Famous Dave’s of America, Inc. (DAVE) to Release Quarterly Earnings on Monday
Famous Dave’s of America, Inc. (NASDAQ:DAVE) will announce its earnings results on Monday, November 13th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter.
Famous Dave’s of America (NASDAQ:DAVE) last announced its quarterly earnings data on Monday, August 14th. The restaurant operator reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.07. The business had revenue of $25.30 million for the quarter, compared to the consensus estimate of $26.06 million. Famous Dave’s of America had a negative net margin of 6.19% and a positive return on equity of 0.70%. The company’s quarterly revenue was down 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.17 earnings per share. On average, analysts expect Famous Dave’s of America to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Famous Dave’s of America, Inc. (DAVE) opened at $3.65 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.45 and a current ratio of 1.57. The stock has a market cap of $25.40, a P/E ratio of 177.50 and a beta of 1.28. Famous Dave’s of America, Inc. has a one year low of $3.38 and a one year high of $6.60.
Several equities analysts recently issued reports on DAVE shares. Zacks Investment Research downgraded shares of Famous Dave’s of America from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. ValuEngine raised shares of Famous Dave’s of America from a “sell” rating to a “hold” rating in a research note on Friday, September 1st.
In related news, major shareholder Bandera Partners Llc purchased 21,629 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was purchased at an average price of $3.45 per share, with a total value of $74,620.05. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charles William Mooty purchased 16,256 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The shares were bought at an average cost of $4.00 per share, with a total value of $65,024.00. Following the transaction, the director now directly owns 83,256 shares of the company’s stock, valued at approximately $333,024. The disclosure for this purchase can be found here. Insiders have purchased 44,384 shares of company stock worth $168,473 in the last three months. Insiders own 27.00% of the company’s stock.
Famous Dave’s of America Company Profile
Famous Dave’s of America, Inc (Famous Dave’s) operates restaurants. The Company’s restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It has the Company-owned and franchise-operated restaurants in the United States, the Commonwealth of Puerto Rico, and Canada, and it operates within the industry segment of foodservice.
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