RCI Hospitality (RICK) Raised to “Buy” at ValuEngine
ValuEngine upgraded shares of RCI Hospitality (NASDAQ:RICK) from a hold rating to a buy rating in a research note released on Friday morning.
RICK has been the topic of a number of other reports. Westpark Capital restated a buy rating and set a $30.00 price target on shares of RCI Hospitality in a report on Wednesday, October 11th. BidaskClub upgraded RCI Hospitality from a hold rating to a buy rating in a report on Thursday, January 18th. Finally, Zacks Investment Research upgraded RCI Hospitality from a hold rating to a buy rating and set a $34.00 price target on the stock in a report on Wednesday, January 24th.
RCI Hospitality (NASDAQ RICK) opened at $28.45 on Friday. The stock has a market capitalization of $276.48, a P/E ratio of 18.97 and a beta of 0.33. RCI Hospitality has a twelve month low of $16.02 and a twelve month high of $33.78. The company has a current ratio of 0.96, a quick ratio of 0.88 and a debt-to-equity ratio of 0.79.
RCI Hospitality Company Profile
With more than 40 units, RCI Hospitality Holdings, Inc, through its subsidiaries, is the country’s leading company in gentlemen’s clubs and sports bars/restaurants. Clubs in New York City, Miami, Philadelphia, Charlotte, Dallas/Ft. Worth, Houston, Minneapolis, and other cities operate under brand names, such as “Rick’s Cabaret,” “XTC,” “Club Onyx,” “Vivid Cabaret,” “Jaguars” and “Tootsie’s Cabaret.” Sports bars/restaurants operate under the brand name “Bombshells Restaurant & Bar.” Investors are attracted by RCI’s strong cash flow, operating margins and local laws that create high barriers to entry in the gentlemen’s club business.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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