How Analysts Feel About Ruth’s Hospitality Group, Inc. After Today’s Bullish Options Activity?

 How Analysts Feel About Ruth's Hospitality Group, Inc. After Today's Bullish Options Activity?

In today’s session Ruth’s Hospitality Group, Inc. (RUTH) registered an unusually high (508) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the February, 2017 call, expecting serious RUTH increase. With 508 contracts traded and 8854 open interest for the Feb, 17 contract, it seems this is a quite bullish bet. The option with symbol: RUTH170217C00015000 closed last at: $2.55 or 4.1% up. The stock increased 1.16% or $0.2 on November 23, hitting $17.45. About 103,132 shares traded hands. Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) has declined 0.74% since April 22, 2016 and is downtrending. It has underperformed by 6.15% the S&P500.

Analysts await Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) to report earnings on February, 10. They expect $0.29 EPS, up 11.54% or $0.03 from last year’s $0.26 per share. RUTH’s profit will be $9.55M for 15.04 P/E if the $0.29 EPS becomes a reality. After $0.10 actual EPS reported by Ruth’s Hospitality Group, Inc. for the previous quarter, Wall Street now forecasts 190.00% EPS growth.

Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) Ratings Coverage

Out of 3 analysts covering Ruth’s Hospitality Group (NASDAQ:RUTH), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Ruth’s Hospitality Group has been the topic of 4 analyst reports since October 12, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Tuesday, October 18 by Raymond James. Citigroup initiated it with “Neutral” rating and $19 target price in Wednesday, November 25 report. The stock of Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) has “Mkt Perform” rating given on Monday, October 12 by Raymond James. The firm has “Hold” rating by Jefferies given on Tuesday, July 26.

According to Zacks Investment Research, “Ruth’s Chris Steak House, Inc. is one of the largest upscale steak house companies in the U.S. Ruth’s Chris specializes in USDA Prime grade steaks served in Ruth’s Chris signature fashion – sizzling and topped with seasoned butter.”

Insitutional Activity: The institutional sentiment decreased to 0.93 in Q2 2016. Its down 0.11, from 1.04 in 2016Q1. The ratio worsened, as 15 funds sold all Ruth’s Hospitality Group, Inc. shares owned while 58 reduced positions. 29 funds bought stakes while 47 increased positions. They now own 26.13 million shares or 5.38% less from 27.61 million shares in 2016Q1.
Guggenheim Limited Liability accumulated 73,785 shares or 0% of the stock. Catalyst Advisors Ltd Limited Liability Company has 24,000 shares for 0.07% of their US portfolio. Systematic Mngmt Limited Partnership last reported 400,915 shares in the company. Tiaa Cref Investment Mngmt Limited Liability Company holds 227,926 shares or 0% of its portfolio. Thrivent Fin For Lutherans owns 145,440 shares or 0.01% of their US portfolio. Blackrock Inc reported 3,056 shares or 0% of all its holdings. Legal & General Group Public Limited Co has 0% invested in the company for 6,034 shares. First Ltd Partnership last reported 0% of its portfolio in the stock. Fiera Corporation holds 433,091 shares or 0.04% of its portfolio. Stevens Cap Mngmt Limited Partnership, a Pennsylvania-based fund reported 23,997 shares. Parametric Associate Ltd has 0% invested in the company for 161,501 shares. Blackrock Advsr Limited Liability Company accumulated 0% or 17,031 shares. Group One Trading Ltd Partnership owns 2,149 shares or 0% of their US portfolio. Cadence Cap Mgmt Ltd holds 0.05% or 41,128 shares in its portfolio. Gotham Asset Mgmt Ltd Liability Co holds 41,429 shares or 0.01% of its portfolio.

Insider Transactions: Since November 10, 2016, the stock had 0 buys, and 1 insider sale for $677,830 net activity. Toomy Kevin W sold 40,971 shares worth $677,830.

Ruth’s Hospitality Group, Inc. develops and operates fine dining restaurants under the name, Ruth’s Chris Steak House. The company has a market cap of $574.56 million. The Firm operates through two divisions: the Company-owned steakhouse restaurant segment and the franchise activities segment. It has a 18.97 P/E ratio. The Company’s Ruth’s Chris restaurants cater to special occasion diners and frequent customers, in addition to the business clientele.

RUTH Company Profile

Ruth’s Hospitality Group, Inc., incorporated on May 11, 2005, develops and operates fine dining restaurants under the name, Ruth’s Chris Steak House. The Firm operates through two divisions: the Company-owned steakhouse restaurant segment and the franchise activities segment. The Company’s Ruth’s Chris restaurants cater to special occasion diners and frequent customers, in addition to the business clientele.

More important recent Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) news were published by: Seekingalpha.com which released: “Ruth’s Hospitality Is A Buy Going Into 2017” on November 21, 2016, also Finance.Yahoo.com published article titled: “Ruth’s Hospitality Group, Inc. Reports Third Quarter 2016 Financial Results”, Businesswire.com published: “Ruth’s Hospitality Group, Inc. to Announce Third Quarter 2016 Financial …” on October 11, 2016. More interesting news about Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) was released by: Nasdaq.com and their article: “Ruth’s Hospitality Group, Inc. (RUTH) Ex-Dividend Date Scheduled for November …” with publication date: November 07, 2016.

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