Flanigan’s Enterprises (NYSEAMERICAN:BDL) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a report issued on Tuesday morning. The firm issued a hold rating on the stock.

Separately, TheStreet lowered shares of Flanigan’s Enterprises from a b- rating to a c rating in a report on Monday, January 8th.

Flanigan’s Enterprises Trading Up 4.6 %

NYSEAMERICAN BDL opened at $26.00 on Tuesday. Flanigan’s Enterprises has a 52 week low of $24.43 and a 52 week high of $34.59. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.17 and a current ratio of 1.49. The firm has a market cap of $48.36 million, a PE ratio of 13.90 and a beta of 0.71.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $0.06 EPS for the quarter. Flanigan’s Enterprises had a return on equity of 4.65% and a net margin of 1.96%. The business had revenue of $45.14 million for the quarter.

Hedge Funds Weigh In On Flanigan’s Enterprises

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its stake in Flanigan’s Enterprises by 1.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 61,585 shares of the company’s stock valued at $1,584,000 after buying an additional 974 shares during the last quarter. Bridgeway Capital Management LLC lifted its stake in Flanigan’s Enterprises by 3.0% in the fourth quarter. Bridgeway Capital Management LLC now owns 32,840 shares of the company’s stock valued at $845,000 after buying an additional 960 shares during the last quarter. Vanguard Group Inc. lifted its stake in Flanigan’s Enterprises by 61.5% in the first quarter. Vanguard Group Inc. now owns 19,502 shares of the company’s stock valued at $677,000 after buying an additional 7,427 shares during the last quarter. Royal Bank of Canada lifted its stake in Flanigan’s Enterprises by 26.6% in the second quarter. Royal Bank of Canada now owns 6,212 shares of the company’s stock valued at $190,000 after buying an additional 1,304 shares during the last quarter. Finally, Captrust Financial Advisors purchased a new stake in Flanigan’s Enterprises in the second quarter valued at approximately $114,000. 11.03% of the stock is owned by institutional investors and hedge funds.

About Flanigan’s Enterprises

Flanigan's Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.