Favorable Media Coverage Somewhat Likely to Impact Bravo Brio Restaurant Group (BBRG) Stock Price
News stories about Bravo Brio Restaurant Group (NASDAQ:BBRG) have been trending positive on Saturday, AlphaOne Sentiment Analysis reports. The research group, a unit of Accern, identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bravo Brio Restaurant Group earned a media sentiment score of 0.39 on AlphaOne’s scale. AlphaOne also gave media coverage about the restaurant operator an impact score of 50 out of 100, meaning that recent media coverage is somewhat likely to have an impact on the stock’s share price in the next several days.
Bravo Brio Restaurant Group (NASDAQ BBRG) traded down 1.08% during mid-day trading on Friday, hitting $4.60. 46,075 shares of the stock traded hands. The stock has a 50-day moving average price of $4.69 and a 200-day moving average price of $4.44. Bravo Brio Restaurant Group has a 12 month low of $3.40 and a 12 month high of $8.68. The stock’s market cap is $69.73 million.
Bravo Brio Restaurant Group (NASDAQ:BBRG) last posted its quarterly earnings data on Tuesday, May 2nd. The restaurant operator reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.01. The firm had revenue of $106.72 million during the quarter, compared to analysts’ expectations of $109.07 million. Bravo Brio Restaurant Group had a negative net margin of 18.72% and a positive return on equity of 14.92%. On average, equities analysts forecast that Bravo Brio Restaurant Group will post $0.24 earnings per share for the current year.
Separately, Zacks Investment Research downgraded shares of Bravo Brio Restaurant Group from a “buy” rating to a “hold” rating in a research note on Friday, May 5th.
About Bravo Brio Restaurant Group
Bravo Brio Restaurant Group, Inc is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO). The Company operates approximately 120 restaurants in over 30 states. Additionally, approximately one BRIO restaurant is operated under a franchise agreement.
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