Chuy’s Holdings, Inc. (NASDAQ:CHUY – Get Free Report) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 949,200 shares, a decrease of 6.9% from the June 30th total of 1,020,000 shares. Currently, 5.6% of the company’s shares are sold short. Based on an average trading volume of 257,700 shares, the days-to-cover ratio is presently 3.7 days.
Chuy’s Price Performance
Shares of NASDAQ:CHUY traded down $0.01 during midday trading on Wednesday, hitting $37.09. The company had a trading volume of 429,763 shares, compared to its average volume of 197,806. The company has a fifty day moving average of $27.65 and a two-hundred day moving average of $30.75. The company has a market cap of $639.06 million, a price-to-earnings ratio of 21.95 and a beta of 1.76. Chuy’s has a 12-month low of $22.52 and a 12-month high of $42.89.
Chuy’s (NASDAQ:CHUY – Get Free Report) last released its quarterly earnings data on Thursday, May 9th. The restaurant operator reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.06. The firm had revenue of $110.50 million for the quarter, compared to analysts’ expectations of $111.67 million. Chuy’s had a net margin of 6.58% and a return on equity of 13.51%. During the same quarter last year, the business posted $0.47 earnings per share. The company’s revenue for the quarter was down 1.8% compared to the same quarter last year. Research analysts expect that Chuy’s will post 1.84 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Chuy’s
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Jefferies Financial Group lowered shares of Chuy’s from a “buy” rating to a “hold” rating and dropped their price objective for the company from $38.00 to $24.00 in a research report on Thursday, July 11th. Stifel Nicolaus reduced their price target on shares of Chuy’s from $36.00 to $32.00 and set a “hold” rating on the stock in a research report on Tuesday, May 14th. Wedbush reaffirmed a “neutral” rating and set a $37.50 target price (down previously from $38.00) on shares of Chuy’s in a research note on Monday, July 22nd. Benchmark restated a “buy” rating and issued a $41.00 price target on shares of Chuy’s in a research report on Thursday, July 18th. Finally, Stephens reissued an “equal weight” rating and set a $37.50 target price (up previously from $36.00) on shares of Chuy’s in a research report on Friday, July 19th. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, Chuy’s currently has a consensus rating of “Hold” and a consensus price target of $34.71.
View Our Latest Research Report on CHUY
Chuy’s Company Profile
Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in the United States. The company was founded in 1982 and is headquartered in Austin, Texas.
Featured Articles
- Five stocks we like better than Chuy’s
- Insider Buying Explained: What Investors Need to Know
- Joby Aviation Stock: The Case for Upside Just Got Stronger
- The Role Economic Reports Play in a Successful Investment Strategy
- Conviction Firms for Microsoft’s Double-Digit Stock Upside
- What is a Bond Market Holiday? How to Invest and Trade
- 5 Aggressive Growth Stocks for Long-Term Investors
Receive News & Ratings for Chuy's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chuy's and related companies with MarketBeat.com's FREE daily email newsletter.