About Fogo De Chao (NASDAQ:FOGO)
Fogo de Chao, Inc. is a United States-based holding company. The Company, through its subsidiaries, operates upscale Brazilian churrascaria steakhouses under the brand of Fogo de Chao. The Company owns 100% of Brasa (Purchaser) Inc. (Brasa Purchaser), which owns 100% of Brasa (Holdings) Inc. (Brasa Holdings). The Company operates through two segments: United States and Brazil. It specializes in fire-roasting meats utilizing the centuries-old Southern Brazilian cooking technique of churrasco. The Company offers its guests a tasting menu of meats featuring up to 20 cuts, simply seasoned and fire-roasted to expose their natural flavors. The Company operates approximately 26 restaurants in the United States, 10 in Brazil and one in Mexico. The Company operates a range of restaurant formats, including in-line and free-standing locations. Its restaurants range in size from approximately 7,000 to 16,000 square feet, with seating from 200 to 500 guests.
Industry, Sector and Symbol
Industry Eating places
Sub-IndustryN/A
SectorRetail/Wholesale
SymbolNASDAQ:FOGO
CUSIPN/A
Phone972-960-9533
Debt
Debt-to-Equity Ratio0.43%
Current Ratio1.40%
Quick Ratio1.28%
Price-To-Earnings
Trailing P/E Ratio19.21
Forward P/E Ratio18.75
P/E Growth1.28
Sales & Book Value
Annual Sales$314.36 million
Price / Sales1.42
Cash Flow$1.5203 per share
Price / Cash10.36
Book Value$11.35 per share
Price / Book1.39
Profitability
EPS (Most Recent Fiscal Year)$0.82
Net Income$28.78 million
Net Margins9.11%
Return on Equity7.56%
Return on Assets4.38%
Miscellaneous
Employees3,491
Outstanding Shares28,380,000
Fogo De Chao (NASDAQ:FOGO) Frequently Asked Questions
What is Fogo De Chao's stock symbol?
Fogo De Chao trades on the NASDAQ under the ticker symbol "FOGO."
How were Fogo De Chao's earnings last quarter?
Fogo De Chao Inc (NASDAQ:FOGO) released its quarterly earnings results on Thursday, March, 8th. The restaurant operator reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.02. The restaurant operator earned $88.84 million during the quarter, compared to analyst estimates of $86.68 million. Fogo De Chao had a net margin of 9.11% and a return on equity of 7.56%. View Fogo De Chao's Earnings History.
What price target have analysts set for FOGO?
5 analysts have issued 12 month price objectives for Fogo De Chao's shares. Their forecasts range from $13.00 to $16.00. On average, they expect Fogo De Chao's stock price to reach $14.6875 in the next year. View Analyst Ratings for Fogo De Chao.
What are Wall Street analysts saying about Fogo De Chao stock?
Here are some recent quotes from research analysts about Fogo De Chao stock:
- 1. According to Zacks Investment Research, "Fogo De Chao, Inc. owns and operates Brazilian steakhouses. It offers beef, lamb, chicken, pork and seafood items as well as liquor, beer and wine. The company operates primarily in the United States, Puerto Rico and Brazil. Fogo De Chao, Inc. is headquartered in Dallas, Texas. " (2/19/2018)
- 2. Canaccord Genuity analysts commented, "We are forecasting that SSS for U.S. stores remain in positive territory for the remainder of ’17 given the company’s current slate of sales initiatives (Saturday day-part expansion + new menu items) and bar remodel program. While margins were pressured in Q1 by the launch of these initiatives, we expect this cost headwind to abate beginning in Q2. We are reiterating our BUY rating and $20 target price, which reflects upside potential of +20% from current levels and is based on a multiple of ~10x our FY18 EBITDA estimate of $68.2 million. Key takeaways U.S. comps once again exceed expectations: FOGO reported a U.S. comp of +0.9%, above the Street of -1.0% and our recently increased estimate of flat. Driven by momentum from various sales initiatives (day-part expansion, price optionality and value). Traffic in the U.S. increased +0.8%, exceeding the Knapp-Track High-end Steakhouse and Blackbox Intelligence Upscale benchmarks by 370 and 400 bps, respectively." (5/4/2017)
Who are some of Fogo De Chao's key competitors?
Some companies that are related to Fogo De Chao include Dave & Buster's (PLAY), Wingstop (WING), MITCHELLS &BUTLERS (MBPFF), Dine Brands Global (DIN), Denny's (DENN), BJ's Restaurants (BJRI), Sonic Drive-In (SONC), Biglari (BH), Ruth's Hospitality Group (RUTH), Red Robin (RRGB), Fiesta Restaurant Group (FRGI), Bojangles' Famous Chicken 'n Biscuits (BOJA), Chuy's (CHUY), Del Taco Restaurants (TACO) and Carrols Restaurant Group (TAST).
Who are Fogo De Chao's key executives?
Fogo De Chao's management team includes the folowing people:
- George Barry McGowan, President
- Lawrence J Johnson, Chief Executive Officer, Director
- Anthony D. Laday, Chief Financial Officer
- Eulila Selma Oliveira, Chief Operating Officer
- Stacy A. Murray, Principal Accounting Officer, Vice President - Accounting, Controller
- Albert G McGrath Jr., General Counsel
- Todd M. Abbrecht, Director
- Douglas R. Pendergast, Director
- Jeff T Swenson, Director
- Gerald W. Deitchle, Independent Director
When did Fogo De Chao IPO?
(FOGO) raised $75 million in an IPO on Friday, June 19th 2015. The company issued 4,400,000 shares at $16.00-$18.00 per share. Jefferies and J.P. Morgan acted as the underwriters for the IPO and Credit Suisse, Deutsche Bank Securities, Piper Jaffray, Wells Fargo Securities and Macquarie Capital were co-managers.
Has Fogo De Chao been receiving favorable news coverage?
Press coverage about FOGO stock has been trending somewhat positive on Thursday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fogo De Chao earned a news impact score of 0.13 on Accern's scale. They also gave media stories about the restaurant operator an impact score of 46.01 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
How do I buy shares of Fogo De Chao?
Shares of FOGO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fogo De Chao's stock price today?
One share of FOGO stock can currently be purchased for approximately $15.75.
How big of a company is Fogo De Chao?
Fogo De Chao has a market capitalization of $447.01 million and generates $314.36 million in revenue each year. The restaurant operator earns $28.78 million in net income (profit) each year or $0.82 on an earnings per share basis. Fogo De Chao employs 3,491 workers across the globe.
How can I contact Fogo De Chao?
Fogo De Chao's mailing address is 5908 Headquarters Drive Suite K200, Plano TX, 75024. The restaurant operator can be reached via phone at 972-960-9533 or via email at http://ir.fogodechao.com.
MarketBeat Community Rating for Fogo De Chao (FOGO)
MarketBeat's community ratings are surveys of what our community members think about Fogo De Chao and other stocks. Vote "Outperform" if you believe FOGO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FOGO will underperform the S&P 500 over the long term. You may vote once every thirty days.
Fogo De Chao (NASDAQ:FOGO) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Fogo De Chao in the last 12 months. Their average twelve-month price target is $14.6875, suggesting that the stock has a possible downside of 6.75%. The high price target for FOGO is $16.00 and the low price target for FOGO is $13.00. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Buy |
| Consensus Rating Score: | 2.20 | 2.20 | 2.50 | 2.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $14.6875 | $14.6875 | $14.1667 | $15.0833 |
| Price Target Upside: | 6.75% downside | 5.85% downside | 20.06% upside | 36.19% upside |
Fogo De Chao (NASDAQ:FOGO) Consensus Price Target History
Fogo De Chao (NASDAQ:FOGO) Analyst Ratings History
Show:
(Data available from 4/26/2016 forward)
Fogo De Chao (NASDAQ:FOGO) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Fogo De Chao (NASDAQ FOGO) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 82.80%
Institutional Ownership Percentage: 90.66%
Fogo De Chao (NASDAQ FOGO) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/5/2018 | H. Lee Equity Fund Vi Thomas | Major Shareholder | Sell | 17,149,323 | $15.75 | $270,101,837.25 | |  |
| 5/23/2017 | H. Lee Equity Fund Vi Thomas | Major Shareholder | Sell | 675,000 | $14.00 | $9,450,000.00 | | |
| 5/17/2017 | Todd M Abbrecht | Director | Sell | 4,500,000 | $14.00 | $63,000,000.00 | | |
| 9/30/2016 | Tony Laday | CFO | Buy | 1,000 | $10.62 | $10,620.00 | 1,000 | |
| 6/24/2015 | Eulila Selma Oliveira | COO | Buy | 2,640 | $20.00 | $52,800.00 | | |
| 6/24/2015 | George Barry Mcgowan | President | Buy | 10,956 | $20.00 | $219,120.00 | | |
| 6/24/2015 | Jandir Dalberto | Insider | Buy | 10,000 | $20.00 | $200,000.00 | | |
| 6/24/2015 | Neil Moses | Director | Buy | 5,300 | $20.00 | $106,000.00 | | |
(Data available from 1/1/2013 forward)
Fogo De Chao (NASDAQ FOGO) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Fogo De Chao Inc (FOGO) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 26 at 5:28 AM |
 | Photos: First Taste at Fogo de Chao (Video)
www.bizjournals.com - April 25 at 9:32 AM |
| Brazilian steakhouse makes its debut downtown (Video)
www.bizjournals.com - April 23 at 9:09 AM |
 | Go Fogo!: Upscale Brazilian steakhouse opens Monday
www.msn.com - April 20 at 9:37 AM |
| Fogo De Chao (FOGO) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 19 at 12:28 AM |
| Fogo De Chao (FOGO) Cut to Strong Sell at BidaskClub
www.americanbankingnews.com - April 18 at 6:22 PM |
| First Look: Fogo de Chao (Video)
www.bizjournals.com - April 17 at 4:54 PM |
| Piper Jaffray Reaffirms Buy Rating for Fogo De Chao (FOGO)
www.americanbankingnews.com - April 10 at 10:31 PM |
| Fogo De Chao (FOGO) Rating Increased to Sell at BidaskClub
www.americanbankingnews.com - April 10 at 3:54 PM |
| Fogo De Chao Inc (FOGO) Major Shareholder H. Lee Equity Fund Vi Thomas Sells 17,149,323 Shares
www.americanbankingnews.com - April 9 at 10:26 PM |
| Fogo De Chao (FOGO) Rating Increased to Buy at ValuEngine
www.americanbankingnews.com - April 8 at 12:30 PM |
| Fogo De Chao (FOGO) Rating Reiterated by Canaccord Genuity
www.americanbankingnews.com - April 8 at 11:25 AM |
 | Rhône Completes Acquisition of Fogo de Chão, Inc.
finance.yahoo.com - April 5 at 4:27 PM |
| Fogo De Chao (FOGO) Upgraded to Buy by ValuEngine
www.americanbankingnews.com - April 3 at 3:35 PM |
| Fogo De Chao Inc (FOGO) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 1 at 5:34 AM |
| Fogo De Chao (FOGO) Price Target Cut to $11.50 by Analysts at Credit Suisse Group
www.americanbankingnews.com - March 31 at 5:28 PM |
| Fogo De Chao (FOGO) Rating Lowered to Hold at ValuEngine
www.americanbankingnews.com - March 31 at 2:06 PM |
| Zacks Investment Research Lowers Fogo De Chao (FOGO) to Strong Sell
www.americanbankingnews.com - March 31 at 12:10 PM |
| $200,000 to $2M: How much home can you afford in Plano? (Photos)
www.bizjournals.com - March 31 at 9:22 AM |
| Fogo De Chao (FOGO) Rating Lowered to Strong Sell at BidaskClub
www.americanbankingnews.com - March 30 at 10:36 PM |
| Fogo De Chao (FOGO) Cut to "Hold" at ValuEngine
www.americanbankingnews.com - March 30 at 1:05 PM |
| Fogo De Chao (FOGO) Upgraded to Sell at BidaskClub
www.americanbankingnews.com - March 29 at 4:10 PM |
| BidaskClub Lowers Fogo De Chao (FOGO) to Sell
www.americanbankingnews.com - March 26 at 9:05 AM |
| Brokerages Expect Fogo De Chao Inc (FOGO) Will Post Quarterly Sales of $84.45 Million
www.americanbankingnews.com - March 25 at 2:34 AM |
| Fogo De Chao (FOGO) Upgraded to Hold by BidaskClub
www.americanbankingnews.com - March 24 at 10:58 AM |
| URGENT: Monteverde & Associates PC Reminds Investors Of April 5, 2018 Deadline To Seek Appraisal of Shares In Fogo de Chão, Inc. - FOGO
finance.yahoo.com - March 22 at 4:25 PM |
 | BRIEF-Fogo De Chao Says Q1 YTD U.S. SSS, Traffic Both Increased 3.1 Pct
www.reuters.com - March 14 at 10:27 AM |
| Prime Cut Merger Sub Inc. -- Moody's assigns B2 CFR to Prime Cut Merger Sub Inc. (Fogo de Chao), B2 to 1st lien bank facility
finance.yahoo.com - March 13 at 6:21 PM |
| New Spring Menu Debuts at Fogo de Chão
finance.yahoo.com - March 12 at 11:01 AM |
| Fogo de Chao beats 4Q profit forecasts
finance.yahoo.com - March 9 at 5:30 PM |
| $86.68 Million in Sales Expected for Fogo De Chao Inc (FOGO) This Quarter
www.americanbankingnews.com - March 8 at 2:36 AM |
| Fogo de Chão Brings Authentic Southern Brazilian Dining Experience to Dubai
finance.yahoo.com - March 7 at 9:34 AM |
| Fogo De Chao Inc (FOGO) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - March 7 at 5:59 AM |
| Fogo De Chao Inc (FOGO) Expected to Post Earnings of $0.29 Per Share
www.americanbankingnews.com - March 6 at 5:08 PM |
| Fogo De Chao Q4 Earnings Preview
finance.yahoo.com - March 6 at 4:49 PM |
| Why Fogo de Chao, Inc. Stock Jumped 20% Last Month
finance.yahoo.com - March 6 at 9:18 AM |
| Fogo de Chao (FOGO) Q4 Earnings to Gain From Higher Sales
finance.yahoo.com - March 5 at 5:01 PM |
| SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Fogo de Chao, Inc. - FOGO
finance.yahoo.com - March 1 at 4:51 PM |
| WeissLaw LLP: Proposed Acquisition of Fogo De Chão, Inc. May Not Be In The Best Interest of FOGO Shareholders
finance.yahoo.com - February 28 at 5:00 PM |
| Fogo De Chao (FOGO) Given New $15.75 Price Target at Credit Suisse Group
www.americanbankingnews.com - February 27 at 3:32 PM |
| Wells Fargo & Co Lowers Fogo De Chao (FOGO) to Market Perform
www.americanbankingnews.com - February 25 at 7:12 PM |
| FOGO DE CHAO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Fogo de Chão, Inc.
finance.yahoo.com - February 22 at 9:16 AM |
| Rhone Bid For Fogo De Chao Is A 'Best And Final Offer,' Says Wells Fargo
finance.yahoo.com - February 22 at 9:16 AM |
| Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Fogo de Chao, Inc. (FOGO) on Behalf of Stockholders and Encourages Investors to Contact the Firm
finance.yahoo.com - February 22 at 9:16 AM |
| FOGO DE CHÃO, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Believes the Acquisition by Rhône Capital May be Unfair to Shareholders
finance.yahoo.com - February 21 at 4:42 PM |
| Fogo De Chao (FOGO) Downgraded to "Hold" at Canaccord Genuity
www.americanbankingnews.com - February 21 at 12:02 PM |
| Fogo De Chao Bites the Dust
finance.yahoo.com - February 21 at 9:33 AM |
| Fogo De Chao (FOGO) Rating Lowered to Neutral at Piper Jaffray Companies
www.americanbankingnews.com - February 20 at 5:22 PM |
| Fogo de Chao to Be Sold to Rhone for $560 Million in Cash
finance.yahoo.com - February 20 at 4:54 PM |
| Fogo de Chão, Inc. To Be Acquired by Rhône For $15.75 Per Share In Cash
finance.yahoo.com - February 20 at 4:54 PM |
Fogo De Chao (NASDAQ:FOGO) SEC Filings
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Fogo De Chao (NASDAQ:FOGO) Income Statement, Balance Sheet and Cash Flow Statement
Fogo De Chao (NASDAQ FOGO) Stock Chart for Thursday, April, 26, 2018
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