Dougherty & Co Comments on Diversified Restaurant Holdings Inc.’s FY2017 Earnings (SAUC)
Diversified Restaurant Holdings Inc. (NASDAQ:SAUC) – Investment analysts at Dougherty & Co issued their FY2017 earnings per share estimates for shares of Diversified Restaurant Holdings in a research note issued to investors on Wednesday. Dougherty & Co analyst J. Hamblin forecasts that the firm will post earnings of $0.01 per share for the year.
Separately, Zacks Investment Research raised Diversified Restaurant Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, October 20th.
Shares of Diversified Restaurant Holdings (NASDAQ:SAUC) opened at 1.07 on Friday. The stock’s 50 day moving average is $1.10 and its 200 day moving average is $1.32. Diversified Restaurant Holdings has a 12 month low of $0.70 and a 12 month high of $2.84. The firm’s market cap is $28.50 million.
In other news, CFO Phyllis A. Knight bought 100,000 shares of the business’s stock in a transaction that occurred on Friday, November 11th. The stock was purchased at an average price of $0.89 per share, with a total value of $89,000.00. Following the purchase, the chief financial officer now owns 133,333 shares of the company’s stock, valued at approximately $118,666.37. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 48.20% of the stock is currently owned by corporate insiders.
Diversified Restaurant Holdings Company Profile
Diversified Restaurant Holdings, Inc (DHR) is a restaurant company. The Company operates two complementary concepts: Buffalo Wild Wings Grill & Bar (BWW) and Bagger Dave’s Burger Tavern (Bagger Dave’s). The Company operates through two segments: BWW and Bagger Dave’s. The Company has approximately 80 restaurants in Florida, Illinois, Indiana, Michigan and Missouri.
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