Equities research analysts expect that Diversified Restaurant Holdings, Inc (NASDAQ:SAUC) will post earnings of ($0.03) per share for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Diversified Restaurant’s earnings. Diversified Restaurant reported earnings per share of ($0.04) in the same quarter last year, which would suggest a positive year over year growth rate of 25%. The business is scheduled to issue its next quarterly earnings results on Tuesday, August 6th.

According to Zacks, analysts expect that Diversified Restaurant will report full-year earnings of ($0.05) per share for the current fiscal year. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Diversified Restaurant.

NASDAQ SAUC traded down $0.01 on Thursday, reaching $0.81. The company had a trading volume of 57,500 shares, compared to its average volume of 54,991. The stock has a market cap of $27.09 million, a PE ratio of -4.76 and a beta of 0.99. The stock’s 50 day moving average is $0.76. Diversified Restaurant has a 12 month low of $0.63 and a 12 month high of $1.55.

A hedge fund recently bought a new stake in Diversified Restaurant stock. AE Wealth Management LLC purchased a new stake in shares of Diversified Restaurant Holdings, Inc (NASDAQ:SAUC) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 178,960 shares of the restaurant operator’s stock, valued at approximately $174,000. AE Wealth Management LLC owned about 0.55% of Diversified Restaurant at the end of the most recent quarter. Institutional investors own 50.55% of the company’s stock.

About Diversified Restaurant

Diversified Restaurant Holdings, Inc, a restaurant company, operates Buffalo Wild Wings franchised restaurants in the United States. The company primarily offers fresh bone-in chicken wings, frozen boneless chicken, and potatoes. As of March 8, 2018, it operated 65 franchised restaurants in Florida, Illinois, Indiana, Michigan, and Missouri.

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