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

StockNews.com began coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a report issued on Saturday morning. The firm issued a hold rating on the stock.

Separately, TheStreet downgraded shares of Flanigan’s Enterprises from a b- rating to a c rating in a research report on Monday, January 8th.

Flanigan’s Enterprises Stock Performance

BDL stock opened at $26.79 on Friday. The company has a market capitalization of $49.83 million, a PE ratio of 14.33 and a beta of 0.67. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.17 and a current ratio of 1.49. Flanigan’s Enterprises has a twelve month low of $24.43 and a twelve month high of $34.59.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last issued its quarterly earnings data on Wednesday, February 14th. The company reported $0.06 earnings per share for the quarter. Flanigan’s Enterprises had a return on equity of 4.65% and a net margin of 1.96%. The business had revenue of $45.14 million for the quarter.

Hedge Funds Weigh In On Flanigan’s Enterprises

A hedge fund recently raised its stake in Flanigan’s Enterprises stock. Empowered Funds LLC grew its holdings in shares of Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 7.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,460 shares of the company’s stock after purchasing an additional 875 shares during the quarter. Empowered Funds LLC owned about 0.67% of Flanigan’s Enterprises worth $319,000 at the end of the most recent reporting period. Hedge funds and other institutional investors 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.