Rave Restaurant Group (NASDAQ:RAVE) Research Coverage Started at StockNews.com

Posted by Joseph Casey on Apr 24th, 2025

StockNews.com assumed coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Free Report) in a research report released on Monday morning. The firm issued a buy rating on the restaurant operator’s stock.

Rave Restaurant Group Stock Up 3.3 %

Shares of RAVE opened at $2.36 on Monday. The stock’s 50-day moving average price is $2.60 and its 200-day moving average price is $2.69. The company has a market capitalization of $34.65 million, a price-to-earnings ratio of 13.08 and a beta of 0.13. Rave Restaurant Group has a 52 week low of $1.70 and a 52 week high of $3.36.

Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The restaurant operator reported $0.04 EPS for the quarter. Rave Restaurant Group had a return on equity of 20.68% and a net margin of 21.80%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Geode Capital Management LLC grew its position in shares of Rave Restaurant Group by 36.9% during the 3rd quarter. Geode Capital Management LLC now owns 129,864 shares of the restaurant operator’s stock valued at $264,000 after acquiring an additional 34,977 shares during the period. Two Sigma Securities LLC purchased a new position in Rave Restaurant Group during the fourth quarter worth approximately $29,000. Finally, Dimensional Fund Advisors LP grew its holdings in Rave Restaurant Group by 28.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 30,449 shares of the restaurant operator’s stock valued at $78,000 after purchasing an additional 6,682 shares during the period. Institutional investors and hedge funds own 15.12% of the company’s stock.

Rave Restaurant Group Company Profile

(Get Free Report)

Rave Restaurant Group, Inc, together with its subsidiaries, engages in the operation and franchising of pizza buffet, delivery/carry-out (delco), and express restaurants under the Pizza Inn and Pie Five trademarks in the United States and internationally. The company operates through three segments: Pizza Inn Franchising, Pie Five Franchising, and Company-Owned Restaurants.