StockNews.com Begins Coverage on Flanigan’s Enterprises (NYSEAMERICAN:BDL)

Investment analysts at StockNews.com initiated coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDLGet Free Report) in a research report issued on Sunday. The firm set a “hold” rating on the stock.

Flanigan’s Enterprises Stock Performance

Shares of NYSEAMERICAN BDL opened at $24.60 on Friday. Flanigan’s Enterprises has a one year low of $23.94 and a one year high of $29.72. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.57 and a quick ratio of 1.21.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Flanigan’s Enterprises stock. Empowered Funds LLC grew its stake in Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDLFree Report) by 5.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,030 shares of the company’s stock after purchasing an additional 670 shares during the quarter. Empowered Funds LLC’s holdings in Flanigan’s Enterprises were worth $375,000 at the end of the most recent quarter. 11.03% of the stock is owned by institutional investors and hedge funds.

Flanigan’s Enterprises Company Profile

(Get Free Report)

Flanigan’s Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy’s Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan’s Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.

Featured Articles

Receive News & Ratings for Flanigan's Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flanigan's Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.