Famous Dave’s of America (DAVE) Earning Positive Media Coverage, Report Shows

News headlines about Famous Dave’s of America (NASDAQ:DAVE) have been trending positive on Sunday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Famous Dave’s of America earned a news impact score of 0.30 on Accern’s scale. Accern also gave media coverage about the restaurant operator an impact score of 45.3939966934366 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

DAVE has been the subject of several analyst reports. Zacks Investment Research lowered Famous Dave’s of America from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. ValuEngine upgraded Famous Dave’s of America from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 16th.

Shares of Famous Dave’s of America (DAVE) traded up 1.99% during midday trading on Friday, reaching $3.85. The company’s stock had a trading volume of 23,022 shares. The stock’s market capitalization is $26.78 million. The stock has a 50-day moving average price of $4.26 and a 200 day moving average price of $3.93. Famous Dave’s of America has a 52 week low of $3.38 and a 52 week high of $6.60.

Famous Dave’s of America (NASDAQ:DAVE) last issued its earnings results on Monday, August 14th. The restaurant operator reported $0.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.07. The business had revenue of $25.30 million during the quarter, compared to analysts’ expectations of $26.06 million. Famous Dave’s of America had a positive return on equity of 0.70% and a negative net margin of 6.19%. Famous Dave’s of America’s revenue was down 8.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.17 earnings per share. Equities analysts forecast that Famous Dave’s of America will post ($0.06) earnings per share for the current year.

In other news, Director Charles William Mooty acquired 16,256 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The stock was acquired at an average cost of $4.00 per share, for a total transaction of $65,024.00. Following the completion of the acquisition, the director now owns 83,256 shares in the company, valued at $333,024. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Bandera Partners Llc acquired 8,502 shares of the business’s stock in a transaction that occurred on Tuesday, July 18th. The shares were purchased at an average price of $3.45 per share, with a total value of $29,331.90. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 70,714 shares of company stock valued at $259,312. 27.00% of the stock is currently owned by insiders.

ILLEGAL ACTIVITY WARNING: This story was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this story can be read at https://ledgergazette.com/2017/10/08/famous-daves-of-america-dave-earning-positive-media-coverage-report-shows.html.

Famous Dave’s of America Company Profile

Famous Dave’s of America, Inc (Famous Dave’s) operates restaurants. The Company’s restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It has the Company-owned and franchise-operated restaurants in the United States, t

DAVE has been the subject of several analyst reports. Zacks Investment Research lowered Famous Dave’s of America from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. ValuEngine upgraded Famous Dave’s of America from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 16th.

Shares of Famous Dave’s of America (DAVE) traded up 1.99% during midday trading on Friday, reaching $3.85. The company’s stock had a trading volume of 23,022 shares. The stock’s market capitalization is $26.78 million. The stock has a 50-day moving average price of $4.26 and a 200 day moving average price of $3.93. Famous Dave’s of America has a 52 week low of $3.38 and a 52 week high of $6.60.

Famous Dave’s of America (NASDAQ:DAVE) last issued its earnings results on Monday, August 14th. The restaurant operator reported $0.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.07. The business had revenue of $25.30 million during the quarter, compared to analysts’ expectations of $26.06 million. Famous Dave’s of America had a positive return on equity of 0.70% and a negative net margin of 6.19%. Famous Dave’s of America’s revenue was down 8.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.17 earnings per share. Equities analysts forecast that Famous Dave’s of America will post ($0.06) earnings per share for the current year.

In other news, Director Charles William Mooty acquired 16,256 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The stock was acquired at an average cost of $4.00 per share, for a total transaction of $65,024.00. Following the completion of the acquisition, the director now owns 83,256 shares in the company, valued at $333,024. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Bandera Partners Llc acquired 8,502 shares of the business’s stock in a transaction that occurred on Tuesday, July 18th. The shares were purchased at an average price of $3.45 per share, with a total value of $29,331.90. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 70,714 shares of company stock valued at $259,312. 27.00% of the stock is currently owned by insiders.

ILLEGAL ACTIVITY WARNING: This story was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this story can be read at https://ledgergazette.com/2017/10/08/famous-daves-of-america-dave-earning-positive-media-coverage-report-shows.html.

Famous Dave’s of America Company Profile

Famous Dave’s of America, Inc (Famous Dave’s) operates restaurants. The Company’s restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It has the Company-owned and franchise-operated restaurants in the United States, the Commonwealth of Puerto Rico, and Canada, and it operates within the industry segment of foodservice.

Insider Buying and Selling by Quarter for Famous Dave`s of America (NASDAQ:DAVE)

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