Chanticleer Holdings (NASDAQ:BURG) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.

Analysts have set a 1-year consensus target price of $5.00 for the company and are predicting that the company will post ($0.29) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Chanticleer an industry rank of 182 out of 255 based on the ratings given to related companies.

Several analysts have recently commented on the company. Zacks Investment Research raised Chanticleer from a “sell” rating to a “hold” rating and set a $3.00 target price for the company in a research report on Thursday, August 16th. ValuEngine raised Chanticleer from a “hold” rating to a “buy” rating in a research report on Tuesday, September 4th.

Shares of BURG traded down $0.03 during trading hours on Friday, hitting $2.48. 14,912 shares of the company were exchanged, compared to its average volume of 155,236. The firm has a market cap of $9.30 million, a PE ratio of -1.39 and a beta of 2.30. Chanticleer has a one year low of $1.81 and a one year high of $5.14.

Chanticleer (NASDAQ:BURG) last released its quarterly earnings data on Monday, August 13th. The restaurant operator reported ($0.23) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.07. The business had revenue of $10.40 million during the quarter, compared to analyst estimates of $10.65 million. Chanticleer had a negative return on equity of 35.65% and a negative net margin of 15.34%. equities research analysts expect that Chanticleer will post -1.55 EPS for the current fiscal year.

About Chanticleer

Chanticleer Holdings, Inc, together with its subsidiaries, owns, operates, and franchises fast casual dining concepts in the United States and internationally. The company owns and operates 8 locations under the American Burger Company name in North Carolina, South Carolina, and New York; 8 company-owned locations in the United States and 13 franchisee-operated locations in the United States and the Middle East under The Burger Joint name; and 12 company-owned locations under the Little Big Burger name in the Portland, Oregon and Charlotte, North Carolina.

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