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

StockNews.com initiated coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a research note published on Tuesday. The brokerage issued a hold rating on the stock.

Flanigan’s Enterprises Stock Down 2.4 %

NYSEAMERICAN:BDL opened at $24.75 on Tuesday. 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 12 month low of $24.32 and a 12 month high of $29.72.

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

Institutional Trading of Flanigan’s Enterprises

An institutional investor recently raised its position in Flanigan’s Enterprises stock. Empowered Funds LLC grew its holdings in shares of Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 5.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,030 shares of the company’s stock after acquiring an additional 670 shares during the period. Empowered Funds LLC’s holdings in Flanigan’s Enterprises were worth $375,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 11.03% of the company’s stock.

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.