Del Frisco’s Restaurant Group (DFRG) Set to Announce Earnings on Tuesday
Del Frisco’s Restaurant Group (NASDAQ:DFRG) will be announcing its earnings results before the market opens on Tuesday, November 13th. Analysts expect the company to announce earnings of ($0.26) per share for the quarter.
Shares of DFRG opened at $6.92 on Friday. The firm has a market capitalization of $213.20 million, a price-to-earnings ratio of 9.23, a PEG ratio of 2.81 and a beta of 1.14. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.32 and a current ratio of 0.66. Del Frisco’s Restaurant Group has a 1 year low of $5.86 and a 1 year high of $18.85.
Several analysts have issued reports on DFRG shares. Stephens lowered Del Frisco’s Restaurant Group from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $15.00 to $10.00 in a research note on Wednesday, September 12th. ValuEngine upgraded Del Frisco’s Restaurant Group from a “sell” rating to a “hold” rating in a research note on Tuesday, September 4th. Loop Capital started coverage on Del Frisco’s Restaurant Group in a research note on Friday, November 2nd. They issued a “hold” rating and a $8.00 target price on the stock. Zacks Investment Research cut Del Frisco’s Restaurant Group from a “buy” rating to a “hold” rating in a research report on Friday, July 20th. Finally, BidaskClub upgraded Del Frisco’s Restaurant Group from a “strong sell” rating to a “sell” rating in a research report on Tuesday, September 18th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. Del Frisco’s Restaurant Group currently has an average rating of “Hold” and an average price target of $13.25.
About Del Frisco’s Restaurant Group
Del Frisco's Restaurant Group, Inc develops, owns, and operates restaurants in the United States. It owns and operates restaurants under the Del Frisco's Double Eagle Steak House, Sullivan's Steakhouse, Del Frisco's Grille, Barcelona Wine Bar, and bartaco brand names. The company offers steaks, as well as other menu selections, such as chops, fresh seafood, tapas, street food, and wines and cocktails.
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