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.

Fogo de Chao (NASDAQ:FOGO) last announced its earnings results on Tuesday, November 7th. The restaurant operator reported $0.10 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.10. Fogo de Chao had a return on equity of 7.36% and a net margin of 6.76%. The business had revenue of $71.40 million for the quarter, compared to analyst estimates of $71.40 million. During the same quarter last year, the firm earned $0.16 EPS. Fogo de Chao’s revenue for the quarter was up 3.5% compared to the same quarter last year. equities analysts expect that Fogo de Chao will post 0.77 earnings per share for the current year.

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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).

Insider Buying and Selling by Quarter for Fogo de Chao (NASDAQ:FOGO)

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