Jefferies Group LLC restated their hold rating on shares of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) in a report issued on Friday. Jefferies Group LLC currently has a $2.50 price target on the restaurant operator’s stock. Jefferies Group also issued estimates for Bravo Brio Restaurant Group’s Q4 2017 earnings at $0.09 EPS, FY2017 earnings at $0.19 EPS, Q1 2018 earnings at $0.15 EPS, Q2 2018 earnings at $0.14 EPS, Q3 2018 earnings at ($0.11) EPS, Q4 2018 earnings at $0.08 EPS and FY2018 earnings at $0.27 EPS.

Other research analysts also recently issued research reports about the stock. ValuEngine raised shares of Bravo Brio Restaurant Group from a sell rating to a hold rating in a research note on Tuesday, August 1st. Zacks Investment Research raised shares of Bravo Brio Restaurant Group from a hold rating to a buy rating and set a $3.25 price target on the stock in a research note on Wednesday, August 9th. Finally, Piper Jaffray Companies downgraded shares of Bravo Brio Restaurant Group from a neutral rating to an underweight rating and reduced their price target for the stock from $5.00 to $2.00 in a research note on Thursday, September 7th.

Bravo Brio Restaurant Group (NASDAQ:BBRG) traded down $0.10 during mid-day trading on Friday, reaching $1.95. 82,213 shares of the company traded hands, compared to its average volume of 69,381. The stock has a market cap of $29.63, a P/E ratio of 9.32, a PEG ratio of 1.05 and a beta of 0.64. Bravo Brio Restaurant Group has a 52 week low of $1.80 and a 52 week high of $5.30. The company has a quick ratio of 0.12, a current ratio of 0.16 and a debt-to-equity ratio of -1.68.

Bravo Brio Restaurant Group (NASDAQ:BBRG) last posted its quarterly earnings results on Wednesday, November 1st. The restaurant operator reported ($0.16) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.16). The company had revenue of $88.70 million for the quarter, compared to the consensus estimate of $91.65 million. Bravo Brio Restaurant Group had a negative net margin of 18.32% and a negative return on equity of 16.41%. The firm’s revenue was down 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.16) EPS. analysts predict that Bravo Brio Restaurant Group will post 0.19 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This report was reported by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.watchlistnews.com/jefferies-group-llc-reaffirms-hold-rating-for-bravo-brio-restaurant-group-inc-bbrg/1683867.html.

Institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp grew its holdings in Bravo Brio Restaurant Group by 3.3% during the 1st quarter. Bank of New York Mellon Corp now owns 43,624 shares of the restaurant operator’s stock worth $222,000 after acquiring an additional 1,377 shares in the last quarter. Northern Trust Corp grew its holdings in Bravo Brio Restaurant Group by 8.1% during the 2nd quarter. Northern Trust Corp now owns 53,474 shares of the restaurant operator’s stock worth $246,000 after acquiring an additional 4,015 shares in the last quarter. Winslow Asset Management Inc. grew its holdings in Bravo Brio Restaurant Group by 2.7% during the 2nd quarter. Winslow Asset Management Inc. now owns 56,579 shares of the restaurant operator’s stock worth $260,000 after acquiring an additional 1,500 shares in the last quarter. Spark Investment Management LLC grew its holdings in Bravo Brio Restaurant Group by 87.1% during the 2nd quarter. Spark Investment Management LLC now owns 66,800 shares of the restaurant operator’s stock worth $307,000 after acquiring an additional 31,100 shares in the last quarter. Finally, Synovus Financial Corp grew its holdings in Bravo Brio Restaurant Group by 22.5% during the 2nd quarter. Synovus Financial Corp now owns 107,410 shares of the restaurant operator’s stock worth $493,000 after acquiring an additional 19,747 shares in the last quarter. Institutional investors own 43.85% of the company’s stock.

Bravo Brio Restaurant Group Company Profile

Bravo Brio Restaurant Group, Inc is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO). The Company operates approximately 120 restaurants in over 30 states. Additionally, approximately one BRIO restaurant is operated under a franchise agreement.

Receive News & Ratings for Bravo Brio Restaurant Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bravo Brio Restaurant Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.