The Habit Restaurants, Inc. (HABT) Set to Announce Earnings on Tuesday
The Habit Restaurants, Inc. (NASDAQ:HABT) is scheduled to post its quarterly earnings results after the market closes on Tuesday, October 31st. Analysts expect The Habit Restaurants to post earnings of $0.06 per share for the quarter.
The Habit Restaurants (NASDAQ:HABT) last posted its earnings results on Wednesday, August 2nd. The restaurant operator reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. The company had revenue of $83.30 million during the quarter, compared to analyst estimates of $84.15 million. The Habit Restaurants had a return on equity of 4.97% and a net margin of 1.64%. The Habit Restaurants’s revenue was up 17.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.09 earnings per share. On average, analysts expect The Habit Restaurants to post $0.23 EPS for the current fiscal year and $0.26 EPS for the next fiscal year.
Shares of The Habit Restaurants, Inc. (NASDAQ:HABT) opened at 12.05 on Tuesday. The firm’s 50-day moving average price is $12.90 and its 200-day moving average price is $15.73. The stock has a market cap of $245.00 million, a price-to-earnings ratio of 46.71 and a beta of 1.08. The Habit Restaurants, Inc. has a 12-month low of $11.95 and a 12-month high of $19.75.
Several brokerages have commented on HABT. Piper Jaffray Companies reissued a “buy” rating on shares of The Habit Restaurants in a research report on Friday, July 14th. BidaskClub raised shares of The Habit Restaurants from a “strong sell” rating to a “sell” rating in a research report on Monday, July 24th. Raymond James Financial, Inc. reissued an “outperform” rating and issued a $22.00 price target on shares of The Habit Restaurants in a research report on Monday, July 24th. Zacks Investment Research cut shares of The Habit Restaurants from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Finally, Wedbush reissued a “buy” rating and issued a $25.00 price target on shares of The Habit Restaurants in a research report on Sunday, July 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. The Habit Restaurants currently has a consensus rating of “Hold” and a consensus price target of $17.93.
The 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 sides, shakes and malts.
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