Goldman Small Cap Research Issues Research Update on Chanticleer Holdings, Inc.
BALTIMORE, December 1, 2015 /PRNewswire/ --
Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has issued a research update on Chanticleer Holdings, Inc. (NASDAQ - HOTR), a publicly traded company that owns and operates popular, fast casual dining brands. The update carries a rating and a price target. To view the new sponsored research update, along with disclosures and disclaimers, or to download them in their entirety, please visit http://www.GoldmanResearch.com.
Chanticleer Holdings owns and operates restaurant brands in the United States and internationally. The Company is a franchisee owner of Hooters® restaurants in international markets including Australia, South Africa, and Europe, and two Hooters restaurants in the United States. The Company also owns and operates American Burger Co., BGR the Burger Joint, BT's Burger Joint, Little Big Burger, and owns a majority interest in Just Fresh restaurants in the U.S.
In the update, analyst Rob Goldman notes that following a solid 3Q15, Chanticleer Holdings, Inc. is set to enjoy the highest ever revenue and restaurant adjusted EBITDA in Company history in 4Q15, setting the stage for a record 2016. In addition, Goldman discusses the Company's standing and valuation among the fast casual dining peer group.
"The third quarter was a watershed period for HOTR that will long be viewed as transformational for the Company and its shareholders. HOTR completed a key acquisition, a rights offering, solidified the balance sheet and strengthened its Australian operations. Now, with more chains and stores under its belt along with greater operating efficiency, 4Q15 restaurant sales could grow by more than 75% from a year ago. Plus, a peer group analysis indicates that HOTR trades at a huge discount to its peers on a price/sales basis and price/book ratio which could narrow in the coming months.
About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
This press release contains excerpts of our most recently published sponsored research report on Chanticleer Holdings, Inc. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from Chanticleer Holdings, Inc. ("the Company") authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.
Separate from the factual content of our articles about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.
A Goldman Small Cap Research report, update, newsletter, article, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit http://www.goldmanresearch.com. Goldman Small Cap Research has been compensated by a third party in the amount of $4600 for investment research services that includes the publication of a research report.
About Chanticleer Holdings.: Headquartered in Charlotte, NC, Chanticleer Holdings, Inc. (NASDAQ - HOTR) together with its subsidiaries, owns and operates restaurant brands in the United States and internationally. The Company is a franchisee owner of Hooters® restaurants in international markets including Australia, South Africa, and Europe, and two Hooters restaurants in the United States. The Company also owns and operates American Burger Co., BGR the Burger Joint, BT's Burger Joint, and owns a majority interest in Just Fresh restaurants in the U.S. More information on HOTR can be found at http://www.ChanticleerHoldings.com.
Goldman Small Cap Research
Rob Goldman, Analyst
+1-410-609-7100
[email protected]
SOURCE Goldman Small Cap Research
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