Analysts expect that Chuy’s Holdings Inc (NASDAQ:CHUY) will announce sales of $108.59 million for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Chuy’s’ earnings, with the lowest sales estimate coming in at $108.09 million and the highest estimate coming in at $109.24 million. Chuy’s reported sales of $101.18 million during the same quarter last year, which indicates a positive year-over-year growth rate of 7.3%. The business is expected to report its next quarterly earnings report on Tuesday, November 5th.

On average, analysts expect that Chuy’s will report full year sales of $427.42 million for the current financial year, with estimates ranging from $425.75 million to $429.85 million. For the next year, analysts expect that the business will report sales of $458.67 million, with estimates ranging from $456.99 million to $461.21 million. Zacks’ sales calculations are an average based on a survey of research firms that that provide coverage for Chuy’s.

Chuy’s (NASDAQ:CHUY) last posted its quarterly earnings data on Thursday, August 8th. The restaurant operator reported $0.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.05. Chuy’s had a net margin of 1.30% and a return on equity of 8.21%. The company had revenue of $113.10 million during the quarter, compared to analyst estimates of $111.77 million. During the same quarter last year, the firm posted $0.38 EPS. The business’s revenue for the quarter was up 6.4% on a year-over-year basis.

Several research firms have recently weighed in on CHUY. BidaskClub upgraded shares of Chuy’s from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th. ValuEngine upgraded shares of Chuy’s from a “sell” rating to a “hold” rating in a research report on Tuesday, June 18th. TheStreet upgraded shares of Chuy’s from a “c” rating to a “b-” rating in a research report on Thursday, August 8th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $26.00 price objective (up from $23.00) on shares of Chuy’s in a research note on Friday, August 9th. Finally, Zacks Investment Research raised shares of Chuy’s from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research note on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $24.80.

Shares of NASDAQ:CHUY traded up $0.36 during trading hours on Tuesday, hitting $25.89. 73,593 shares of the company’s stock traded hands, compared to its average volume of 171,539. Chuy’s has a 52 week low of $17.03 and a 52 week high of $28.70. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.52 and a current ratio of 0.57. The company’s fifty day simple moving average is $24.62 and its two-hundred day simple moving average is $22.62. The company has a market cap of $427.87 million, a price-to-earnings ratio of 29.40, a price-to-earnings-growth ratio of 1.52 and a beta of 0.16.

Hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC purchased a new stake in Chuy’s during the second quarter valued at about $42,000. Quantamental Technologies LLC purchased a new stake in shares of Chuy’s in the first quarter worth approximately $65,000. BNP Paribas Arbitrage SA lifted its position in shares of Chuy’s by 1,962.7% in the first quarter. BNP Paribas Arbitrage SA now owns 3,486 shares of the restaurant operator’s stock worth $79,000 after purchasing an additional 3,317 shares in the last quarter. Aperio Group LLC purchased a new stake in shares of Chuy’s in the second quarter worth approximately $108,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Chuy’s in the first quarter worth approximately $118,000.

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 and Estimates for Chuy`s (NASDAQ:CHUY)

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