News articles about Fiesta Restaurant Group (NASDAQ:FRGI) have trended somewhat positive recently, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Fiesta Restaurant Group earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave press coverage about the restaurant operator an impact score of 45.9650067151587 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

FRGI has been the topic of a number of research analyst reports. BidaskClub cut shares of Fiesta Restaurant Group from a “hold” rating to a “sell” rating in a report on Wednesday. Wedbush restated a “buy” rating and issued a $19.00 price target on shares of Fiesta Restaurant Group in a report on Tuesday, November 7th. Finally, Zacks Investment Research upgraded shares of Fiesta Restaurant Group from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $22.60.

Fiesta Restaurant Group (FRGI) traded up $0.25 during midday trading on Friday, hitting $19.55. 145,500 shares of the stock were exchanged, compared to its average volume of 156,325. The company has a current ratio of 0.53, a quick ratio of 0.49 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $518.91, a PE ratio of -22.73, a PEG ratio of 1.95 and a beta of 0.76. Fiesta Restaurant Group has a 12-month low of $15.50 and a 12-month high of $28.85.

Fiesta Restaurant Group (NASDAQ:FRGI) last issued its earnings results on Monday, November 6th. The restaurant operator reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.19). Fiesta Restaurant Group had a positive return on equity of 9.49% and a negative net margin of 3.40%. The business had revenue of $158.70 million for the quarter, compared to the consensus estimate of $162.05 million. During the same quarter in the previous year, the company earned $0.30 earnings per share. The firm’s revenue was down 12.9% on a year-over-year basis. research analysts forecast that Fiesta Restaurant Group will post 0.73 earnings per share for the current year.

In other Fiesta Restaurant Group news, insider Charles Locke bought 1,565 shares of the company’s stock in a transaction on Wednesday, November 29th. The shares were bought at an average cost of $18.73 per share, for a total transaction of $29,312.45. Following the acquisition, the insider now directly owns 1,565 shares in the company, valued at $29,312.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.20% of the stock is owned by corporate insiders.

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About Fiesta Restaurant Group

Fiesta Restaurant Group, Inc owns, operates and franchises two fast-casual restaurant brands, Pollo Tropical and Taco Cabana through its subsidiaries Pollo Operations, Inc, and its subsidiaries, and Pollo Franchise, Inc, (collectively Pollo Tropical) and Taco Cabana, Inc and its subsidiaries (collectively Taco Cabana).

Insider Buying and Selling by Quarter for Fiesta Restaurant Group (NASDAQ:FRGI)

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