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

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

Flanigan’s Enterprises Stock Down 0.0 %

Shares of BDL stock opened at $26.18 on Tuesday. The company has a current ratio of 1.57, a quick ratio of 1.21 and a debt-to-equity ratio of 0.27. Flanigan’s Enterprises has a 12-month low of $24.43 and a 12-month high of $33.36.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last announced its earnings results on Tuesday, August 13th. The company reported $0.60 earnings per share (EPS) for the quarter. The business had revenue of $49.10 million for the quarter. Flanigan’s Enterprises had a return on equity of 4.05% and a net margin of 1.64%.

Institutional Investors Weigh In On Flanigan’s Enterprises

A hedge fund recently raised its stake in Flanigan’s Enterprises stock. Empowered Funds LLC grew its position in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 7.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,460 shares of the company’s stock after acquiring an additional 875 shares during the quarter. Empowered Funds LLC owned 0.67% of Flanigan’s Enterprises worth $319,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 11.03% of the stock is owned by institutional investors and hedge funds.

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.