Shares of Habit Restaurants Inc. (NASDAQ:HABT) were up 4.1% on Thursday . The company traded as high as $17.22 and last traded at $17.08, with a volume of 300,879 shares. The stock had previously closed at $16.40.

Several equities analysts recently weighed in on the company. Zacks Investment Research cut Habit Restaurants from a “hold” rating to a “sell” rating in a research report on Tuesday, May 3rd. Robert W. Baird reissued a “buy” rating on shares of Habit Restaurants in a research report on Monday, May 16th. Two equities research analysts have rated the stock with a sell rating and nine have given a buy rating to the stock. Habit Restaurants presently has a consensus rating of “Buy” and an average price target of $29.75.

The company’s 50-day moving average is $16.50 and its 200-day moving average is $18.55. The stock has a market capitalization of $268.67 million and a PE ratio of 67.80.

Habit Restaurants (NASDAQ:HABT) last announced its quarterly earnings data on Wednesday, May 4th. The company reported $0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.01. The company earned $67 million during the quarter, compared to the consensus estimate of $67.70 million. During the same quarter in the previous year, the business earned $0.09 EPS. Habit Restaurants’s revenue was up 22.7% on a year-over-year basis. Equities analysts expect that Habit Restaurants Inc. will post $0.32 earnings per share for the current year.

In other news, insider Peter Whitwell sold 1,500 shares of the firm’s stock in a transaction dated Thursday, June 9th. The stock was sold at an average price of $17.32, for a total value of $25,980.00. Following the completion of the transaction, the insider now owns 387 shares in the company, valued at approximately $6,702.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

An institutional investor recently raised its position in Habit Restaurants stock. Russell Frank Co increased its stake in shares of Habit Restaurants Inc. (NASDAQ:HABT) by 131.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 89,847 shares of the company’s stock after buying an additional 51,082 shares during the period. Russell Frank Co owned 0.65% of Habit Restaurants worth $2,084,000 as of its most recent filing with the SEC.

The Habit Restaurants, Inc (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers salads, sides, shakes and malts.

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