NASDAQ:FRGI - Fiesta Restaurant Group Stock Price, News & Analysis

Fiesta Restaurant Group trades on the NASDAQ under the ticker symbol "FRGI."

Fiesta Restaurant Group announced that its Board of Directors has initiated a share repurchase program on Tuesday, February 27th 2018, which authorizes the company to repurchase 1,500,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

Fiesta Restaurant Group Inc (NASDAQ:FRGI) released its earnings results on Wednesday, August, 7th. The restaurant operator reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.02. The restaurant operator had revenue of $171.40 million for the quarter, compared to analysts' expectations of $172.73 million. Fiesta Restaurant Group had a negative net margin of 6.92% and a positive return on equity of 6.32%. Fiesta Restaurant Group's revenue was down 3.1% compared to the same quarter last year. During the same period last year, the business earned $0.25 earnings per share. View Fiesta Restaurant Group's Earnings History.

Fiesta Restaurant Group is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Fiesta Restaurant Group.

3 brokers have issued twelve-month target prices for Fiesta Restaurant Group's stock. Their forecasts range from $14.00 to $28.00. On average, they expect Fiesta Restaurant Group's share price to reach $21.00 in the next year. This suggests a possible upside of 96.6% from the stock's current price. View Analyst Price Targets for Fiesta Restaurant Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fiesta Restaurant Group in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fiesta Restaurant Group.

News articles about FRGI stock have trended somewhat positive recently, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Fiesta Restaurant Group earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news stories about the restaurant operator a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Fiesta Restaurant Group.

Fiesta Restaurant Group saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 1,726,000 shares, an increase of 18.0% from the July 15th total of 1,463,100 shares. Based on an average daily volume of 277,000 shares, the days-to-cover ratio is currently 6.2 days. Currently, 6.5% of the shares of the stock are sold short. View Fiesta Restaurant Group's Current Options Chain.

Some companies that are related to Fiesta Restaurant Group include BJ's Restaurants (BJRI), Ruth's Hospitality Group (RUTH), Bojangles (BOJA), Red Robin Gourmet Burgers (RRGB), El Pollo LoCo (LOCO), Chuy's (CHUY), Del Taco Restaurants (TACO), Carrols Restaurant Group (TAST), Nathan's Famous (NATH), Noodles & Co (NDLS), Del Frisco's Restaurant Group (DFRG), Habit Restaurants (HABT), J Alexanders (JAX), RCI Hospitality (RICK) and Kura Sushi USA (KRUS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fiesta Restaurant Group investors own include CNX Resources (CNX), Gilead Sciences (GILD), Materion (MTRN), Esperion Therapeutics (ESPR), Alibaba Group (BABA), American Airlines Group (AAL), FireEye (FEYE), Alphabet (GOOG), Inovio Pharmaceuticals (INO) and El Pollo LoCo (LOCO).

Fiesta Restaurant Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.12%), Vanguard Group Inc. (8.70%), Price T Rowe Associates Inc. MD (8.24%), Private Capital Management LLC (5.50%), D. E. Shaw & Co. Inc. (2.73%) and Birch Run Capital Advisors LP (1.59%). Company insiders that own Fiesta Restaurant Group stock include Charles Locke, Jack A Smith, Jefferies Financial Group Inc, Joseph Brink, National Corp Leucadia and Richard C Stockinger. View Institutional Ownership Trends for Fiesta Restaurant Group.

FRGI stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Renaissance Technologies LLC, JPMorgan Chase & Co., Acadian Asset Management LLC, Jacobs Levy Equity Management Inc., THB Asset Management, Vanguard Group Inc. and AQR Capital Management LLC. View Insider Buying and Selling for Fiesta Restaurant Group.

FRGI stock was acquired by a variety of institutional investors in the last quarter, including Private Capital Management LLC, D. E. Shaw & Co. Inc., BlackRock Inc., Heartland Advisors Inc., Rice Hall James & Associates LLC, Morgan Stanley, Coatue Management LLC and GSA Capital Partners LLP. Company insiders that have bought Fiesta Restaurant Group stock in the last two years include Charles Locke, Jack A Smith, Jefferies Financial Group Inc, National Corp Leucadia and Richard C Stockinger. View Insider Buying and Selling for Fiesta Restaurant Group.

Shares of FRGI 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, Robinhood, Fidelity and Charles Schwab.

One share of FRGI stock can currently be purchased for approximately $10.68.

Fiesta Restaurant Group has a market capitalization of $293.49 million and generates $688.60 million in revenue each year. The restaurant operator earns $7.79 million in net income (profit) each year or $0.60 on an earnings per share basis. Fiesta Restaurant Group employs 10,220 workers across the globe.View Additional Information About Fiesta Restaurant Group.

The official website for Fiesta Restaurant Group is http://www.frgi.com/.

Fiesta Restaurant Group's mailing address is 14800 LANDMARK BOULEVARD SUITE 500, DALLAS TX, 75254. The restaurant operator can be reached via phone at 972-702-9300 or via email at [email protected]