Shares of Chuy’s Holdings Inc. (NASDAQ:CHUY) dropped 2.8% during trading on Friday . The stock traded as low as $31.55 and last traded at $31.64, with a volume of 213,642 shares trading hands. The stock had previously closed at $32.54.

CHUY has been the topic of several recent analyst reports. Robert W. Baird reiterated a “hold” rating on shares of Chuy’s Holdings in a research note on Monday, May 16th. Stifel Nicolaus downgraded Chuy’s Holdings from a “buy” rating to a “hold” rating and dropped their price target for the stock from $45.00 to $32.00 in a research note on Tuesday, July 26th. BMO Capital Markets restated a “hold” rating on shares of Chuy’s Holdings in a research note on Wednesday, May 4th. TheStreet upgraded Chuy’s Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, May 3rd. Finally, Jefferies Group restated a “hold” rating and issued a $33.00 price target (up from $31.00) on shares of Chuy’s Holdings in a research note on Friday, May 6th. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $34.67.

The company has a market cap of $535.39 million and a P/E ratio of 37.03. The company has a 50-day moving average price of $34.33 and a 200 day moving average price of $32.60.

Chuy’s Holdings (NASDAQ:CHUY) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The business earned $87.90 million during the quarter, compared to the consensus estimate of $87.45 million. During the same period last year, the firm earned $0.32 EPS. The business’s quarterly revenue was up 16.6% on a year-over-year basis. Equities analysts anticipate that Chuy’s Holdings Inc. will post $1.08 earnings per share for the current year.

In other news, Director Michael Roger Young sold 2,000 shares of the company’s stock in a transaction on Thursday, June 9th. The stock was sold at an average price of $35.00, for a total transaction of $70,000.00. Following the transaction, the director now directly owns 862 shares of the company’s stock, valued at $30,170. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Steven J. Hislop sold 6,295 shares of the company’s stock in a transaction on Tuesday, June 28th. The stock was sold at an average price of $34.04, for a total value of $214,281.80. Following the transaction, the chief executive officer now directly owns 121,500 shares in the company, valued at $4,135,860. The disclosure for this sale can be found here.

A hedge fund recently bought a new stake in Chuy’s Holdings stock. Employees Retirement System of Texas purchased a new position in Chuy’s Holdings Inc. (NASDAQ:CHUY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 36,000 shares of the company’s stock, valued at approximately $1,128,000. Employees Retirement System of Texas owned about 0.22% of Chuy’s Holdings as of its most recent SEC filing.

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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