Super Hi International (NASDAQ:HDL) Announces 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 the consensus estimate of $0.20 by ($0.10), Zacks reports. Super Hi International had a net margin of 6.81% and a return on equity of 14.94%. The company had revenue of $214.05 million for the quarter, compared to the consensus estimate of $228.41 million.

Super Hi International Trading Down 2.2%

HDL stock opened at $17.90 on Wednesday. The company has a quick ratio of 2.26, a current ratio of 2.53 and a debt-to-equity ratio of 0.46. Super Hi International has a 52-week low of $16.30 and a 52-week high of $30.00. The company’s 50-day simple moving average is $17.89 and its 200-day simple moving average is $19.24. The firm has a market cap of $1.16 billion, a P/E ratio of 19.89 and a beta of -0.58.

Analyst Upgrades and Downgrades

HDL has been the topic of a number of recent analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a report on Wednesday, October 8th. Zacks Research upgraded shares of Super Hi International from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Super Hi International presently has a consensus rating of “Reduce”.

Institutional Trading of Super Hi International

A hedge fund recently bought a new stake in Super Hi International stock. Bank of America Corp DE bought a new stake in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,809 shares of the company’s stock, valued at approximately $52,000.

About Super Hi International

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.