Chuy’s (NASDAQ:CHUY) Now Covered by StockNews.com

Analysts at StockNews.com began coverage on shares of Chuy’s (NASDAQ:CHUY – Get Rating) in a note issued to investors on Thursday. The firm set a “buy” rating on the restaurant operator’s stock.

Several other analysts also recently commented on CHUY. Stephens lifted their target price on shares of Chuy’s from $33.00 to $37.00 and gave the stock an “overweight” rating in a report on Friday, February 17th. Robert W. Baird lifted their target price on shares of Chuy’s from $28.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, February 17th. CL King initiated coverage on shares of Chuy’s in a report on Tuesday, December 20th. They set a “neutral” rating for the company. Finally, Wedbush lifted their target price on shares of Chuy’s from $37.00 to $41.00 and gave the stock an “outperform” rating in a report on Friday, February 17th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Chuy’s presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.50.

Chuy’s Trading Down 3.2 %

Shares of Chuy’s stock traded down $1.14 during trading on Thursday, hitting $34.61. 270,808 shares of the stock were exchanged, compared to its average volume of 93,716. The stock has a market capitalization of $622.91 million, a price-to-earnings ratio of 31.18 and a beta of 1.73. The company has a fifty day moving average price of $34.38 and a 200-day moving average price of $29.86. Chuy’s has a 1-year low of $18.64 and a 1-year high of $39.96.

Chuy’s (NASDAQ:CHUY – Get Rating) last released its quarterly earnings data on Thursday, February 16th. The restaurant operator reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.07. The company had revenue of $104.10 million for the quarter, compared to analyst estimates of $102.94 million. Chuy’s had a net margin of 4.94% and a return on equity of 10.35%. Chuy’s’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.40 EPS. Equities research analysts forecast that Chuy’s will post 1.63 EPS for the current fiscal year.

Institutional Trading of Chuy’s

A number of institutional investors have recently bought and sold shares of CHUY. Quadrant Capital Group LLC boosted its holdings in Chuy’s by 622.7% in the 3rd quarter. Quadrant Capital Group LLC now owns 1,243 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 1,071 shares during the period. Captrust Financial Advisors boosted its holdings in Chuy’s by 171.3% in the 1st quarter. Captrust Financial Advisors now owns 1,210 shares of the restaurant operator’s stock valued at $33,000 after purchasing an additional 764 shares during the period. Point72 Middle East FZE bought a new stake in Chuy’s in the 4th quarter valued at about $39,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Chuy’s in the 2nd quarter valued at about $45,000. Finally, UBS Group AG boosted its holdings in Chuy’s by 273.4% in the 3rd quarter. UBS Group AG now owns 2,778 shares of the restaurant operator’s stock valued at $64,000 after purchasing an additional 2,034 shares during the period. Institutional investors own 97.22% of the company’s stock.

About Chuy’s

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Chuy’s Holdings, Inc engages in the ownership and operation of full-service restaurants serving a distinct menu of authentic Mexican and Tex-Mex inspired food. Its menu includes enchiladas, fajitas, rellenos, tacos, burritos, combination platters and daily specials, complemented by a variety of appetizers, soups, and salads.