Habit Restaurants Inc. (NASDAQ:HABT) hit a new 52-week low on Wednesday . The stock traded as low as $13.89 and last traded at $13.98, with a volume of 204,486 shares. The stock had previously closed at $14.19.

HABT has been the subject of several recent research reports. Wedbush decreased their target price on shares of Habit Restaurants from $25.00 to $21.00 and set an “outperform” rating for the company in a research note on Thursday, August 4th. Zacks Investment Research downgraded shares of Habit Restaurants from a “hold” rating to a “sell” rating in a research note on Wednesday, July 27th. Finally, Robert W. Baird reiterated an “outperform” rating on shares of Habit Restaurants in a research note on Thursday, September 8th. Two research analysts have rated the stock with a sell rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $27.00.

The stock’s 50-day moving average price is $15.04 and its 200 day moving average price is $16.84. The company has a market capitalization of $251.97 million, a P/E ratio of 51.36 and a beta of 1.06.

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Habit Restaurants (NASDAQ:HABT) last released its earnings results on Wednesday, August 3rd. The company reported $0.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.01. The company earned $71.10 million during the quarter, compared to the consensus estimate of $71.09 million. Habit Restaurants had a return on equity of 5.72% and a net margin of 1.55%. Habit Restaurants’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.09 EPS. Equities analysts anticipate that Habit Restaurants Inc. will post $0.29 EPS for the current year.

Large investors have recently added to or reduced their stakes in the company. Oxford Asset Management increased its stake in Habit Restaurants by 192.1% in the second quarter. Oxford Asset Management now owns 170,366 shares of the company’s stock valued at $2,791,000 after buying an additional 112,046 shares during the last quarter. GSA Capital Partners LLP increased its stake in Habit Restaurants by 129.6% in the second quarter. GSA Capital Partners LLP now owns 92,381 shares of the company’s stock valued at $1,513,000 after buying an additional 52,145 shares during the last quarter. Emerald Acquisition Ltd. bought a new stake in Habit Restaurants during the second quarter valued at $418,000. Quantbot Technologies LP bought a new stake in Habit Restaurants during the second quarter valued at $182,000. Finally, California State Teachers Retirement System increased its stake in Habit Restaurants by 15.9% in the second quarter. California State Teachers Retirement System now owns 28,234 shares of the company’s stock valued at $462,000 after buying an additional 3,866 shares during the last quarter. 85.77% of the stock is owned by institutional investors.

Habit Restaurants Company Profile

The Habit Restaurants, Inc (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers salads, sides, shakes and malts.

5 Day Chart for NASDAQ:HABT

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