Fogo de Chao (FOGO) Given Daily Coverage Optimism Score of 0.01
Media stories about Fogo de Chao (NASDAQ:FOGO) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fogo de Chao earned a media sentiment score of 0.01 on Accern’s scale. Accern also gave news coverage about the restaurant operator an impact score of 47.5790502586855 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
FOGO has been the topic of a number of research analyst reports. Piper Jaffray Companies reaffirmed a “buy” rating and set a $16.00 price target on shares of Fogo de Chao in a research report on Thursday, August 10th. BidaskClub raised Fogo de Chao from a “strong sell” rating to a “sell” rating in a research report on Monday, August 14th. Zacks Investment Research raised Fogo de Chao from a “sell” rating to a “hold” rating in a research report on Monday, September 11th. ValuEngine raised Fogo de Chao from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Canaccord Genuity dropped their target price on Fogo de Chao from $17.00 to $15.00 and set a “buy” rating on the stock in a research report on Wednesday, October 18th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $14.67.
Shares of Fogo de Chao (NASDAQ FOGO) opened at $11.30 on Friday. Fogo de Chao has a 1 year low of $10.30 and a 1 year high of $17.05. The stock has a market capitalization of $319.26, a P/E ratio of 14.68, a P/E/G ratio of 1.00 and a beta of 0.32. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.54 and a quick ratio of 1.41.
About Fogo de Chao
Fogo de Chao, Inc is a United States-based holding company. The Company, through its subsidiaries, operates upscale Brazilian churrascaria steakhouses under the brand of Fogo de Chao. The Company owns 100% of Brasa (Purchaser) Inc (Brasa Purchaser), which owns 100% of Brasa (Holdings) Inc (Brasa Holdings).
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