The Habit Restaurants, Inc. (HABT) Given “Market Perform” Rating at Raymond James Financial, Inc.

Raymond James Financial, Inc. reaffirmed their market perform rating on shares of The Habit Restaurants, Inc. (NASDAQ:HABT) in a research note published on Thursday.

Several other equities analysts also recently commented on HABT. Piper Jaffray Companies reissued a buy rating on shares of The Habit Restaurants in a research report on Friday, July 14th. BidaskClub raised shares of The Habit Restaurants from a strong sell rating to a sell rating in a research report on Monday, July 24th. Wedbush reissued a buy rating and set a $25.00 target price on shares of The Habit Restaurants in a research report on Sunday, July 30th. Cowen and Company downgraded shares of The Habit Restaurants from an outperform rating to a market perform rating and lowered their target price for the stock from $22.00 to $16.00 in a research report on Thursday, August 3rd. Finally, Robert W. Baird reissued a buy rating on shares of The Habit Restaurants in a research report on Friday, September 8th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The Habit Restaurants presently has a consensus rating of Hold and an average target price of $16.36.

Shares of The Habit Restaurants (HABT) traded down $0.10 during trading hours on Thursday, hitting $9.20. The company had a trading volume of 708,643 shares, compared to its average volume of 607,021. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.77 and a quick ratio of 1.72. The firm has a market capitalization of $239.41, a PE ratio of 40.00, a price-to-earnings-growth ratio of 2.11 and a beta of 1.05.

The Habit Restaurants (NASDAQ:HABT) last announced its quarterly earnings data on Wednesday, November 1st. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.02). The Habit Restaurants had a return on equity of 4.11% and a net margin of 1.46%. The firm had revenue of $84.60 million for the quarter, compared to analysts’ expectations of $85.77 million. During the same quarter in the prior year, the business posted $0.05 earnings per share. The Habit Restaurants’s revenue was up 17.7% on a year-over-year basis. equities analysts anticipate that The Habit Restaurants will post 0.18 EPS for the current year.

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Several large investors have recently modified their holdings of HABT. Teton Advisors Inc. acquired a new stake in shares of The Habit Restaurants in the third quarter valued at about $142,000. American International Group Inc. grew its position in shares of The Habit Restaurants by 7.2% in the first quarter. American International Group Inc. now owns 8,300 shares of the restaurant operator’s stock valued at $147,000 after purchasing an additional 558 shares during the last quarter. OxFORD Asset Management LLP acquired a new stake in shares of The Habit Restaurants in the second quarter valued at about $168,000. Nationwide Fund Advisors grew its position in shares of The Habit Restaurants by 52.6% in the second quarter. Nationwide Fund Advisors now owns 11,456 shares of the restaurant operator’s stock valued at $181,000 after purchasing an additional 3,949 shares during the last quarter. Finally, Stevens Capital Management LP acquired a new stake in shares of The Habit Restaurants in the second quarter valued at about $256,000. 73.83% of the stock is currently owned by institutional investors.

The Habit Restaurants Company Profile

The Habit Restaurants, Inc (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers sides, shakes and malts.

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