Habit Restaurants Inc (NASDAQ:HABT) has received a consensus rating of “Hold” from the twelve ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $14.25.

Several brokerages recently issued reports on HABT. ValuEngine lowered Habit Restaurants from a “hold” rating to a “sell” rating in a research note on Friday. Zacks Investment Research upgraded Habit Restaurants from a “sell” rating to a “hold” rating in a research note on Thursday, January 4th. Maxim Group began coverage on Habit Restaurants in a research note on Wednesday, December 13th. They set a “buy” rating and a $13.00 price target on the stock. TheStreet upgraded Habit Restaurants from a “d” rating to a “c-” rating in a research note on Monday, November 20th. Finally, Raymond James Financial restated a “market perform” rating on shares of Habit Restaurants in a research note on Thursday, November 2nd.

Several hedge funds have recently added to or reduced their stakes in the company. Nationwide Fund Advisors grew its stake in shares of Habit Restaurants by 52.6% in the 2nd quarter. Nationwide Fund Advisors now owns 11,456 shares of the restaurant operator’s stock valued at $181,000 after purchasing an additional 3,949 shares during the period. Swiss National Bank grew its stake in shares of Habit Restaurants by 15.3% in the 2nd quarter. Swiss National Bank now owns 32,350 shares of the restaurant operator’s stock valued at $511,000 after purchasing an additional 4,300 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Habit Restaurants by 43.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,137 shares of the restaurant operator’s stock valued at $271,000 after purchasing an additional 5,151 shares during the period. Rhumbline Advisers grew its stake in shares of Habit Restaurants by 49.3% in the 2nd quarter. Rhumbline Advisers now owns 21,127 shares of the restaurant operator’s stock valued at $334,000 after purchasing an additional 6,973 shares during the period. Finally, California State Teachers Retirement System grew its stake in shares of Habit Restaurants by 34.7% in the 2nd quarter. California State Teachers Retirement System now owns 35,734 shares of the restaurant operator’s stock valued at $565,000 after purchasing an additional 9,200 shares during the period. Institutional investors own 76.01% of the company’s stock.

Habit Restaurants (HABT) opened at $8.35 on Tuesday. Habit Restaurants has a 12 month low of $8.30 and a 12 month high of $19.75. 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 stock has a market capitalization of $225.11, a PE ratio of 36.31, a P/E/G ratio of 3.46 and a beta of 0.73.

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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.

Analyst Recommendations for Habit Restaurants (NASDAQ:HABT)

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