Media stories about Famous Dave’s of America (NASDAQ:DAVE) have trended somewhat positive on Sunday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Famous Dave’s of America earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news articles about the restaurant operator an impact score of 45.6151218928993 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- FAMOUS DAVES OF AMERICA INC : Change in Directors or Principal Officers (form 8-K) (4-traders.com)
- Famous Dave’s of America, Inc. :DAVE-US: Earnings Analysis: Q2, 2017 By the Numbers : August 23, 2017 (finance.yahoo.com)
- Famous Dave’s of America, Inc. (DAVE) Director Acquires $65,024.00 in Stock (americanbankingnews.com)
- Famous Dave’s of America Founder, Dave Anderson, to be Honored by American Royal as 2017 Inductee for the Barbecue Hall of Fame® (finance.yahoo.com)
- Reviewing Chanticleer Holdings (HOTR) & Famous Dave’s of America (DAVE) (americanbankingnews.com)
Famous Dave’s of America (NASDAQ:DAVE) opened at 4.65 on Friday. Famous Dave’s of America has a 12-month low of $3.38 and a 12-month high of $6.60. The company’s market cap is $32.35 million. The firm has a 50-day moving average price of $3.69 and a 200-day moving average price of $4.15.
Famous Dave’s of America (NASDAQ:DAVE) last posted its earnings results on Monday, August 14th. The restaurant operator reported $0.16 EPS for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.07. The business had revenue of $25.30 million for the quarter, compared to analysts’ expectations of $26.06 million. Famous Dave’s of America had a positive return on equity of 0.70% and a negative net margin of 6.19%. The business’s revenue was down 8.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.17 earnings per share. On average, equities research analysts forecast that Famous Dave’s of America will post ($0.06) earnings per share for the current fiscal year.
DAVE has been the subject of several recent analyst reports. Zacks Investment Research raised Famous Dave’s of America from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 9th. ValuEngine raised Famous Dave’s of America from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 16th.
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In other Famous Dave’s of America news, Director Charles William Mooty purchased 16,256 shares of the business’s stock in a transaction on Monday, August 21st. The stock was bought at an average cost of $4.00 per share, for a total transaction of $65,024.00. Following the acquisition, the director now owns 83,256 shares of the company’s stock, valued at approximately $333,024. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Bandera Partners Llc purchased 8,040 shares of the business’s stock in a transaction on Monday, June 19th. The stock was acquired at an average price of $3.45 per share, with a total value of $27,738.00. The disclosure for this purchase can be found here. Insiders acquired a total of 329,107 shares of company stock worth $1,163,285 in the last ninety days. 27.00% of the stock is owned by corporate insiders.
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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