Chuy’s (NASDAQ:CHUY) released its quarterly earnings data on Thursday. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.04, MarketWatch Earnings reports. Chuy’s had a return on equity of 9.00% and a net margin of 1.46%. The company had revenue of $94.50 million during the quarter, compared to the consensus estimate of $93.74 million. During the same quarter in the prior year, the firm posted $0.21 earnings per share. The firm’s revenue was down 7.4% compared to the same quarter last year.
Chuy’s stock opened at $16.20 on Friday. The stock has a market capitalization of $266.63 million, a price-to-earnings ratio of 45.00 and a beta of 1.75. Chuy’s has a 52-week low of $7.28 and a 52-week high of $29.45. The stock’s 50 day moving average price is $14.09 and its two-hundred day moving average price is $21.27. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.42 and a current ratio of 0.46.
CHUY has been the subject of several recent research reports. Jefferies Financial Group upped their price objective on Chuy’s from $12.00 to $15.00 and gave the company a “hold” rating in a research note on Wednesday, April 22nd. BidaskClub raised Chuy’s from a “sell” rating to a “hold” rating in a research note on Thursday. ValuEngine downgraded Chuy’s from a “hold” rating to a “sell” rating in a research note on Thursday, April 2nd. Telsey Advisory Group reduced their target price on Chuy’s from $22.00 to $18.00 and set a “market perform” rating on the stock in a report on Wednesday. Finally, Zacks Investment Research cut Chuy’s from a “buy” rating to a “hold” rating in a report on Thursday, April 16th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $17.13.
Chuy’s Company Profile
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.
Further Reading: Net Income
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