Wall Street brokerages expect The Habit Restaurants, Inc. (NASDAQ:HABT) to post $85.18 million in sales for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for The Habit Restaurants’ earnings, with estimates ranging from $84.73 million to $85.86 million. The Habit Restaurants posted sales of $73.85 million in the same quarter last year, which would indicate a positive year over year growth rate of 15.3%. The company is expected to report its next earnings report on Thursday, March 1st.

The Habit Restaurants (NASDAQ:HABT) last issued its quarterly earnings data on Wednesday, November 1st. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.02). The Habit Restaurants had a net margin of 1.46% and a return on equity of 4.09%. The firm had revenue of $84.60 million during the quarter, compared to analyst estimates of $85.77 million. During the same period last year, the business earned $0.05 EPS. The firm’s revenue was up 17.7% compared to the same quarter last year.

A number of analysts have recently weighed in on HABT shares. Wedbush reissued a “buy” rating and set a $25.00 price target on shares of The Habit Restaurants in a research report on Sunday, July 30th. Robert W. Baird restated a “buy” rating on shares of The Habit Restaurants in a research note on Friday, September 8th. Zacks Investment Research upgraded The Habit Restaurants from a “sell” rating to a “hold” rating in a research note on Wednesday, September 20th. Cowen and Company restated a “hold” rating and set a $16.00 price objective on shares of The Habit Restaurants in a research note on Tuesday, September 12th. Finally, Raymond James Financial, Inc. restated a “market perform” rating on shares of The Habit Restaurants in a research note on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $16.36.

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The Habit Restaurants (HABT) traded up $0.05 during mid-day trading on Wednesday, hitting $9.20. 580,500 shares of the stock were exchanged, compared to its average volume of 389,929. The Habit Restaurants has a twelve month low of $8.85 and a twelve month high of $19.75. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.43 and a quick ratio of 1.39. The firm has a market capitalization of $239.42, a P/E ratio of 40.00, a P/E/G ratio of 2.24 and a beta of 1.05.

Institutional investors and hedge funds have recently modified their holdings of the company. American International Group Inc. increased its holdings in shares of The Habit Restaurants by 7.2% during the first quarter. American International Group Inc. now owns 8,300 shares of the restaurant operator’s stock valued at $147,000 after purchasing an additional 558 shares during the period. OxFORD Asset Management LLP acquired a new position in The Habit Restaurants during the second quarter worth about $168,000. Teton Advisors Inc. acquired a new position in The Habit Restaurants during the third quarter worth about $142,000. Nationwide Fund Advisors grew its holdings in The Habit Restaurants by 52.6% during the second quarter. Nationwide Fund Advisors now owns 11,456 shares of the restaurant operator’s stock worth $181,000 after acquiring an additional 3,949 shares during the period. Finally, UBS Group AG grew its holdings in The Habit Restaurants by 376.2% during the first quarter. UBS Group AG now owns 15,285 shares of the restaurant operator’s stock worth $270,000 after acquiring an additional 12,075 shares during the period. 71.55% of the stock is currently owned by institutional investors.

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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Earnings History and Estimates for The Habit Restaurants (NASDAQ:HABT)

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