Famous Dave's of America (DAVE) Earning Somewhat Positive Press Coverage, Analysis Shows
Media headlines about Famous Dave's of America (NASDAQ:DAVE) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Famous Dave's of America earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the restaurant operator an impact score of 46.2607358444934 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of brokerages have recently weighed in on DAVE. Zacks Investment Research upgraded Famous Dave's of America from a “hold” rating to a “strong-buy” rating and set a $5.25 price target for the company in a research report on Friday, December 8th. ValuEngine upgraded Famous Dave's of America from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Craig Hallum upgraded Famous Dave's of America from a “hold” rating to a “buy” rating in a research report on Tuesday, November 14th.
Shares of Famous Dave's of America (NASDAQ DAVE) traded up $0.10 during mid-day trading on Monday, hitting $6.65. The stock had a trading volume of 56,200 shares, compared to its average volume of 41,415. Famous Dave's of America has a twelve month low of $3.38 and a twelve month high of $9.65. The stock has a market capitalization of $49.05, a PE ratio of -8.99, a P/E/G ratio of 4.68 and a beta of 1.39. The company has a current ratio of 1.49, a quick ratio of 1.41 and a debt-to-equity ratio of 0.60.
Famous Dave's of America (NASDAQ:DAVE) last announced its quarterly earnings results on Monday, November 13th. The restaurant operator reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. Famous Dave's of America had a positive return on equity of 0.17% and a negative net margin of 5.74%. The business had revenue of $21.90 million during the quarter, compared to analysts’ expectations of $21.48 million. During the same quarter last year, the business posted $0.01 earnings per share. The business’s revenue for the quarter was down 13.6% on a year-over-year basis. analysts forecast that Famous Dave's of America will post 0.07 EPS for the current year.
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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