Flanigan’s Enterprises (NYSEAMERICAN:BDL) Research Coverage Started at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a report released on Wednesday. The brokerage set a “hold” rating on the stock.

Flanigan’s Enterprises Stock Performance

Shares of BDL stock opened at $26.98 on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.56 and a quick ratio of 1.22. Flanigan’s Enterprises has a fifty-two week low of $24.43 and a fifty-two week high of $34.59. The firm has a market capitalization of $50.17 million, a PE ratio of 14.27 and a beta of 0.70.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last posted its quarterly earnings data on Tuesday, May 14th. The company reported $1.04 EPS for the quarter. The business had revenue of $48.07 million for the quarter. Flanigan’s Enterprises had a return on equity of 4.70% and a net margin of 1.94%.

Hedge Funds Weigh In On Flanigan’s Enterprises

A hedge fund recently raised its stake in Flanigan’s Enterprises stock. Empowered Funds LLC increased its stake in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 7.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,460 shares of the company’s stock after buying 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 SEC. 11.03% of the stock is owned by 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.