Chuy’s (NASDAQ:CHUY) Posts Earnings Results, Beats Estimates By $0.04 EPS

Chuy’s (NASDAQ:CHUY) announced its quarterly earnings data on Thursday. The restaurant operator reported $0.25 EPS for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.04, reports. Chuy’s had a return on equity of 8.21% and a net margin of 1.30%. The business had revenue of $109.08 million during the quarter, compared to the consensus estimate of $108.88 million. During the same period in the previous year, the company posted $0.20 earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis.

CHUY traded up $3.44 on Friday, reaching $27.76. The company’s stock had a trading volume of 648,600 shares, compared to its average volume of 163,772. The stock has a 50 day moving average of $24.24 and a two-hundred day moving average of $23.31. The company 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. 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.

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A number of equities analysts have recently commented on CHUY shares. BMO Capital Markets boosted 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. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $26.00 price target (up from $23.00) on shares of Chuy’s in a report on Friday, August 9th. ValuEngine downgraded Chuy’s from a “hold” rating to a “sell” rating in a report on Friday. Zacks Investment Research downgraded Chuy’s from a “strong-buy” rating to a “hold” rating in a report on Monday, November 4th. Finally, TheStreet downgraded Chuy’s from a “b-” rating to a “c” rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Chuy’s presently has a consensus rating of “Hold” and an average target price of $24.13.

Chuy’s Company Profile

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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Earnings History for Chuy`s (NASDAQ:CHUY)

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