Super Hi International (NASDAQ:HDL) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS

Super Hi International (NASDAQ:HDL) posted its quarterly earnings data on Wednesday. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06), Zacks reports. Super Hi International had a return on equity of 7.38% and a net margin of 3.29%.The business had revenue of $218.83 million during the quarter, compared to the consensus estimate of $222.80 million.

Super Hi International Price Performance

Shares of NASDAQ:HDL opened at $13.83 on Wednesday. The firm has a market capitalization of $899.63 million, a PE ratio of 23.06 and a beta of -0.14. The company has a current ratio of 2.54, a quick ratio of 2.28 and a debt-to-equity ratio of 0.45. Super Hi International has a 1-year low of $12.00 and a 1-year high of $21.21. The business’s 50 day moving average is $13.00 and its 200-day moving average is $14.27.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on HDL. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Super Hi International stock. Bank of America Corp DE purchased a new stake in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) during the 4th quarter, according to the company in 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.