Del Frisco’s Restaurant Group, Inc. (NASDAQ:DFRG) updated its FY17 earnings guidance on Friday. The company provided EPS guidance of $0.76-0.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.76.

Del Frisco’s Restaurant Group, Inc. (DFRG) opened at 14.45 on Friday. Del Frisco’s Restaurant Group, Inc. has a one year low of $13.21 and a one year high of $18.80. The firm has a market cap of $305.29 million, a PE ratio of 24.83 and a beta of 0.78. The stock has a 50 day moving average price of $14.23 and a 200 day moving average price of $15.85.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last announced its earnings results on Thursday, October 12th. The restaurant operator reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.02). Del Frisco’s Restaurant Group had a return on equity of 7.39% and a net margin of 3.73%. The business had revenue of $73.30 million for the quarter, compared to analyst estimates of $73.58 million. During the same quarter last year, the company posted $0.04 EPS. Del Frisco’s Restaurant Group’s quarterly revenue was up 2.7% on a year-over-year basis. Equities research analysts expect that Del Frisco’s Restaurant Group, Inc. will post $0.76 EPS for the current year.

Several brokerages have recently weighed in on DFRG. Canaccord Genuity reiterated a hold rating and set a $16.00 target price on shares of Del Frisco’s Restaurant Group in a research note on Sunday, October 1st. BidaskClub downgraded shares of Del Frisco’s Restaurant Group from a sell rating to a strong sell rating in a research note on Friday, August 25th. Zacks Investment Research downgraded shares of Del Frisco’s Restaurant Group from a hold rating to a strong sell rating in a research note on Wednesday, July 19th. Finally, Raymond James Financial, Inc. reiterated an outperform rating and set a $20.00 target price on shares of Del Frisco’s Restaurant Group in a research note on Monday, July 24th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. Del Frisco’s Restaurant Group has an average rating of Hold and an average target price of $18.10.

In other news, CEO Norman J. Abdallah acquired 5,000 shares of Del Frisco’s Restaurant Group stock in a transaction that occurred on Friday, July 28th. The stock was purchased at an average price of $14.24 per share, for a total transaction of $71,200.00. Following the completion of the transaction, the chief executive officer now directly owns 57,712 shares in the company, valued at $821,818.88. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Neil H. Thomson acquired 4,000 shares of Del Frisco’s Restaurant Group stock in a transaction that occurred on Sunday, July 30th. The stock was purchased at an average price of $14.25 per share, with a total value of $57,000.00. Following the transaction, the chief financial officer now owns 34,224 shares of the company’s stock, valued at $487,692. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 57,394 shares of company stock valued at $809,299. 2.40% of the stock is owned by insiders.

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Del Frisco’s Restaurant Group Company Profile

Del Frisco’s Restaurant Group, Inc develops, owns and operates three contemporary, complementary restaurants: Del Frisco’s Double Eagle Steak House (Del Frisco’s), Sullivan’s Steakhouse (Sullivan’s) and Del Frisco’s Grille (the Grille). As of December 27, 2016, the Company operated 53 restaurants in 24 states and the District of Columbia in the United States.

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