Del Frisco’s Restaurant Group (DFRG) Earning Positive Press Coverage, Study Shows
News headlines about Del Frisco’s Restaurant Group (NASDAQ:DFRG) have trended positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of 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 0.40 on Accern’s scale. Accern also assigned media headlines about the restaurant operator an impact score of 46.0582073377557 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- Del Frisco`s Restaurant Group Inc (DFRG) Moves -3.30% – Sheridan Daily (sheridandaily.com)
- Tale of the Ticker: Del Frisco`s Restaurant Group Inc (DFRG), Cincinnati Bell Inc (CBB) Moving on Volume – Evergreen Caller (evergreencaller.com)
- Del Frisco’s Restaurant Group, (NASDAQ:DFRG) Shorts Down -6.32% – Shares Trading Up (highlightpress.com)
- Del Frisco’s Restaurant Group, (NASDAQ:DFRG) Shorts Down -6.32% – Shares Trading Up – Modern Readers (modernreaders.com)
- Del Frisco`s Restaurant Group Inc (DFRG) Awesome Oscillator Building Momentum – FLBC News (flbcnews.com)
A number of research firms have recently weighed in on DFRG. BidaskClub raised Del Frisco’s Restaurant Group from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. TheStreet downgraded Del Frisco’s Restaurant Group from a “b” rating to a “c+” rating in a research note on Wednesday, June 7th. Zacks Investment Research downgraded Del Frisco’s Restaurant Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 19th. Finally, Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a $20.00 price target on shares of Del Frisco’s Restaurant Group in a research note on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $18.75.
Del Frisco’s Restaurant Group (NASDAQ:DFRG) traded down 3.82% on Wednesday, reaching $13.85. The company had a trading volume of 250,632 shares. Del Frisco’s Restaurant Group has a 12-month low of $13.01 and a 12-month high of $18.80. The stock has a market capitalization of $292.61 million, a P/E ratio of 23.80 and a beta of 0.78. The stock’s 50-day moving average price is $14.34 and its 200-day moving average price is $16.37.
Del Frisco’s Restaurant Group (NASDAQ:DFRG) last issued its quarterly earnings data on Friday, July 21st. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by $0.02. The company had revenue of $82.30 million for the quarter, compared to analysts’ expectations of $81.92 million. Del Frisco’s Restaurant Group had a return on equity of 7.39% and a net margin of 3.73%. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the company posted $0.19 EPS. On average, equities research analysts anticipate that Del Frisco’s Restaurant Group will post $0.76 EPS for the current fiscal year.
In other Del Frisco’s Restaurant Group news, CFO Neil H. Thomson purchased 4,000 shares of the stock in a transaction on Sunday, July 30th. The shares were purchased at an average price of $14.25 per share, with a total value of $57,000.00. Following the acquisition, the chief financial officer now directly owns 34,224 shares in the company, valued at approximately $487,692. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Thomas G. Dritsas purchased 7,194 shares of the stock in a transaction on Thursday, August 3rd. The stock was acquired at an average cost of $13.97 per share, for a total transaction of $100,500.18. Following the acquisition, the vice president now owns 10,848 shares in the company, valued at $151,546.56. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 57,394 shares of company stock worth $809,299. Insiders own 2.70% of the company’s stock.
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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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