Flanigan’s Enterprises (BDL) Upgraded to B- by TheStreet

Flanigan’s Enterprises (NYSEAMERICAN:BDL) was upgraded by equities research analysts at TheStreet from a “c” rating to a “b-” rating in a note issued to investors on Friday.

NYSEAMERICAN BDL opened at $24.30 on Friday. Flanigan’s Enterprises has a 1-year low of $20.20 and a 1-year high of $30.95.

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Flanigan’s Enterprises (NYSEAMERICAN:BDL) last released its quarterly earnings results on Thursday, February 15th. The company reported $0.33 earnings per share for the quarter. The firm had revenue of $28.39 million for the quarter. Flanigan’s Enterprises had a return on equity of 11.04% and a net margin of 4.31%.

A hedge fund recently bought a new stake in Flanigan’s Enterprises stock. Vanguard Group Inc. acquired a new position in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,555 shares of the company’s stock, valued at approximately $219,000. Vanguard Group Inc. owned approximately 0.41% of Flanigan’s Enterprises at the end of the most recent reporting period.

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About Flanigan’s Enterprises

Flanigan's Enterprises, Inc operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food service.

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