Stock To Watch: Fiesta Restaurant Group, Inc. (NASDAQ:FRGI)


The leading market experts have placed a mean price target of $26.70 on Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.30 a share for the upcoming quarter and $1.33 for the current fiscal.

Technical View

The technical analysis of Fiesta Restaurant Group, Inc. plainly substantiates that the 50-day moving average of Fiesta Restaurant Group, Inc. is $23.49, and stock is trading $0.15 points away or +0.62% from its 50-day moving average of $23.49. Further it is trading $-5.40 or -18.60% away its 200-day moving average of $29.04. Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) 52-week high is $53.14 and the 52-week low is $20.15.

This explains if the stock moves $-29.50, it will post a 52-week high. In event of +17.32% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Fiesta Restaurant Group, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) ratio came in at 17.83.

The stock last ended the trading session at $23.64 and registered a market cap of $630.88M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) PEG ratio is at 1.39.

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