$0.31 Earnings Per Share Expected for Chuy’s Holdings, Inc. (NASDAQ:CHUY) This Quarter

Brokerages expect that Chuy’s Holdings, Inc. (NASDAQ:CHUY – Get Rating) will announce earnings of $0.31 per share for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Chuy’s’ earnings. The highest EPS estimate is $0.33 and the lowest is $0.28. Chuy’s posted earnings of $0.42 per share during the same quarter last year, which would indicate a negative year over year growth rate of 26.2%. The company is scheduled to issue its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Chuy’s will report full year earnings of $1.48 per share for the current year, with EPS estimates ranging from $1.35 to $1.68. For the next year, analysts expect that the business will post earnings of $1.65 per share, with EPS estimates ranging from $1.45 to $1.83. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Chuy’s.

Chuy’s (NASDAQ:CHUY – Get Rating) last released its quarterly earnings data on Thursday, February 17th. The restaurant operator reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.10. The company had revenue of $98.67 million during the quarter, compared to analyst estimates of $99.58 million. Chuy’s had a net margin of 7.61% and a return on equity of 14.62%. During the same quarter in the previous year, the business posted $0.19 EPS.

Several analysts have recently weighed in on the stock. Robert W. Baird lifted their price objective on shares of Chuy’s from $28.00 to $31.00 in a research note on Friday, February 18th. Zacks Investment Research upgraded shares of Chuy’s from a “sell” rating to a “hold” rating in a research note on Monday, February 14th. StockNews.com started coverage on shares of Chuy’s in a research note on Thursday, March 31st. They set a “buy” rating for the company. Finally, Benchmark upgraded shares of Chuy’s from a “hold” rating to a “buy” rating and set a $35.00 price target for the company in a research note on Tuesday, January 25th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Chuy’s presently has a consensus rating of “Buy” and a consensus price target of $36.17.

Shares of NASDAQ:CHUY traded down $0.40 during mid-day trading on Friday, hitting $25.94. The company had a trading volume of 108,543 shares, compared to its average volume of 155,969. The firm has a fifty day moving average price of $27.74 and a 200 day moving average price of $28.97. The company has a market capitalization of $492.60 million, a PE ratio of 17.29 and a beta of 1.89. Chuy’s has a one year low of $22.60 and a one year high of $49.99.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. boosted its holdings in Chuy’s by 2.3% during the 4th quarter. BlackRock Inc. now owns 3,164,764 shares of the restaurant operator’s stock worth $95,322,000 after acquiring an additional 70,562 shares during the last quarter. Westwood Holdings Group Inc. boosted its holdings in Chuy’s by 31.2% during the 4th quarter. Westwood Holdings Group Inc. now owns 1,040,876 shares of the restaurant operator’s stock worth $31,351,000 after acquiring an additional 247,435 shares during the last quarter. Macquarie Group Ltd. boosted its holdings in Chuy’s by 0.9% during the 3rd quarter. Macquarie Group Ltd. now owns 953,992 shares of the restaurant operator’s stock worth $30,079,000 after acquiring an additional 8,284 shares during the last quarter. State Street Corp boosted its holdings in Chuy’s by 3.6% during the 4th quarter. State Street Corp now owns 659,343 shares of the restaurant operator’s stock worth $19,859,000 after acquiring an additional 22,930 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Chuy’s by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 347,522 shares of the restaurant operator’s stock worth $10,467,000 after acquiring an additional 1,820 shares during the last quarter. 97.95% of the stock is currently owned by hedge funds and other institutional investors.

Chuy’s Company Profile (Get Rating)

Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in the United States. As of December 26, 2021, it operated 96 restaurants in 17 states, including the Southeastern and Midwestern United States. The company was founded in 1982 and is headquartered in Austin, Texas.

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