Chuy's Holdings Inc (NASDAQ:CHUY) – Analysts at Wedbush dropped their Q1 2018 EPS estimates for shares of Chuy's in a report issued on Friday. Wedbush analyst N. Setyan now anticipates that the restaurant operator will post earnings of $0.17 per share for the quarter, down from their previous estimate of $0.25. Wedbush has a “Hold” rating and a $25.00 price objective on the stock. Wedbush also issued estimates for Chuy's’ Q2 2018 earnings at $0.37 EPS, Q4 2018 earnings at $0.24 EPS, FY2018 earnings at $1.12 EPS, Q1 2019 earnings at $0.23 EPS, Q2 2019 earnings at $0.45 EPS, Q3 2019 earnings at $0.29 EPS, Q4 2019 earnings at $0.25 EPS and FY2019 earnings at $1.22 EPS.

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Several other equities analysts also recently weighed in on the stock. BidaskClub downgraded shares of Chuy's from a “buy” rating to a “hold” rating in a research note on Tuesday, January 16th. TheStreet upgraded shares of Chuy's from a “c+” rating to a “b-” rating in a research report on Friday, December 15th. Zacks Investment Research upgraded shares of Chuy's from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research report on Wednesday, January 31st. BMO Capital Markets raised their price objective on shares of Chuy's to $30.00 and gave the company a “market perform” rating in a research report on Wednesday, January 10th. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $29.00 price objective (up from $23.00) on shares of Chuy's in a research report on Wednesday, February 28th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. Chuy's currently has a consensus rating of “Hold” and a consensus target price of $27.20.

Chuy's (CHUY) opened at $26.10 on Monday. The firm has a market cap of $441.45, a PE ratio of 27.19, a PEG ratio of 1.44 and a beta of -0.28. Chuy's has a 12 month low of $18.00 and a 12 month high of $32.10.

Chuy's (NASDAQ:CHUY) last posted its earnings results on Thursday, March 8th. The restaurant operator reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.01). The business had revenue of $96.02 million during the quarter, compared to analysts’ expectations of $95.80 million. Chuy's had a return on equity of 9.86% and a net margin of 7.83%. Chuy's’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.18 EPS.

Several hedge funds have recently added to or reduced their stakes in CHUY. BlackRock Inc. lifted its position in Chuy's by 4.4% during the fourth quarter. BlackRock Inc. now owns 2,181,895 shares of the restaurant operator’s stock valued at $61,203,000 after purchasing an additional 91,444 shares during the last quarter. Wasatch Advisors Inc. lifted its position in Chuy's by 7.8% during the third quarter. Wasatch Advisors Inc. now owns 1,502,174 shares of the restaurant operator’s stock valued at $31,621,000 after purchasing an additional 109,064 shares during the last quarter. Stephens Investment Management Group LLC lifted its position in Chuy's by 5.7% during the third quarter. Stephens Investment Management Group LLC now owns 1,339,658 shares of the restaurant operator’s stock valued at $28,200,000 after purchasing an additional 72,456 shares during the last quarter. Vanguard Group Inc. lifted its position in Chuy's by 5.3% during the second quarter. Vanguard Group Inc. now owns 941,354 shares of the restaurant operator’s stock valued at $22,027,000 after purchasing an additional 47,580 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Chuy's by 7.6% during the third quarter. Dimensional Fund Advisors LP now owns 870,210 shares of the restaurant operator’s stock valued at $18,318,000 after purchasing an additional 61,444 shares during the last quarter. Institutional investors own 95.55% of the company’s stock.

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Chuy's Company Profile

Chuy’s Holdings, Inc operates Chuy’s, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. As of December 25, 2016, the Company operated 80 Chuy’s restaurants across 16 states. The Company offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups and salads.

Earnings History and Estimates for Chuy's (NASDAQ:CHUY)

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