Chuy’s (CHUY) to Release Earnings on Thursday

Chuy’s (NASDAQ:CHUYGet Rating) is set to announce its earnings results after the market closes on Thursday, May 5th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Chuy’s (NASDAQ:CHUYGet Rating) last issued its earnings results on Thursday, February 17th. The restaurant operator reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 last year, the business posted $0.19 EPS. On average, analysts expect Chuy’s to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of NASDAQ:CHUY opened at $25.13 on Thursday. The firm has a fifty day moving average of $27.40 and a two-hundred day moving average of $28.59. The firm has a market capitalization of $475.91 million, a P/E ratio of 16.75 and a beta of 1.89. Chuy’s has a 12-month low of $22.60 and a 12-month high of $49.99.

A number of equities research analysts have issued reports on CHUY shares. 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. Zacks Investment Research lowered shares of Chuy’s from a “hold” rating to a “sell” rating in a research note on Friday, April 22nd. 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. Finally, Benchmark raised shares of Chuy’s from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Tuesday, January 25th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Chuy’s presently has a consensus rating of “Buy” and a consensus target price of $36.17.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Morgan Stanley increased its stake in Chuy’s by 159.9% in the second quarter. Morgan Stanley now owns 126,389 shares of the restaurant operator’s stock valued at $4,709,000 after purchasing an additional 77,750 shares in the last quarter. Royal Bank of Canada increased its position in shares of Chuy’s by 14.0% during the third quarter. Royal Bank of Canada now owns 8,867 shares of the restaurant operator’s stock worth $280,000 after acquiring an additional 1,090 shares in the last quarter. BNP Paribas Arbitrage SA grew its position in Chuy’s by 193.2% in the third quarter. BNP Paribas Arbitrage SA now owns 20,371 shares of the restaurant operator’s stock valued at $642,000 after purchasing an additional 13,422 shares in the last quarter. Bank of New York Mellon Corp grew its position in Chuy’s by 11.1% in the third quarter. Bank of New York Mellon Corp now owns 222,869 shares of the restaurant operator’s stock valued at $7,027,000 after purchasing an additional 22,346 shares in the last quarter. Finally, Citigroup Inc. grew its position in shares of Chuy’s by 44.1% in the 4th quarter. Citigroup Inc. now owns 15,290 shares of the restaurant operator’s stock valued at $461,000 after acquiring an additional 4,679 shares during the period. 97.95% of the stock is owned by institutional investors and hedge funds.

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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Earnings History for Chuy's (NASDAQ:CHUY)

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