Diversified Restaurant Holdings Inc. (NASDAQ:SAUC) has received a consensus broker rating score of 2.00 (Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a buy recommendation.
Brokers have set a 1-year consensus target price of $2.75 for the company, according to Zacks. Zacks has also given Diversified Restaurant an industry rank of 74 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research raised Diversified Restaurant from a “sell” rating to a “hold” rating in a report on Friday.
Shares of Diversified Restaurant traded up $0.01, reaching $1.25, during mid-day trading on Friday, MarketBeat Ratings reports. The stock had a trading volume of 5,600 shares, compared to its average volume of 19,558. The company has a debt-to-equity ratio of -4.44, a quick ratio of 0.26 and a current ratio of 0.34. The firm has a market capitalization of $33.78 million, a PE ratio of -24.92, a P/E/G ratio of 6.25 and a beta of 1.23. Diversified Restaurant has a 1-year low of $1.15 and a 1-year high of $4.12.
Diversified Restaurant (NASDAQ:SAUC) last announced its quarterly earnings data on Wednesday, May 9th. The restaurant operator reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.02). The firm had revenue of $39.53 million during the quarter. Diversified Restaurant had a negative net margin of 13.13% and a negative return on equity of 4.31%. sell-side analysts forecast that Diversified Restaurant will post 0.01 earnings per share for the current year.
A hedge fund recently bought a new stake in Diversified Restaurant stock. Boston Partners bought a new stake in Diversified Restaurant Holdings Inc. (NASDAQ:SAUC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 97,837 shares of the restaurant operator’s stock, valued at approximately $157,000. Boston Partners owned approximately 0.36% of Diversified Restaurant at the end of the most recent reporting period. Institutional investors own 10.49% of the company’s stock.
About Diversified Restaurant
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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