Wall Street brokerages predict that Chuy’s Holdings Inc (NASDAQ:CHUY) will post earnings per share of $0.12 for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Chuy’s’ earnings, with the lowest EPS estimate coming in at $0.12 and the highest estimate coming in at $0.13. Chuy’s reported earnings of $0.19 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 36.8%. The business is expected to announce its next quarterly earnings report on Thursday, March 14th.

According to Zacks, analysts expect that Chuy’s will report full year earnings of $0.89 per share for the current fiscal year, with EPS estimates ranging from $0.88 to $0.90. For the next financial year, analysts expect that the business will report earnings of $0.95 per share, with EPS estimates ranging from $0.90 to $1.08. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Chuy’s.

Chuy’s (NASDAQ:CHUY) last issued its quarterly earnings results on Tuesday, November 6th. The restaurant operator reported $0.20 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.09). Chuy’s had a return on equity of 8.48% and a net margin of 4.53%. The company had revenue of $101.20 million for the quarter, compared to the consensus estimate of $104.57 million. During the same period in the previous year, the business posted $0.19 EPS. The business’s revenue for the quarter was up 9.8% on a year-over-year basis.

Several brokerages have recently commented on CHUY. Wedbush reduced their price target on shares of Chuy’s from $29.00 to $28.00 and set a “neutral” rating on the stock in a research report on Friday, August 10th. Stephens cut shares of Chuy’s from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $34.00 to $32.00 in a research report on Wednesday, September 12th. Zacks Investment Research cut shares of Chuy’s from a “hold” rating to a “sell” rating in a research report on Tuesday, September 11th. BMO Capital Markets cut shares of Chuy’s from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $28.00 to $23.00 in a report on Monday, September 24th. Finally, Raymond James reissued a “buy” rating on shares of Chuy’s in a report on Monday, August 13th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $28.57.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Municipal Employees Retirement System of Michigan lifted its holdings in Chuy’s by 23.2% in the second quarter. Municipal Employees Retirement System of Michigan now owns 7,810 shares of the restaurant operator’s stock worth $239,000 after acquiring an additional 1,470 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Chuy’s by 9.6% in the third quarter. Wells Fargo & Company MN now owns 27,518 shares of the restaurant operator’s stock worth $722,000 after acquiring an additional 2,407 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Chuy’s by 23.2% in the third quarter. Victory Capital Management Inc. now owns 13,192 shares of the restaurant operator’s stock worth $346,000 after acquiring an additional 2,482 shares during the last quarter. Northern Trust Corp lifted its holdings in Chuy’s by 1.1% in the second quarter. Northern Trust Corp now owns 234,891 shares of the restaurant operator’s stock worth $7,212,000 after acquiring an additional 2,505 shares during the last quarter. Finally, Thomson Horstmann & Bryant Inc. lifted its holdings in Chuy’s by 1.1% in the third quarter. Thomson Horstmann & Bryant Inc. now owns 257,220 shares of the restaurant operator’s stock worth $6,752,000 after acquiring an additional 2,842 shares during the last quarter.

Shares of CHUY stock traded up $0.30 during trading hours on Friday, hitting $21.72. 27,519 shares of the company were exchanged, compared to its average volume of 190,096. Chuy’s has a one year low of $19.70 and a one year high of $34.10. The stock has a market capitalization of $355.11 million, a price-to-earnings ratio of 22.63, a PEG ratio of 1.35 and a beta of -0.14.

Chuy’s Company Profile

Chuy's Holdings, Inc, through its subsidiaries, owns and operates restaurants under the Chuy's name in Texas and 19 states in the Southeastern and Midwestern United States. As of December 31, 2017, the company operated 91 Chuy's restaurants in 19 states. Chuy's Holdings, Inc was founded in 1982 and is headquartered in Austin, Texas.

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Earnings History and Estimates for Chuy`s (NASDAQ:CHUY)

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