Favorable Media Coverage Somewhat Unlikely to Affect Del Frisco's Restaurant Group (NASDAQ:DFRG) Stock Price

Headlines about Del Frisco's Restaurant Group (NASDAQ:DFRG) have been trending positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Del Frisco's Restaurant Group earned a coverage optimism score of 0.42 on Accern’s scale. Accern also assigned headlines about the restaurant operator an impact score of 44.5348736823073 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the headlines that may have effected Accern’s analysis:

Del Frisco's Restaurant Group (NASDAQ:DFRG) traded down $0.20 on Friday, reaching $17.15. 276,793 shares of the company’s stock traded hands, compared to its average volume of 298,296. Del Frisco's Restaurant Group has a 12-month low of $11.70 and a 12-month high of $18.80. The company has a current ratio of 0.76, a quick ratio of 0.33 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $372.40, a P/E ratio of 38.11, a P/E/G ratio of 1.95 and a beta of 0.92.

A number of equities analysts recently weighed in on DFRG shares. Zacks Investment Research raised shares of Del Frisco's Restaurant Group from a “sell” rating to a “hold” rating in a research note on Friday, November 17th. Raymond James Financial set a $16.00 price target on shares of Del Frisco's Restaurant Group and gave the company a “hold” rating in a research note on Monday, October 16th. Credit Suisse Group decreased their price target on shares of Del Frisco's Restaurant Group from $16.50 to $14.50 and set an “outperform” rating for the company in a research note on Wednesday, October 18th. BidaskClub raised shares of Del Frisco's Restaurant Group from a “hold” rating to a “buy” rating in a research note on Tuesday, January 23rd. Finally, Stephens raised shares of Del Frisco's Restaurant Group from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $15.10 to $18.00 in a research note on Wednesday, January 10th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Del Frisco's Restaurant Group has an average rating of “Buy” and an average target price of $17.00.

TRADEMARK VIOLATION NOTICE: “Favorable Media Coverage Somewhat Unlikely to Affect Del Frisco's Restaurant Group (NASDAQ:DFRG) Stock Price” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international copyright and trademark laws. The correct version of this report can be viewed at https://ledgergazette.com/2018/02/10/positive-news-coverage-somewhat-unlikely-to-impact-del-friscos-restaurant-group-dfrg-stock-price.html.

Del Frisco's Restaurant Group Company Profile

Del Frisco’s Restaurant Group, Inc develops, owns and operates three contemporary, complementary restaurants: Del Frisco’s Double Eagle Steak House (Del Frisco’s), Sullivan’s Steakhouse (Sullivan’s) and Del Frisco’s Grille (the Grille). As of December 27, 2016, the Company operated 53 restaurants in 24 states and the District of Columbia in the United States.

Insider Buying and Selling by Quarter for Del Frisco's Restaurant Group (NASDAQ:DFRG)

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