Super Hi International (NASDAQ:HDL) Upgraded at Zacks Research

Super Hi International (NASDAQ:HDL) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Thursday,Zacks.com reports.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce”.

Super Hi International Trading Down 5.5%

Shares of NASDAQ:HDL opened at $13.23 on Thursday. The company’s 50-day moving average price is $12.94 and its two-hundred day moving average price is $14.62. Super Hi International has a one year low of $12.00 and a one year high of $21.21. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.54 and a quick ratio of 2.28. The stock has a market capitalization of $860.09 million, a PE ratio of 22.04 and a beta of -0.10.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.16). Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. The company had revenue of $225.93 million during the quarter, compared to the consensus estimate of $215.58 million. On average, equities analysts forecast that Super Hi International will post 0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE bought a new stake in shares of Super Hi International in the 4th quarter valued at about $52,000. XY Capital Ltd increased its position in Super Hi International by 15.9% during the fourth quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock worth $192,000 after buying an additional 1,640 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in Super Hi International by 26.5% in the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after buying an additional 4,457 shares during the period.

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.