StockNews.com Begins Coverage on Flanigan’s Enterprises (NYSEAMERICAN:BDL)

StockNews.com initiated coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a report issued on Sunday morning. The brokerage issued a hold rating on the stock.

Separately, TheStreet downgraded shares of Flanigan’s Enterprises from a b- rating to a c rating in a research report on Monday, January 8th.

Flanigan’s Enterprises Price Performance

Shares of NYSEAMERICAN BDL opened at $27.00 on Friday. Flanigan’s Enterprises has a fifty-two week low of $24.43 and a fifty-two week high of $34.59. The stock has a market capitalization of $50.22 million, a price-to-earnings ratio of 14.44 and a beta of 0.71. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.49 and a quick ratio of 1.17.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $45.14 million during the quarter. Flanigan’s Enterprises had a net margin of 1.96% and a return on equity of 4.65%.

About Flanigan’s Enterprises

Flanigan's Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.