Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Flanigan's Enterprises Inc. (NYSEAMERICAN: BDL) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Flanigan's Enterprises Inc. (NYSEAMERICAN: BDL) stock closed at $28.00 on 1/12/24 after a large increase of 4.8%. Moreover, this advance was accompanied by unusually high trading volume at 186% of normal. The stock has risen 7.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, BDL is expected to continue to be Value Creation neutral.
Flanigan's Enterprises has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR's two proprietary measures of a stock's attractiveness. Flanigan's Enterprises has a neutral Power Rating of 41 and a slightly negative Appreciation Score of 39, producing the Negative Value Trend Rating.