Rave Restaurant Group (NASDAQ:RAVE) Research Coverage Started at StockNews.com

Posted by Patrick Bannon on Mar 30th, 2025

StockNews.com began coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Free Report) in a research note published on Friday morning. The firm issued a buy rating on the restaurant operator’s stock.

Rave Restaurant Group Stock Down 0.4 %

RAVE stock opened at $2.77 on Friday. The business has a fifty day moving average of $2.68 and a 200-day moving average of $2.65. The company has a market cap of $40.75 million, a P/E ratio of 15.39 and a beta of 0.43. Rave Restaurant Group has a twelve month low of $1.70 and a twelve month high of $3.36.

Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last issued its earnings results on Thursday, February 6th. The restaurant operator reported $0.04 earnings per share (EPS) for the quarter. Rave Restaurant Group had a net margin of 21.80% and a return on equity of 20.68%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Geode Capital Management LLC increased its holdings in Rave Restaurant Group by 36.9% in the third quarter. Geode Capital Management LLC now owns 129,864 shares of the restaurant operator’s stock valued at $264,000 after purchasing an additional 34,977 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Rave Restaurant Group by 28.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 30,449 shares of the restaurant operator’s stock worth $78,000 after buying an additional 6,682 shares during the period. Finally, Two Sigma Securities LLC bought a new stake in shares of Rave Restaurant Group in the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 15.12% of the company’s stock.

About Rave Restaurant Group

(Get Free Report)

Rave Restaurant Group, Inc, together with its subsidiaries, engages in the operation and franchising of pizza buffet, delivery/carry-out (delco), and express restaurants under the Pizza Inn and Pie Five trademarks in the United States and internationally. The company operates through three segments: Pizza Inn Franchising, Pie Five Franchising, and Company-Owned Restaurants.