Chuy’s Holdings Inc (CHUY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Chuy’s Holdings Inc (NASDAQ:CHUY) have been assigned a consensus recommendation of “Hold” from the twelve brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $27.57.

A number of research analysts have commented on the company. ValuEngine raised Chuy’s from a “hold” rating to a “buy” rating in a research report on Thursday, June 21st. BidaskClub raised Chuy’s from a “hold” rating to a “buy” rating in a research report on Saturday. Raymond James reaffirmed a “buy” rating on shares of Chuy’s in a research report on Monday, August 13th. Stifel Nicolaus upped their price target on Chuy’s from $26.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, July 12th. Finally, Zacks Investment Research lowered Chuy’s from a “buy” rating to a “hold” rating in a research report on Monday, August 13th.

CHUY opened at $26.77 on Wednesday. The company has a market cap of $444.84 million, a price-to-earnings ratio of 27.89, a price-to-earnings-growth ratio of 1.37 and a beta of -0.24. Chuy’s has a one year low of $20.70 and a one year high of $34.10.

Chuy’s (NASDAQ:CHUY) last released its quarterly earnings results on Thursday, August 9th. The restaurant operator reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. The business had revenue of $106.30 million during the quarter, compared to analyst estimates of $106.05 million. Chuy’s had a return on equity of 8.32% and a net margin of 7.39%. Chuy’s’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.31 EPS. On average, equities research analysts forecast that Chuy’s will post 1.1 earnings per share for the current fiscal year.

In other Chuy’s news, Director Ira L. Zecher sold 1,500 shares of the company’s stock in a transaction that occurred on Friday, August 17th. The stock was sold at an average price of $27.53, for a total transaction of $41,295.00. Following the transaction, the director now owns 3,774 shares in the company, valued at approximately $103,898.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

Several hedge funds have recently bought and sold shares of CHUY. Swiss National Bank grew its holdings in shares of Chuy’s by 6.9% during the 1st quarter. Swiss National Bank now owns 29,500 shares of the restaurant operator’s stock worth $773,000 after acquiring an additional 1,900 shares during the period. Schwab Charles Investment Management Inc. grew its stake in shares of Chuy’s by 6.9% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 93,772 shares of the restaurant operator’s stock worth $2,457,000 after buying an additional 6,076 shares during the last quarter. Northern Trust Corp grew its stake in shares of Chuy’s by 1.3% in the 1st quarter. Northern Trust Corp now owns 232,386 shares of the restaurant operator’s stock worth $6,089,000 after buying an additional 2,950 shares during the last quarter. BlackRock Inc. grew its stake in shares of Chuy’s by 1.1% in the 1st quarter. BlackRock Inc. now owns 2,205,995 shares of the restaurant operator’s stock worth $57,797,000 after buying an additional 24,100 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Chuy’s by 3.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 976,803 shares of the restaurant operator’s stock worth $25,592,000 after buying an additional 35,230 shares during the last quarter.

Chuy’s Company Profile

Chuy's Holdings, Inc, through its subsidiaries, owns and operates restaurants under the Chuy's name in Texas and 19 states in the Southeastern and Midwestern United States. As of December 31, 2017, the company operated 91 Chuy's restaurants in 19 states. Chuy's Holdings, Inc was founded in 1982 and is headquartered in Austin, Texas.

Featured Story: Treasury Bonds

Analyst Recommendations for Chuy`s (NASDAQ:CHUY)

Receive News & Ratings for Chuy's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chuy's and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply