Wall Street brokerages expect Del Frisco’s Restaurant Group, Inc. (NASDAQ:DFRG) to announce earnings per share of $0.41 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Del Frisco’s Restaurant Group’s earnings. The highest EPS estimate is $0.42 and the lowest is $0.41. Del Frisco’s Restaurant Group posted earnings per share of $0.37 during the same quarter last year, which would suggest a positive year over year growth rate of 10.8%. The firm is scheduled to report its next earnings results on Friday, February 23rd.

On average, analysts expect that Del Frisco’s Restaurant Group will report full year earnings of $0.73 per share for the current financial year, with EPS estimates ranging from $0.72 to $0.76. For the next year, analysts expect that the business will post earnings of $0.79 per share, with EPS estimates ranging from $0.76 to $0.84. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Del Frisco’s Restaurant Group.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last issued its quarterly earnings results on Friday, October 13th. The restaurant operator reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The company had revenue of $73.30 million during the quarter, compared to analyst estimates of $73.58 million. Del Frisco’s Restaurant Group had a return on equity of 6.94% and a net margin of 3.00%. The company’s revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.04 earnings per share.

A number of analysts recently commented on DFRG shares. Zacks Investment Research downgraded shares of Del Frisco’s Restaurant Group from a “hold” rating to a “sell” rating in a report on Friday, October 13th. Raymond James Financial set a $16.00 target price on shares of Del Frisco’s Restaurant Group and gave the stock a “hold” rating in a report on Monday, October 16th. Credit Suisse Group dropped their target price on shares of Del Frisco’s Restaurant Group from $16.50 to $14.50 and set an “outperform” rating on the stock in a report on Wednesday, October 18th. BidaskClub downgraded shares of Del Frisco’s Restaurant Group from a “sell” rating to a “strong sell” rating in a report on Friday, August 25th. Finally, Canaccord Genuity reiterated a “hold” rating and issued a $16.00 target price on shares of Del Frisco’s Restaurant Group in a report on Sunday, October 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $16.00.

Shares of Del Frisco’s Restaurant Group (NASDAQ:DFRG) traded up $0.20 during trading hours on Tuesday, hitting $14.75. 177,974 shares of the stock were exchanged, compared to its average volume of 204,363. The firm has a market cap of $312.98, a price-to-earnings ratio of 20.51, a P/E/G ratio of 1.76 and a beta of 0.78. Del Frisco’s Restaurant Group has a 12 month low of $11.70 and a 12 month high of $18.80. The company has a current ratio of 0.76, a quick ratio of 0.33 and a debt-to-equity ratio of 0.19.

In other news, Director Ian Russell Carter purchased 8,900 shares of the business’s stock in a transaction dated Tuesday, October 17th. The shares were acquired at an average price of $12.70 per share, for a total transaction of $113,030.00. Following the completion of the acquisition, the director now directly owns 47,239 shares of the company’s stock, valued at $599,935.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have bought 11,000 shares of company stock worth $139,796 in the last 90 days. 2.70% of the stock is owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its holdings in shares of Del Frisco’s Restaurant Group by 66.4% during the second quarter. SG Americas Securities LLC now owns 11,580 shares of the restaurant operator’s stock valued at $186,000 after acquiring an additional 4,621 shares during the period. First Quadrant L P CA acquired a new stake in shares of Del Frisco’s Restaurant Group during the second quarter valued at approximately $200,000. AXA acquired a new stake in shares of Del Frisco’s Restaurant Group during the second quarter valued at approximately $203,000. Cigna Investments Inc. New acquired a new stake in shares of Del Frisco’s Restaurant Group during the second quarter valued at approximately $205,000. Finally, Voya Investment Management LLC raised its holdings in shares of Del Frisco’s Restaurant Group by 12.7% during the second quarter. Voya Investment Management LLC now owns 14,576 shares of the restaurant operator’s stock valued at $235,000 after acquiring an additional 1,643 shares during the period. Institutional investors and hedge funds own 96.50% of the company’s stock.

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About Del Frisco’s Restaurant Group

Del Frisco’s Restaurant Group, Inc develops, owns and operates three contemporary, complementary restaurants: Del Frisco’s Double Eagle Steak House (Del Frisco’s), Sullivan’s Steakhouse (Sullivan’s) and Del Frisco’s Grille (the Grille). As of December 27, 2016, the Company operated 53 restaurants in 24 states and the District of Columbia in the United States.

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