Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Famous Dave's of America (DAVE) Stock Price

News articles about Famous Dave's of America (NASDAQ:DAVE) have trended somewhat positive on Tuesday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded 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 coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news stories about the restaurant operator an impact score of 45.647902683595 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of Famous Dave's of America (DAVE) traded down $0.20 during trading hours on Tuesday, reaching $6.75. The company’s stock had a trading volume of 85,200 shares, compared to its average volume of 118,940. The firm has a market cap of $49.79, a PE ratio of -9.12, a PEG ratio of 5.79 and a beta of 1.38. The company has a current ratio of 1.49, a quick ratio of 1.41 and a debt-to-equity ratio of 0.60. Famous Dave's of America has a 52-week low of $3.38 and a 52-week high of $9.65.

Famous Dave's of America (NASDAQ:DAVE) last announced its earnings results on Monday, November 13th. The restaurant operator reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. The firm had revenue of $21.90 million for the quarter, compared to analysts’ expectations of $21.48 million. Famous Dave's of America had a positive return on equity of 0.17% and a negative net margin of 5.74%. Famous Dave's of America’s quarterly revenue was down 13.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.01 EPS. equities analysts anticipate that Famous Dave's of America will post 0.07 EPS for the current year.

A number of research firms recently weighed in on DAVE. Zacks Investment Research upgraded Famous Dave's of America from a “hold” rating to a “strong-buy” rating and set a $5.25 price target on the stock in a report on Friday, December 8th. Craig Hallum upgraded Famous Dave's of America from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th.

TRADEMARK VIOLATION NOTICE: “Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Famous Dave's of America (DAVE) Stock Price” was published by Community Financial News and is the property of of Community Financial News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this piece can be viewed at

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.

Insider Buying and Selling by Quarter for Famous Dave's of America (NASDAQ:DAVE)

Receive News & Ratings for Famous Dave's of America 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 and related companies with's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit