RCI Hospitality HoldingsRICK
Market Cap: $424M
About: RCI Hospitality Holdings Inc through its subsidiaries owns and operates establishments that offer live adult entertainment, restaurant, and or bar operations. It also owns and operates a communication company serving the adult nightclubs industry. The company's operating business segments are Nightclubs, Bombshells, and Others. It operates nightclubs through the following brand's Rick's Cabaret, Vivid Cabaret, Tootsie's Cabaret, Club Onyx, and Jaguars Club. In the Bombshells segment, the company is building a chain of Restaurants and Sports Bars in Dallas, Austin, and Houston, Texas. It derives majority revenue from the Nightclubs segment that engages in the sale of alcoholic beverages, food, and merchandise items; service in the form of cover charge, dance fees, and room rentals.
Employees: 3,778
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
19% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 26
12% more funds holding
Funds holding: 92 [Q1] → 103 (+11) [Q2]
2.57% more ownership
Funds ownership: 45.81% [Q1] → 48.39% (+2.57%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
21% less capital invested
Capital invested by funds: $249M [Q1] → $197M (-$52.1M) [Q2]
30% less call options, than puts
Call options by funds: $7.14M | Put options by funds: $10.2M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
HC Wainwright & Co. Scott Buck 29% 1-year accuracy 26 / 90 met price target | 117%upside $98 | Buy Reiterated | 17 Sept 2024 |
HC Wainwright & Co. Scott Buck 29% 1-year accuracy 26 / 90 met price target | 117%upside $98 | Buy Reiterated | 12 Aug 2024 |
HC Wainwright & Co. Scott Buck 29% 1-year accuracy 26 / 90 met price target | 117%upside $98 | Buy Reiterated | 12 Jul 2024 |
Financial journalist opinion
Based on 8 articles about RICK published over the past 30 days