Chuy’s (NASDAQ:CHUY) posted its quarterly earnings results on Thursday. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.04, Briefing.com reports. Chuy’s had a net margin of 1.30% and a return on equity of 8.21%. The company had revenue of $109.08 million during the quarter, compared to the consensus estimate of $108.88 million. During the same period last year, the firm earned $0.20 EPS. The company’s revenue for the quarter was up 7.8% on a year-over-year basis.
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Shares of Chuy’s stock traded up $3.44 during trading on Friday, hitting $27.76. 648,600 shares of the company were exchanged, compared to its average volume of 163,772. The firm has a 50 day moving average price of $24.24 and a 200 day moving average price of $23.31. The company has a quick ratio of 0.52, a current ratio of 0.57 and a debt-to-equity ratio of 1.09. Chuy’s has a fifty-two week low of $17.03 and a fifty-two week high of $29.16. The stock has a market capitalization 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.
CHUY has been the subject of several research reports. BMO Capital Markets lifted their price objective on Chuy’s from $18.00 to $19.00 and gave the stock an “underperform” rating in a research report on Friday, August 9th. TheStreet downgraded Chuy’s from a “b-” rating to a “c” rating in a research report on Thursday. Zacks Investment Research downgraded Chuy’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th. Wedbush restated a “hold” rating and set a $24.50 price objective on shares of Chuy’s in a research report on Friday. Finally, ValuEngine downgraded Chuy’s from a “hold” rating to a “sell” rating in a research report on Friday. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target 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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