StockNews.com began coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL – Free Report) in a report issued on Thursday morning. The firm issued a hold rating on the stock.
Flanigan’s Enterprises Trading Down 2.9 %
Shares of NYSEAMERICAN BDL opened at $26.88 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.22 and a current ratio of 1.56. The firm has a market capitalization of $50.00 million, a PE ratio of 14.22 and a beta of 0.67. Flanigan’s Enterprises has a 12-month low of $24.43 and a 12-month high of $34.59.
Flanigan’s Enterprises (NYSEAMERICAN:BDL – Get Free Report) last posted its quarterly earnings results on Tuesday, May 14th. The company reported $1.04 EPS for the quarter. The company had revenue of $48.07 million during the quarter. Flanigan’s Enterprises had a net margin of 1.94% and a return on equity of 4.70%.
Flanigan’s Enterprises Cuts Dividend
Institutional Trading of Flanigan’s Enterprises
A hedge fund recently raised its stake in Flanigan’s Enterprises stock. Empowered Funds LLC boosted its stake in shares of Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL – Free Report) by 7.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,460 shares of the company’s stock after acquiring an additional 875 shares during the quarter. Empowered Funds LLC owned about 0.67% of Flanigan’s Enterprises worth $319,000 as of its most recent filing with the Securities and Exchange Commission. 11.03% of the stock is currently owned by hedge funds and other institutional investors.
Flanigan’s Enterprises Company Profile
Flanigan's Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.
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