StockNews.com Initiates Coverage on Flanigan’s Enterprises (NYSEAMERICAN:BDL)

Stock analysts at StockNews.com started coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a research report issued to clients and investors on Saturday. The brokerage set a “hold” rating on the stock.

Separately, TheStreet lowered Flanigan’s Enterprises from a “b-” rating to a “c” rating in a report on Monday, January 8th.

Flanigan’s Enterprises Stock Performance

Shares of BDL opened at $26.79 on Friday. The firm has a market cap of $49.83 million, a P/E ratio of 14.33 and a beta of 0.67. The company has a current ratio of 1.49, a quick ratio of 1.17 and a debt-to-equity ratio of 0.29. Flanigan’s Enterprises has a 12-month low of $24.43 and a 12-month high of $34.59.

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

About Flanigan’s Enterprises

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.