Super Hi International (NASDAQ:HDL) Announces Quarterly Earnings Results

Super Hi International (NASDAQ:HDL) announced its earnings results on Wednesday. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16), FiscalAI reports. The firm had revenue of $225.93 million during the quarter, compared to analyst estimates of $215.58 million. Super Hi International had a net margin of 4.33% and a return on equity of 9.61%.

Super Hi International Stock Performance

Shares of HDL opened at $15.07 on Wednesday. Super Hi International has a 12-month low of $13.11 and a 12-month high of $22.35. The stock has a market cap of $980.20 million, a P/E ratio of 21.53 and a beta of -0.15. The company has a current ratio of 2.41, a quick ratio of 2.15 and a debt-to-equity ratio of 0.47. The company has a 50-day moving average of $14.69 and a two-hundred day moving average of $16.19.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on HDL shares. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a report on Friday, March 27th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Super Hi International presently has an average rating of “Reduce”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Super Hi International stock. Bank of America Corp DE purchased a new position in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,809 shares of the company’s stock, valued at approximately $52,000.

Super Hi International Company Profile

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.