Equities analysts expect Del Frisco’s Restaurant Group, Inc. (NASDAQ:DFRG) to announce $121.58 million in sales for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Del Frisco’s Restaurant Group’s earnings, with estimates ranging from $118.90 million to $123.01 million. Del Frisco’s Restaurant Group posted sales of $119.16 million in the same quarter last year, which would indicate a positive year over year growth rate of 2%. The firm is expected to report its next quarterly earnings results on Friday, February 23rd.

On average, analysts expect that Del Frisco’s Restaurant Group will report full year sales of $121.58 million for the current fiscal year, with estimates ranging from $358.43 million to $365.10 million. For the next year, analysts anticipate that the firm will report sales of $391.69 million per share, with estimates ranging from $389.41 million to $393.01 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that cover Del Frisco’s Restaurant Group.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last issued its quarterly earnings data on Friday, October 13th. The restaurant operator reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.01). The business had revenue of $73.30 million for the quarter, compared to the consensus estimate of $73.58 million. Del Frisco’s Restaurant Group had a net margin of 3.00% and a return on equity of 6.94%. Del Frisco’s Restaurant Group’s revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.04 EPS.

DFRG has been the subject of a number of recent research reports. Zacks Investment Research downgraded Del Frisco’s Restaurant Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 19th. Raymond James Financial, Inc. reaffirmed an “outperform” rating and set a $20.00 price target on shares of Del Frisco’s Restaurant Group in a research report on Monday, July 24th. BidaskClub raised Del Frisco’s Restaurant Group from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Canaccord Genuity reaffirmed a “hold” rating and set a $16.00 price target on shares of Del Frisco’s Restaurant Group in a research report on Sunday, October 1st. Finally, Credit Suisse Group reduced their price target on Del Frisco’s Restaurant Group from $16.50 to $14.50 and set an “outperform” rating for the company in a research report on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Del Frisco’s Restaurant Group has a consensus rating of “Hold” and a consensus target price of $16.00.

Shares of Del Frisco’s Restaurant Group (DFRG) traded up 2.01% during trading on Monday, reaching $12.70. 208,183 shares of the company traded hands. Del Frisco’s Restaurant Group has a 12 month low of $11.70 and a 12 month high of $18.80. The stock’s 50 day moving average price is $14.01 and its 200-day moving average price is $15.62. The stock has a market cap of $269.48 million, a P/E ratio of 26.40 and a beta of 0.78.

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In related news, VP Thomas G. Dritsas acquired 7,194 shares of the company’s stock in a transaction dated Thursday, August 3rd. The shares were bought at an average price of $13.97 per share, for a total transaction of $100,500.18. Following the purchase, the vice president now directly owns 10,848 shares in the company, valued at approximately $151,546.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Neil H. Thomson acquired 4,000 shares of the company’s stock in a transaction dated Sunday, July 30th. The shares were bought at an average price of $14.25 per share, for a total transaction of $57,000.00. Following the purchase, the chief financial officer now owns 34,224 shares in the company, valued at $487,692. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 66,294 shares of company stock worth $922,329. Company insiders own 2.40% of the company’s stock.

Institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in shares of Del Frisco’s Restaurant Group during the 1st quarter worth approximately $126,000. First Quadrant L P CA bought a new stake in shares of Del Frisco’s Restaurant Group during the 2nd quarter worth approximately $200,000. AXA bought a new stake in shares of Del Frisco’s Restaurant Group during the 2nd quarter worth approximately $203,000. Cigna Investments Inc. New bought a new stake in shares of Del Frisco’s Restaurant Group during the 2nd quarter worth approximately $205,000. Finally, Voya Investment Management LLC raised its stake in shares of Del Frisco’s Restaurant Group by 12.7% during the 2nd quarter. Voya Investment Management LLC now owns 14,576 shares of the restaurant operator’s stock worth $235,000 after purchasing an additional 1,643 shares in the last quarter. Institutional investors own 99.22% of the company’s stock.

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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