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Chuy's Holdings (NASDAQ:CHUY) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued on Friday. They currently have a $26.30 target price on the stock. Zacks‘s price target would indicate a potential downside of 5.50% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Wedbush cut their price target on shares of Chuy's Holdings from $31.00 to $26.00 in a research note on Wednesday. Analysts at Jefferies Group upgraded shares of Chuy's Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday. They now have a $33.00 price target on the stock, down previously from $34.00. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $34.08.

Shares of Chuy's Holdings (NASDAQ:CHUY) traded up 0.47% during mid-day trading on Friday, hitting $27.82. 256,786 shares of the company’s stock traded hands. Chuy's Holdings has a 52 week low of $25.16 and a 52 week high of $43.40. The stock has a 50-day moving average of $30.54 and a 200-day moving average of $35.47. The company has a market cap of $457.2 million and a price-to-earnings ratio of 41.33.

Chuy's Holdings (NASDAQ:CHUY) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.01. The company had revenue of $63.30 million for the quarter, compared to the consensus estimate of $64.25 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. The company’s revenue for the quarter was up 18.5% on a year-over-year basis. On average, analysts predict that Chuy's Holdings will post $0.76 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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