Several other research firms have also recently issued reports on HABT. Zacks Investment Research raised HENKEL AG & CO/S from a sell rating to a hold rating in a research note on Thursday, June 6th. Maxim Group reissued a buy rating and issued a $315.00 price target (up previously from $305.00) on shares of Domino’s Pizza in a research note on Wednesday, April 24th. Wedbush reissued a buy rating on shares of Liquidia Technologies in a research note on Thursday, May 2nd. Finally, ValuEngine raised USINAS SIDERURG/S from a sell rating to a hold rating in a research note on Wednesday, May 29th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of $16.17.
HABT traded up $0.10 during trading on Friday, reaching $10.12. 172,487 shares of the company were exchanged, compared to its average volume of 235,899. The firm has a market capitalization of $264.22 million, a PE ratio of 59.53, a P/E/G ratio of 3.75 and a beta of 1.01. The business’s 50 day moving average price is $10.14. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.61 and a current ratio of 0.64. Habit Restaurants has a 52 week low of $9.60 and a 52 week high of $18.30.
Hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Arbitrage SA lifted its position in shares of Habit Restaurants by 512.6% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,239 shares of the restaurant operator’s stock worth $46,000 after buying an additional 3,547 shares during the period. Metropolitan Life Insurance Co. NY lifted its position in shares of Habit Restaurants by 356.5% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,158 shares of the restaurant operator’s stock worth $75,000 after buying an additional 5,590 shares during the period. Macquarie Group Ltd. bought a new position in shares of Habit Restaurants during the 4th quarter worth approximately $100,000. Stephens Inc. AR bought a new position in shares of Habit Restaurants during the 1st quarter worth approximately $130,000. Finally, Stifel Financial Corp bought a new position in shares of Habit Restaurants during the 4th quarter worth approximately $132,000. 63.64% of the stock is owned by institutional investors and hedge funds.
About Habit Restaurants
The Habit Restaurants, Inc, a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts.
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