Chuy’s Holdings Inc. (NASDAQ:CHUY) shares traded down 1.6% on Tuesday . The stock traded as low as $29.76 and last traded at $30.03, with a volume of 159,875 shares traded. The stock had previously closed at $30.53.

Several research analysts have recently commented on the company. BMO Capital Markets reiterated a “hold” rating and issued a $34.00 target price on shares of Chuy’s Holdings in a report on Wednesday, August 3rd. Wedbush decreased their target price on Chuy’s Holdings from $38.00 to $34.00 and set an “outperform” rating for the company in a report on Wednesday, August 3rd. Zacks Investment Research lowered Chuy’s Holdings from a “buy” rating to a “hold” rating in a report on Thursday, July 28th. Telsey Advisory Group lowered Chuy’s Holdings from an “outperform” rating to a “market perform” rating and set a $38.00 target price for the company. in a report on Tuesday, July 26th. Finally, Stifel Nicolaus lowered Chuy’s Holdings from a “buy” rating to a “hold” rating and decreased their target price for the company from $45.00 to $32.00 in a report on Tuesday, July 26th. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Chuy’s Holdings presently has a consensus rating of “Hold” and an average price target of $34.67.

The stock has a market cap of $508.52 million and a price-to-earnings ratio of 35.17. The company has a 50 day moving average of $33.74 and a 200 day moving average of $32.71.

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

In other Chuy’s Holdings news, Director Michael Roger Young sold 2,000 shares of the business’s stock in a transaction dated Thursday, June 9th. The shares were sold at an average price of $35.00, for a total value of $70,000.00. Following the completion of 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 available at this hyperlink. Also, CEO Steven J. Hislop sold 6,295 shares of the business’s stock in a transaction dated Tuesday, June 28th. The stock was sold at an average price of $34.04, for a total transaction of $214,281.80. Following the completion of the transaction, the chief executive officer now directly owns 121,500 shares of the company’s stock, valued at $4,135,860. 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 position 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.