Somewhat Positive Media Coverage Somewhat Unlikely to Affect Habit Restaurants (HABT) Stock Price
News coverage about Habit Restaurants (NASDAQ:HABT) has trended somewhat positive on Thursday, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Habit Restaurants earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned press coverage about the restaurant operator an impact score of 45.1000046488606 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Habit Restaurants (HABT) Research Coverage Started at Maxim Group (americanbankingnews.com)
- ETFs with exposure to The Habit Restaurants, Inc. : December 13, 2017 (finance.yahoo.com)
- -$0.01 EPS Expected for Habit Restaurants Inc (HABT) This Quarter (americanbankingnews.com)
- Habit Restaurants Inc (NASDAQ:HABT) Stock Consolidating – Live Trading News (livetradingnews.com)
Habit Restaurants (HABT) traded up $0.20 on Thursday, hitting $10.00. The stock had a trading volume of 871,800 shares, compared to its average volume of 390,086. The company has a market capitalization of $255.04, a PE ratio of 42.61, a PEG ratio of 2.60 and a beta of 0.87. The company has a current ratio of 1.43, a quick ratio of 1.39 and a debt-to-equity ratio of 0.08. Habit Restaurants has a 1-year low of $8.85 and a 1-year high of $19.75.
Habit Restaurants (NASDAQ:HABT) last released its quarterly earnings data on Wednesday, November 1st. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.02). The firm had revenue of $84.60 million for the quarter, compared to the consensus estimate of $85.77 million. Habit Restaurants had a net margin of 1.46% and a return on equity of 4.09%. The business’s revenue for the quarter was up 17.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.05 earnings per share. analysts anticipate that Habit Restaurants will post 0.16 earnings per share for the current year.
HABT has been the subject of a number of research analyst reports. Robert W. Baird reiterated a “buy” rating on shares of Habit Restaurants in a report on Friday, September 8th. Zacks Investment Research upgraded Habit Restaurants from a “sell” rating to a “hold” rating in a report on Wednesday, September 20th. Stephens cut their price target on Habit Restaurants from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Wednesday, October 11th. Raymond James Financial reiterated a “market perform” rating on shares of Habit Restaurants in a report on Thursday, November 2nd. Finally, Wedbush reiterated a “hold” rating and set a $11.00 price target on shares of Habit Restaurants in a report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. Habit Restaurants currently has a consensus rating of “Hold” and an average price target of $15.94.
About 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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