Chuy’s Holdings Given Average Rating of “Hold” by Brokerages (NASDAQ:CHUY)
Chuy’s Holdings (NASDAQ:CHUY) has received a consensus rating of “Hold” from the eight brokerages that are currently covering the stock, Analyst Ratings.Net reports. Six investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $40.33.
Chuy’s Holdings (NASDAQ:CHUY) opened at 29.99 on Wednesday. Chuy’s Holdings has a 1-year low of $29.92 and a 1-year high of $43.40. The stock has a 50-day moving average of $33.70 and a 200-day moving average of $36.8. The company has a market cap of $492.9 million and a price-to-earnings ratio of 47.08.
Chuy’s Holdings (NASDAQ:CHUY) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter 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.
A number of analysts have recently weighed in on CHUY shares. Analysts at Zacks upgraded shares of Chuy’s Holdings from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 8th. They now have a $36.00 price target on the stock. 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.
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.