Analyst Ratings for Fiesta Restaurant Group Inc. (FRGI)Updated: 2017-07-28
An average rating of Overweight has been given to Fiesta Restaurant Group Inc. (NASDAQ:FRGI) by analysts covering the stock. A consensus rating of Overweight was previously issued for FRGI last month.
5 analysts issued ratings on the stock, where 2 gave FRGI a buy rating, 0 gave an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for FRGI. The maximum price target given was 28, which equates to a potential upside of 61.85 percent. The most pessimistic price target was 22, implying potential capital losses of 27.17 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates downwards for this quarter, by about -2.86 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.04 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -3.01 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -6.66 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
In the trailing 52-weeks, FRGI hit 30.65 at the highest peak, while it's lowest trading point was 16.85. The current market price is above the trailing year's low by 2.67 percent, and below the high by 43.56 percent. FRGI has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The FRGI value stock report compares FRGI to some of its peers using value stock charts. The market cap of FRGI is $0.46956 billion. FRGI's next earnings release will be on 0000-00-00, which is days away.