Chuy’s Holdings, Inc. (NASDAQ:CHUY) Receives $33.25 Consensus Target Price from Analysts

Shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY) have received a consensus rating of “Hold” from the six research firms that are presently covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation. The average 1 year target price among brokerages that have covered the stock in the last year is $33.25.

A number of equities analysts have recently weighed in on the company. Stephens reiterated an “equal weight” rating and issued a $37.50 target price on shares of Chuy’s in a report on Monday, August 12th. Benchmark lowered shares of Chuy’s from a “buy” rating to a “hold” rating and set a $37.50 price objective on the stock. in a research note on Monday, August 19th. StockNews.com began coverage on shares of Chuy’s in a research note on Thursday, October 10th. They set a “hold” rating for the company. Jefferies Financial Group downgraded shares of Chuy’s from a “buy” rating to a “hold” rating and dropped their price target for the stock from $38.00 to $24.00 in a research note on Thursday, July 11th. Finally, Wedbush reissued a “neutral” rating and set a $37.50 price objective (down previously from $38.00) on shares of Chuy’s in a research report on Monday, July 22nd.

Institutional Investors Weigh In On Chuy’s

A number of large investors have recently bought and sold shares of CHUY. Congress Asset Management Co. MA lifted its stake in shares of Chuy’s by 10.8% during the fourth quarter. Congress Asset Management Co. MA now owns 728,329 shares of the restaurant operator’s stock valued at $27,844,000 after acquiring an additional 70,893 shares during the period. Quadrature Capital Ltd acquired a new position in Chuy’s during the 4th quarter valued at about $791,000. Congress Wealth Management LLC DE boosted its stake in shares of Chuy’s by 25.4% in the 1st quarter. Congress Wealth Management LLC DE now owns 134,078 shares of the restaurant operator’s stock valued at $4,522,000 after purchasing an additional 27,182 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Chuy’s by 70.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,658 shares of the restaurant operator’s stock worth $90,000 after buying an additional 1,096 shares during the period. Finally, Wasatch Advisors LP raised its stake in shares of Chuy’s by 19.6% during the first quarter. Wasatch Advisors LP now owns 313,649 shares of the restaurant operator’s stock worth $10,579,000 after buying an additional 51,352 shares during the last quarter. 99.92% of the stock is currently owned by institutional investors.

Chuy’s Stock Up 0.0 %

Shares of CHUY opened at $37.48 on Friday. Chuy’s has a 52-week low of $22.52 and a 52-week high of $39.40. The firm has a market capitalization of $645.78 million, a PE ratio of 22.18 and a beta of 1.77. The firm has a 50-day moving average price of $37.26 and a 200 day moving average price of $31.99.

Chuy’s (NASDAQ:CHUY) last released its earnings results on Friday, August 9th. The restaurant operator reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.01. Chuy’s had a net margin of 5.84% and a return on equity of 13.23%. The business had revenue of $119.80 million for the quarter, compared to the consensus estimate of $120.46 million. On average, equities analysts expect that Chuy’s will post 1.83 EPS for the current year.

Chuy’s Company Profile

Chuy’s Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy’s name in the United States. The company was founded in 1982 and is headquartered in Austin, Texas.