Fogo de Chao Company Profile (NASDAQ:FOGO)

About Fogo de Chao (NASDAQ:FOGO)

Fogo de Chao logoFogo 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:
  • Sector: Retail/Wholesale
  • Industry: Quick Service Restaurants
  • Sub-Industry: N/A
  • Symbol: NASDAQ:FOGO
  • CUSIP: N/A
  • Web:
  • Market Cap: $376.64 million
  • Outstanding Shares: 28,212,000
Average Prices:
  • 50 Day Moving Avg: $13.70
  • 200 Day Moving Avg: $14.47
  • 52 Week Range: $10.50 - $17.05
  • Trailing P/E Ratio: 16.42
  • Foreward P/E Ratio: 13.43
  • P/E Growth: 1.44
Sales & Book Value:
  • Annual Revenue: $295.79 million
  • Price / Sales: 1.27
  • Book Value: $10.64 per share
  • Price / Book: 1.25
  • EBIDTA: $53.37 million
  • Net Margins: 7.92%
  • Return on Equity: 8.32%
  • Return on Assets: 4.69%
  • Debt-to-Equity Ratio: 0.49%
  • Current Ratio: 1.66%
  • Quick Ratio: 1.50%
  • Average Volume: 144,951 shs.
  • Beta: 0.37
  • Short Ratio: 3
Frequently Asked Questions for Fogo de Chao (NASDAQ:FOGO)

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) posted its earnings results on Monday, May, 8th. The company reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18. The firm had revenue of $76.40 million for the quarter, compared to analysts' expectations of $75.06 million. Fogo de Chao had a return on equity of 8.32% and a net margin of 7.92%. The firm's revenue was up 10.9% compared to the same quarter last year. During the same period last year, the firm earned $0.21 EPS. View Fogo de Chao's Earnings History.

What guidance has Fogo de Chao issued on next quarter's earnings?

Fogo de Chao issued an update on its FY17 earnings guidance on Monday, May, 8th. The company provided earnings per share (EPS) guidance of $0.92-0.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.91. The company issued revenue guidance of $315-320 million, compared to the consensus revenue estimate of $317.97 million.

Where is Fogo de Chao's stock going? Where will Fogo de Chao's stock price be in 2017?

6 brokers have issued 1-year price objectives for Fogo de Chao's shares. Their forecasts range from $15.00 to $20.00. On average, they expect Fogo de Chao's stock price to reach $16.42 in the next year. View Analyst Ratings for Fogo de Chao.

What are 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. " (7/12/2017)
  • 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)
  • 3. Jefferies Group LLC analysts commented, "4Q EPS of $0.28 beat by $0.01 on system SSS of -2.0% vs. Jef/Cons. of -6.6%/-4.8% with US traffic benefiting from increased brand awareness through traffic driving initiatives around expanded daypart and value offerings and Brazil potentially nearing an inflection. '17 guide of flat SSS and $0.94 EPS at the midpoint vs. Cons. of -1.3%/$0.92 could be conservative. Maintain Buy and $17 PT." (3/15/2017)
  • 4. Wells Fargo & Company analysts commented, "We expect 4Q16 same-store sales (SSS) and EPS upside coupled with an in-line (and likely conservative) guide for 2017, to push shares closer to peer average valuation (8.7x 2018E EBITDA vs. FOGO's 7.4x) in the near term, in our view. FOGO reported 4Q EPS of $0.28, just above the $0.27 Street estimate, with the upside largely driven by stronger-than-expected U.S. SSS of down 1%, which easily outpaced the -5.9% Street estimate. With consumer uncertainty abound, we remain constructive on FOGO given our expectation for the return of system SSS growth in the back-half of 2017, an improved currency backdrop and continued mid-teens unit growth supported by almost 40% cash-on-cash returns at new stores. We're raising our 2017E EPS to $0.92 (at the low-end of the $0.92-$0.95 guidance range) from $0.90 and our valuation range to $15-$16 from $12.75-$13.75 as we roll forward to 2018 estimates." (3/15/2017)
  • 5. Deutsche Bank AG analysts commented, "Fogo de Chao's release its fourth quarter results, which included EPS that was ~1c ahead of our estimate on a blended SSS decline of 2% (consisting of US SSS that were better than our forecast at -1% vs. DBe -2% and a -6.9% Brazilian comps). Restaurant-level margins compressed by ~110bps more than our model, as ongoing inefficiencies from new units and to a lesser degree SSS deleverage continued to weigh on result. In addition, FOGO introduced 2017 line-item guidance which were highlighted by top-line growth of ~+9-11% (including largely flattish comps and new units) and restaurant-level margins that may decline by an additional ~60-100bps." (3/15/2017)

Who are some of Fogo de Chao's key competitors?

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 initial public offering (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.

Who owns Fogo de Chao stock?

Fogo de Chao's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Thomson Horstmann & Bryant Inc. (1.84%). Company insiders that own Fogo de Chao stock include H Lee Equity Fund Vi Thomas, Todd M Abbrecht and Tony Laday. View Institutional Ownership Trends for Fogo de Chao.

Who bought Fogo de Chao stock? Who is buying Fogo de Chao stock?

Fogo de Chao's stock was bought by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc.. View Insider Buying and Selling for Fogo de Chao.

How do I buy Fogo de Chao stock?

Shares of Fogo de Chao can be purchased through any online brokerage account. Popular online brokerages 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 de Chao stock can currently be purchased for approximately $13.30.

MarketBeat Community Rating for Fogo de Chao (NASDAQ FOGO)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  75 (Vote Outperform)
Underperform Votes:  141 (Vote Underperform)
Total Votes:  216
MarketBeat's community ratings are surveys of what our community members think about Fogo de Chao and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Fogo de Chao (NASDAQ:FOGO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $16.42 (23.43% upside)

Analysts' Ratings History for Fogo de Chao (NASDAQ:FOGO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/4/2017Canaccord GenuityUpgradeHold -> Buy$16.00 -> $20.00HighView Rating Details
3/15/2017Jefferies Group LLCReiterated RatingBuy$17.00HighView Rating Details
3/15/2017Wells Fargo & CompanyBoost Price TargetIn-Line$13.25 -> $15.50HighView Rating Details
3/15/2017Deutsche Bank AGBoost Price TargetHold$14.50 -> $15.00HighView Rating Details
9/28/2016J P Morgan Chase & CoReiterated RatingHold$15.00N/AView Rating Details
8/13/2016Piper Jaffray CompaniesReiterated RatingOverweight$18.00 -> $16.00N/AView Rating Details
5/24/2016MacquarieDowngradeOutperform -> NeutralN/AView Rating Details
11/4/2015Credit Suisse GroupLower Price Target$20.00 -> $18.00N/AView Rating Details
(Data available from 7/25/2015 forward)


Earnings History for Fogo de Chao (NASDAQ:FOGO)
Earnings by Quarter for Fogo de Chao (NASDAQ:FOGO)
Earnings History by Quarter for Fogo de Chao (NASDAQ FOGO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017Q1 2017$0.18$0.18$75.06 million$76.40 millionViewListenView Earnings Details
3/14/2017Q4 2016$0.27$0.28$77.06 million$80.90 millionViewN/AView Earnings Details
11/7/2016Q3$0.15$0.16$65.80 million$69.00 millionViewListenView Earnings Details
8/9/2016Q216$0.25$0.22$73.31 million$69.60 millionViewListenView Earnings Details
5/10/2016Q1$0.23$0.21$71.86 million$68.90 millionViewListenView Earnings Details
3/15/2016Q415$0.28$0.29$76.80 million$77.50 millionViewListenView Earnings Details
11/3/2015Q315$0.18$0.18$61.13 million$61.00 millionViewListenView Earnings Details
8/11/2015Q215$0.09$0.16$65.26 million$68.20 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Fogo de Chao (NASDAQ:FOGO)
2017 EPS Consensus Estimate: $0.93
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.20$0.20$0.20
Q2 20171$0.22$0.22$0.22
Q3 20171$0.18$0.18$0.18
Q4 20171$0.33$0.33$0.33
(Data provided by Zacks Investment Research)


Dividend History for Fogo de Chao (NASDAQ:FOGO)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Fogo de Chao (NASDAQ:FOGO)
Insider Ownership Percentage: 82.80%
Institutional Ownership Percentage: 90.62%
Insider Trades by Quarter for Fogo de Chao (NASDAQ:FOGO)
Institutional Ownership by Quarter for Fogo de Chao (NASDAQ:FOGO)
Insider Trades by Quarter for Fogo de Chao (NASDAQ:FOGO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/23/2017H. Lee Equity Fund Vi ThomasMajor ShareholderSell675,000$14.00$9,450,000.00View SEC Filing  
5/17/2017Todd M AbbrechtDirectorSell4,500,000$14.00$63,000,000.00View SEC Filing  
9/30/2016Tony LadayCFOBuy1,000$10.62$10,620.00View SEC Filing  
6/24/2015Eulila Selma OliveiraCOOBuy2,640$20.00$52,800.00View SEC Filing  
6/24/2015George Barry McgowanPresidentBuy10,956$20.00$219,120.00View SEC Filing  
6/24/2015Jandir DalbertoInsiderBuy10,000$20.00$200,000.00View SEC Filing  
6/24/2015Neil MosesDirectorBuy5,300$20.00$106,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Fogo de Chao (NASDAQ:FOGO)
Latest Headlines for Fogo de Chao (NASDAQ:FOGO)
DateHeadline logoZacks: Analysts Anticipate Fogo de Chao, Inc. (NASDAQ:FOGO) Will Announce Quarterly Sales of $77.19 Million - July 14 at 4:20 PM logoFogo de Chao, Inc. (FOGO) Expected to Post Earnings of $0.23 Per Share - July 12 at 8:44 AM logoFogo de Chao, Inc. (FOGO) Given Consensus Rating of "Buy" by Brokerages - June 28 at 8:24 AM logoZacks: Brokerages Anticipate Fogo de Chao, Inc. (FOGO) Will Announce Quarterly Sales of $77.39 Million - June 18 at 10:48 AM logo Analysts Expect Fogo de Chao, Inc. (FOGO) to Announce $0.23 EPS - June 16 at 11:38 AM logoFogo de Chao wraps up revamp of its downtown Minneapolis restaurant - June 15 at 7:25 PM logoIs Fogo de Chao (FOGO) a Great Stock for Value Investors? - June 9 at 5:41 PM logoETFs with exposure to Fogo de Chão, Inc. : June 6, 2017 - June 6 at 5:38 PM logo4 Reasons Why You Should Buy Fogo de Chao (FOGO) Stock Now - June 5 at 11:09 AM logoFogo De Chao Inc (FOGO) Given Consensus Recommendation of "Buy" by Brokerages - June 2 at 6:42 PM logoFogo de Chão Completes Renovation of Minneapolis Location - June 1 at 6:01 PM logoFogo De Chao Inc (FOGO) Raised to "Buy" at Zacks Investment Research - May 31 at 11:26 PM logoFogo De Chao Inc (FOGO) Downgraded by Zacks Investment Research to Hold - May 31 at 10:04 PM logoFogo De Chao Inc (FOGO) Major Shareholder Sells $9,450,000.00 in Stock - May 25 at 7:27 PM logoTop Ranked Value Stocks to Buy for May 23rd - May 23 at 4:55 PM logoFogo De Chao Inc (FOGO) Director Sells $63,000,000.00 in Stock - May 19 at 7:40 PM logoETFs with exposure to Fogo de Chão, Inc. : May 16, 2017 - May 16 at 5:13 PM logoValuing Fogo de Chao Suddenly Becomes Foggy Proposition - May 15 at 4:54 PM logoFogo de Chão, Inc. :FOGO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 15, 2017 - May 15 at 4:54 PM logoFogo de Chao (FOGO) Prices 4.5M Share Secondary Offering at $14/Sh - May 12 at 10:53 PM logoFogo de Chão, Inc. – Value Analysis (NASDAQ:FOGO) : May 12, 2017 - May 12 at 5:51 PM logoBRIEF-Fogo De Chão announces pricing of its secondary offering of common stock - May 12 at 3:56 AM logoFogo de Chão, Inc. Announces Pricing of Its Secondary Offering of Common Stock - May 11 at 10:55 PM logoFogo de Chão, Inc. breached its 50 day moving average in a Bearish Manner : FOGO-US : May 11, 2017 - May 11 at 5:53 PM logoEdited Transcript of FOGO earnings conference call or presentation 8-May-17 9:00pm GMT - May 10 at 9:32 AM
News IconBRIEF-Fogo de Chão reports Q1 revenue $76.4 million - May 9 at 10:17 AM logoBRIEF-Fogo de Chao announced an underwritten public offering of 4,500,000 shares of common stock - May 9 at 10:17 AM logoFogo De Chao Inc (FOGO) Releases Quarterly Earnings Results, Hits Expectations - May 9 at 12:39 AM logoFogo De Chao Inc (FOGO) Posts Quarterly Earnings Results, Hits Estimates - May 9 at 12:16 AM logoFogo De Chao Inc (FOGO) Releases FY17 Earnings Guidance - May 8 at 6:04 PM logoFogo de Chao meets 1Q profit forecasts - May 8 at 5:55 PM logoInvestor Network: Fogo de Chao, Inc. to Host Earnings Call - May 8 at 5:02 PM logoFogo de Chão, Inc. Announces Launch of Proposed Secondary Offering of Common Stock - May 8 at 5:02 PM logoFogo De Chao Inc (FOGO) Given Consensus Rating of "Hold" by Analysts - May 8 at 4:54 PM logoFogo De Chao Inc (FOGO) Upgraded at Canaccord Genuity - May 7 at 2:16 PM logoWhat to Expect from Fogo de Chao (FOGO) in Q1 Earnings? - May 4 at 12:21 PM logo$0.18 Earnings Per Share Expected for Fogo De Chao Inc (FOGO) This Quarter - May 4 at 1:37 AM logo$75.25 Million in Sales Expected for Fogo De Chao Inc (FOGO) This Quarter - May 4 at 1:36 AM logoFogo De Chao (FOGO) Receiving Positive News Coverage, AlphaOne Reports - April 30 at 1:52 PM logoZacks: Brokerages Anticipate Fogo De Chao Inc (FOGO) Will Announce Quarterly Sales of $75.25 Million - April 30 at 10:12 AM logoFogo De Chao Inc (FOGO) Expected to Post Earnings of $0.18 Per Share - April 28 at 8:54 AM logoFogo De Chao (FOGO) Receives Media Impact Rating of -0.10 - April 27 at 5:41 PM logoFogo de Chão, Inc. to Announce First Quarter 2017 Results on May 8, 2017 - April 26 at 8:07 PM logoFogo De Chao (FOGO) Earns Coverage Optimism Rating of 0.31 - April 23 at 6:36 PM logoFogo De Chao's (FOGO) "Hold" Rating Reiterated at Canaccord Genuity - April 22 at 7:11 AM logoETFs with exposure to Fogo de Chão, Inc. : April 21, 2017 - April 21 at 5:16 PM logoFogo De Chao (FOGO) Earns Daily Media Impact Score of 0.05 - April 20 at 7:00 PM logoFogo De Chao (FOGO) Getting Somewhat Critical Media Coverage, Report Shows - April 15 at 11:45 AM logoZacks: Brokerages Expect Fogo De Chao Inc (FOGO) Will Announce Quarterly Sales of $75.25 Million - April 8 at 8:18 AM logoFogo De Chao Inc (FOGO) Short Interest Down 10.1% in March - April 7 at 8:01 PM



Fogo de Chao (FOGO) Chart for Tuesday, July, 25, 2017

This page was last updated on 7/25/2017 by Staff