Biglari (NYSE:BH – Get Free Report) announced its quarterly earnings results on Friday. The restaurant operator reported $3.91 earnings per share for the quarter, FiscalAI reports. The firm had revenue of $112.07 million during the quarter. Biglari had a negative net margin of 7.33% and a positive return on equity of 5.70%.
Biglari Trading Down 2.6%
NYSE BH opened at $322.56 on Friday. The company has a current ratio of 2.45, a quick ratio of 2.42 and a debt-to-equity ratio of 0.58. The company’s fifty day simple moving average is $373.99 and its 200-day simple moving average is $356.34. The stock has a market cap of $751.56 million, a P/E ratio of -2.95 and a beta of 0.67. Biglari has a 52 week low of $234.91 and a 52 week high of $483.60.
Institutional Trading of Biglari
A number of institutional investors have recently bought and sold shares of BH. Squarepoint Ops LLC acquired a new stake in shares of Biglari during the second quarter worth $282,000. Bank of America Corp DE boosted its holdings in shares of Biglari by 72.1% during the first quarter. Bank of America Corp DE now owns 1,287 shares of the restaurant operator’s stock worth $424,000 after purchasing an additional 539 shares during the period. Swiss National Bank bought a new stake in Biglari during the 1st quarter valued at about $475,000. Hsbc Holdings PLC bought a new position in shares of Biglari in the fourth quarter worth about $498,000. Finally, Strs Ohio raised its stake in shares of Biglari by 5.6% in the first quarter. Strs Ohio now owns 1,900 shares of the restaurant operator’s stock valued at $626,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.
About Biglari
Biglari Holdings Inc is a diversified holding company that owns and operates businesses in the restaurant, insurance, media and investment-management industries. The company is best known for its ownership of Steak ‘n Shake, a casual dining restaurant chain specializing in steakburgers, fries and milkshakes, and Western Sizzlin, a steakhouse and buffet restaurant business.
Through its insurance operations, Biglari Holdings provides commercial trucking coverage and related property and casualty insurance products.
Featured Stories
- Five stocks we like better than Biglari
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
- MarketBeat Week in Review – 11/2 – 11/6
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
Receive News & Ratings for Biglari Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Biglari and related companies with MarketBeat.com's FREE daily email newsletter.
