Chuy’s Holdings, Inc. (NASDAQ:CHUY) announced its quarterly earnings results on Thursday. The restaurant operator reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.03), Bloomberg Earnings reports. The firm had revenue of $92.19 million during the quarter, compared to analysts’ expectations of $92.90 million. Chuy’s Holdings had a net margin of 4.37% and a return on equity of 9.98%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.29 EPS.

Shares of Chuy’s Holdings (NASDAQ CHUY) traded up $0.65 during midday trading on Friday, hitting $22.40. 572,899 shares of the stock were exchanged, compared to its average volume of 213,267. The firm has a market cap of $357.55 million, a price-to-earnings ratio of 22.26, a P/E/G ratio of 1.18 and a beta of -0.01.

A number of analysts have weighed in on the company. Robert W. Baird lowered their target price on Chuy’s Holdings from $24.00 to $23.00 and set a “neutral” rating for the company in a report on Friday. Stifel Nicolaus began coverage on Chuy’s Holdings in a research report on Monday, October 2nd. They issued a “hold” rating and a $23.00 target price on the stock. Stephens cut their target price on Chuy’s Holdings from $35.00 to $32.00 and set an “overweight” rating on the stock in a research report on Thursday, July 6th. Raymond James Financial, Inc. raised Chuy’s Holdings from a “market perform” rating to an “outperform” rating and set a $29.00 price target on the stock in a research report on Monday, July 17th. Finally, BidaskClub lowered shares of Chuy’s Holdings from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $26.00.

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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.

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

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