Diversified Restaurant Holdings, Inc (NASDAQ:SAUC) has been assigned a consensus broker rating score of 2.00 (Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a buy recommendation.

Brokerages have set a 1-year consensus target price of $3.75 for the company, according to Zacks. Zacks has also assigned Diversified Restaurant an industry rank of 90 out of 265 based on the ratings given to its competitors.

SAUC has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Diversified Restaurant from a “sell” rating to a “hold” rating in a report on Wednesday, November 29th. ValuEngine cut shares of Diversified Restaurant from a “hold” rating to a “sell” rating in a report on Friday, December 1st.

Institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its holdings in shares of Diversified Restaurant by 164.9% in the 2nd quarter. Goldman Sachs Group Inc. now owns 134,543 shares of the restaurant operator’s stock valued at $350,000 after buying an additional 83,753 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Diversified Restaurant in the 2nd quarter valued at $409,000. Macquarie Group Ltd. acquired a new position in shares of Diversified Restaurant in the 3rd quarter valued at $293,000. Dimensional Fund Advisors LP acquired a new position in shares of Diversified Restaurant in the 2nd quarter valued at $413,000. Finally, Virtu KCG Holdings LLC boosted its holdings in shares of Diversified Restaurant by 55.8% in the 2nd quarter. Virtu KCG Holdings LLC now owns 59,163 shares of the restaurant operator’s stock valued at $154,000 after buying an additional 21,181 shares in the last quarter. Institutional investors and hedge funds own 8.47% of the company’s stock.

Diversified Restaurant (SAUC) traded up $0.05 during midday trading on Wednesday, reaching $1.68. 13,394 shares of the company’s stock traded hands, compared to its average volume of 47,587. Diversified Restaurant has a 12 month low of $1.30 and a 12 month high of $4.12. The company has a quick ratio of 0.28, a current ratio of 0.35 and a debt-to-equity ratio of -29.67. The firm has a market cap of $43.82, a PE ratio of -8.84, a PEG ratio of 1.63 and a beta of 1.30.

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About Diversified Restaurant

Diversified Restaurant Holdings, Inc (DRH) is a restaurant company. The Company is a franchisee of Buffalo Wild Wings (BWW).As of September 25, 2016, the Company operated 64 BWW restaurants, which are located in Michigan, Florida, Missouri, Illinois and Indiana. The BWW restaurants feature a range of menu items with a multimedia social environment, a bar and an open layout designed to create a dining experience for sports fans and families.

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