Headlines about Luby’s (NYSE:LUB) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Luby’s earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the restaurant operator an impact score of 45.9822709787487 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Luby’s (LUB) remained flat at $2.66 during mid-day trading on Tuesday. The company’s stock had a trading volume of 19,944 shares. The firm has a 50 day moving average of $2.71 and a 200-day moving average of $2.92. Luby’s has a 1-year low of $2.45 and a 1-year high of $4.50. The company’s market capitalization is $77.46 million.
Luby’s (NYSE:LUB) last posted its quarterly earnings results on Wednesday, July 12th. The restaurant operator reported ($0.02) EPS for the quarter. The business had revenue of $88.72 million during the quarter. Luby’s had a negative return on equity of 4.97% and a negative net margin of 6.96%. On average, analysts expect that Luby’s will post ($0.07) earnings per share for the current year.
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In other Luby’s news, insider Christopher James Pappas purchased 190,000 shares of the company’s stock in a transaction on Thursday, August 17th. The stock was acquired at an average price of $2.80 per share, for a total transaction of $532,000.00. Following the completion of the purchase, the insider now directly owns 4,470,659 shares in the company, valued at approximately $12,517,845.20. The purchase was disclosed in a filing with the SEC, which is available through this link. In the last 90 days, insiders acquired 192,000 shares of company stock valued at $537,700. Insiders own 35.20% of the company’s stock.
Luby’s, Inc, is a multi-branded company operating in the restaurant industry and in the contract food services industry. The Company is managed through three segments: Company-owned restaurants, franchise operations, and Culinary Contract Services (CSS). The company-owned restaurants brands are Luby’s Cafeteria, Fuddruckers, and Cheeseburger in Paradise with a couple of non-core restaurant locations under other brand names.
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