Flanigan’s Enterprises (NYSEAMERICAN:BDL) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a report released on Tuesday morning. The firm issued a hold rating on the stock.

Separately, TheStreet lowered shares of Flanigan’s Enterprises from a b- rating to a c rating in a research note on Monday, January 8th.

Flanigan’s Enterprises Stock Performance

Shares of BDL stock opened at $26.00 on Tuesday. 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 has a 12-month low of $24.43 and a 12-month high of $34.59. The company has a market cap of $48.36 million, a PE ratio of 13.90 and a beta of 0.71.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last issued 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 during the quarter.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BDL. Vanguard Group Inc. grew its stake in Flanigan’s Enterprises by 61.5% in the 1st quarter. Vanguard Group Inc. now owns 19,502 shares of the company’s stock valued at $677,000 after buying an additional 7,427 shares in the last quarter. Captrust Financial Advisors purchased a new position in Flanigan’s Enterprises in the 2nd quarter valued at approximately $114,000. Dimensional Fund Advisors LP grew its stake in Flanigan’s Enterprises by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 60,984 shares of the company’s stock valued at $1,556,000 after buying an additional 2,039 shares in the last quarter. Royal Bank of Canada grew its stake in Flanigan’s Enterprises by 26.6% in the 2nd quarter. Royal Bank of Canada now owns 6,212 shares of the company’s stock valued at $190,000 after buying an additional 1,304 shares in the last quarter. Finally, Bridgeway Capital Management LLC grew its stake in Flanigan’s Enterprises by 3.0% in the 4th quarter. Bridgeway Capital Management LLC now owns 32,840 shares of the company’s stock valued at $845,000 after buying an additional 960 shares in the last quarter. 11.03% of the stock is currently owned by hedge funds and other 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.