Brokerages Expect RCI Hospitality Holdings, Inc. (RICK) Will Post Quarterly Sales of $37.59 Million
Analysts forecast that RCI Hospitality Holdings, Inc. (NASDAQ:RICK) will announce sales of $37.59 million for the current quarter, Zacks reports. Two analysts have provided estimates for RCI Hospitality’s earnings. The highest sales estimate is $37.80 million and the lowest is $37.38 million. RCI Hospitality reported sales of $33.04 million during the same quarter last year, which would suggest a positive year over year growth rate of 13.8%. The firm is expected to report its next earnings results on Tuesday, December 12th.
On average, analysts expect that RCI Hospitality will report full year sales of $37.59 million for the current fiscal year, with estimates ranging from $143.07 million to $143.40 million. For the next fiscal year, analysts anticipate that the firm will report sales of $163.61 million per share, with estimates ranging from $163.40 million to $163.82 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover RCI Hospitality.
A number of equities analysts have recently commented on RICK shares. Zacks Investment Research lowered shares of RCI Hospitality from a “buy” rating to a “hold” rating in a report on Tuesday, August 15th. Westpark Capital reissued a “buy” rating and issued a $30.00 price target on shares of RCI Hospitality in a report on Wednesday, October 11th. ValuEngine lowered shares of RCI Hospitality from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, BidaskClub lowered shares of RCI Hospitality from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. RCI Hospitality currently has an average rating of “Buy” and a consensus price target of $30.00.
Shares of RCI Hospitality (NASDAQ RICK) opened at $29.75 on Wednesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.88 and a current ratio of 0.96. The firm has a market cap of $298.57, a P/E ratio of 20.48 and a beta of 0.33. RCI Hospitality has a twelve month low of $14.80 and a twelve month high of $33.78.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 26th. Stockholders of record on Monday, December 11th will be issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date is Friday, December 8th. RCI Hospitality’s payout ratio is 10.62%.
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RCI Hospitality Company Profile
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