Are Analysts Bearish Famous Dave’s of America, Inc. (NASDAQ:DAVE) After Last Week?

Out of 2 analysts covering Famous Dave’s (NASDAQ:DAVE), 0 rate it “Buy”, 0 “Sell”, while 0 “Hold”. This means NaN are positive. Famous Dave’s was the topic in 3 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Below is a list of Famous Dave’s of America, Inc. (NASDAQ:DAVE) latest ratings and price target changes.

04/11/2015 Broker: Sidoti Old Rating: Buy New Rating: Neutral Downgrade

The stock increased 1.37% or $0.08 on April 18, hitting $5.94. About 20,705 shares traded hands. Famous Dave’s of America, Inc. (NASDAQ:DAVE) has declined 59.12% since September 11, 2015 and is downtrending. It has underperformed by 65.70% the S&P500.

Famous Dave’s of America, Inc. owns, operates, and franchises restaurants. The company has a market cap of $40.16 million. The Company’s menu focuses on smoked, barbequed, grilled meats, entree items and side dishes, which are prepared using seasonings, sauces and mixes. It has 38.49 P/E ratio. As of December 28, 2014, there were 189 Famous Dave’s restaurants operating in 34 states, the Commonwealth of Puerto Rico and Canada, including 50 Company-owned restaurants and 139 franchise-operated restaurants.

The institutional sentiment increased to 0.93 in Q4 2015. Its up 0.20, from 0.73 in 2015Q3. The ratio improved, as 7 funds sold all Famous Dave’s of America, Inc. shares owned while 8 reduced positions. 5 funds bought stakes while 9 increased positions. They now own 5.56 million shares or 46.72% less from 10.44 million shares in 2015Q3.

Lioneye Capital Management Llc holds 10.85% of its portfolio in Famous Dave’s of America, Inc. for 896,892 shares. Pleasant Lake Partners Llc owns 923,361 shares or 4.08% of their US portfolio. Moreover, Blue Clay Capital Management Llc has 2.47% invested in the company for 429,521 shares. The Connecticut-based Wexford Capital Lp has invested 2.18% in the stock. Rothschild Investment Corp Il, a Illinois-based fund reported 203,475 shares.

Famous Dave's of America, Inc. - Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with MarketBeat.com’s FREE daily email newsletter.

Add Comment