Bravo Brio Restaurant Group, Inc. (BBRG) Surges to All-Time Low, Is Now Worst Performer

September 20, 2017 - By Vivian Currie

Investors sentiment decreased to 0.62 in Q4 2016. Its down 0.08, from 0.7 in 2016Q3. It turned negative, as 9 investors sold Bravo Brio Restaurant Group, Inc. shares while 28 reduced holdings. 9 funds opened positions while 14 raised stakes. 8.41 million shares or 0.50% less from 8.45 million shares in 2016Q3 were reported.
New York State Common Retirement Fund has invested 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Strs Ohio stated it has 200,000 shares. Acadian Asset Mngmt Lc accumulated 0.01% or 318,955 shares. Bnp Paribas Arbitrage Sa holds 0% or 3 shares. Connor Clark Lunn Investment Mgmt reported 102,612 shares. Raymond James, a Florida-based fund reported 92,750 shares. 56,849 were reported by Renaissance Ltd Liability Corp. Deutsche Financial Bank Ag holds 0% or 1,276 shares. Credit Suisse Ag holds 0% or 14,036 shares in its portfolio. Blackrock Advsrs Llc holds 0% or 64,596 shares in its portfolio. Creative Planning owns 100 shares. 39,165 were accumulated by Northern Trust. Vanguard Incorporated reported 397,669 shares stake. Morgan Stanley has 210,523 shares. Invesco has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG).

The stock of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) reached all time low today, Sep, 20 and still has $2.19 target or 5.00 % below today’s $2.30 share price. This indicates more downside for the $34.95M company. This technical setup was reported by Barchart.com. If the $2.19 PT is reached, the company will be worth $1.75 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

About 349,222 shares traded or 127.95% up from the average. Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) has declined 30.93% since September 20, 2016 and is downtrending. It has underperformed by 47.63% the S&P500.

Analysts await Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) to report earnings on November, 1. They expect $-0.16 earnings per share, 0.00 % or $0.00 from last year’s $-0.16 per share. After $0.13 actual earnings per share reported by Bravo Brio Restaurant Group, Inc. for the previous quarter, Wall Street now forecasts -223.08 % negative EPS growth.

Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) Ratings Coverage

Among 4 analysts covering Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Bravo Brio Restaurant Group Inc. had 8 analyst reports since November 6, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Monday, September 11. Jefferies maintained it with “Hold” rating and $7 target in Thursday, August 4 report. The company was maintained on Wednesday, February 24 by Jefferies. PiperJaffray downgraded Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) on Thursday, September 7 to “Underweight” rating. On Thursday, September 7 the stock rating was downgraded by Piper Jaffray to “Sell”. Jefferies maintained it with “Hold” rating and $500 target in Tuesday, June 13 report. The stock of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) earned “Neutral” rating by Sidoti on Thursday, December 10.

More notable recent Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) news were published by: Seekingalpha.com which released: “Bravo Brio Restaurant Group’s (BBRG) CEO Brian O’Malley on Q2 2017 Results …” on August 04, 2017, also Seekingalpha.com with their article: “Bravo Brio Restaurant Group’s (BBRG) CEO Brian O’Malley on Q4 2016 Results …” published on March 01, 2017, Bizjournals.com published: “Struggling Bravo Brio Restaurant Group ‘to examine all alternatives’ amid …” on February 03, 2017. More interesting news about Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) were released by: Seekingalpha.com and their article: “TAC Capital, LLC Sends Letter To Bravo Brio Restaurant Group, Inc.” published on January 26, 2017 as well as Seekingalpha.com‘s news article titled: “Business update from Bravo Brio Restaurant Group” with publication date: June 09, 2017.

Bravo Brio Restaurant Group, Inc. is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana and BRIO Tuscan Grille (BRIO). The company has market cap of $34.95 million. The Firm operates approximately 120 restaurants in over 30 states. It currently has negative earnings. Additionally, approximately one BRIO restaurant is operated under a franchise agreement.

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