Shares of Chuy’s Holdings Inc. (NASDAQ:CHUY) fell 5.3% during mid-day trading on Tuesday . The stock traded as low as $33.27 and last traded at $33.29, with a volume of 206,421 shares trading hands. The stock had previously closed at $35.15.

Several research firms have recently issued reports on CHUY. TheStreet raised shares of Chuy’s Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday, May 3rd. BMO Capital Markets reissued a “hold” rating on shares of Chuy’s Holdings in a research report on Wednesday, May 4th. Jefferies Group reissued a “hold” rating and issued a $33.00 price target (up previously from $31.00) on shares of Chuy’s Holdings in a research report on Friday, May 6th. Robert W. Baird reissued a “hold” rating on shares of Chuy’s Holdings in a research report on Monday, May 16th. Finally, Stifel Nicolaus lowered shares of Chuy’s Holdings from a “buy” rating to a “hold” rating and lowered their price target for the company from $45.00 to $32.00 in a research report on Tuesday, July 26th. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Chuy’s Holdings currently has an average rating of “Hold” and a consensus target price of $35.29.

The stock has a market cap of $557.36 million and a price-to-earnings ratio of 39.65. The firm has a 50 day moving average price of $35.06 and a 200-day moving average price of $32.68.

Chuy’s Holdings (NASDAQ:CHUY) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.03. During the same quarter last year, the company earned $0.32 EPS. The company had revenue of $87.90 million for the quarter, compared to analyst estimates of $87.45 million. The business’s revenue was up 16.6% compared to the same quarter last year. On average, equities research analysts forecast that Chuy’s Holdings Inc. will post $1.08 earnings per share for the current fiscal year.

In other news, CEO Steven J. Hislop sold 6,295 shares of the company’s stock in a transaction dated Tuesday, June 28th. The shares were sold at an average price of $34.04, for a total transaction of $214,281.80. Following the transaction, the chief executive officer now owns 121,500 shares in the company, valued at $4,135,860. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Michael Roger Young sold 1,000 shares of the company’s stock in a transaction dated Tuesday, May 10th. The shares were sold at an average price of $33.44, for a total transaction of $33,440.00. Following the transaction, the director now owns 862 shares in the company, valued at approximately $28,825.28. The disclosure for this sale can be found here.

An institutional investor recently bought a new position in Chuy’s Holdings stock. Employees Retirement System of Texas acquired a new stake in shares of Chuy’s Holdings Inc. (NASDAQ:CHUY) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 36,000 shares of the company’s stock, valued at approximately $1,128,000. Employees Retirement System of Texas owned approximately 0.22% of Chuy’s Holdings as of its most recent filing with the SEC.

Chuy’s Holdings, Inc is a full-service restaurant concept company offering a menu of Mexican and Tex Mex inspired food. The Company operates through full-service, casual dining, Mexican food restaurants segment. The Company operates its restaurants under the name Chuy’s. The Company operates approximately 70 Chuy’s restaurants across 14 states.

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