DAVE stock: buy or sell?
September 20th, 2019
Famous Dave's of America, Inc. develops, owns, operates, and franchises restaurants under the Famous Dave's name. It offers smoked, barbequed, and grilled meats, as well as entrée items and delicious side dishes that are prepared using prepared proprietary seasonings, sauces, and mixes.
Should I buy DAVE stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading plan that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Famous Dave's of America stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Famous Dave's of America stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we collected 2 ratings published for DAVE stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
DAVE stock analysis
Famous Dave's of America shares skyrocketed 3.71% to $4.75 on September.
Shares of Famous Dave's of America ended on September at $4.75 and skyrocketed a great 3.71%. Since September when SMA50d and SMA100d crossed up, DAVE price gained $0.41 per share (9.45%).
Famous Dave's of America skyrocketed an outstanding 7.22% this week.
Since mid July, when DAVE stock price broke down the 40-weeks moving avarage line, it slid $-0.19 per share (-3.85%). Stocks under the 40-weeks moving average line are usually not recommended for average traders.
DAVE stock price history
DAVE IPO was on November 4th, 1996 at $8.13 per share1. Since then, DAVE stock declined a -41.60%, with a yearly average of -1.80%.
1: Adjusted price after possible price splits or reverse-splits.
DAVE stock historical price chart
DAVE stock reached 52-week highs at $6.65, and all-time highs 2015-02-18 with a price of 34.72.
DAVE stock price target is $8.50Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 2 price predictions for DAVE stock posted in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last March, when Famous Dave's of America presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Famous Dave's of America annual revenues collapsed a hair-raising -15.03% to $54.89 million USD from $64.60 marked in 2017. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) boosted a 21.43% to 8.86%.
|2013||$155 M||-||$4.77 M3.1%||-|
|2014||$149 M||-3.91%||$2.90 M1.9%||-39.27%|
|2015||$114 M||-23.52%||$-4.38 M-3.8%||-251.33%|
|2016||$99 M||-13.17%||$-2.43 M-2.5%||-44.55%|
|2017||$65 M||-34.87%||$-8.12 M-12.6%||234.14%|
|2018||$55 M||-15.03%||$4.86 M8.9%||-159.85%|
Quarterly financial resultsFamous Dave's of America posted $13.43 million in sales for 2018-Q4, a -4.55% decline compared to previous quarter. Reported quarter income marked $1.07 million with a profit margin of 7.97%. Profit margin declined a -2.00% compared to previous quarter when profit margin was 9.96%. When comparing revenues to same quarter last year, Famous Dave's of America sales marked a more than good gain and escalated a 7.19%. Looking back to recent quarterly results, Famous Dave's of America posted 2 positive quarters in a row.
|2017-Q1||$22 M||-||$-1.25 M-5.7%||-|
|2017-Q2||$25 M||15.10%||$-1.26 M-5.0%||0.80%|
|2017-Q3||$22 M||-13.46%||$-1.82 M-8.3%||44.13%|
|2017-Q4||$13 M||-42.76%||$-3.80 M-30.3%||109.25%|
|2018-Q1||$13 M||2.49%||$1.00 M7.8%||-126.26%|
|2018-Q2||$15 M||13.19%||$1.39 M9.6%||39.48%|
|2018-Q3||$14 M||-3.20%||$1.40 M10.0%||0.72%|
|2018-Q4||$13 M||-4.55%||$1.07 M8.0%||-23.68%|
Famous Dave's of America ownershipWhen you are planning to invest in a stock, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Famous Dave's of America, of all outstanding shares are owned by its staff.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Friday, September 20th, 2019|
|Day range||$4.42 - $4.80|
|Average true range||$0.33|
|50d mov avg||$4.54|
|100d mov avg||$4.49|
|200d mov avg||$4.78|
Famous Dave's of America performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Famous Dave's of America performance to :