Del Frisco's Restaurant Group Now Covered by Analysts at Buckingham Research (DFRG)
A number of other firms have also recently commented on DFRG. Analysts at Raymond James downgraded shares of Del Frisco's Restaurant Group from an “outperform” rating to a “market perform” rating in a research note on Friday, May 16th. Separately, analysts at Sterne Agee initiated coverage on shares of Del Frisco's Restaurant Group in a research note on Thursday, May 8th. They set a “buy” rating and a $25.99 price target on the stock. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $30.00.
Del Frisco's Restaurant Group (NASDAQ:DFRG) opened at 26.92 on Friday. Del Frisco's Restaurant Group has a 52 week low of $17.53 and a 52 week high of $29.61. The stock has a 50-day moving average of $26.29 and a 200-day moving average of $24.52. The company has a market cap of $636.1 million and a P/E ratio of 49.58.
Del Frisco's Restaurant Group (NASDAQ:DFRG) last announced its earnings results on Tuesday, April 29th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. The company had revenue of $66.60 million for the quarter, compared to the consensus estimate of $67.20 million. During the same quarter in the previous year, the company posted $0.21 earnings per share. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. On average, analysts predict that Del Frisco's Restaurant Group will post $0.97 earnings per share for the current fiscal year.
Del Frisco’s Restaurant Group, Inc is a holding company. The Company develops, owns and operates three contemporary, complementary restaurants: Del Frisco’s Double Eagle Steak House (NASDAQ:DFRG), Sullivan’s Steakhouse (Sullivan’s), and Del Frisco’s Grille, or the Grille.
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