Ruths Hospitality traded at $21.49 this Tuesday June 13th, increasing $0.01 or 0.05 percent since the previous trading session. Looking back, over the last four weeks, Ruths Hospitality gained 0.51 percent. Over the last 12 months, its price rose by 21.07 percent. Looking ahead, we forecast Ruths Hospitality to be priced at 21.02 by the end of this quarter and at 19.66 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ruth's Hospitality Group, Inc. is a restaurant company. The Company operates its own Ruth’s Chris Steak House restaurants and sells franchise rights to Ruth’s Chris Steak House franchisees gives the franchisees the exclusive right to operate similar restaurants in a particular area designated in the franchise agreement. The Company operates through two segments: the Company-owned steakhouse segment and the franchise operations segment. The Company-owned steakhouse restaurant segment included 73 Ruth’s Chris Steak House restaurants and three Ruth’s Chris Steak House restaurants operating under contractual agreements. The franchise operations segment included 72 franchisee-owned Ruth’s Chris Steak House restaurants, including 21 international franchisee-owned restaurants in Aruba, Canada, China, Hong Kong, Indonesia, Japan, Mexico, Singapore and Taiwan. All Company-owned restaurants are located in the United States.