Ruth’s Hospitality Group Inc. (NASDAQ:RUTH) previous close was $25.57 while the outstanding shares total 34.28M. The firm has a beta of 2.45. RUTH’s shares traded lower over the last trading session, losing -3.09% on 06/09/21. The shares fell to a low of $24.78 before closing at $24.78. Intraday shares traded counted 0.77 million, which was -117.51% lower than its 30-day average trading volume of 355.94K. The stock’s Relative Strength Index (RSI) is 52.88, with weekly volatility at 4.32% and ATR at 1.11. The RUTH stock’s 52-week price range has touched low of $6.15 and a $28.73 high.
Investors have identified the Restaurants company Ruth’s Hospitality Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $866.06 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Ruth’s Hospitality Group Inc. (RUTH) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 138.66 million total, with 103.15 million as their total liabilities.
RUTH were able to record 18.85 million as free cash flow during the 07/23/2021 quarter of the year, this saw their quarterly net cash flow reduce by 16.92 million. In cash movements, the company had a total of 19.21 million as operating cash flow.
Potential earnings growth for Ruth’s Hospitality Group Inc. (RUTH)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/23/2021 quarter of the year, Ruth’s Hospitality Group Inc. recorded a total of 87.28 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -24.35% coming in sequential stages and their sales for the 07/23/2021 quarter increasing by 11.36%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 60.5 million trying to sell their products during the last quarter, with the result yielding a gross income of 26.78 million. This allows shareholders to hold on to 34.28M with the recently reported earning now reading 0.27 cents per share. This is a figure that compared to analystâ€™s prediction for their 07/23/2021 (0.26 cents a share).
Having a look at the companyâ€™s valuation, the company is expected to record 1.41 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on RUTH sounds very interesting.
Is the stock of RUTH attractive?
In related news, Director, ODONNELL MICHAEL P sold 18,188 shares of the companyâ€™s stock in a transaction that recorded on Mar 11. The sale was performed at an average price of 25.52, for a total value of 464,090. As the sale deal closes, the Director, ODONNELL MICHAEL P now sold 106,812 shares of the companyâ€™s stock, valued at 2,656,009. Also, Director, ODONNELL MICHAEL P sold 75,000 shares of the companyâ€™s stock in a deal that was recorded on Mar 09. The shares were price at an average price of 24.81 per share, with a total market value of 1,860,532. In the last 6 months, insiders have changed their ownership in shares of company stock by 4.90%.
2 out of 5 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Ruth’s Hospitality Group Inc.. 0 analysts has assigned a Sell rating on the RUTH stock. The 12-month mean consensus price target for the companyâ€™s shares has been set at $28.75.