The Ruth’s Hospitality Group (RUTH) Getting Positive Media Coverage, AlphaOne Reports

The Ruth’s Hospitality Group (RUTH) Getting Positive Media Coverage, AlphaOne Reports

Here are some of the news stories that may have effected AlphaOne’s rankings:

News coverage about Ruth's Hospitality Group (NASDAQ:RUTH) has trended positive recently, Alpha One Sentiment reports. The research firm, a subsidiary of Accern, identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ruth's Hospitality Group earned a coverage optimism score of 0.41 on Alpha One’s scale. Alpha One also gave press coverage about the restaurant operator an impact score of 66 out of 100, meaning that recent press coverage is likely to have an impact on the stock’s share price in the next few days.

A number of equities research analysts have issued reports on the stock. Citigroup Inc reissued a “neutral” rating and set a $22.00 target price (up previously from $20.00) on shares of Ruth's Hospitality Group in a report on Monday, May 15th. Jefferies Group LLC reaffirmed a “hold” rating on shares of Ruth's Hospitality Group in a report on Monday, May 15th. Zacks Investment Research raised shares of Ruth's Hospitality Group from a “sell” rating to a “hold” rating in a report on Thursday, February 23rd. Finally, Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of Ruth's Hospitality Group in a report on Thursday, April 20th. They noted that the move was a valuation call. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Ruth's Hospitality Group currently has an average rating of “Hold” and a consensus target price of $20.25. Shares of Ruth's Hospitality Group (NASDAQ RUTH) opened at 22.35 on Monday. The stock has a market capitalization of $685.97 million, a price-to-earnings ratio of 23.09 and a beta of 0.52. Ruth's Hospitality Group has a 52-week low of $13.74 and a 52-week high of $22.45. The firm’s 50-day moving average is $20.78 and its 200 day moving average is $18.80.

Ruth's Hospitality Group (NASDAQ:RUTH) last issued its earnings results on Friday, May 5th. The restaurant operator reported $0.35 EPS for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.02. The business had revenue of $105.50 million during the quarter, compared to analysts’ expectations of $105.49 million. Ruth's Hospitality Group had a net margin of 8.03% and a return on equity of 34.67%. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.33 earnings per share. Equities analysts expect that Ruth's Hospitality Group will post $1.07 EPS for the current year. The firm also recently announced a quarterly dividend, which was paid on Thursday, June 1st. Stockholders of record on Thursday, May 18th were given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date was Tuesday, May 16th. Ruth's Hospitality Group’s dividend payout ratio (DPR) is 30.11%.

In other news, COO Cheryl Janet Henry sold 21,077 shares of the stock in a transaction dated Tuesday, May 9th. The shares were sold at an average price of $21.08, for a total value of $444,303.16. Following the completion of the sale, the chief operating officer now directly owns 381,617 shares in the company, valued at $8,044,486.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael P. Odonnell sold 81,800 shares of the firm’s stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $21.05, for a total transaction of $1,721,890.00. Following the sale, the chief executive officer now owns 1,194,524 shares of the company’s stock, valued at $25,144,730.20. The disclosure for this sale can be found here. Insiders sold 108,877 shares of company stock valued at $2,293,273 over the last quarter. Company insiders own 6.74% of the company’s stock. About Ruth's Hospitality Group

Ruth’s Hospitality Group, Inc develops and operates fine dining restaurants under the name, Ruth’s Chris Steak House. The Company operates through two segments. As of December 25, 2016, the Company-owned steakhouse restaurant segment included 68 Ruth’s Chris Steak House restaurants and one Ruth’s Chris Steak House restaurant, and the franchise operations segment included 81 franchisee-owned Ruth’s Chris Steak House TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:RUTH”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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