BDL Stock Summary and Trading Ideas (Flanigan's Enterprises | AMEX:BDL)

Flanigan'S Enterprises Inc operates as a chain of small cocktail lounges and packages liquor stores throughout South Florida. Its menu consists of a wide variety of options including prime rib, steaks, pasta, entree salads, burgers, a variety of sandwiches, and oversized signature desserts. The business activity is principally conducted in two segments namely Restaurant and Package liquor store segment. Its Restaurant segment offers alcoholic beverages and full food service and Package stores consist of retail liquor sales and related items. The company generates maximum revenue from Restaurant segment.

Flanigan's Enterprises trades on the AMEX stock market under the symbol BDL.

As of April 19, 2024, BDL stock price was flat at $24.86 with 68 million shares trading.

BDL has a market cap of $46.21 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, BDL stock traded as high as $47.85 and as low as $21.55.

The top ETF exchange traded funds that BDL belongs to (by Net Assets): VTI, BSVO, DFAT, VXF, DFAS.

BDL has underperformed the market in the last year with a price return of -9.6% while the SPY ETF gained +21.9%. BDL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.5% and -9.6%, respectively, while the SPY returned +4.9% and -2.9%, respectively.

BDL support price is $23.53 and resistance is $26.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BDL stock will trade within this expected range on the day.