The leading market experts have reached a mean price target of $17.17 on Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) stock. This price level, which is projected to be accomplished in one-year, shows the mean of stock views specified by the firms included in the First Call analysis. The research firms have foreseen earnings of $0.36 a share for the future quarter and $0.83 for the current fiscal.
The technical analysis of Del Frisco’s Restaurant Group, proves that the 50-day moving average of Del Frisco’s Restaurant Group, is $15.10, and stock is trading $-0.94 points away or -6.21% from 50-day moving average of $15.10. It is trading $-1.37 or -8.79% away 200-day moving average of $15.53. Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) 52-week high is $17.15 and the low is $12.50 in same period. This explains if the equity moves $-2.99, it will mark a high for the year. In event of +13.28% decline, the low point will be hit.
Taking the valuation side to highlight Del Frisco’s Restaurant Group, position, shareholders can use financial tool identified as price-to-earnings ratio. This business ratio judges stock’s valuation by seeing the relative expense of the equity. Following this ratio, Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) ratio came in at 19.94.
In core, the price-earnings ratio specifies the dollar amount a stockholder can expect to spend in a company in order to obtain one dollar of that firm’s earnings. It is why the P/E ratio is sometimes stated as the multiple because it displays how much investors are ready to pay per dollar of profits. If a company were now trading at a multiple of 30, the reading is that an investor is ready to pay $30 for $1 of present earnings.
The stock ended the last session at $14.16 and registered a market cap of $330.66M. To appraise firm’s overall growth, the shareholders take help of another ration, identified as Price-to-Earnings-Growth ratio. When equity displays a higher PEG ratio, it is indicative of poorer stock appreciation in imminent sessions. A equity comes in the undervalued stocks list when its PEG ratio is in between 0 and 1. Del Frisco's Restaurant Group, Inc. (NASDAQ:DFRG) PEG ratio is at 1.50.
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