StockNews.com Initiates Coverage on Flanigan’s Enterprises (NYSEAMERICAN:BDL)

StockNews.com assumed coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a report released on Monday. The brokerage issued a hold rating on the stock.

Separately, TheStreet lowered Flanigan’s Enterprises from a b- rating to a c rating in a research note on Monday, January 8th.

Flanigan’s Enterprises Price Performance

Shares of BDL opened at $25.50 on Monday. The company has a current ratio of 1.49, a quick ratio of 1.17 and a debt-to-equity ratio of 0.29. Flanigan’s Enterprises has a 12 month low of $24.43 and a 12 month high of $34.59. The company has a market capitalization of $47.43 million, a price-to-earnings ratio of 13.64 and a beta of 0.71.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last issued its quarterly earnings data on Wednesday, February 14th. The company reported $0.06 EPS for the quarter. Flanigan’s Enterprises had a return on equity of 4.65% and a net margin of 1.96%. The company had revenue of $45.14 million for the quarter.

About Flanigan’s Enterprises

Flanigan's Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.