Ignite Restaurant Group Company Profile (NASDAQ:IRG)

About Ignite Restaurant Group (IRG)

Ignite Restaurant Group logoIgnite Restaurant Group, Inc. is a diversified restaurant company. The Company operates a portfolio of two restaurant brands, including Joe's Crab Shack (Joe's) and Brick House Tavern + Tap (Brick House). The Company manages its restaurant brands, Joe's and Brick House, as operating segments. Joe's and Brick House operate in a set of markets across the United States. As of June 27, 2016, it operated127 Joe's restaurants and 26 Brick House restaurants in 33 states within the United States and franchised one Joe's restaurant in Dubai, the United Arab Emirates (U.A.E). Joe's restaurants' menus include the Steampots and Buckets of Crab categories, which allow guests to choose between seasonal varieties of crab (Queen, Snow, Dungeness and King) and whole lobster. As of December 28, 2015, Brick House's menu included 13 appetizers; 38 entrees; a Meatball category, including Greek, buffalo chicken and drunken pork varieties; seasonal daily specials; brunch; dessert, and specialty cocktails.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Hotels Restaurants & Leisure
  • Sub-Industry: Restaurants
  • Exchange: NASDAQ
  • Symbol: IRG
  • CUSIP: 45173010
Key Metrics:
  • Previous Close: $0.37
  • 50 Day Moving Average: $0.44
  • 200 Day Moving Average: $0.52
  • 52-Week Range: $0.19 - $3.79
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.54
  • P/E Growth: 0.00
  • Market Cap: $N/A
  • Beta: 0.59
Profitability:
  • Net Margins: -10.30%
  • Return on Equity: -90.09%
  • Return on Assets: -4.64%
Debt:
  • Debt-to-Equity Ratio: -5.70%
  • Current Ratio: 0.27%
  • Quick Ratio: 0.16%

Analyst Ratings

Consensus Ratings for Ignite Restaurant Group (NASDAQ:IRG) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Ignite Restaurant Group (NASDAQ:IRG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/28/2015SidotiUpgradeNeutral -> BuyN/AView Rating Details
5/5/2015Piper Jaffray CompaniesDowngradeNeutral -> Underweight$5.00 -> $3.00N/AView Rating Details
(Data available from 3/25/2015 forward)

Earnings

Earnings History for Ignite Restaurant Group (NASDAQ:IRG)
Earnings by Quarter for Ignite Restaurant Group (NASDAQ:IRG)
Earnings History by Quarter for Ignite Restaurant Group (NASDAQ:IRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/8/2017        
11/2/2016Q316($0.05)$0.03$117.93 million$119.94 millionViewN/AView Earnings Details
5/4/2016Q116($0.03)($0.04)$119.51 million$117.90 millionViewN/AView Earnings Details
3/3/2016Q415($0.23)($0.29)$91.82 million$93.30 millionViewListenView Earnings Details
11/5/2015Q315$0.02$0.07$136.37 million$133.40 millionViewN/AView Earnings Details
8/6/2015Q215$0.04$0.09$144.05 million$143.17 millionViewN/AView Earnings Details
5/4/2015Q115($0.08)($0.04)$123.30 million$122.20 millionViewN/AView Earnings Details
3/12/2015Q414($0.27)($0.25)$179.40 million$177.30 millionViewN/AView Earnings Details
10/29/2014Q314($0.04)($0.08)$215.40 million$215.23 millionViewN/AView Earnings Details
8/7/2014Q214$0.24$0.08$238.74 million$229.80 millionViewN/AView Earnings Details
4/30/2014Q114($0.11)$0.01$210.21 million$214.90 millionViewN/AView Earnings Details
3/4/2014Q413($0.23)($0.16)$183.92 million$186.90 millionViewN/AView Earnings Details
11/5/2013Q313$0.21($0.04)$232.61 million$227.60 millionViewN/AView Earnings Details
8/7/2013Q2 2013$0.15$0.04$227.13 million$228.10 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.12$0.11$120.62 million$118.24 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ignite Restaurant Group (NASDAQ:IRG)
Current Year EPS Consensus Estimate: $-0.30 EPS
Next Year EPS Consensus Estimate: $-0.24 EPS

Dividends

Dividend History for Ignite Restaurant Group (NASDAQ:IRG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Ignite Restaurant Group (NASDAQ:IRG)
Insider Ownership Percentage: 67.70%
Institutional Ownership Percentage: 83.54%
Insider Trades by Quarter for Ignite Restaurant Group (NASDAQ:IRG)
Institutional Ownership by Quarter for Ignite Restaurant Group (NASDAQ:IRG)
Insider Trades by Quarter for Ignite Restaurant Group (NASDAQ:IRG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/6/2016Robert Stephen MerrittCEOBuy20,000$0.84$16,800.00View SEC Filing  
8/18/2016Brad Alan LeistCFOBuy20,000$1.20$24,000.00View SEC Filing  
6/3/2015David G CatalanoCOOBuy25,000$4.51$112,750.00View SEC Filing  
5/29/2015Raymond A Blanchette IIICEOBuy12,630$3.84$48,499.20View SEC Filing  
5/10/2013John F Gilbert IIIDirectorSell10,000$18.12$181,200.00View SEC Filing  
11/12/2012John F Gilbert IIIDirectorBuy4,000$12.41$49,640.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ignite Restaurant Group (NASDAQ:IRG)
Latest Headlines for Ignite Restaurant Group (NASDAQ:IRG)
Source:
DateHeadline
bizjournals.com logoJoe's Crab Shack parent company has been delisted
www.bizjournals.com - March 14 at 11:47 AM
bizjournals.com logoJoe's Crab Shack parent company faces delisting
www.bizjournals.com - January 30 at 6:42 PM
seekingalpha.com logoIgnite Restaurant Group's (IRG) CEO Bob Merritt on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 4 at 10:36 PM
finance.yahoo.com logoEdited Transcript of IRG earnings conference call or presentation 2-Nov-16 9:00pm GMT
finance.yahoo.com - November 3 at 5:37 PM
biz.yahoo.com logoQ3 2016 Ignite Restaurant Group Inc Earnings Release - After Market Close
biz.yahoo.com - November 2 at 9:08 AM
biz.yahoo.com logoIGNITE RESTAURANT GROUP, INC. Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule
biz.yahoo.com - October 19 at 6:01 PM
finance.yahoo.com logoIgnite Restaurant Group, Inc. to Present at the CL King’s 14th Best Ideas Conference
finance.yahoo.com - September 7 at 5:50 PM
reuters.com logoIgnite Restaurant Group Inc (IRG.O)
www.reuters.com - August 8 at 5:52 PM
reuters.com logoBRIEF-Ignite Restaurant Group Q2 adj. loss per share $0.04
www.reuters.com - August 4 at 6:00 PM
seekingalpha.com logoIgnite Restaurant Group's (IRG) CEO Robert Merritt on Q2 2016 Results - Earnings Call Transcript
seekingalpha.com - August 4 at 6:00 PM
finance.yahoo.com logoEdited Transcript of IRG earnings conference call or presentation 3-Aug-16 9:00pm GMT
finance.yahoo.com - August 4 at 8:44 AM
biz.yahoo.com logoIGNITE RESTAURANT GROUP, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - August 3 at 6:00 PM
biz.yahoo.com logoIGNITE RESTAURANT GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Notice of Delisting
biz.yahoo.com - August 3 at 6:00 PM
biz.yahoo.com logoQ2 2016 Ignite Restaurant Group Inc Earnings Release - After Market Close
biz.yahoo.com - August 3 at 8:55 AM
finance.yahoo.com logoIgnite Restaurant Group, Inc. to Announce Second Quarter 2016 Results on August 3, 2016
finance.yahoo.com - July 18 at 3:47 PM
biz.yahoo.com logoIGNITE RESTAURANT GROUP, INC. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - July 14 at 4:27 PM

Social

Frequently Asked Questions for Ignite Restaurant Group (NASDAQ:IRG)

What is Ignite Restaurant Group's stock symbol?

Ignite Restaurant Group trades on the NASDAQ under the ticker symbol "IRG."

How were Ignite Restaurant Group's earnings last quarter?

Ignite Restaurant Group Inc (NASDAQ:IRG) announced its earnings results on Wednesday, November, 2nd. The company reported $0.03 EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.08. The company earned $119.94 million during the quarter, compared to the consensus estimate of $117.93 million. Ignite Restaurant Group had a negative return on equity of 90.09% and a negative net margin of 10.30%. The firm's revenue for the quarter was down 10.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.07 earnings per share.

When will Ignite Restaurant Group make its next earnings announcement?

Ignite Restaurant Group is scheduled to release their next quarterly earnings announcement on Wednesday, March, 8th 2017.

Who owns Ignite Restaurant Group stock?

Ignite Restaurant Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Royce & Associates LP (3.82%), Lafitte Capital Management LP (1.92%) and Renaissance Technologies LLC (0.84%). Company insiders that own Ignite Restaurant Group stock include Brad Alan Leist, David G Catalano, Raymond A Blanchette III and Robert Stephen Merritt.

Who bought Ignite Restaurant Group stock? Who is buying Ignite Restaurant Group stock?

Ignite Restaurant Group's stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP and Renaissance Technologies LLC. Company insiders that have bought Ignite Restaurant Group stock in the last two years include Brad Alan Leist, David G Catalano, Raymond A Blanchette III and Robert Stephen Merritt.

How do I buy Ignite Restaurant Group stock?

Shares of Ignite Restaurant Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Ignite Restaurant Group stock cost?

One share of Ignite Restaurant Group stock can currently be purchased for approximately $0.37.

Ignite Restaurant Group (IRG) Chart for Saturday, March, 25, 2017

This page was last updated on 3/25/2017 by MarketBeat.com Staff