Chuy’s Holdings Inc (NASDAQ:CHUY) – Equities research analysts at Jefferies Financial Group upped their FY2019 earnings per share estimates for Chuy’s in a report issued on Thursday, November 7th. Jefferies Financial Group analyst A. Barish now forecasts that the restaurant operator will earn $0.99 per share for the year, up from their prior estimate of $0.95. Jefferies Financial Group also issued estimates for Chuy’s’ Q1 2020 earnings at $0.21 EPS, Q2 2020 earnings at $0.44 EPS, Q3 2020 earnings at $0.27 EPS, Q4 2020 earnings at $0.13 EPS, FY2020 earnings at $1.05 EPS and FY2021 earnings at $1.14 EPS.

A number of other research analysts have also commented on CHUY. BMO Capital Markets raised their price target on Chuy’s from $18.00 to $19.00 and gave the company an “underperform” rating in a report on Friday, August 9th. Telsey Advisory Group reissued a “market perform” rating and set a $26.00 price target (up from $23.00) on shares of Chuy’s in a report on Friday, August 9th. TheStreet lowered Chuy’s from a “b-” rating to a “c” rating in a report on Thursday, November 7th. BidaskClub raised Chuy’s from a “sell” rating to a “hold” rating in a report on Thursday, October 24th. Finally, Zacks Investment Research raised Chuy’s from a “hold” rating to a “strong-buy” rating and set a $32.00 price target on the stock in a report on Monday. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the stock. Chuy’s currently has a consensus rating of “Hold” and an average price target of $25.38.

Shares of CHUY opened at $27.61 on Monday. The firm has a market capitalization of $417.98 million, a price-to-earnings ratio of 31.38, a price-to-earnings-growth ratio of 1.51 and a beta of 0.23. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.52 and a current ratio of 0.57. Chuy’s has a one year low of $17.03 and a one year high of $29.16. The stock’s fifty day moving average is $24.37 and its 200-day moving average is $23.39.

Chuy’s (NASDAQ:CHUY) last issued its earnings results on Thursday, November 7th. The restaurant operator reported $0.25 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.04. The firm had revenue of $109.08 million for the quarter, compared to analyst estimates of $108.88 million. Chuy’s had a return on equity of 8.21% and a net margin of 1.30%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period last year, the company earned $0.20 earnings per share.

Several institutional investors and hedge funds have recently modified their holdings of the company. Wasatch Advisors Inc. increased its holdings in shares of Chuy’s by 5.0% during the second quarter. Wasatch Advisors Inc. now owns 1,806,754 shares of the restaurant operator’s stock valued at $41,411,000 after purchasing an additional 86,122 shares during the period. GW&K Investment Management LLC boosted its stake in Chuy’s by 17.2% during the third quarter. GW&K Investment Management LLC now owns 688,978 shares of the restaurant operator’s stock valued at $17,059,000 after buying an additional 101,116 shares in the last quarter. Cortina Asset Management LLC boosted its stake in Chuy’s by 18.6% during the second quarter. Cortina Asset Management LLC now owns 232,494 shares of the restaurant operator’s stock valued at $5,329,000 after buying an additional 36,420 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its stake in Chuy’s by 90.4% during the second quarter. D. E. Shaw & Co. Inc. now owns 220,052 shares of the restaurant operator’s stock valued at $5,044,000 after buying an additional 104,497 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Chuy’s by 1.3% during the second quarter. Northern Trust Corp now owns 217,257 shares of the restaurant operator’s stock valued at $4,980,000 after buying an additional 2,868 shares in the last quarter.

About Chuy’s

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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