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

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

Fiesta Restaurant Group declared that its board has initiated a stock buyback program on Tuesday, February 27th 2018, which allows the company to repurchase 1,500,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Fiesta Restaurant Group Inc (NASDAQ:FRGI) posted its earnings results on Tuesday, November, 5th. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.09 by $0.08. The restaurant operator had revenue of $164.20 million for the quarter, compared to the consensus estimate of $164.39 million. Fiesta Restaurant Group had a positive return on equity of 5.52% and a negative net margin of 10.65%. The company's revenue for the quarter was down 6.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.11 EPS. View Fiesta Restaurant Group's Earnings History.

Fiesta Restaurant Group is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Fiesta Restaurant Group.

1 brokers have issued 1-year target prices for Fiesta Restaurant Group's shares. Their forecasts range from $14.00 to $14.00. On average, they expect Fiesta Restaurant Group's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 27.0% from the stock's current price. View Analyst Price Targets for Fiesta Restaurant Group.

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

Headlines about FRGI stock have been trending somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Fiesta Restaurant Group earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news headlines about the restaurant operator a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Fiesta Restaurant Group.

Fiesta Restaurant Group saw a increase in short interest in December. As of December 31st, there was short interest totalling 2,180,000 shares, an increase of 5.8% from the December 15th total of 2,060,000 shares. Based on an average daily volume of 288,900 shares, the short-interest ratio is currently 7.5 days. Approximately 8.1% of the shares of the company are short sold. View Fiesta Restaurant Group's Current Options Chain.

Some companies that are related to Fiesta Restaurant Group include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Darden Restaurants (DRI), Domino's Pizza (DPZ), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Jack in the Box (JACK), Bloomin' Brands (BLMN), Cheesecake Factory (CAKE) and Brinker International (EAT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fiesta Restaurant Group investors own include Newell Brands (NWL), Gilead Sciences (GILD), Meet Group (MEET), CNX Resources (CNX), Citigroup (C), Materion (MTRN), Alibaba Group (BABA), Conduent (CNDT), General Electric (GE) and American Airlines Group (AAL).

Fiesta Restaurant Group's stock is owned by many different of institutional and retail investors. Top institutional investors include 6 Meridian (0.21%) and Alpine Global Management LLC (0.07%). Company insiders that own Fiesta Restaurant Group stock include 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 purchased by a variety of institutional investors in the last quarter, including Alpine Global Management LLC and 6 Meridian. Company insiders that have bought Fiesta Restaurant Group stock in the last two years include 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 $11.02.

Fiesta Restaurant Group has a market capitalization of $302.83 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]