Ruth’s Hospitality Group (RUTH) Earns Daily News Sentiment Rating of 0.25
Media coverage about Ruth’s Hospitality Group (NASDAQ:RUTH) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ruth’s Hospitality Group earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave media coverage about the restaurant operator an impact score of 45.4910932332588 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of equities research analysts recently weighed in on the stock. BidaskClub raised shares of Ruth’s Hospitality Group from a “strong sell” rating to a “sell” rating in a research report on Monday, August 14th. Zacks Investment Research raised shares of Ruth’s Hospitality Group from a “sell” rating to a “hold” rating in a research report on Tuesday. Jefferies Group LLC reaffirmed a “hold” rating and set a $20.00 price objective on shares of Ruth’s Hospitality Group in a research report on Sunday, July 30th. Finally, Citigroup Inc. reaffirmed a “neutral” rating and set a $22.00 price objective (up previously from $20.00) on shares of Ruth’s Hospitality Group in a research report on Monday, May 15th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $21.60.
Shares of Ruth’s Hospitality Group (RUTH) traded up 4.47% during midday trading on Tuesday, hitting $19.85. 190,759 shares of the company were exchanged. The stock’s 50-day moving average is $19.77 and its 200-day moving average is $20.33. Ruth’s Hospitality Group has a one year low of $13.74 and a one year high of $22.65. The stock has a market cap of $603.58 million, a PE ratio of 19.61 and a beta of 0.32.
Ruth’s Hospitality Group (NASDAQ:RUTH) last released its quarterly earnings data on Friday, July 28th. The restaurant operator reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. The company had revenue of $100.00 million during the quarter, compared to the consensus estimate of $99.34 million. Ruth’s Hospitality Group had a net margin of 7.97% and a return on equity of 37.86%. The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the firm earned $0.22 EPS. Equities research analysts anticipate that Ruth’s Hospitality Group will post $1.08 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, August 24th. Investors of record on Thursday, August 10th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend was Tuesday, August 8th. Ruth’s Hospitality Group’s dividend payout ratio is currently 35.64%.
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Ruth’s Hospitality Group Company Profile
Ruth’s Hospitality Group, Inc develops and operates fine dining restaurants under the name, Ruth’s Chris Steak House. The Company operates through two segments. As of December 25, 2016, the Company-owned steakhouse restaurant segment included 68 Ruth’s Chris Steak House restaurants and one Ruth’s Chris Steak House restaurant, and the franchise operations segment included 81 franchisee-owned Ruth’s Chris Steak House restaurants.
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