Chuy’s (NASDAQ:CHUY) released its quarterly earnings results on Thursday. The restaurant operator reported $0.25 EPS for the quarter, topping the consensus estimate of $0.21 by $0.04, Briefing.com reports. The firm had revenue of $109.08 million for the quarter, compared to analyst estimates of $108.88 million. Chuy’s had a return on equity of 8.21% and a net margin of 1.30%. Chuy’s’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.20 EPS.
Shares of CHUY traded up $3.44 during trading on Friday, reaching $27.76. The company’s stock had a trading volume of 648,600 shares, compared to its average volume of 163,772. Chuy’s has a twelve month low of $17.03 and a twelve month high of $29.16. The company has a market cap of $417.98 million, a price-to-earnings ratio of 31.55, a P/E/G ratio of 1.51 and a beta of 0.23. The company has a quick ratio of 0.52, a current ratio of 0.57 and a debt-to-equity ratio of 1.09. The company has a fifty day moving average of $24.24 and a two-hundred day moving average of $23.31.
A number of brokerages have issued reports on CHUY. TheStreet lowered Chuy’s from a “b-” rating to a “c” rating in a research report on Thursday. BMO Capital Markets upped their target price on Chuy’s from $18.00 to $19.00 and gave the company an “underperform” rating in a research report on Friday, August 9th. Zacks Investment Research lowered Chuy’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $26.00 target price (up from $23.00) on shares of Chuy’s in a research report on Friday, August 9th. Finally, BidaskClub raised Chuy’s from a “sell” rating to a “hold” rating in a research report on Thursday, October 24th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $24.13.
Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in Texas and 19 states in the Southeastern and Midwestern United States. As of December 30, 2018, it operated 100 restaurants. The company was founded in 1982 and is headquartered in Austin, Texas.
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