Recent Analysts’ Ratings Changes for Flanigan’s Enterprises (BDL)

Several brokerages have updated their recommendations and price targets on shares of Flanigan’s Enterprises (NYSEAMERICAN: BDL) in the last few weeks:

• 5/4/2024 – Flanigan’s Enterprises is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/28/2024 – Flanigan’s Enterprises is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/22/2024 – Flanigan’s Enterprises is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/16/2024 – Flanigan’s Enterprises is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/10/2024 – Flanigan’s Enterprises is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 4/4/2024 – Flanigan’s Enterprises is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/29/2024 – Flanigan’s Enterprises is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/23/2024 – Flanigan’s Enterprises is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/17/2024 – Flanigan’s Enterprises is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 3/11/2024 – Flanigan’s Enterprises is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.

Flanigan’s Enterprises Price Performance

Shares of Flanigan’s Enterprises stock opened at $26.79 on Tuesday. The company has a market capitalization of $49.83 million, a P/E ratio of 14.33 and a beta of 0.67. The company has a quick ratio of 1.17, a current ratio of 1.49 and a debt-to-equity ratio of 0.29. Flanigan’s Enterprises, Inc. has a 52 week low of $24.43 and a 52 week high of $34.59.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Flanigan’s Enterprises stock. Empowered Funds LLC grew its stake in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 7.6% during the 1st quarter, according to the company in 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 approximately 0.67% of Flanigan’s Enterprises worth $319,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 11.03% of the company’s stock.

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.