Headlines about Ruth's Hospitality Group (NASDAQ:RUTH) have been trending positive this week, AlphaOne Sentiment Analysis reports. The research group, a unit of Accern, scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ruth's Hospitality Group earned a news sentiment score of 0.37 on AlphaOne’s scale. AlphaOne also assigned media stories about the restaurant operator an impact score of 51 out of 100, meaning that recent media coverage is somewhat likely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have impacted Alpha One Sentiment Analysis’s scoring:
- Ruth’s Hospitality Group, Inc. : RUTH-US: Dividend Analysis : May 18th, 2017 (record date) : By the numbers : May 18, 2017 (finance.yahoo.com)
- ETFs with exposure to Ruth’s Hospitality Group, Inc. : May 16, 2017 (finance.yahoo.com)
- Ruth's Hospitality Group, Inc. (RUTH) CEO Michael P. Odonnell Sells 81,800 Shares (americanbankingnews.com)
- Ruth’s Hospitality Group, Inc. :RUTH-US: Earnings Analysis: Q1, 2017 By the Numbers : May 15, 2017 (finance.yahoo.com)
- Ruth's Hospitality Group, Inc. (RUTH) Stock Rating Reaffirmed by Citigroup Inc (americanbankingnews.com)
RUTH has been the topic of several recent research reports. Zacks Investment Research raised Ruth's Hospitality Group from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research note on Tuesday, April 18th. Jefferies Group LLC reiterated a “hold” rating on shares of Ruth's Hospitality Group in a report on Monday. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Ruth's Hospitality Group in a report on Thursday, April 20th. They noted that the move was a valuation call. Finally, Citigroup Inc restated a “neutral” rating and set a $22.00 price objective (up previously from $20.00) on shares of Ruth's Hospitality Group in a report on Monday. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $20.25.
Ruth's Hospitality Group (NASDAQ:RUTH) traded up 0.24% during mid-day trading on Friday, reaching $21.30. The company’s stock had a trading volume of 295,390 shares. The stock’s 50 day moving average is $20.31 and its 200 day moving average is $18.37. Ruth's Hospitality Group has a one year low of $13.74 and a one year high of $21.55. The firm has a market cap of $653.74 million, a PE ratio of 22.00 and a beta of 0.52.
Ruth's Hospitality Group (NASDAQ:RUTH) last posted its quarterly earnings results on Friday, May 5th. The restaurant operator reported $0.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.02. Ruth's Hospitality Group had a return on equity of 34.67% and a net margin of 8.03%. The company had revenue of $105.50 million for the quarter, compared to analysts’ expectations of $105.49 million. During the same period last year, the firm earned $0.33 earnings per share. Ruth's Hospitality Group’s quarterly revenue was up 3.5% on a year-over-year basis. On average, analysts anticipate that Ruth's Hospitality Group will post $1.07 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 1st. Shareholders of record on Thursday, May 18th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date is Tuesday, May 16th. Ruth's Hospitality Group’s dividend payout ratio is presently 30.11%.
In other Ruth's Hospitality Group news, CEO Michael P. Odonnell sold 81,800 shares of the firm’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $21.05, for a total value of $1,721,890.00. Following the sale, the chief executive officer now directly owns 1,194,524 shares in the company, valued at $25,144,730.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Carla Cooper sold 3,000 shares of the firm’s stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $21.20, for a total value of $63,600.00. Following the completion of the sale, the director now owns 36,048 shares in the company, valued at $764,217.60. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 108,877 shares of company stock worth $2,293,273. 6.74% of the stock is owned by insiders.
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About Ruth's Hospitality Group
Ruth’s Hospitality Group, Inc develops and operates fine dining restaurants under the name, Ruth’s Chris Steak House. The Company operates through two segments. As of December 25, 2016, the Company-owned steakhouse restaurant segment included 68 Ruth’s Chris Steak House restaurants and one Ruth’s Chris Steak House restaurant, and the franchise operations segment included 81 franchisee-owned Ruth’s Chris Steak House restaurants.
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