Flanigan’s Enterprises (NYSEAMERICAN:BDL) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a research report report published on Tuesday. The firm issued a hold rating on the stock.

Flanigan’s Enterprises Stock Up 0.6 %

Shares of NYSEAMERICAN BDL opened at $25.35 on Tuesday. Flanigan’s Enterprises has a 1 year low of $24.32 and a 1 year high of $29.72. The company has a quick ratio of 1.21, a current ratio of 1.57 and a debt-to-equity ratio of 0.27.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.60 earnings per share (EPS) for the quarter. Flanigan’s Enterprises had a return on equity of 4.05% and a net margin of 1.64%. The business had revenue of $49.10 million during the quarter.

Hedge Funds Weigh In On Flanigan’s Enterprises

An institutional investor recently raised its position in Flanigan’s Enterprises stock. Empowered Funds LLC increased its position in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 7.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,460 shares of the company’s stock after buying an additional 875 shares during the period. Empowered Funds LLC owned 0.67% of Flanigan’s Enterprises worth $319,000 at the end of the most recent quarter. Institutional investors and hedge funds own 11.03% of the company’s stock.

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.