The Habit Restaurants (HABT) Receiving Somewhat Positive Media Coverage, Report Shows
Press coverage about The Habit Restaurants (NASDAQ:HABT) has trended somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. The Habit Restaurants earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the restaurant operator an impact score of 45.482126548478 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
The Habit Restaurants (HABT) traded up $0.25 during trading on Wednesday, reaching $9.20. 333,500 shares of the company’s stock traded hands, compared to its average volume of 386,463. The firm has a market cap of $244.77 and a PE ratio of 39.35. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.39 and a current ratio of 1.43. The Habit Restaurants has a 52-week low of $8.85 and a 52-week high of $19.75.
The Habit Restaurants (NASDAQ:HABT) last released its earnings results on Wednesday, November 1st. The restaurant operator reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.02). The company had revenue of $84.60 million for the quarter, compared to analyst estimates of $85.77 million. The Habit Restaurants had a net margin of 1.46% and a return on equity of 4.09%. The firm’s quarterly revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.05 EPS. equities research analysts anticipate that The Habit Restaurants will post 0.17 earnings per share for the current year.
HABT has been the topic of a number of analyst reports. Wedbush reaffirmed a “hold” rating and issued a $11.00 price objective on shares of The Habit Restaurants in a report on Thursday, November 2nd. Robert W. Baird cut shares of The Habit Restaurants from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $20.00 to $12.00 in a report on Thursday, November 2nd. Raymond James Financial reaffirmed a “market perform” rating on shares of The Habit Restaurants in a report on Thursday, November 2nd. Cowen reaffirmed a “hold” rating and issued a $16.00 price objective on shares of The Habit Restaurants in a report on Tuesday, September 12th. Finally, Zacks Investment Research raised shares of The Habit Restaurants from a “sell” rating to a “hold” rating in a report on Wednesday, September 20th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $16.36.
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About The Habit Restaurants
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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