Shares of RCI Hospitality Holdings, Inc. (NASDAQ:RICK) have been given a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Analysts have set a 1 year consensus target price of $27.25 for the company and are forecasting that the company will post $0.37 EPS for the current quarter, according to Zacks. Zacks has also given RCI Hospitality Holdings an industry rank of 195 out of 265 based on the ratings given to related companies.
Several research analysts have weighed in on the stock. Westpark Capital restated a “buy” rating and set a $30.00 target price on shares of RCI Hospitality Holdings in a research report on Wednesday, October 11th. Zacks Investment Research upgraded shares of RCI Hospitality Holdings from a “sell” rating to a “hold” rating and set a $30.00 target price on the stock in a research report on Wednesday, October 11th.
RCI Hospitality Holdings (RICK) opened at $27.68 on Monday. RCI Hospitality Holdings has a one year low of $11.18 and a one year high of $28.50. The company has a current ratio of 0.96, a quick ratio of 0.88 and a debt-to-equity ratio of 0.79. The stock has a market cap of $269.02, a PE ratio of 18.45 and a beta of 0.27.
RCI Hospitality Holdings (NASDAQ:RICK) last issued its earnings results on Wednesday, August 9th. The restaurant operator reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.04. RCI Hospitality Holdings had a net margin of 7.84% and a return on equity of 10.75%. The company had revenue of $37.43 million for the quarter, compared to analyst estimates of $37.64 million. During the same period in the prior year, the business posted $0.34 earnings per share. research analysts predict that RCI Hospitality Holdings will post 1.49 EPS for the current year.
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Several hedge funds and other institutional investors have recently made changes to their positions in RICK. AJO LP purchased a new stake in shares of RCI Hospitality Holdings in the second quarter valued at about $2,900,000. State Street Corp purchased a new stake in shares of RCI Hospitality Holdings in the second quarter valued at about $2,508,000. Northern Trust Corp lifted its holdings in shares of RCI Hospitality Holdings by 172.4% in the second quarter. Northern Trust Corp now owns 125,642 shares of the restaurant operator’s stock valued at $2,996,000 after purchasing an additional 79,510 shares in the last quarter. Numeric Investors LLC purchased a new stake in shares of RCI Hospitality Holdings in the second quarter valued at about $1,867,000. Finally, Acadian Asset Management LLC lifted its holdings in shares of RCI Hospitality Holdings by 17.1% in the second quarter. Acadian Asset Management LLC now owns 286,500 shares of the restaurant operator’s stock valued at $6,831,000 after purchasing an additional 41,890 shares in the last quarter. 48.27% of the stock is currently owned by institutional investors.
RCI Hospitality Holdings Company Profile
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