Famous Dave's Crumbles: DAVE Falls 5.4% in Session


Famous Dave's of America Inc. (DAVE) saw a big move last session, as the company’s shares fell over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for DAVE, as the stock is now up over 13% in the past one-month time frame.
This Restaurants company has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

DAVE currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Restaurant Retail industry include Burger King Worldwide, Inc. (BKW), Carrols Restaurant Group, Inc. (TAST) and Denny's Corporation (DENN).  All these stocks carry a Zacks rank #2 (Buy).
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FAMOUS DAVE'S OF AMER INC (DAVE): Free Stock Analysis Report

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