Diversified Restaurant Holdings, Inc. (NASDAQ:SAUC) has earned a consensus broker rating score of 2.00 (Buy) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a buy rating.
Brokers have set a 1-year consensus price objective of $3.75 for the company, according to Zacks. Zacks has also assigned Diversified Restaurant Holdings an industry rank of 230 out of 265 based on the ratings given to its competitors.
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A number of hedge funds have recently made changes to their positions in the stock. Macquarie Group Ltd. purchased a new stake in Diversified Restaurant Holdings during the 3rd quarter valued at about $293,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of Diversified Restaurant Holdings in the 2nd quarter valued at about $409,000. Goldman Sachs Group Inc. lifted its holdings in shares of Diversified Restaurant Holdings by 164.9% in the 2nd quarter. Goldman Sachs Group Inc. now owns 134,543 shares of the restaurant operator’s stock valued at $350,000 after buying an additional 83,753 shares during the period. Dimensional Fund Advisors LP acquired a new position in shares of Diversified Restaurant Holdings in the 2nd quarter valued at about $413,000. Finally, Virtu KCG Holdings LLC lifted its holdings in shares of Diversified Restaurant Holdings by 55.8% in the 2nd quarter. Virtu KCG Holdings LLC now owns 59,163 shares of the restaurant operator’s stock valued at $154,000 after buying an additional 21,181 shares during the period. Hedge funds and other institutional investors own 10.84% of the company’s stock.
Diversified Restaurant Holdings (NASDAQ:SAUC) traded down $0.05 on Friday, hitting $1.61. The stock had a trading volume of 25,409 shares, compared to its average volume of 57,469. The company has a market cap of $43.28, a price-to-earnings ratio of 161.00 and a beta of 1.32. The company has a current ratio of 0.35, a quick ratio of 0.28 and a debt-to-equity ratio of -29.67. Diversified Restaurant Holdings has a 52-week low of $1.06 and a 52-week high of $4.12.
About Diversified Restaurant Holdings
Diversified Restaurant Holdings, Inc (DRH) is a restaurant company. The Company is a franchisee of Buffalo Wild Wings (BWW).As of September 25, 2016, the Company operated 64 BWW restaurants, which are located in Michigan, Florida, Missouri, Illinois and Indiana. The BWW restaurants feature a range of menu items with a multimedia social environment, a bar and an open layout designed to create a dining experience for sports fans and families.
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