Chuy’s (NASDAQ:CHUY – Get Score) used to be downgraded by way of Zacks Funding Analysis from a “cling” ranking to a “promote” ranking in a analysis file issued to shoppers and buyers on Friday, Zacks.com experiences.
In keeping with Zacks, “Chuy’s Holdings, Inc. owns and operates full-service eating places serving a definite menu of unique Mexican meals. The Corporate provides menu which contains appetizers, soups and salads, tacos, burritos, enchiladas, fajitas and mixture platters. It operates chains during Texas, Alabama, Indiana, Kentucky, and Tennessee. Chuy’s Holdings, Inc. is headquartered in Austin, Texas. “
CHUY has been the subject of numerous different analysis experiences. Robert W. Baird raised their worth goal on Chuy’s from $28.00 to $31.00 in a analysis file on Friday, February 18th. StockNews.com initiated protection on Chuy’s in a analysis file on Thursday, March thirty first. They set a “purchase” ranking at the inventory. In spite of everything, Benchmark raised Chuy’s from a “cling” ranking to a “purchase” ranking and set a $35.00 worth goal at the inventory in a analysis file on Tuesday, January twenty fifth. One equities analysis analyst has rated the inventory with a promote ranking, one has assigned a cling ranking and 4 have issued a purchase ranking to the corporate’s inventory. In keeping with MarketBeat, the inventory these days has a mean ranking of “Purchase” and a mean goal worth of $36.17.
Stocks of Chuy’s inventory traded up $0.16 right through buying and selling on Friday, hitting $24.35. 117,869 stocks of the inventory traded fingers, in comparison to its moderate quantity of 168,700. The company has a marketplace cap of $461.14 million, a P/E ratio of 16.23 and a beta of one.81. Chuy’s has a 52-week low of $22.60 and a 52-week prime of $49.99. The inventory’s fifty day easy transferring moderate is $26.69 and its 200 day easy transferring moderate is $28.33.
Chuy’s (NASDAQ:CHUY – Get Score) remaining introduced its quarterly profits effects on Thursday, Would possibly fifth. The eating place operator reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by way of $0.04. The company had earnings of $100.50 million for the quarter, in comparison to analyst estimates of $98.35 million. Chuy’s had a go back on fairness of 14.62% and a internet margin of seven.61%. The industry’s earnings for the quarter used to be up 14.6% on a year-over-year foundation. Throughout the similar quarter remaining yr, the company posted $0.42 profits in line with proportion. On moderate, equities analysis analysts watch for that Chuy’s will submit 1.46 profits in line with proportion for the present fiscal yr.
Massive buyers have lately made adjustments to their positions within the corporate. Westwood Holdings Workforce Inc. raised its place in Chuy’s by way of 31.2% right through the fourth quarter. Westwood Holdings Workforce Inc. now owns 1,040,876 stocks of the eating place operator’s inventory valued at $31,351,000 after obtaining an extra 247,435 stocks within the remaining quarter. Rice Corridor James & Buddies LLC bought a brand new place in Chuy’s right through the primary quarter valued at roughly $5,131,000. Pembroke Control LTD raised its place in Chuy’s by way of 44.9% right through the primary quarter. Pembroke Control LTD now owns 426,020 stocks of the eating place operator’s inventory valued at $11,503,000 after obtaining an extra 131,930 stocks within the remaining quarter. Morgan Stanley raised its place in Chuy’s by way of 90.6% right through the 3rd quarter. Morgan Stanley now owns 240,857 stocks of the eating place operator’s inventory valued at $7,592,000 after obtaining an extra 114,468 stocks within the remaining quarter. In spite of everything, BlackRock Inc. raised its place in Chuy’s by way of 2.3% right through the fourth quarter. BlackRock Inc. now owns 3,164,764 stocks of the eating place operator’s inventory valued at $95,322,000 after obtaining an extra 70,562 stocks within the remaining quarter. Hedge budget and different institutional buyers personal 97.56% of the corporate’s inventory.
Chuy’s Corporate Profile (Get Score)
Chuy’s Holdings, Inc, thru its subsidiaries, owns and operates full-service eating places below the Chuy’s title in america. As of December 26, 2021, it operated 96 eating places in 17 states, together with the Southeastern and Midwestern United States. The corporate used to be based in 1982 and is headquartered in Austin, Texas.
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