Media coverage about Del Frisco's Restaurant Group (NASDAQ:DFRG) has trended positive on Friday, AlphaOne Sentiment Analysis reports. AlphaOne, a service of Accern, identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Del Frisco's Restaurant Group earned a media sentiment score of 0.33 on AlphaOne’s scale. AlphaOne also assigned news coverage about the restaurant operator an impact score of 25 out of 100, indicating that recent news coverage is very unlikely to have an impact on the stock’s share price in the immediate future.
Del Frisco's Restaurant Group (DFRG) traded up 0.62% on Friday, hitting $16.30. The stock had a trading volume of 315,513 shares. Del Frisco's Restaurant Group has a 52-week low of $13.01 and a 52-week high of $18.80. The firm’s 50-day moving average is $17.13 and its 200-day moving average is $17.35. The company has a market cap of $355.73 million, a P/E ratio of 24.33 and a beta of 0.82.
Del Frisco's Restaurant Group (NASDAQ:DFRG) last issued its quarterly earnings data on Tuesday, April 25th. The restaurant operator reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by $0.01. Del Frisco's Restaurant Group had a return on equity of 6.10% and a net margin of 3.95%. The firm had revenue of $83.89 million during the quarter, compared to analyst estimates of $84.08 million. During the same quarter in the prior year, the firm earned $0.23 EPS. The business’s quarterly revenue was up 3.3% compared to the same quarter last year. Equities research analysts anticipate that Del Frisco's Restaurant Group will post $0.83 earnings per share for the current fiscal year.
A number of brokerages have recently commented on DFRG. TheStreet cut Del Frisco's Restaurant Group from a “b” rating to a “c+” rating in a report on Wednesday, June 7th. Deutsche Bank AG reissued a “hold” rating and set a $17.50 price target (up from $16.00) on shares of Del Frisco's Restaurant Group in a research note on Saturday, April 29th. Zacks Investment Research lowered Del Frisco's Restaurant Group from a “hold” rating to a “sell” rating in a research note on Wednesday, April 26th. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a $19.00 target price on shares of Del Frisco's Restaurant Group in a research report on Tuesday, April 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $17.75.
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In other Del Frisco's Restaurant Group news, CFO Thomas J. Pennison, Jr. sold 2,827 shares of the business’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $17.74, for a total value of $50,150.98. Following the transaction, the chief financial officer now owns 44,536 shares in the company, valued at approximately $790,068.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.40% 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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