DA Davidson maintains its rating of Buy and price target of $19 on Einstein Noah Restaurant Group BAGL ahead of Q4 earnings.
DA Davidson says, "We expect the company to report EPS of $0.36 versus consensus metrix's $0.34. Our model forecasts revenue rising 10.9% year-over-year with the aid of an extra week to $117.6 million, which is $1 million ahead of consensus. We forecast 2.0% comps at company-owned locations and have a 9.1% operating margin imbedded in the model, a 70bp increase from last year."
BAGL closed at $14.72 a share on Friday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in