A number of research firms have changed their ratings and price targets for Fogo De Chao (NASDAQ: FOGO):

  • 1/3/2018 – Fogo De Chao was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 1/3/2018 – Fogo De Chao was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Fogo De Chao, Inc. owns and operates Brazilian steakhouses. It offers beef, lamb, chicken, pork and seafood items as well as liquor, beer and wine. The company operates primarily in the United States, Puerto Rico and Brazil. Fogo De Chao, Inc. is headquartered in Dallas, Texas. “
  • 12/31/2017 – Fogo De Chao was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 12/22/2017 – Fogo De Chao had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $14.00 price target on the stock.
  • 12/19/2017 – Fogo De Chao was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Fogo De Chao, Inc. owns and operates Brazilian steakhouses. It offers beef, lamb, chicken, pork and seafood items as well as liquor, beer and wine. The company operates primarily in the United States, Puerto Rico and Brazil. Fogo De Chao, Inc. is headquartered in Dallas, Texas. “
  • 12/14/2017 – Fogo De Chao was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 11/9/2017 – Fogo De Chao had its price target lowered by analysts at Credit Suisse Group AG from $12.00 to $11.50. They now have a “neutral” rating on the stock.
  • 11/8/2017 – Fogo De Chao had its price target lowered by analysts at Canaccord Genuity from $15.00 to $13.00. They now have a “buy” rating on the stock.

Fogo De Chao Inc (NASDAQ FOGO) traded up $0.05 during mid-day trading on Friday, hitting $12.05. 60,500 shares of the stock traded hands, compared to its average volume of 47,133. The stock has a market cap of $339.04, a P/E ratio of 16.74, a P/E/G ratio of 0.98 and a beta of 0.38. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.54 and a quick ratio of 1.41. Fogo De Chao Inc has a fifty-two week low of $10.30 and a fifty-two week high of $17.05.

Fogo De Chao (NASDAQ:FOGO) last announced its quarterly earnings results on Tuesday, November 7th. The restaurant operator reported $0.10 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.10. Fogo De Chao had a net margin of 6.76% and a return on equity of 7.36%. The firm had revenue of $71.40 million for the quarter, compared to the consensus estimate of $71.40 million. During the same period in the prior year, the firm posted $0.16 earnings per share. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. equities analysts forecast that Fogo De Chao Inc will post 0.77 earnings per share for the current year.

Fogo de Chao, Inc is a United States-based holding company. The Company, through its subsidiaries, operates upscale Brazilian churrascaria steakhouses under the brand of Fogo de Chao. The Company owns 100% of Brasa (Purchaser) Inc (Brasa Purchaser), which owns 100% of Brasa (Holdings) Inc (Brasa Holdings).

Receive News & Ratings for Fogo De Chao Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fogo De Chao Inc and related companies with MarketBeat.com's FREE daily email newsletter.