Ignite Restaurant Group Inc: (NASD: IRG)

$19.37

-0.05 (-0.26%)

Volume 2,476

May 20 11:49 AM ET

Zacks Rank: 2-Buy

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		19.34 - 19.62
	
		52wk Low - High
		10.80 - 20.16
	
		Previous Close
		19.42
	
		Avg. Volume
		89,183
	
		Industry
		RETAIL-RESTRNTS
	
		Market Cap
		497.87 M
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		-0.10
	
		PE (Forward)
		28.35
	
		Current Year Est.
		0.69
	
		Quarterly Earnings ESP 
		0.00%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		2
Buy

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
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		34 out of 265
	
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                Key Earnings Data
            
                            PE (Forward)
                            28.35
                        
                            PEG Ratio
                            1.42
                        
                            Current Year Est.
                            0.69
                        
                            Current Quarter Estimate
                            0.35
                        
                            Most Accurate Estimate
                            0.35
                        
                            Earnings ESP 
                            0.00%
                        
                            Next Earnings Report Date
                            11-05-2013
                        
                            EPS Last Year
                            0.62
                        
                            Expected Earnings Growth
                            20.00%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Ignite Restaurant Group, Inc. operates two restaurant businesses, Joe's Crab Shack and Brick House Tavern+Tap. Joe's Crab Shack serves a variety of high-quality seafood items, with an emphasis on crab. Brick House Tavern+Tap offer a distinctive blend of menu items in a polished setting. Ignite Restaurant Group, Inc. is based in Houston, Texas.   
Full IRG Company Report

        
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Turn Earnings Surprises into quick profits.
 
IRG Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	0.35	0.41	0.69	0.89
Number of Estimates	3	3	4	3
Low Estimate	0.32	0.35	0.63	0.85
High Estimate	0.37	0.46	0.71	NA
Year Ago EPS	0.29	0.37	0.57	0.69
EPS Growth	19.54%	9.91%	20.18%	30.41%

More IRG Estimates

Average Earnings Estimates for IRG

EPS Growth for IRG

Industry Analysis

Name	Symbol	Previous Close
IGNITE RESTRNT	IRG	19.42
BLOOMIN BRANDS	BLMN	21.74
CEC ENTERTANMNT	CEC	39.12
BRINKER INTL	EAT	41.40
BURGER KING WWD	BKW	18.59
CHEESECAKE FACT	CAKE	40.75
CHIPOTLE MEXICN	CMG	375.16
CHUYS HOLDINGS	CHUY	33.35
COSI INC	COSI	2.56
CRACKER BARREL	CBRL	86.59

Sector:Retail-Wholesale>> Industry:RETAIL-RESTRNTS

COMPARE TICKER vs. Its Peers

Zacks Commentary

Ignite to Buy Romano's Macaroni

Feb 07, 2013

Ignite Recruits New Finance Head

Nov 29, 2012

Report for IRG

May 14, 2013

More IRG Zacks Commentary

Financials

EPS TTM	0.62
Sales	465
Net Income	9
Price/Earnings	31.32
Price/Book	4.69
Price/Cash Flow	13.35
Price/Sales	1.04

More IRG Financials

News

Joe's Crab Shack Team Raises More Than $1 Million in April for Autism Speaks - Businesswire

May 15, 2013

Ignite Restaurant Group Reports First Quarter 2013 Financial Results - Close-Up Media

May 12, 2013

Ignite Restaurant Group Reports First Quarter 2013 Financial Results - Close-Up Media

May 10, 2013

Ignite Restaurant Group Reports First Quarter 2013 Financial Results - Businesswire

May 7, 2013

Ignite Restaurant Group Begins Franchising Brick House Tavern Tap - Pr Newswire

May 2, 2013

Ignite Restaurant Group to Report 1Q 2013 Results - Close-Up Media

Apr 26, 2013

Ignite Restaurant Group Utilizes McCann Erickson New York for Advertising - Close-Up Media

Apr 24, 2013

Ignite Restaurant Teams with McCann NY to Consolidate Brand Advertising - Close-Up Media

Apr 24, 2013

See All News Stories on IRG

Broker Recommendations

Current ABR	1.80
ABR (Last Week)	1.80
# of recs in ABR	5
Average Target Price	19.40
Industry Rank by ABR	34 out of 265
Rank in Industry	3 out of 44

More IRG Broker Recommendations

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Ignite Restaurant Group Inc: (NASD: IRG)

$19.37

-0.05 (-0.26%)

Volume 2,476

May 20 11:49 AM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks #1 Rank Strong Buys

Zacks Recommendation Long-Term: 6+ Months

All Outperform Rated Stocks

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Retail-Wholesale>> Industry:RETAIL-RESTRNTS

Zacks Commentary

Ignite to Buy Romano's Macaroni

Ignite Recruits New Finance Head

Report for IRG

Financials

News

Joe's Crab Shack Team Raises More Than $1 Million in April for Autism Speaks - Businesswire

Ignite Restaurant Group Reports First Quarter 2013 Financial Results - Close-Up Media

Ignite Restaurant Group Reports First Quarter 2013 Financial Results - Close-Up Media

Ignite Restaurant Group Reports First Quarter 2013 Financial Results - Businesswire

Ignite Restaurant Group Begins Franchising Brick House Tavern Tap - Pr Newswire

Ignite Restaurant Group to Report 1Q 2013 Results - Close-Up Media

Ignite Restaurant Group Utilizes McCann Erickson New York for Advertising - Close-Up Media

Ignite Restaurant Teams with McCann NY to Consolidate Brand Advertising - Close-Up Media

Broker Recommendations

Day Low - High	19.34 - 19.62
52wk Low - High	10.80 - 20.16
Previous Close	19.42
Avg. Volume	89,183
Industry	RETAIL-RESTRNTS
Market Cap	497.87 M
Div - Yield	0.00 - 0.00
Beta	-0.10
PE (Forward)	28.35
Current Year Est.	0.69
Quarterly Earnings ESP	0.00%

PE (Forward)	28.35
PEG Ratio	1.42
Current Year Est.	0.69
Current Quarter Estimate	0.35
Most Accurate Estimate	0.35
Earnings ESP	0.00%
Next Earnings Report Date	11-05-2013
EPS Last Year	0.62
Expected Earnings Growth	20.00%