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

StockNews.com started coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a research report released on Sunday morning. The brokerage issued a hold rating on the stock.

Flanigan’s Enterprises Stock Performance

Shares of BDL opened at $26.10 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.57 and a quick ratio of 1.21. Flanigan’s Enterprises has a 1-year low of $24.43 and a 1-year high of $29.72.

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

Institutional Investors Weigh In On Flanigan’s Enterprises

An institutional investor recently raised its position in Flanigan’s Enterprises stock. Empowered Funds LLC raised its holdings in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 7.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,460 shares of the company’s stock after purchasing an additional 875 shares during the quarter. Empowered Funds LLC owned 0.67% of Flanigan’s Enterprises worth $319,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 11.03% of the company’s stock.

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.