Media headlines about Famous Dave’s of America (NASDAQ:DAVE) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Famous Dave’s of America earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the restaurant operator an impact score of 45.0786822140367 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
DAVE has been the subject of several recent research reports. Zacks Investment Research downgraded Famous Dave’s of America from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. ValuEngine raised Famous Dave’s of America from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 16th.
Shares of Famous Dave’s of America (DAVE) opened at 4.50 on Thursday. The stock’s market capitalization is $31.31 million. Famous Dave’s of America has a one year low of $3.38 and a one year high of $6.60. The firm has a 50-day moving average price of $3.97 and a 200 day moving average price of $4.02.
Famous Dave’s of America (NASDAQ:DAVE) last issued its quarterly earnings data on Monday, August 14th. The restaurant operator reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.07. The firm had revenue of $25.30 million during the quarter, compared to analysts’ expectations of $26.06 million. Famous Dave’s of America had a positive return on equity of 0.70% and a negative net margin of 6.19%. Famous Dave’s of America’s revenue was down 8.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.17 earnings per share. On average, equities analysts expect that Famous Dave’s of America will post ($0.06) EPS for the current fiscal year.
In other news, Director Charles William Mooty acquired 16,256 shares of Famous Dave’s of America stock in a transaction that occurred on Monday, August 21st. The stock was purchased at an average cost of $4.00 per share, with a total value of $65,024.00. Following the completion of the acquisition, the director now owns 83,256 shares in the company, valued at approximately $333,024. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Bandera Partners Llc acquired 8,040 shares of Famous Dave’s of America stock in a transaction that occurred on Monday, June 19th. The shares were purchased at an average cost of $3.45 per share, with a total value of $27,738.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 78,754 shares of company stock valued at $287,050. 27.00% of the stock is currently owned by insiders.
TRADEMARK VIOLATION NOTICE: This piece was originally published by Week Herald and is the sole property of of Week Herald. If you are accessing this piece on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this piece can be viewed at https://weekherald.com/2017/09/14/famous-daves-of-america-dave-given-news-impact-rating-of-0-18.html.
About Famous Dave’s of America
Famous Dave’s of America, Inc (Famous Dave’s) operates restaurants. The Company’s restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It has the Company-owned and franchise-operated restaurants in the United States, the Commonwealth of Puerto Rico, and Canada, and it operates within the industry segment of foodservice.
Receive News & Ratings for Famous Dave's of America Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Famous Dave's of America Inc. and related companies with MarketBeat.com's FREE daily email newsletter.