Ruth's Hospitality Group, Inc.

NasdaqGS:RUTH Lagerbericht

Marktkapitalisierung: US$670.3m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Ruth's Hospitality Group Balance Sheet Health

Finanzielle Gesundheit Kriterienprüfungen 4/6

Ruth's Hospitality Group hat ein Gesamteigenkapital von $139.6M und eine Gesamtverschuldung von $15.0M, wodurch sich der Verschuldungsgrad auf 10.7% beläuft. Die Gesamtaktiva und Gesamtpassiva betragen $501.5M bzw. $361.9M. Ruth's Hospitality Group Das EBIT des Unternehmens beträgt $53.7M, so dass der Zinsdeckungsgrad 37.4 beträgt. Das Unternehmen verfügt über Barmittel und kurzfristige Anlagen in Höhe von $16.0M.

Wichtige Informationen

10.74%

Verhältnis von Schulden zu Eigenkapital

US$15.00m

Verschuldung

Zinsdeckungsgrad37.4x
BargeldUS$16.00m
EigenkapitalUS$139.64m
GesamtverbindlichkeitenUS$361.91m
GesamtvermögenUS$501.54m

Jüngste Berichte zur Finanzlage

Analyseartikel • Jan 10

Ruth's Hospitality Group (NASDAQ:RUTH) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analyseartikel • Jul 21

Here's Why Ruth's Hospitality Group (NASDAQ:RUTH) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analyseartikel • Dec 24

Ruth's Hospitality Group (NASDAQ:RUTH) Has A Rock Solid Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analyseartikel • Jul 09

Would Ruth's Hospitality Group (NASDAQ:RUTH) Be Better Off With Less Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analyseartikel • Dec 28

We Think Ruth's Hospitality Group (NASDAQ:RUTH) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Recent updates

Analyseartikel • Mar 24

Should You Think About Buying Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) Now?

Ruth's Hospitality Group, Inc. ( NASDAQ:RUTH ), might not be a large cap stock, but it received a lot of attention from...
Analyseartikel • Jan 10

Ruth's Hospitality Group (NASDAQ:RUTH) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analyseartikel • Oct 19

Ruth's Hospitality Group (NASDAQ:RUTH) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Seeking Alpha • Oct 17

Ruth's Hospitality Group: Derisked Story With Steady Growth Potential

Summary The company is the parent of Ruth’s Chris Steakhouse. Given the business model, we anticipate steady but moderate growth. European diversification could turn into a major growth driver. We are initiating on RUTH with a Buy Rating and 1-year Price Target of $24/share. Investment Conclusion Ruth's Hospitality Group (RUTH) owns and operates Ruth's Chris Steakhouse fine-dining restaurants, which primarily serve premium quality steak and wine dinners. Customer demand over the previous 12 months has been stronger than usual, which in part can be attributed to the post-pandemic pent-up appeal for experiential dining. That is not to say that the concept's restaurants were struggling prior to the viral outbreak. They were generating reasonable growth in system sales and same-store sales with consistent margins. With respect to future growth, with a current restaurant footprint of 151 stores, there appears sufficient white space for geographic diversification, particularly in foreign geographies. In addition, considering that sales associated with RUTH's restaurants in major metropolitan areas, as well as those related to its catering and private dining businesses remain below pre-pandemic levels, a rebound in customer demand linked to the ventures represents a near-term revenue expansion opportunity. Further, given economic projections for deceleration in commodity prices over upcoming quarters, gross margins are likely to advance. Nevertheless, on a secular basis, we expect sales growth and margins to normalize around pre-COVID-19 levels, for the most part. Overall, RUTH is an established business with limited potential for major upside or downside shifts. In our opinion, investment in the firm's shares is appropriate for long-term investors seeking low volatility steady growth with dividend income and capital gains related to share repurchases. However, for rapid and substantial appreciation in stock price, we recommend that investors look elsewhere. We are initiating on RUTH with a Buy Rating, and a 1-year Price Target of $24/share, based on our 10-year Discounted Cash Flow model. Investment Thesis RUTH's first restaurant was opened in New Orleans in Louisiana in 1965. Currently, the brand is comprised of 151 restaurants, of which 74 are run by the company, 74 are operated by franchisees, and three are under contractor control. In the U.S., RUTH has ~128 locations in ~120 cities and ~37 states. In addition, the brand has a significant international presence, with ~23 foreign restaurants, all owned and operated by franchisees. In FY2021, RUTH generated: ~$402 million in sales, reflecting a growth rate of 54.2% compared to FY2020, ~$429 million in revenues, representing an advance of 54.5% on a year-over-year basis, customer-traffic growth of 40.2% over the prior year, ~$42.3 million in net income compared to negative ~$25.3 million during FY2020, $1.23 in earnings per share, relative to negative $.80 over the previous year, and ~$81.4 million in operating cash flows. At the end of June 2022, RUTH had a cash and cash equivalents balance of ~$44.9 million and long-term debt of ~$40 million on its balance sheet. The predominant element which appears to be of interest to investors is whether rapid growth is an eventual possibility for RUTH? The secondary issue surrounding the story is related to the ultimate size of RUTH's restaurant footprint, specifically how large a store base is optimal and possible? Established Business With Limited Upside Or Downside Potential We don't expect significant expansion in growth rates associated with RUTH's business over the long term. Our argument is propelled in part by our conviction that a large restaurant footprint is inappropriate for exclusive establishments such as those associated with RUTH. Considering that typically new unit development accounts for a larger fraction of a restaurant company's growth over the long-term, and given that geographic diversification options appear limited for RUTH, same-store sales, which generally play a secondary role, are likely to assume the position of the brand's key growth driver. Therefore, given that the scope of same-store sales growth is typically limited, we cannot envisage a scenario, where RUTH might experience more than moderate growth on a perpetual basis. Our thesis is reflected in the company's financial performance over the prior five years, during which growth associated with revenues and same-store sales have been moderate (although lumpy) and margins have been consistent. In that context, it is noteworthy that from FY2017 through FY2021, revenues expanded by 7.4%, 9.16%, 3.12%, negative 40.7%, and 54.3%. In contrast, margins have been largely consistent coming in at 7.27%, 9.21%, 9.02%, negative 9.11%, and 9.85%, over the same time horizon. With respect to same-store sales, long-term growth will be fueled by RUTH's objective of improving customer experience. Specifically, the firm plans to continue to deploy technology, including table management software to support employee efforts to improve customer service. In addition, each table at RUTH's establishments is already equipped for ordering and making payments utilizing technology-enabled devices. Further, restaurant remodels, menu innovation, and the loyalty program are additional elements that are likely to further advance customer appeal for the concept. With respect to actual sales growth, there appear several short-term opportunities, in form of a resurgence in customer demand associated with the firm's restaurants in New York and Boston, and that linked to RUTH's private dining and catering businesses, which remain at below pre-pandemic levels, although figures appear to be on an upswing. In addition, given historical trends, we don't anticipate significant margin expansion, over the long term, besides that related to an expected deceleration in commodity prices, over the near term. Given our thesis for moderate top-line growth, and stable margins, earnings and free cash flows are likely to expand over the long term, but at moderate rates of growth. Overall, RUTH is an established business with solid unit economics that is unlikely to undergo major shifts in growth, on a secular basis. Geographic Diversification Likely To Unfold Below Industry Average RUTH is not a Quick Service Restaurant group, which would typically evolve into thousands of stores. The concept is a labor of love, where ambience, food quality, and customer service are the best-of-the-best. The steak at RUTH's restaurants is USDA Prime and Choice Grade, served on a 500 degrees warm plate, sizzling and topped with butter. The atmosphere is posh, with dark wood paneling and sparkling tableware. The customer service is high-touch with teams of servers assigned to each table. Not surprisingly, although RUTH's is a chain of steakhouses, the customer experience its restaurants provide is more consistent with that offered at higher-end chef-driven independent single-location establishments. Accordingly, a key element of the brand's business model is to maintain the high standards associated with its business, which could become difficult if the number of restaurants was to expand substantially every year. Within the U.S., there are several other well-established fine-dining steakhouses, similar to RUTH's restaurants. Although there are variations between their menu items, all of the concepts serve USDA Prime and Choice Grade steaks, featuring similar cuts of meat. Specifically, there is Capital Grille with ~62 locations, The Palm with ~22, Smith and Wollensky with ~9, Fleming's with ~64, and Morton's with ~72 restaurants. In addition to these brands, there are numerous independent Michelin Starred steakhouses that enjoy significant customer demand. Moreover, considering that domestically, almost all higher-end steakhouses (including RUTH's), have made major metropolitan cities the focus of their business, the concept's ability to expand in these markets is likely limited. However, as RUTH remains underrepresented in second-tier cities, further penetration into those regions represents a considerable growth opportunity within the country. In regard to foreign expansion, we view Europe which lacks higher-end American restaurants as low-hanging fruit for RUTH. Considering the high quality associated with USDA steaks, as well as the distinct ambience and excellent customer service that the concept's restaurants provide, we believe the geography could evolve into a major growth driver for RUTH, if it were to direct its attention towards the opportunity. In that context, it is notable that the company currently operates through franchisees, successful restaurants in key international countries, including, Aruba, Canada, Hong Kong, Indonesia, Japan, Mexico, The Philippines, Singapore, and Taiwan. Further, with respect to new unit development, it is noteworthy that with franchising being a primary component of RUTH's business model, almost half of the growth associated with geographic diversification, requires limited capital expenditure, as franchisees typically finance spending associated with the launch of new restaurants. In addition, franchisees pay RUTH a significant one-time licensing fee, royalties on net sales, and advertising costs.
Seeking Alpha • Sep 05

Ruth's Hospitality Group: Another Solid Report In Q2

Summary Ruth's Hospitality Group released its Q2 results last month, reporting a record second-quarter revenue figure of $128.7 million, driven by continued growth in system-wide sales. Meanwhile, margins performed quite well relative to the industry average, with Ruth's benefiting from beef deflation year-over-year, offsetting inflation in other areas of its market basket. Given the double-digit growth in revenue & earnings per share, the company maintained its higher dividend rate ($0.14 vs. $0.12) and repurchased over 1.0% of its float in the quarter. While these results are solid and Ruth's has clearly bucked the industry-wide trend, I don't see enough of a margin of safety just yet to justify entering new positions. Just over eight months ago, I wrote on Ruth's Hospitality Group (RUTH), noting that while the company had a better year ahead for earnings, it wasn't the time to buy the stock after a 30% rally from its lows to $21.20 per share. This is because the industry group was likely to remain under pressure due to being up against difficult year-over-year comps in H1 2022. Since then, gas prices have spiked, mortgage rates have doubled, and grocery costs have remained elevated, putting further pressure on consumers and leading to a sharp decline in personal savings rates. Not surprisingly, Ruth's Hospitality ("Ruth's") has suffered, sliding 15% from January levels even if it has managed to outperform the industry group's (-) 21% year-to-date return. This outperformance can be attributed to RUTH being one of the few full-service restaurant names on track to report annual EPS in FY2022 and its ability to hold the line on margins better than its peer group. However, it appears fine dining is not completely immune from the industry-wide dip in traffic, suggesting the potential for a softer H2 than expected. Given this negative development, I don't see enough margin of safety just yet. Ruth's Chris Menu Offerings (Company Presentation) Q2 Results & Industry-Wide Trends Ruth's released its Q2 results last month, reporting quarterly revenue of $128.7 million, a record figure for its second-quarter performance. This 16% sales growth was driven by double-digit growth in restaurant sales ($120.8 million vs. $104.2 million) driven by solid same-store sales and unit growth. In Q2, Ruth's reported same-store sales growth of 12.6% (18.6% vs. 2019), helped by high single-digit pricing and the addition of three new restaurants (151 total, 74 company-owned). However, while revenue beat estimates by $4.2 million, sales softened towards the end of the quarter, consistent with what we saw industry-wide for most brands. Ruth's Hospitality - Quarterly Revenue (Company Filings, Author's Chart) As noted in the company's monthly sales figures, the quarter started up 24.4% year-over-year despite difficult year-over-year comps and ended at 10.3% same-store sales in June. However, in the July 2022 Black Box Intelligence figures for industry trends, traffic was down 5.1%, declining further from May and June levels, where the industry saw traffic growth of (-) 2.9% and (-) 4.8%, respectively. The surprise was that the segment of the industry that should be the least sensitive to inflationary pressures was hit the hardest: fine dining, which indexes towards more affluent consumers. In fact, fine dining and steak were the worst-performing segment/food in July. Black Box Intelligence - July Restaurant Stats (Black Box Intelligence) This surprise end to a streak of outperformance from the fine dining segment is not ideal for Ruth's, which has an average check near $100.00 (FY2021: ~$90.00) and is considered fine dining. The takeaway is that some affluent guests might be less anxious to go out, feeling less affluent due to the reverse wealth effect (declining home prices & declines in equity portfolios). It's also possible that some higher-income consumers might enjoy going out post-COVID-19 and getting back to normal but have noticed their checks are up 25% plus. Finally, there may be some drag from work-from-home combined with inflation, with it being easier to conduct business meetings over Zoom (ZM) than in person over steak, both from a cost and scheduling standpoint. This would be a negative headwind long-term for Ruth's Chris, even if it may have only made up a portion of weekly sales in cities like Chicago, Washington, and New York. This view is corroborated by a survey suggesting that 47% of diners who work from home go out less frequently than they did pre-COVID-19, and lunch reservations with average checks above $50.00 declined sharply vs. 2019. Lunch reservations in the first four months of this year at restaurants with an average check of more than $50 were sharply lower than during the same period in 2019, according to data from the online reservation service OpenTable. They fell in Washington (by 38 percent), New York City (38 percent), San Diego (42 percent), Philadelphia (54 percent) and Chicago (58 percent). The Business Lunch May Be Going Out of Business - New York Times The good news is that even if same-store sales growth does dip and come in weaker than expected in Q3/Q4 and this trend persists, the company will be opening three new restaurants this quarter, boosting sales in the back half of the year. Just recently, the company opened two restaurants in Worchester [MA] and Long Beach [CA], and it plans to open another in Melville [NY]. This will translate to higher system-wide sales, assuming traffic doesn't fall off a cliff. Based on preliminary 2023 guidance, Ruth's expects to continue its store openings at a low to mid-single-digit pace in 2023, planning to open five to six restaurants next year. Margins & Earnings Trend The trend we saw in Q2 was that while many restaurant companies managed to come in near or just shy of sales estimates, margin performance left much to be desired. However, Ruth's not only beat sales estimates (albeit with help from 7%+ menu pricing), but it also posted solid margins. This was because the company saw beef deflation, a massive headwind for Ruth's in 2021, helping to offset inflation in the rest of its commodity basket. Judging by commentary from some brands and stats from the National Restaurant Association, inflation appears to be cooling off. Still, some items continue to see extremely high year-over-year increases, including eggs (+225%), butter (+69%), flour (+22%), and cheese (+19%). Wholesale Food Prices (National Restaurant Association, BLS) Ruth's noted in its Q2 results that while it saw 23% inflation in the rest of its basket, it reported improved food & beverage costs year-over-year, enjoying a 60 basis point decline to 29.8%. This is a clear improvement from last year's levels, as shown by the below trend. However, this was offset by an 80 basis point increase in labor costs, with wage growth likely to persist even if food costs moderate (assuming energy prices cool off and supply chains normalize). Still, the lack of margin compression was solid compared to other brands like Denny's (DENN), helping RUTH to report a 22% increase in quarterly earnings per share [EPS] and a 41% improvement from 2019 levels. Ruth's Hospitality - F&B Costs As Percentage of Sales (Company Filings, Author's Chart) Given the solid earnings performance in Q2, Ruth's has already reported $0.75 in EPS year-to-date and is on track to grow annual EPS by 26% year-over-year to $1.48. This is not only a solid earnings growth rate for a company in an industry facing near-unprecedented challenges, but it would also mark a new all-time high for annual EPS, a very bullish development. Notably, FY2023 annual EPS is projected to hit a new high as well based on current estimates, sitting at $1.67, and translating to another year of double-digit annual EPS growth. RUTH Earnings Trend (YCharts.com, Author's Chart, FactSet) The positive earnings trend makes RUTH one of the more attractive buy-the-dip candidates industry-wide. That said, there's no investing without valuation, and the key is ensuring a margin of safety, especially in a volatile market environment. Let's look at the valuation below to see whether the stock is nearing a low-risk buy zone:
Seeking Alpha • Aug 25

Ruth's Hospitality Group: Worth A Taste

Summary Ruth's Hospitality Group has done well to grow its business over time, with revenue and cash flows rising. Shares look cheap compared to similar players and are even affordable on an absolute basis. All things considered, the company seems to have some upside potential moving forward. On the stock market, restaurants are a dime a dozen. But some of the most interesting opportunities can actually be found in this space, particularly with some of the smaller firms that are not as well known. One intriguing prospect that seems to offer some upside potential is Ruth's Hospitality Group (RUTH), a developer and operator of fine dining restaurants under the Ruth's Chris Steak House brand name. Although the company was negatively impacted by the COVID-19 pandemic, it has started showing signs of recovery. Revenue continues to climb this year, though profitability is taking a slight step back. Having said that, shares are attractively priced at the moment, both on an absolute basis and relative to other firms. So for these reasons, I would rate the enterprise a soft 'buy' right now. Taste-testing Ruth's Hospitality Group As I mentioned already, Ruth's Hospitality Group focuses on developing and operating fine dining restaurants. Management says that it is one of the largest upscale steakhouse companies on the planet, with its selection including premium offerings like USDA Prime and Choice grade steaks, New Orleans-style barbecued shrimp, mushrooms stuffed with crabmeat, spicy shrimp, chilled seafood tower and sizzling crab cakes, and a variety of salads. The company also sells bottles of wine ranging from as cheap as $46 to over $1,000 apiece. Other alcoholic beverages like beers and cocktails are also on the menu. When I say that the company is focused on the premium market, I mean it. Its dinner entrees are usually priced between $35 and $99, with dinner being their main area of focus. Lunch options tend to be a bit cheaper, ranging between $14 and $29. Put that lower price does not change the fact that the average guest check in 2021 came out to $89, with food sales representing 81% of that check size. Author - SEC EDGAR Data Prior to the COVID-19 pandemic, Ruth's Hospitality Group had done well to steadily grow its top and bottom lines. Revenue, for instance, rose from $414.8 million in 2017 to $468 million in 2019. This growth was driven by a combination of increased location count and rising comparable store sales. The number of locations grew from 155 to 159 during this timeframe, with substantially all of that increase coming from the firm's company-owned locations. Aggregate comparable store sales, meanwhile, grew by 3.3% over that window of time. But then, in 2020, sales plummeted to just $277.7 million. This came as the number of locations the company had plummeted by 10 and as comparable store sales dropped by 40.2%. Fortunately, the company experienced a solid partial rebound in 2021, with revenue bouncing back up to $429.1 million. This increase came as the firm added one additional store to its portfolio. But the big driver was a 58.6% rise in comparable store sales. Author - SEC EDGAR Data Profitability for the company has followed a similar trajectory. Net income rose from $30.2 million in 2017 to $42.2 million in 2019. The firm generated a loss of $25.3 million in 2020 before posting an all-time high profit of $42.3 million last year. Operating cash flow rose between 2017 and 2019, climbing modestly from $68.7 million to $72.9 million. In 2020, cash flow plummeted to $20.1 million before recovering nicely to $81.4 million last year. A similar trajectory can be seen when looking at EBITDA. It ultimately rose from $65.6 million to $74.4 million in the three years ending in 2019. In 2020, it was positive to the tune of just $9.8 million, while in 2021 it totaled $73.1 million. Author - SEC EDGAR Data Top line growth for the company has continued into the 2022 fiscal year. For the first half of the year, sales came in strong at $254.8 million. That represents a nice increase over the $198.2 million generated just one year earlier. The company managed to add one additional location to its portfolio, taking the number of restaurants up to 151. 74 of these are ultimately company-owned, while 74 are franchised. The final three, meanwhile, are owned by the business by managed by third parties under contracts. The big driver of this year-over-year increase in sales, then, would have been comparable store sales improving. Even though revenue for the company increased nicely so far this year, profitability has struggled slightly. Net income came in the first half of the year at $20.7 million. That's down modesty from the $21.5 million experienced one year earlier. Operating cash flow plunged from $42 million to $25 million. Though if we adjust for changes in working capital, the decline would have been smaller from $36.4 million to $34 million. And finally, we arrive at EBITDA. This was the only metric on the bottom line to improve year over year, rising from $38.8 million to $41.4 million. Given supply chain issues, and rising costs, both items that management has expressed concern over, it's not a surprise to see profitability struggle. In fact, the fact that profitability has held up as well as it has is indicative of the benefits of operating in the premium market.
Analyseartikel • Aug 15

Is Now An Opportune Moment To Examine Ruth's Hospitality Group, Inc. (NASDAQ:RUTH)?

Ruth's Hospitality Group, Inc. ( NASDAQ:RUTH ), is not the largest company out there, but it led the NASDAQGS gainers...
Seeking Alpha • Aug 05

Ruth's Hospitality GAAP EPS of $0.31 in-line, revenue of $120.8M misses by $3.67M

Ruth's Hospitality press release (NASDAQ:RUTH): Q2 GAAP EPS of $0.31 in-line. Revenue of $120.8M (+8.9% Y/Y) misses by $3.67M.
Analyseartikel • Jul 21

Here's Why Ruth's Hospitality Group (NASDAQ:RUTH) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analyseartikel • Jun 17

Returns On Capital At Ruth's Hospitality Group (NASDAQ:RUTH) Paint A Concerning Picture

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Seeking Alpha • May 31

Ruth's Hospitality Group: Decent Growth At An Attractive Valuation

Ruth’s Hospitality Group posted strong performance in the latest quarter. The stock is trading at a discount compared to industry, as well as its own historical levels. The company has robust growth plans and targets opening 5 to 7 restaurants every year.
Analyseartikel • Mar 08

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) Shares Could Be 23% Above Their Intrinsic Value Estimate

Does the March share price for Ruth's Hospitality Group, Inc. ( NASDAQ:RUTH ) reflect what it's really worth? Today, we...
Analyseartikel • Jan 21

There Are Reasons To Feel Uneasy About Ruth's Hospitality Group's (NASDAQ:RUTH) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Seeking Alpha • Jan 04

Ruth's Hospitality Group: A Better Year Ahead With Hawaii Back In Business

Ruth's Hospitality Group had another difficult year in 2021 due to COVID-19 headwinds, but finished the year up 12%, only slightly behind the restaurant industry group. This underperformance can be attributed to weakness at 6 restaurants that dragged on comps, with Boston, Hawaii, and Manhattan affected by reduced tourism and a slow return to the office. Fortunately, outside of these key markets, sales performance has been solid, and the company should be able to see a full earnings recovery in FY2023. Having said that, with the stock recently rallying nearly 30% off its lows, I believe the best course of action is to be patient for a dip before entering new positions.
Analyseartikel • Dec 24

Ruth's Hospitality Group (NASDAQ:RUTH) Has A Rock Solid Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha • Nov 02

Ruth's Hospitality Group: Labor Gains Partially Offset By Inflationary Pressures

Ruth's Hospitality Group is one of the worst-performing restaurant stocks this year, up just 7% vs. a 17% return for its benchmark. The underperformance could be partially attributed to the slower recovery than hoped for in three of its markets combined with significant inflation in beef and seafood. However, the majority of company-owned restaurants are enjoying positive comps vs. 2019 levels, and Ruth's valuation is improving, with the stock trading at ~14x FY2022 earnings estimates. Given Ruth's ability to mostly offset inflationary pressures combined with an improving valuation, I would view any pullbacks below $17.80 as low-risk buying opportunities.
Analyseartikel • Sep 28

Ruth's Hospitality Group (NASDAQ:RUTH) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analyseartikel • Aug 30

Calculating The Intrinsic Value Of Ruth's Hospitality Group, Inc. (NASDAQ:RUTH)

Does the August share price for Ruth's Hospitality Group, Inc. ( NASDAQ:RUTH ) reflect what it's really worth? Today...
Analyseartikel • Aug 13

Ruth's Hospitality Group (NASDAQ:RUTH) Is Posting Promising Earnings But The Good News Doesn’t Stop There

The market seemed underwhelmed by last week's earnings announcement from Ruth's Hospitality Group, Inc. ( NASDAQ:RUTH...
Seeking Alpha • Aug 11

Ruth's Hospitality Group: Meaningful Margin Expansion In Q2

Ruth's Hospitality Group released its Q2 results last week, reporting revenue of $110.9 million, translating to a ~1% increase vs. Q2 2019, and a small beat vs. estimates. While the company continues to see bifurcated comp-restaurant sales across geographies, sales are ramping up progressively, with comp sales up 5% in Q2. The one issue is food & beverage costs which have been impacted, but fortunately, labor efficiencies have more than offset the commodity cost inflation. At nearly 20x FY2021 earnings, I don't see a meaningful margin of safety, but if Ruth's were to dip below $18.00, this would present a low-risk buying opportunity.
Analyseartikel • Jul 09

Would Ruth's Hospitality Group (NASDAQ:RUTH) Be Better Off With Less Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analyseartikel • Feb 16

Estimating The Intrinsic Value Of Ruth's Hospitality Group, Inc. (NASDAQ:RUTH)

Today we will run through one way of estimating the intrinsic value of Ruth's Hospitality Group, Inc. ( NASDAQ:RUTH...
Analyseartikel • Jan 26

Would Shareholders Who Purchased Ruth's Hospitality Group's (NASDAQ:RUTH) Stock Three Years Be Happy With The Share price Today?

It is a pleasure to report that the Ruth's Hospitality Group, Inc. ( NASDAQ:RUTH ) is up 67% in the last quarter. But...
Analyseartikel • Dec 28

We Think Ruth's Hospitality Group (NASDAQ:RUTH) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analyseartikel • Dec 01

Is Ruth's Hospitality Group (NASDAQ:RUTH) Likely To Turn Things Around?

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep...

Analyse der Finanzlage

Kurzfristige Verbindlichkeiten: RUTHDie kurzfristigen Aktiva des Unternehmens ($56.2M) decken seine kurzfristigen Passiva ($122.3M) nicht.

Langfristige Verbindlichkeiten: RUTHDie kurzfristigen Vermögenswerte des Unternehmens ($56.2M) decken seine langfristigen Verbindlichkeiten ($239.6M) nicht.

Geschichte und Analyse des Verhältnisses von Schulden zu Eigenkapital

Verschuldungsgrad: RUTH über mehr Barmittel verfügt als seine Gesamtverschuldung.

Schulden abbauen: RUTH Das Verhältnis von Schulden zu Eigenkapital ist in den letzten 5 Jahren von 49.9% auf 10.7% zurückgegangen.

Schuldendeckung: RUTHDie Schulden des Unternehmens sind gut durch den operativen Cashflow gedeckt (534.3%).

Zinsdeckung: RUTHDie Zinszahlungen für die Schulden des Unternehmens sind durch das EBIT (37.4x Coverage) gut gedeckt.

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Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2023/06/16 23:50
Aktienkurs zum Tagesende2023/06/13 00:00
Gewinne2023/03/26
Jährliche Einnahmen2022/12/25

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Einzelheiten zu dem Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite. Außerdem bieten wir Leitfäden zur Verwendung unserer Berichte und Tutorials auf YouTube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

Ruth's Hospitality Group, Inc. wird von 9 Analysten beobachtet. 1 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
Todd BrooksCL King & Associates, Inc.
Bart GlennD.A. Davidson & Co.
Brett LevyDeutsche Bank