Brokerages expect that RCI Hospitality Holdings Inc (NASDAQ:RICK) will announce earnings per share (EPS) of $0.44 for the current quarter, according to Zacks. Two analysts have made estimates for RCI Hospitality’s earnings, with the highest EPS estimate coming in at $0.45 and the lowest estimate coming in at $0.43. RCI Hospitality reported earnings of $0.41 per share in the same quarter last year, which suggests a positive year over year growth rate of 7.3%. The business is scheduled to report its next quarterly earnings report on Monday, December 30th.
According to Zacks, analysts expect that RCI Hospitality will report full-year earnings of $2.38 per share for the current financial year, with EPS estimates ranging from $2.23 to $2.52. For the next fiscal year, analysts anticipate that the firm will report earnings of $2.59 per share, with EPS estimates ranging from $2.56 to $2.61. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that follow RCI Hospitality.
RCI Hospitality (NASDAQ:RICK) last posted its quarterly earnings results on Friday, August 9th. The restaurant operator reported $0.59 EPS for the quarter, meeting the consensus estimate of $0.59. RCI Hospitality had a net margin of 9.09% and a return on equity of 13.51%. The business had revenue of $47.03 million during the quarter, compared to analyst estimates of $46.50 million.
Several analysts have recently commented on the stock. Zacks Investment Research downgraded shares of RCI Hospitality from a “hold” rating to a “sell” rating in a report on Thursday, October 3rd. TheStreet raised shares of RCI Hospitality from a “c+” rating to a “b-” rating in a report on Friday, October 11th. Finally, ValuEngine downgraded shares of RCI Hospitality from a “hold” rating to a “sell” rating in a report on Friday, November 1st.
Shares of NASDAQ:RICK traded down $0.21 during trading hours on Friday, hitting $19.57. The company’s stock had a trading volume of 42,800 shares, compared to its average volume of 64,192. The firm’s fifty day moving average price is $19.43 and its 200 day moving average price is $18.29. The company has a market capitalization of $195.89 million, a price-to-earnings ratio of 8.98, a P/E/G ratio of 0.53 and a beta of 1.07. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.81 and a quick ratio of 0.72. RCI Hospitality has a 52 week low of $12.50 and a 52 week high of $26.58.
Several hedge funds have recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its holdings in shares of RCI Hospitality by 15.0% in the 3rd quarter. First Trust Advisors LP now owns 18,762 shares of the restaurant operator’s stock valued at $388,000 after acquiring an additional 2,443 shares during the last quarter. Mackay Shields LLC purchased a new stake in shares of RCI Hospitality in the 3rd quarter valued at $835,000. Russell Investments Group Ltd. purchased a new stake in shares of RCI Hospitality in the 3rd quarter valued at $219,000. California Public Employees Retirement System boosted its holdings in shares of RCI Hospitality by 5.7% in the 3rd quarter. California Public Employees Retirement System now owns 35,500 shares of the restaurant operator’s stock valued at $734,000 after acquiring an additional 1,900 shares during the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of RCI Hospitality by 9.0% in the 3rd quarter. Rhumbline Advisers now owns 14,348 shares of the restaurant operator’s stock valued at $297,000 after acquiring an additional 1,185 shares during the last quarter. 46.71% of the stock is currently owned by institutional investors and hedge funds.
RCI Hospitality Company Profile
RCI Hospitality Holdings, Inc, through its subsidiaries, engages in the hospitality and related businesses in the United States. It operates in Nightclubs, Bombshells, and Media Group segments. The company owns and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, and Kappa Men's Club.
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