Zacks: Biglari Holdings Inc. (BH) Receives Consensus Rating of “Hold” from Analysts
Shares of Biglari Holdings Inc. (NYSE:BH) have been given a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Zacks has also given Biglari Holdings an industry rank of 222 out of 265 based on the ratings given to related companies.
Separately, TheStreet upgraded Biglari Holdings from a “d+” rating to a “c-” rating in a report on Monday, July 3rd.
Biglari Holdings (BH) opened at 353.69 on Friday. The firm has a market cap of $731.08 million, a PE ratio of 26.90 and a beta of 0.39. Biglari Holdings has a 52-week low of $290.05 and a 52-week high of $491.74. The company’s 50 day moving average price is $326.61 and its 200 day moving average price is $369.11.
Biglari Holdings (NYSE:BH) last posted its quarterly earnings results on Friday, August 4th. The restaurant operator reported $17.17 EPS for the quarter, topping analysts’ consensus estimates of $2.89 by $14.28. Biglari Holdings had a return on equity of 3.15% and a net margin of 1.92%. The business had revenue of $212.95 million during the quarter. Analysts predict that Biglari Holdings will post ($2.07) earnings per share for the current fiscal year.
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In other news, Director Sardar Biglari acquired 80 shares of Biglari Holdings stock in a transaction dated Thursday, October 12th. The stock was bought at an average price of $335.00 per share, for a total transaction of $26,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders have bought 1,996 shares of company stock valued at $668,081. Corporate insiders own 51.20% of the company’s stock.
Several large investors have recently modified their holdings of the company. First Manhattan Co. bought a new stake in shares of Biglari Holdings during the third quarter worth approximately $116,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Biglari Holdings by 1.2% during the second quarter. The Manufacturers Life Insurance Company now owns 840 shares of the restaurant operator’s stock worth $335,000 after acquiring an additional 10 shares during the period. State Street Corp boosted its holdings in shares of Biglari Holdings by 2.8% during the second quarter. State Street Corp now owns 26,047 shares of the restaurant operator’s stock worth $10,413,000 after acquiring an additional 720 shares during the period. Janus Henderson Group PLC bought a new stake in shares of Biglari Holdings during the second quarter worth approximately $42,364,000. Finally, People s United Financial Inc. boosted its holdings in shares of Biglari Holdings by 24.1% during the second quarter. People s United Financial Inc. now owns 3,553 shares of the restaurant operator’s stock worth $1,420,000 after acquiring an additional 689 shares during the period. Institutional investors own 88.86% of the company’s stock.
Biglari Holdings Company Profile
Biglari Holdings Inc is a holding company owning subsidiaries engaged in various business activities, including media, property and casualty insurance, and restaurants The Company’s segments include Restaurant Operations, First Guard, Maxim, Other and Corporate. The Company’s restaurant operations’ activities are conducted through approximately two restaurant concepts operated by subsidiaries Steak n Shake Inc (Steak n Shake) and Western Sizzlin Corporation (Western).
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