Chuy’s Holdings, Inc. (NASDAQ:CHUY) posted its quarterly earnings results on Thursday. The restaurant operator reported $0.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.03), Bloomberg Earnings reports. The company had revenue of $92.19 million during the quarter, compared to analyst estimates of $92.90 million. Chuy’s Holdings had a net margin of 4.37% and a return on equity of 9.98%. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period last year, the company earned $0.29 EPS.
Chuy’s Holdings (NASDAQ:CHUY) opened at $22.40 on Friday. The firm has a market capitalization of $357.55 million, a PE ratio of 22.26, a PEG ratio of 1.18 and a beta of -0.01.
A number of research analysts have recently weighed in on the company. Jefferies Group LLC reissued a “hold” rating and issued a $23.00 price target (down previously from $28.00) on shares of Chuy’s Holdings in a research note on Wednesday, August 9th. Robert W. Baird dropped their price objective on Chuy’s Holdings from $24.00 to $23.00 and set a “neutral” rating on the stock in a research note on Friday. BMO Capital Markets dropped their price objective on Chuy’s Holdings from $31.00 to $24.00 and set a “market perform” rating on the stock in a research note on Friday, August 4th. Wedbush reaffirmed a “hold” rating and set a $23.00 price objective on shares of Chuy’s Holdings in a research note on Sunday, July 30th. Finally, Stifel Nicolaus initiated coverage on Chuy’s Holdings in a research note on Monday, October 2nd. They set a “hold” rating and a $23.00 price objective on the stock. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $26.00.
Chuy’s Holdings Company Profile
Chuy’s Holdings, Inc operates Chuy’s, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. As of December 25, 2016, the Company operated 80 Chuy’s restaurants across 16 states. The Company offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups and salads.
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