8.25 +0.14 (1.73%)
After hours: 4:10PM EDT
|Bid||8.11 x 3200|
|Ask||8.39 x 3100|
|Day's range||8.09 - 8.84|
|52-week range||2.32 - 25.78|
|Beta (5Y monthly)||2.04|
|PE ratio (TTM)||9.56|
|Earnings date||31 Jul 2020 - 04 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||05 Mar 2020|
|1y target est||9.42|
In this episode of MarketFoolery, Chris Hill chats with Motley Fool analyst Jim Gillies about the latest headlines from Wall Street. They talk about some stock offerings and there is news on the work-from-home front.
Shares of Ruth's Hospitality Group (NASDAQ: RUTH) were heading lower today after the fine-dining company announced a secondary stock offering that would dilute shareholders. The parent of Ruth's Chris Steak House said that it would sell $43.5 million in common stock to Jefferies, which would in turn sell it to the general public. Jefferies also has the right to purchase an additional $6.525 million in shares.
Ruth’s Hospitality Group, Inc. (NASDAQ: RUTH) (the "Company"), one of the largest upscale steakhouse companies in the world, today announced that Jefferies LLC ("Jefferies") has agreed to purchase $43,500,000 of the Company’s common stock (the "Shares"), to be reoffered by Jefferies at variable prices. In addition, the Company has granted Jefferies an option, exercisable for up to 30 days, to purchase up to an aggregate of an additional $6,525,000 of Shares.
Small businesses weigh their future, as economies begin to reopen. The economic pressures are magnified for small businesses, which account for 50% of total employment in the U.S. A recent study by Deutsche Bank found that one quarter of small businesses only had enough cash on hand to operate for one to two more months, while 7% said they had no liquidity.
The chain offset losses by pivoting to a takeout and delivery program that had only recently been tested.
Ruth's Hospitality (RUTH) delivered earnings and revenue surprises of -65.38% and -3.18%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Ruth’s Hospitality Group, Inc. (the "Company") (NASDAQ: RUTH) today provided a business update on the impact of the COVID-19 pandemic, and reported unaudited financial results for its first quarter ended March 29, 2020.
Ruth's Hospitality Group, Inc. (Nasdaq: RUTH) today announced that it will host a conference call to discuss first quarter 2020 financial results on Friday, May 8th, 2020 at 8:00 AM Eastern Time. A press release with first quarter financial results will be issued at approximately 7:00 AM Eastern Time that same day.
The backlash against large public companies receiving government PPP loans continues to grow louder.
Ruth's Hospitality (RUTH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
On April 16, the $349 billion first round of the government’s Paycheck Protection Program (PPP) for small business coronavirus relief loans ran out of money after just 13 days.
Ruth's Hospitality Group Inc, owner of the Ruth's Chris Steak House chain of restaurants, on Thursday said it would quickly repay $20 million of federal rescue loans it received to help maintain payroll through the coronavirus crisis, a program aimed at small businesses. The announcement came after the U.S. Treasury said a highly valued public company would have a hard time getting a coronavirus relief loan in the next round of funding.
Big chains like Ruth’s Chris Steak House, Shake Shack, and Potbelly Sandwich Shop got an exemption to qualify for PPP loans. Shake Shack is giving theirs back.
Investors need to pay close attention to Ruth's Hospitality (RUTH) stock based on the movements in the options market lately.
Ruth’s Hospitality Group, Inc. (the "Company") (NASDAQ: RUTH) today announced steps that the Company has taken to implement conservative cash management strategies designed to increase available liquidity and maximize financial flexibility until the COVID-19 pandemic abates and market conditions stabilize.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Ruth's Hospitality (RUTH) delivered earnings and revenue surprises of 4.00% and 0.20%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Ruth's Hospitality (RUTH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dunkin' Brands' (DNKN) fourth-quarter fiscal 2019 earnings gain from operating improvements. However, weak fiscal 2020 views mar growth prospects.
If you're looking for a profitable portfolio of stocks that will offer the best of value and growth investing, try the growth at a reasonable price or GARP strategy.