RCI Hospitality Holdings, Inc. (NASDAQ:RICK – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $24.32 and traded as high as $25.35. RCI Hospitality shares last traded at $25.02, with a volume of 41,686 shares.
RCI Hospitality Stock Performance
The stock has a market cap of $195.45 million, a PE ratio of 21.13 and a beta of 0.76. The company has a fifty day moving average price of $23.52 and a 200 day moving average price of $24.32. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 0.82.
RCI Hospitality (NASDAQ:RICK – Get Free Report) last released its quarterly earnings data on Thursday, March 19th. The restaurant operator reported ($0.63) EPS for the quarter, missing the consensus estimate of $1.81 by ($2.44). The company had revenue of $70.93 million during the quarter, compared to analysts’ expectations of $69.80 million. RCI Hospitality had a return on equity of 4.05% and a net margin of 3.87%.
RCI Hospitality Increases Dividend
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the stock. Brighton Jones LLC bought a new stake in shares of RCI Hospitality in the fourth quarter worth about $211,000. AQR Capital Management LLC grew its stake in shares of RCI Hospitality by 12.8% in the first quarter. AQR Capital Management LLC now owns 25,938 shares of the restaurant operator’s stock worth $1,114,000 after purchasing an additional 2,934 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of RCI Hospitality by 4.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,979 shares of the restaurant operator’s stock worth $214,000 after purchasing an additional 234 shares during the last quarter. Invesco Ltd. grew its stake in shares of RCI Hospitality by 4.5% in the second quarter. Invesco Ltd. now owns 12,523 shares of the restaurant operator’s stock worth $477,000 after purchasing an additional 536 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in shares of RCI Hospitality by 324.7% in the second quarter. Marshall Wace LLP now owns 23,087 shares of the restaurant operator’s stock worth $880,000 after purchasing an additional 17,651 shares during the last quarter. Hedge funds and other institutional investors own 53.82% of the company’s stock.
About RCI Hospitality
RCI Hospitality Holdings, Inc operates as a diversified hospitality and entertainment company focused on the ownership and operation of adult nightclubs and themed sports bars throughout the United States and select international markets. The company’s U.S. Nightclub segment includes venues branded as Rick’s Cabaret, Club Onyx and various other upscale adult entertainment clubs, offering private dance experiences, VIP services and live performances. Its Restaurant & Bar segment operates Bombshells, a brunch-themed sports bar chain featuring chef-driven menus, craft cocktails and game-day viewing in a military-inspired setting.
In addition to its brick-and-mortar venues, RCI Hospitality deploys proprietary digital platforms for talent recruitment, training and scheduling, helping to streamline operations and drive customer engagement.
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