Chuy’s (NASDAQ:CHUY) Now Covered by Analysts at StockNews.com

Investment analysts at StockNews.com started coverage on shares of Chuy’s (NASDAQ:CHUY) in a research report issued on Sunday. The brokerage set a “hold” rating on the restaurant operator’s stock.

Other equities analysts have also issued reports about the company. Wedbush reissued a “neutral” rating and issued a $37.50 price target (down from $38.00) on shares of Chuy’s in a research note on Monday, July 22nd. Jefferies Financial Group lowered shares of Chuy’s from a “buy” rating to a “hold” rating and lowered their price objective for the company from $38.00 to $24.00 in a research note on Thursday, July 11th. Stifel Nicolaus cut their target price on shares of Chuy’s from $36.00 to $32.00 and set a “hold” rating on the stock in a research note on Tuesday, May 14th. Benchmark downgraded shares of Chuy’s from a “buy” rating to a “hold” rating and set a $37.50 price target for the company. in a research note on Monday, August 19th. Finally, Piper Sandler dropped their price objective on shares of Chuy’s from $35.00 to $31.00 and set a “neutral” rating on the stock in a report on Monday, May 13th. Seven research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Chuy’s has an average rating of “Hold” and an average price target of $33.25.

Chuy’s Trading Up 0.2 %

CHUY stock opened at $37.29 on Friday. Chuy’s has a 1-year low of $22.52 and a 1-year high of $39.40. The stock has a 50-day moving average price of $33.83 and a 200-day moving average price of $31.36. The firm has a market cap of $642.51 million, a PE ratio of 22.07 and a beta of 1.77.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Russell Investments Group Ltd. boosted its position in shares of Chuy’s by 3.0% during the fourth quarter. Russell Investments Group Ltd. now owns 49,250 shares of the restaurant operator’s stock valued at $1,883,000 after buying an additional 1,426 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Chuy’s by 1.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 897,008 shares of the restaurant operator’s stock worth $34,293,000 after acquiring an additional 13,295 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Chuy’s in the 4th quarter worth $475,000. KLR Investment Advisors LLC purchased a new stake in shares of Chuy’s in the fourth quarter valued at about $256,000. Finally, First Eagle Investment Management LLC lifted its position in shares of Chuy’s by 11.5% during the fourth quarter. First Eagle Investment Management LLC now owns 280,103 shares of the restaurant operator’s stock valued at $10,708,000 after purchasing an additional 28,969 shares in the last quarter. 99.92% of the stock is owned by institutional investors.

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.