-$0.01 EPS Expected for Habit Restaurants Inc (HABT) This Quarter

Brokerages forecast that Habit Restaurants Inc (NASDAQ:HABT) will post earnings per share of ($0.01) for the current quarter, according to Zacks. Four analysts have issued estimates for Habit Restaurants’ earnings, with estimates ranging from ($0.03) to $0.00. Habit Restaurants reported earnings per share of $0.07 during the same quarter last year, which suggests a negative year-over-year growth rate of 114.3%. The company is scheduled to issue its next earnings results on Thursday, March 1st.

According to Zacks, analysts expect that Habit Restaurants will report full-year earnings of $0.16 per share for the current financial year, with EPS estimates ranging from $0.13 to $0.21. For the next year, analysts expect that the business will report earnings of $0.13 per share, with EPS estimates ranging from ($0.05) to $0.27. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that follow Habit Restaurants.

Habit Restaurants (NASDAQ:HABT) last issued its quarterly earnings results on Wednesday, November 1st. The restaurant operator reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.02). 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 for the quarter, compared to analysts’ expectations of $85.77 million. During the same period in the prior year, the company earned $0.05 EPS. The firm’s quarterly revenue was up 17.7% on a year-over-year basis.

A number of research analysts have recently commented on the company. TheStreet raised Habit Restaurants from a “d” rating to a “c-” rating in a research report on Monday, November 20th. Wedbush cut Habit Restaurants from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $19.00 to $14.00 in a research report on Tuesday, September 26th. Robert W. Baird reaffirmed a “buy” rating on shares of Habit Restaurants in a research report on Friday, September 8th. Stephens dropped their price target on Habit Restaurants from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 11th. Finally, Zacks Investment Research raised Habit Restaurants from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. Habit Restaurants currently has a consensus rating of “Hold” and an average target price of $16.36.

Several large investors have recently added to or reduced their stakes in HABT. Brown Advisory Inc. raised its stake in shares of Habit Restaurants by 926.7% during the 3rd quarter. Brown Advisory Inc. now owns 1,596,295 shares of the restaurant operator’s stock valued at $20,832,000 after purchasing an additional 1,440,821 shares during the period. Capital World Investors raised its stake in shares of Habit Restaurants by 512.9% during the 2nd quarter. Capital World Investors now owns 1,016,170 shares of the restaurant operator’s stock valued at $16,055,000 after purchasing an additional 850,370 shares during the period. GMT Capital Corp bought a new stake in shares of Habit Restaurants during the 3rd quarter valued at $9,023,000. Dimensional Fund Advisors LP raised its stake in shares of Habit Restaurants by 170.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 255,584 shares of the restaurant operator’s stock valued at $4,038,000 after purchasing an additional 161,107 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of Habit Restaurants by 11.9% during the 1st quarter. Vanguard Group Inc. now owns 1,416,536 shares of the restaurant operator’s stock valued at $25,072,000 after purchasing an additional 150,622 shares during the period. Institutional investors own 76.32% of the company’s stock.

Habit Restaurants (NASDAQ:HABT) opened at $9.80 on Wednesday. Habit Restaurants has a 1 year low of $8.85 and a 1 year high of $19.75. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.39 and a current ratio of 1.43. The company has a market capitalization of $252.44, a price-to-earnings ratio of 41.96, a PEG ratio of 2.56 and a beta of 0.87.

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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 Habit Restaurants (NASDAQ:HABT)

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