Chuy’s Holdings (NASDAQ:CHUY) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued on Tuesday, AnalystRatingsNetwork reports. The firm currently has a $33.90 target price on the stock. Zacks‘ price target points to a potential upside of 2.48% from the stock’s previous close.
Chuy’s Holdings (NASDAQ:CHUY) traded up 2.69% during mid-day trading on Tuesday, hitting $33.97. The stock had a trading volume of 138,931 shares. Chuy’s Holdings has a one year low of $22.00 and a one year high of $44.06. The stock has a 50-day moving average of $36.60 and a 200-day moving average of $36.86. The company has a market cap of $556.4 million and a price-to-earnings ratio of 49.45.
Chuy’s Holdings (NASDAQ:CHUY) last released its earnings data on Wednesday, October 30th. The company reported $0.17 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.17. The company had revenue of $53.48 million for the quarter, compared to the consensus estimate of $53.91 million. During the same quarter in the prior year, the company posted $0.13 earnings per share. The company’s quarterly revenue was up 19.0% on a year-over-year basis. Analysts expect that Chuy’s Holdings will post $0.70 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James upgraded shares of Chuy’s Holdings from an “underperform” rating to a “market perform” rating in a research note to investors on Thursday, October 31st. Separately, analysts at Robert W. Baird upgraded shares of Chuy’s Holdings from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, September 30th. Finally, analysts at Northcoast Research initiated coverage on shares of Chuy’s Holdings in a research note to investors on Wednesday, September 25th. They set a “neutral” rating on the stock. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $35.97.
Chuy’s Holdings, Inc (NASDAQ:CHUY) is a full-service restaurant concept offering a distinct menu of authentic, freshly-prepared Mexican and Tex Mex inspired food.
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