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Chuy's Holdings (NASDAQ:CHUY) was upgraded by stock analysts at Raymond James from a “market perform” rating to an “outperform” rating in a report issued on Monday, TheFlyOnTheWall.com reports. The firm currently has a $32.50 target price on the stock. Raymond James’ price target would suggest a potential upside of 16.82% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Chuy's Holdings from a “neutral” rating to an “underperform” rating in a research note on Friday. They now have a $26.30 price target on the stock. Separately, 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, August 6th. Finally, analysts at Jefferies Group upgraded shares of Chuy's Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, August 6th. They now have a $33.00 price target on the stock, down previously from $34.00. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $33.76.

Shares of Chuy's Holdings (NASDAQ:CHUY) traded up 6.15% during mid-day trading on Monday, hitting $29.53. 229,157 shares of the company’s stock traded hands. Chuy's Holdings has a 1-year low of $25.16 and a 1-year high of $43.40. The stock’s 50-day moving average is $30.54 and its 200-day moving average is $35.47. The company has a market cap of $485.3 million and a P/E ratio of 41.52.

Chuy's Holdings (NASDAQ:CHUY) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.21 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $0.22 earnings per share. Chuy's Holdings’s revenue was up 18.5% compared to the same quarter last year. 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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