Headlines about Famous Dave’s of America (NASDAQ:DAVE) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of 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 daily sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the restaurant operator an impact score of 45.5229730247717 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s rankings:
- Famous Dave’s closes more restaurants, including its Bloomington location (finance.yahoo.com)
- Famous Dave’s of America, Inc. (DAVE) CFO Acquires $15,198.00 in Stock (americanbankingnews.com)
- Bryan Lowell Wolff Acquires 3,000 Shares of Famous Dave’s of America, Inc. (DAVE) Stock (americanbankingnews.com)
- Famous Dave’s Of America Q2 adjusted non-gaap earnings per share $0.16 from continuing operations (timesofindia.indiatimes.com)
- Famous Dave’s (DAVE) Q2 Earnings Beat, Sales Miss, Stock Up (nasdaq.com)
Several research firms have recently weighed in on DAVE. ValuEngine upgraded Famous Dave’s of America from a “strong sell” rating to a “sell” rating in a report on Wednesday. Zacks Investment Research cut Famous Dave’s of America from a “hold” rating to a “sell” rating in a report on Monday, July 17th.
Famous Dave’s of America (DAVE) traded up 2.41% during trading on Friday, hitting $4.25. The stock had a trading volume of 9,820 shares. The firm’s market capitalization is $29.57 million. Famous Dave’s of America has a one year low of $3.38 and a one year high of $6.60. The stock has a 50 day moving average of $3.61 and a 200 day moving average of $4.19.
Famous Dave’s of America (NASDAQ:DAVE) last posted its earnings results on Monday, August 14th. The restaurant operator reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.07. Famous Dave’s of America had a positive return on equity of 0.70% and a negative net margin of 6.19%. The firm had revenue of $25.30 million for the quarter, compared to the consensus estimate of $26.06 million. During the same quarter in the prior year, the business earned $0.17 EPS. The business’s revenue for the quarter was down 8.8% on a year-over-year basis. Equities research analysts expect that Famous Dave’s of America will post ($0.06) earnings per share for the current fiscal year.
In other Famous Dave’s of America news, major shareholder Bandera Partners Llc acquired 8,040 shares of the stock in a transaction that occurred on Monday, June 19th. The shares were acquired at an average cost of $3.45 per share, with a total value of $27,738.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders purchased a total of 312,752 shares of company stock worth $1,097,860 over the last ninety days. 27.00% of the stock is currently owned by insiders.
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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.
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