Analysts predict that The Habit Restaurants, Inc. (NASDAQ:HABT) will report earnings of $0.03 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for The Habit Restaurants’ earnings. The lowest EPS estimate is $0.02 and the highest is $0.07. The Habit Restaurants posted earnings per share of $0.05 in the same quarter last year, which suggests a negative year-over-year growth rate of 40%. The business is expected to issue its next earnings results on Wednesday, November 1st.

On average, analysts expect that The Habit Restaurants will report full-year earnings of $0.26 per share for the current year, with EPS estimates ranging from $0.23 to $0.31. For the next financial year, analysts forecast that the business will report earnings of $0.28 per share, with EPS estimates ranging from $0.23 to $0.37. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover The Habit Restaurants.

The Habit Restaurants (NASDAQ:HABT) last posted its earnings results on Wednesday, August 2nd. The restaurant operator reported $0.06 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.06. The company had revenue of $83.30 million during the quarter, compared to analyst estimates of $84.15 million. The Habit Restaurants had a return on equity of 5.02% and a net margin of 1.64%. The business’s revenue was up 17.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.09 earnings per share.

Several analysts have recently weighed in on HABT shares. Zacks Investment Research raised shares of The Habit Restaurants from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Tuesday, May 16th. Cowen and Company raised their price objective on shares of The Habit Restaurants from $17.00 to $22.00 and gave the stock an “outperform” rating in a report on Thursday, May 4th. Piper Jaffray Companies reissued a “buy” rating on shares of The Habit Restaurants in a report on Friday, July 14th. BidaskClub raised shares of The Habit Restaurants from a “strong sell” rating to a “sell” rating in a report on Monday, July 24th. Finally, Raymond James Financial, Inc. reissued an “outperform” rating and issued a $22.00 price target on shares of The Habit Restaurants in a report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $19.92.

Shares of The Habit Restaurants (NASDAQ HABT) traded up 0.936% during trading on Friday, hitting $13.475. The stock had a trading volume of 273,956 shares. The Habit Restaurants has a one year low of $13.20 and a one year high of $19.75. The stock’s 50-day moving average price is $16.39 and its 200 day moving average price is $16.57. The stock has a market cap of $271.99 million, a price-to-earnings ratio of 52.229 and a beta of 1.04.

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Institutional investors have recently made changes to their positions in the stock. American International Group Inc. boosted its position in shares of The Habit Restaurants by 7.2% in the first quarter. American International Group Inc. now owns 8,300 shares of the restaurant operator’s stock worth $147,000 after buying an additional 558 shares during the last quarter. Metropolitan Life Insurance Co. NY boosted its position in shares of The Habit Restaurants by 22.4% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,618 shares of the restaurant operator’s stock worth $183,000 after buying an additional 1,944 shares during the last quarter. Bfsg LLC acquired a new position in shares of The Habit Restaurants during the first quarter worth about $190,000. Wrapmanager Inc. acquired a new position in shares of The Habit Restaurants during the first quarter worth about $259,000. Finally, UBS Group AG boosted its position in shares of The Habit Restaurants by 376.2% in the first quarter. UBS Group AG now owns 15,285 shares of the restaurant operator’s stock worth $270,000 after buying an additional 12,075 shares during the last quarter. 98.55% of the stock is currently owned by hedge funds and other institutional investors.

The Habit Restaurants Company Profile

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 sides, shakes and malts.

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Earnings History and Estimates for The Habit Restaurants (NASDAQ:HABT)

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