NASDAQ:FRGI - Fiesta Restaurant Group Stock Price, Price Target & More

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 buyback plan on Tuesday, February 27th 2018, which permits the company to repurchase 1,500,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its shares are undervalued.

Fiesta Restaurant Group Inc (NASDAQ:FRGI) posted its earnings results on Monday, May, 7th. The restaurant operator reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.01. The restaurant operator earned $169.48 million during the quarter, compared to analyst estimates of $163.86 million. Fiesta Restaurant Group had a positive return on equity of 5.87% and a negative net margin of 2.56%. The firm's quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $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, August, 6th 2018. View Earnings Estimates for Fiesta Restaurant Group.

4 Wall Street analysts have issued 1-year target prices for Fiesta Restaurant Group's shares. Their predictions range from $14.00 to $33.00. On average, they expect Fiesta Restaurant Group's stock price to reach $24.00 in the next year. This suggests that the stock has a possible downside of 20.7%. View Analyst Ratings for Fiesta Restaurant Group.

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

Some companies that are related to Fiesta Restaurant Group include Cheesecake Factory (CAKE), Jack in the Box (JACK), Main Street Capital (MAIN), Brinker International (EAT), Bloomin' Brands (BLMN), Dave & Buster's Entertainment (PLAY), Papa John's Int'l (PZZA), Wingstop (WING), Arcos Dorados (ARCO), MITCHELLS &BUTLERS (MBPFF), Sonic (SONC), BJ's Restaurants (BJRI), Dine Brands Global (DIN), Denny's (DENN) and Ruth's Hospitality Group (RUTH).

Headlines about FRGI stock have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fiesta Restaurant Group earned a daily sentiment score of 0.14 on Accern's scale. They also gave news stories about the restaurant operator an impact score of 45.86 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Fiesta Restaurant Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own Fiesta Restaurant Group stock include Barry J Alperin, Brian P Friedman, Charles Locke, Cheri Kinder, Jack A Smith, John Alan Todd Jr, Joseph Brink, National Corp Leucadia, Paul E Twohig, Richard C Stockinger and Stephen P Elker. View Institutional Ownership Trends for Fiesta Restaurant Group.

FRGI stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. 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, Scottrade, Fidelity and Charles Schwab.

One share of FRGI stock can currently be purchased for approximately $30.25.

Fiesta Restaurant Group has a market capitalization of $821.65 million and generates $669.13 million in revenue each year. The restaurant operator earns $-36,230,000.00 in net income (profit) each year or $0.60 on an earnings per share basis. Fiesta Restaurant Group employs 10,290 workers across the globe.

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