institutional investors own 10.55% of the company’s stock.
Shares of NASDAQ SAUC traded up $0.01 during trading on Thursday, reaching $1.36. 7,259 shares of the company traded hands, compared to its average volume of 15,582. The company has a quick ratio of 0.26, a current ratio of 0.34 and a debt-to-equity ratio of -4.44. The company has a market cap of $36.52, a PE ratio of -27.20, a PEG ratio of 6.80 and a beta of 1.23. Diversified Restaurant has a 52-week low of $1.30 and a 52-week high of $4.12.
Diversified Restaurant (NASDAQ:SAUC) last issued its quarterly earnings data on Thursday, March 8th. The restaurant operator reported ($0.05) earnings per share for the quarter. Diversified Restaurant had a negative return on equity of 4.31% and a negative net margin of 12.36%. The business had revenue of $41.93 million during the quarter. equities research analysts anticipate that Diversified Restaurant will post 0.01 EPS for the current fiscal year.
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Diversified Restaurant Company Profile
Diversified Restaurant Holdings, Inc (DRH) is a restaurant company. The Company is a franchisee of Buffalo Wild Wings (BWW).As of September 25, 2016, the Company operated 64 BWW restaurants, which are located in Michigan, Florida, Missouri, Illinois and Indiana. The BWW restaurants feature a range of menu items with a multimedia social environment, a bar and an open layout designed to create a dining experience for sports fans and families.
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