Zacks Upgrades Chuy’s Holdings to “Neutral” (CHUY)
Chuy’s Holdings (NASDAQ:CHUY) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report released on Tuesday. The firm currently has a $36.00 price objective on the stock. Zacks‘s price target points to a potential upside of 3.81% from the stock’s previous close.
Separately, analysts at Longbow Research reiterated a “buy” rating on shares of Chuy’s Holdings in a research note on Wednesday, May 7th. They now have a $51.00 price target on the stock, down previously from $52.00. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $40.33.
Chuy’s Holdings (NASDAQ:CHUY) traded down 1.20% during mid-day trading on Tuesday, hitting $34.68. The stock had a trading volume of 104,178 shares. Chuy’s Holdings has a 52 week low of $30.11 and a 52 week high of $43.91. The stock has a 50-day moving average of $33.73 and a 200-day moving average of $36.94. The company has a market cap of $570.0 million and a price-to-earnings ratio of 53.18.
Chuy’s Holdings (NASDAQ:CHUY) last released its earnings data 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. Analysts expect that Chuy’s Holdings will post $0.81 EPS 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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