News coverage about Kona Grill (NASDAQ:KONA) has trended somewhat positive on Sunday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kona Grill earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave news coverage about the restaurant operator an impact score of 45.5947885243194 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Kona Grill (NASDAQ:KONA) traded up $0.03 during midday trading on Friday, reaching $1.70. The company’s stock had a trading volume of 33,180 shares, compared to its average volume of 154,337. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.54 and a quick ratio of 0.42. Kona Grill has a 52-week low of $1.50 and a 52-week high of $9.93.
Kona Grill (NASDAQ:KONA) last released its quarterly earnings data on Thursday, November 9th. The restaurant operator reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.11). The company had revenue of $44.40 million for the quarter, compared to the consensus estimate of $46.32 million. Kona Grill had a negative return on equity of 55.38% and a negative net margin of 15.32%. The business’s revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.24) earnings per share.
KONA has been the topic of several analyst reports. ValuEngine upgraded Kona Grill from a “strong sell” rating to a “sell” rating in a research report on Friday, December 1st. Lake Street Capital lowered their target price on Kona Grill from $5.00 to $3.50 and set a “buy” rating on the stock in a research report on Friday, November 10th. Finally, Zacks Investment Research upgraded Kona Grill from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. Kona Grill has a consensus rating of “Hold” and a consensus price target of $6.17.
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Kona Grill Company Profile
Kona Grill, Inc owns and operates upscale casual dining restaurants under the name Kona Grill. The Company owns and operates approximately 40 restaurants in 20 states throughout the United States and Puerto Rico. Its high-volume upscale casual restaurants feature a global menu of contemporary American favorites and sushi.
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