Chuy’s Holdings Stock Rating Reaffirmed by Longbow Research (CHUY)
Chuy’s Holdings (NASDAQ:CHUY)‘s stock had its “buy” rating reaffirmed by stock analysts at Longbow Research in a report issued on Wednesday, American Banking News reports. They currently have a $51.00 price target on the stock, down from their previous price target of $52.00. Longbow Research’s target price would indicate a potential upside of 56.11% from the company’s current price.
Chuy’s Holdings (NASDAQ:CHUY) traded down 7.03% during mid-day trading on Wednesday, hitting $32.67. The stock had a trading volume of 521,412 shares. Chuy’s Holdings has a 1-year low of $29.83 and a 1-year high of $44.06. The stock has a 50-day moving average of $39.27 and a 200-day moving average of $37.59. The company has a market cap of $535.3 million and a P/E ratio of 53.24.
Chuy’s Holdings (NASDAQ:CHUY) last announced its earnings results on Tuesday, May 6th. The company reported $0.16 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.17 by $0.01. The company had revenue of $56.00 million for the quarter, compared to the consensus estimate of $56.66 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. The company’s quarterly revenue was up 19.9% on a year-over-year basis. On average, analysts predict that Chuy’s Holdings will post $0.82 earnings per share for the current fiscal year.
Chuy’s Holdings, Inc (NASDAQ:CHUY) is a full-service restaurant concept offering a distinct menu of authentic, freshly-prepared Mexican and Tex Mex inspired food.
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