Ruth’s Hospitality Group Inc. [RUTH] is -47.76% lower this YTD. Is it still time to buy?

Ruth’s Hospitality Group Inc. [NASDAQ: RUTH] surged by $0.77 during the normal trading session on Tuesday and reaching a high of $11.47 during the day while it closed the day at $11.37.

Ruth’s Hospitality Group Inc. stock has also loss -7.33% of its value over the past 7 days. However, RUTH stock has inclined by 27.04% in the 3 months of the year. Over the past six months meanwhile, it has gained 79.91% and lost -47.76% year-on date.

The market cap for RUTH stock reached $415.80 million, with 34.92 million shares outstanding and 30.14 million shares in the current float. Compared to the average trading volume of 1.45M shares, RUTH reached a trading volume of 1183242 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Ruth’s Hospitality Group Inc. [RUTH]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RUTH shares is $9.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RUTH stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Stephens have made an estimate for Ruth’s Hospitality Group Inc. shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on June 12, 2020. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $26 to $8. The new note on the price target was released on March 17, 2020, representing the official price target for Ruth’s Hospitality Group Inc. stock.

The Average True Range (ATR) for Ruth’s Hospitality Group Inc. is set at 0.79, with the Price to Sales ratio for RUTH stock in the period of the last 12 months amounting to 1.11. The Price to Book ratio for the last quarter was 3.17, with the Price to Cash per share for the same quarter was set at 2.63. Price to Free Cash Flow for RUTH in the course of the last twelve months was 69.30 with Quick ratio for the last quarter at 1.20.

RUTH stock trade performance evaluation

Ruth’s Hospitality Group Inc. [RUTH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.33. With this latest performance, RUTH shares gained by 33.92% in over the last four-week period, additionally plugging by 79.91% over the last 6 months – not to mention a drop of -43.40% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RUTH stock in for the last two-week period is set at 58.25, with the RSI for the last a single of trading hit 54.69, and the three-weeks RSI is set at 58.60 for Ruth’s Hospitality Group Inc. [RUTH]. The present Moving Average for the last 50 days of trading for this stock 9.08, while it was recorded at 11.55 for the last single week of trading, and 12.58 for the last 200 days.

Ruth’s Hospitality Group Inc. [RUTH]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Ruth’s Hospitality Group Inc. [RUTH] shares currently have an operating margin of +11.71 and a Gross Margin at +22.30. Ruth’s Hospitality Group Inc.’s Net Margin is presently recorded at +9.02.

Return on Total Capital for RUTH is now 20.81, given the latest momentum, and Return on Invested Capital for the company is 16.47. Return on Equity for this stock inclined to 45.81, with Return on Assets sitting at 10.16. When it comes to the capital structure of this company, Ruth’s Hospitality Group Inc. [RUTH] has a Total Debt to Total Equity ratio set at 320.36. Additionally, RUTH Total Debt to Total Capital is recorded at 76.21, with Total Debt to Total Assets ending up at 53.50. Long-Term Debt to Equity for the company is recorded at 305.16, with the Long-Term Debt to Total Capital now at 72.59.

Reflecting on the efficiency of the workforce at the company, Ruth’s Hospitality Group Inc. [RUTH] managed to generate an average of $7,353 per employee. Receivables Turnover for the company is 21.65 with a Total Asset Turnover recorded at a value of 1.13.Ruth’s Hospitality Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.30.

Earnings per share (EPS) analysis for Ruth’s Hospitality Group Inc. [RUTH] stock

With the latest financial reports released by the company, Ruth’s Hospitality Group Inc. posted 0.15/share EPS, while the average EPS was predicted by analysts to be reported at 0.1/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 50.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RUTH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ruth’s Hospitality Group Inc. go to 14.18%.

Ruth’s Hospitality Group Inc. [RUTH]: Insider Ownership positions

There are presently around $254 million, or 65.40% of RUTH stock, in the hands of institutional investors. The top three institutional holders of RUTH stocks are: BLACKROCK INC. with ownership of 4,693,545, which is approximately 4.57% of the company’s market cap and around 6.00% of the total institutional ownership; VANGUARD GROUP INC, holding 2,114,458 shares of the stock with an approximate value of $24.04 million in RUTH stocks shares; and ALLIANCEBERNSTEIN L.P., currently with $22.97 million in RUTH stock with ownership of nearly 136.296% of the company’s market capitalization.

Positions in Ruth’s Hospitality Group Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 97 institutional holders increased their position in Ruth’s Hospitality Group Inc. [NASDAQ:RUTH] by around 6,548,711 shares. Additionally, 70 investors decreased positions by around 5,405,987 shares, while 18 investors held positions by with 10,404,366 shares. The mentioned changes placed institutional holdings at 22,359,064 shares, according to the latest SEC report filing. RUTH stock had 44 new institutional investments in for a total of 1,681,124 shares, while 29 institutional investors sold positions of 3,355,690 shares during the same period.

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