Chuy’s (NASDAQ:CHUY) released its quarterly earnings results on Thursday. The restaurant operator reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04, Briefing.com reports. The business had revenue of $109.08 million during the quarter, compared to the consensus estimate of $108.88 million. Chuy’s had a return on equity of 8.21% and a net margin of 1.30%. The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.20 EPS.
CHUY stock traded up $3.44 during mid-day trading on Friday, reaching $27.76. 648,600 shares of the company traded hands, compared to its average volume of 163,772. 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 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 firm’s 50 day moving average price is $24.24 and its 200 day moving average price is $23.31.
CHUY has been the subject of a number of analyst reports. Zacks Investment Research downgraded Chuy’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 4th. Telsey Advisory Group reiterated a “market perform” rating and set a $26.00 price target (up previously from $23.00) on shares of Chuy’s in a research note on Friday, August 9th. Wedbush reiterated a “hold” rating and set a $24.50 price target on shares of Chuy’s in a research note on Friday. BMO Capital Markets lifted their price target on Chuy’s from $18.00 to $19.00 and gave the company an “underperform” rating in a research note on Friday, August 9th. Finally, TheStreet downgraded Chuy’s from a “b-” rating to a “c” rating in a research note on Thursday. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Chuy’s currently has a consensus rating of “Hold” and an average 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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