Del Frisco’s Restaurant Group Inc. (NASDAQ:DFRG) has earned a consensus rating of “Hold” from the nine research firms that are presently covering the firm. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $16.20.

DFRG has been the subject of a number of analyst reports. Canaccord Genuity initiated coverage on shares of Del Frisco’s Restaurant Group in a research note on Monday, August 22nd. They set a “hold” rating and a $15.00 price objective for the company. Zacks Investment Research lowered shares of Del Frisco’s Restaurant Group from a “hold” rating to a “sell” rating in a research note on Monday, October 3rd. TheStreet lowered shares of Del Frisco’s Restaurant Group from a “buy” rating to a “hold” rating in a research note on Wednesday, June 15th. Wm Smith initiated coverage on shares of Del Frisco’s Restaurant Group in a research note on Wednesday, October 5th. They set a “not rated” rating and a $19.00 price objective for the company. Finally, Credit Suisse Group AG reaffirmed a “hold” rating and set a $17.00 price objective on shares of Del Frisco’s Restaurant Group in a research note on Friday, June 17th.

A number of institutional investors have recently added to or reduced their stakes in the company. Stephens Inc. AR increased its position in Del Frisco’s Restaurant Group by 107.6% in the second quarter. Stephens Inc. AR now owns 71,496 shares of the company’s stock worth $1,024,000 after buying an additional 37,050 shares in the last quarter. GSA Capital Partners LLP increased its position in Del Frisco’s Restaurant Group by 1.9% in the second quarter. GSA Capital Partners LLP now owns 53,083 shares of the company’s stock worth $760,000 after buying an additional 997 shares in the last quarter. Emerald Acquisition Ltd. purchased a new position in Del Frisco’s Restaurant Group during the second quarter worth approximately $6,031,000. West Coast Financial LLC increased its position in Del Frisco’s Restaurant Group by 2.7% in the second quarter. West Coast Financial LLC now owns 104,956 shares of the company’s stock worth $1,503,000 after buying an additional 2,727 shares in the last quarter. Finally, Stoneridge Investment Partners LLC increased its position in Del Frisco’s Restaurant Group by 2.6% in the second quarter. Stoneridge Investment Partners LLC now owns 21,270 shares of the company’s stock worth $305,000 after buying an additional 537 shares in the last quarter. Hedge funds and other institutional investors own 88.00% of the company’s stock.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) opened at 13.31 on Friday. Del Frisco’s Restaurant Group has a 12 month low of $12.94 and a 12 month high of $17.15. The firm’s 50-day moving average is $14.41 and its 200-day moving average is $15.18. The firm has a market capitalization of $310.82 million, a PE ratio of 18.75 and a beta of 0.89.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last posted its quarterly earnings data on Thursday, July 21st. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.01. Del Frisco’s Restaurant Group had a net margin of 4.87% and a return on equity of 8.33%. The company earned $79.90 million during the quarter, compared to analyst estimates of $80.79 million. During the same period in the prior year, the firm earned $0.20 earnings per share. The business’s quarterly revenue was up 8.3% on a year-over-year basis. On average, equities research analysts expect that Del Frisco’s Restaurant Group will post $0.83 EPS for the current year.

Del Frisco’s Restaurant Group Company Profile

Del Frisco’s Restaurant Group, Inc is engaged in developing, owning and operating restaurants. The Company’s complementary restaurants include Del Frisco’s Double Eagle Steak House (Del Frisco’s), Sullivan’s Steakhouse (Sullivan’s) and Del Frisco’s Grille (the Grille). Its operating segments are Del Frisco’s, Sullivan’s and Del Frisco’s Grille.

5 Day Chart for NASDAQ:DFRG

Receive News & Stock Ratings for Del Frisco's Restaurant Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Del Frisco's Restaurant Group Inc. and related stocks with our FREE daily email newsletter.