Shares of Chuy's Holdings Inc (NASDAQ:CHUY) have received an average recommendation of “Hold” from the eight analysts that are currently covering the firm. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $30.60.
A number of research analysts have recently issued reports on CHUY shares. Stifel Nicolaus boosted their price target on shares of Chuy's Holdings from $27.00 to $28.00 and gave the stock a “hold” rating in a research note on Wednesday, March 1st. Jefferies Group LLC dropped their price target on shares of Chuy's Holdings from $32.00 to $28.00 and set a “hold” rating on the stock in a research note on Wednesday, March 1st. BMO Capital Markets set a $33.00 price target on shares of Chuy's Holdings and gave the stock a “hold” rating in a research note on Wednesday, March 1st. Wedbush reiterated an “outperform” rating and set a $31.00 price target on shares of Chuy's Holdings in a research note on Saturday, January 7th. Finally, Zacks Investment Research lowered shares of Chuy's Holdings from a “hold” rating to a “sell” rating in a research note on Friday, January 13th.
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Chuy's Holdings (NASDAQ:CHUY) traded up 0.088% during midday trading on Monday, reaching $28.475. 62,428 shares of the company’s stock traded hands. The company has a market capitalization of $479.63 million, a PE ratio of 27.917 and a beta of 0.03. Chuy's Holdings has a 1-year low of $25.87 and a 1-year high of $37.78. The firm’s 50 day moving average price is $28.50 and its 200-day moving average price is $29.68.
Chuy's Holdings (NASDAQ:CHUY) last issued its quarterly earnings results on Tuesday, February 28th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. Chuy's Holdings had a net margin of 4.69% and a return on equity of 12.68%. The business had revenue of $79.05 million for the quarter, compared to analyst estimates of $81.28 million. During the same period in the previous year, the business posted $0.18 earnings per share. The business’s revenue was up 11.4% compared to the same quarter last year. Equities analysts expect that Chuy's Holdings will post $1.13 EPS for the current year.
Hedge funds have recently added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan increased its stake in Chuy's Holdings by 1.9% in the third quarter. Municipal Employees Retirement System of Michigan now owns 3,670 shares of the company’s stock worth $103,000 after buying an additional 70 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Chuy's Holdings by 90.5% in the third quarter. PNC Financial Services Group Inc. now owns 8,200 shares of the company’s stock worth $228,000 after buying an additional 3,896 shares in the last quarter. Arizona State Retirement System increased its stake in Chuy's Holdings by 1.2% in the third quarter. Arizona State Retirement System now owns 8,700 shares of the company’s stock worth $243,000 after buying an additional 100 shares in the last quarter. KBC Group NV bought a new stake in Chuy's Holdings during the third quarter worth approximately $324,000. Finally, Radnor Capital Management LLC bought a new stake in Chuy's Holdings during the fourth quarter worth approximately $418,000.
Chuy's Holdings Company Profile
Chuy’s Holdings, Inc is a full-service restaurant concept company offering a menu of Mexican and Tex Mex inspired food. The Company operates through full-service, casual dining, Mexican food restaurants segment. The Company operates its restaurants under the name Chuy’s. The Company operates approximately 70 Chuy’s restaurants across 14 states.
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