Shares of Del Frisco’s Restaurant Group Inc. (NASDAQ:DFRG) have earned a consensus recommendation of “Hold” from the ten ratings firms that are presently covering the stock. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $16.50.

Several equities analysts have commented on DFRG shares. Wm Smith started coverage on shares of Del Frisco’s Restaurant Group in a research note on Wednesday, October 5th. They issued a “not rated” rating and a $19.00 price target on the stock. Canaccord Genuity reiterated a “hold” rating and issued a $15.00 price target on shares of Del Frisco’s Restaurant Group in a research note on Friday, September 23rd. Zacks Investment Research upgraded shares of Del Frisco’s Restaurant Group from a “sell” rating to a “hold” rating in a research note on Tuesday, September 27th. Stifel Nicolaus lowered shares of Del Frisco’s Restaurant Group from a “buy” rating to a “hold” rating and dropped their price target for the company from $23.00 to $14.00 in a research note on Tuesday, July 26th. Finally, Stephens reiterated an “overweight” rating and issued a $18.00 price target on shares of Del Frisco’s Restaurant Group in a research note on Monday, October 17th.

Several large investors have recently modified their holdings of DFRG. Fidelity National Financial Inc. bought a new stake in shares of Del Frisco’s Restaurant Group during the third quarter valued at $41,007,000. Emerald Acquisition Ltd. bought a new stake in shares of Del Frisco’s Restaurant Group during the second quarter valued at $6,031,000. FMR LLC increased its stake in shares of Del Frisco’s Restaurant Group by 173.4% in the second quarter. FMR LLC now owns 379,252 shares of the company’s stock valued at $5,431,000 after buying an additional 240,552 shares in the last quarter. Macquarie Group Ltd. increased its stake in shares of Del Frisco’s Restaurant Group by 27.1% in the second quarter. Macquarie Group Ltd. now owns 1,047,976 shares of the company’s stock valued at $15,007,000 after buying an additional 223,442 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Del Frisco’s Restaurant Group by 22.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,102,566 shares of the company’s stock valued at $15,789,000 after buying an additional 200,788 shares in the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) opened at 15.80 on Friday. The stock has a market capitalization of $371.73 million, a price-to-earnings ratio of 19.97 and a beta of 0.83. Del Frisco’s Restaurant Group has a 12-month low of $12.94 and a 12-month high of $17.15. The stock’s 50 day moving average is $14.03 and its 200 day moving average is $14.82.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last released its earnings results on Friday, October 14th. The company reported $0.04 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.05 by $0.01. The firm had revenue of $71.40 million for the quarter. Del Frisco’s Restaurant Group had a return on equity of 8.15% and a net margin of 5.36%. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.04 EPS. Equities research analysts forecast that Del Frisco’s Restaurant Group will post $0.80 EPS for the current fiscal year.

About Del Frisco’s Restaurant Group

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

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