Famous Dave’s Of Ame Sets New 52-Week High at $34.50 (DAVE)
Shares of Famous Dave’s Of Ame (NASDAQ:DAVE) hit a new 52-week high on Friday , Analyst Ratings Network.com reports. The company traded as high as $34.50 and last traded at $34.11, with a volume of 26,943 shares traded. The stock had previously closed at $33.53.
Separately, analysts at Zacks downgraded shares of Famous Dave’s Of Ame from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 16th. They now have a $30.00 price target on the stock.
The stock has a 50-day moving average of $28.9 and a 200-day moving average of $24.0. The company has a market cap of $246.1 million and a price-to-earnings ratio of 49.02.
Famous Dave’s Of Ame (NASDAQ:DAVE) last announced its earnings results on Wednesday, April 23rd. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.09. The company had revenue of $35.70 million for the quarter, compared to the consensus estimate of $36.66 million. During the same quarter in the previous year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was down 2.5% on a year-over-year basis. Analysts expect that Famous Dave’s Of Ame will post $0.97 EPS for the current fiscal year.
In other Famous Dave’s Of Ame news, CFO Diana G. Purcel unloaded 7,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $32.11, for a total value of $224,770.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Famous Dave’s of America, Inc (NASDAQ:DAVE) operates restaurants.
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