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

Research analysts at StockNews.com began coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a report issued on Friday. The firm set a “hold” rating on the stock.

Flanigan’s Enterprises Stock Performance

Shares of Flanigan’s Enterprises stock opened at $25.91 on Friday. Flanigan’s Enterprises has a 52 week low of $24.43 and a 52 week high of $34.59. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.21 and a current ratio of 1.57.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last issued its earnings results on Tuesday, August 13th. The company reported $0.60 EPS for the quarter. Flanigan’s Enterprises had a net margin of 1.64% and a return on equity of 4.05%. The company 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 stake in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 7.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,460 shares of the company’s stock after purchasing an additional 875 shares during the period. Empowered Funds LLC owned approximately 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 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.