Habit Restaurants Inc (HABT) Receives Average Recommendation of “Hold” from Analysts

Share on StockTwits

Habit Restaurants Inc (NASDAQ:HABT) has received a consensus rating of “Hold” from the eleven research firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $15.00.

Several research firms have recently weighed in on HABT. BidaskClub downgraded shares of Habit Restaurants from a “hold” rating to a “sell” rating in a research note on Tuesday. Zacks Investment Research raised shares of Habit Restaurants from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a research note on Thursday, November 1st. Wedbush reissued a “buy” rating and issued a $20.00 price target on shares of Habit Restaurants in a research note on Thursday, September 13th. Maxim Group raised shares of Habit Restaurants from a “hold” rating to a “buy” rating and decreased their price target for the stock from $19.00 to $15.00 in a research note on Wednesday, October 31st. Finally, Piper Jaffray Companies raised their price target on shares of Habit Restaurants to $16.00 in a research note on Friday, October 5th.

A number of hedge funds have recently modified their holdings of HABT. Renaissance Technologies LLC raised its stake in Habit Restaurants by 39.5% during the third quarter. Renaissance Technologies LLC now owns 1,244,900 shares of the restaurant operator’s stock worth $19,856,000 after purchasing an additional 352,600 shares during the period. Dimensional Fund Advisors LP raised its stake in Habit Restaurants by 38.5% during the second quarter. Dimensional Fund Advisors LP now owns 856,697 shares of the restaurant operator’s stock worth $8,567,000 after purchasing an additional 238,193 shares during the period. Jefferies Group LLC raised its stake in Habit Restaurants by 646.9% during the third quarter. Jefferies Group LLC now owns 274,938 shares of the restaurant operator’s stock worth $4,385,000 after purchasing an additional 238,129 shares during the period. SG Americas Securities LLC purchased a new position in Habit Restaurants during the third quarter worth about $2,828,000. Finally, Fuller & Thaler Asset Management Inc. purchased a new position in Habit Restaurants during the third quarter worth about $2,569,000. 63.09% of the stock is currently owned by institutional investors.

Shares of NASDAQ:HABT traded down $0.04 during midday trading on Monday, hitting $11.52. The company’s stock had a trading volume of 443,687 shares, compared to its average volume of 322,337. The company has a current ratio of 0.99, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The company has a market cap of $301.11 million, a P/E ratio of 72.00, a P/E/G ratio of 4.59 and a beta of 1.13. Habit Restaurants has a 12-month low of $8.10 and a 12-month high of $18.30.

Habit Restaurants (NASDAQ:HABT) last posted its quarterly earnings results on Friday, November 2nd. The restaurant operator reported $0.05 earnings per share for the quarter. The firm had revenue of $104.64 million for the quarter, compared to the consensus estimate of $101.43 million. Habit Restaurants had a negative net margin of 1.06% and a positive return on equity of 2.54%. The company’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same period last year, the firm posted $0.01 earnings per share. On average, analysts expect that Habit Restaurants will post 0.13 earnings per share for the current year.

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.

See Also: Momentum Indicator: Relative Strength Index

Analyst Recommendations for Habit Restaurants (NASDAQ:HABT)

Receive News & Ratings for Habit Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Habit Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.