Brokerages expect Chuy’s Holdings, Inc. (NASDAQ:CHUY) to report sales of $93.81 million for the current fiscal quarter, Zacks reports. Six analysts have made estimates for Chuy’s Holdings’ earnings, with estimates ranging from $91.76 million to $96.32 million. Chuy’s Holdings posted sales of $85.60 million during the same quarter last year, which indicates a positive year-over-year growth rate of 9.6%. The business is expected to issue its next earnings results after the market closes on Thursday, November 2nd.

According to Zacks, analysts expect that Chuy’s Holdings will report full year sales of $93.81 million for the current year, with estimates ranging from $368.76 million to $377.06 million. For the next financial year, analysts expect that the company will post sales of $411.90 million per share, with estimates ranging from $407.44 million to $417.37 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover Chuy’s Holdings.

A number of research firms have issued reports on CHUY. Raymond James Financial, Inc. upgraded shares of Chuy’s Holdings to a “buy” rating in a report on Sunday, July 23rd. BidaskClub lowered shares of Chuy’s Holdings from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Stephens reduced their price objective on shares of Chuy’s Holdings from $35.00 to $32.00 and set an “overweight” rating on the stock in a report on Thursday, July 6th. Wedbush restated a “hold” rating and issued a $23.00 price objective on shares of Chuy’s Holdings in a report on Sunday, July 30th. Finally, BMO Capital Markets reduced their price objective on shares of Chuy’s Holdings from $31.00 to $24.00 and set a “market perform” rating on the stock in a report on Friday, August 4th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $26.89.

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Chuy’s Holdings (NASDAQ CHUY) traded up 1.34% during trading on Monday, reaching $22.70. The company had a trading volume of 73,990 shares. Chuy’s Holdings has a one year low of $18.00 and a one year high of $35.30. The firm’s 50-day moving average price is $20.36 and its 200 day moving average price is $24.07. The firm has a market capitalization of $383.74 million, a P/E ratio of 22.91 and a beta of -0.02.

A number of institutional investors and hedge funds have recently made changes to their positions in CHUY. Comerica Bank grew its holdings in shares of Chuy’s Holdings by 3.4% during the first quarter. Comerica Bank now owns 15,848 shares of the restaurant operator’s stock worth $460,000 after buying an additional 523 shares in the last quarter. Parametric Portfolio Associates LLC grew its holdings in shares of Chuy’s Holdings by 118.2% during the first quarter. Parametric Portfolio Associates LLC now owns 25,863 shares of the restaurant operator’s stock worth $771,000 after buying an additional 14,010 shares in the last quarter. Mason Street Advisors LLC grew its holdings in shares of Chuy’s Holdings by 7.0% during the first quarter. Mason Street Advisors LLC now owns 3,934 shares of the restaurant operator’s stock worth $117,000 after buying an additional 258 shares in the last quarter. Arizona State Retirement System grew its holdings in shares of Chuy’s Holdings by 1.1% during the first quarter. Arizona State Retirement System now owns 8,800 shares of the restaurant operator’s stock worth $262,000 after buying an additional 100 shares in the last quarter. Finally, OppenheimerFunds Inc. purchased a new stake in shares of Chuy’s Holdings during the first quarter worth about $267,000. Institutional investors own 99.85% of the company’s stock.

Chuy’s Holdings Company Profile

Chuy’s Holdings, Inc operates Chuy’s, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. As of December 25, 2016, the Company operated 80 Chuy’s restaurants across 16 states. The Company offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups and salads.

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Earnings History and Estimates for Chuy`s Holdings (NASDAQ:CHUY)

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