A number of firms have modified their ratings and price targets on shares of Habit Restaurants (NASDAQ: HABT) recently:

  • 10/16/2018 – Habit Restaurants was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 10/5/2018 – Habit Restaurants was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 10/5/2018 – Habit Restaurants had its price target raised by analysts at Piper Jaffray Companies to $16.00.
  • 10/3/2018 – Habit Restaurants had its price target raised by analysts at Guggenheim from $15.00 to $17.00. They now have a “buy” rating on the stock.
  • 9/27/2018 – Habit Restaurants was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “The Habit Restaurants, Inc., operator of The Habit Burger Grill, is a burger-centric fast casual restaurant company. It is engaged in preparing char-grilled burgers, sandwiches and salads. The Company offers tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame; prepared salads and a selection of sides, shakes and malts. It has operations in California, including Bay area, Central California, Greater La, Inland Empire, Orange County, Sacramento, San Diego; Arizona; Utah and New Jersey. The Habit Restaurants, Inc. is based in Irvine, California. “
  • 9/26/2018 – Habit Restaurants was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $18.00 price target on the stock. According to Zacks, “The Habit Restaurants, Inc., operator of The Habit Burger Grill, is a burger-centric fast casual restaurant company. It is engaged in preparing char-grilled burgers, sandwiches and salads. The Company offers tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame; prepared salads and a selection of sides, shakes and malts. It has operations in California, including Bay area, Central California, Greater La, Inland Empire, Orange County, Sacramento, San Diego; Arizona; Utah and New Jersey. The Habit Restaurants, Inc. is based in Irvine, California. “
  • 9/19/2018 – Habit Restaurants was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 9/13/2018 – Habit Restaurants had its “buy” rating reaffirmed by analysts at Wedbush. They now have a $20.00 price target on the stock.
  • 9/11/2018 – Habit Restaurants was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 9/7/2018 – Habit Restaurants was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $19.00 price target on the stock. According to Zacks, “The Habit Restaurants, Inc., operator of The Habit Burger Grill, is a burger-centric fast casual restaurant company. It is engaged in preparing char-grilled burgers, sandwiches and salads. The Company offers tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame; prepared salads and a selection of sides, shakes and malts. It has operations in California, including Bay area, Central California, Greater La, Inland Empire, Orange County, Sacramento, San Diego; Arizona; Utah and New Jersey. The Habit Restaurants, Inc. is based in Irvine, California. “
  • 9/6/2018 – Habit Restaurants was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “The Habit Restaurants, Inc., operator of The Habit Burger Grill, is a burger-centric fast casual restaurant company. It is engaged in preparing char-grilled burgers, sandwiches and salads. The Company offers tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame; prepared salads and a selection of sides, shakes and malts. It has operations in California, including Bay area, Central California, Greater La, Inland Empire, Orange County, Sacramento, San Diego; Arizona; Utah and New Jersey. The Habit Restaurants, Inc. is based in Irvine, California. “
  • 8/27/2018 – Habit Restaurants was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $18.00 price target on the stock. According to Zacks, “The Habit Restaurants, Inc., operator of The Habit Burger Grill, is a burger-centric fast casual restaurant company. It is engaged in preparing char-grilled burgers, sandwiches and salads. The Company offers tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame; prepared salads and a selection of sides, shakes and malts. It has operations in California, including Bay area, Central California, Greater La, Inland Empire, Orange County, Sacramento, San Diego; Arizona; Utah and New Jersey. The Habit Restaurants, Inc. is based in Irvine, California. “
  • 8/23/2018 – Habit Restaurants was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “The Habit Restaurants, Inc., operator of The Habit Burger Grill, is a burger-centric fast casual restaurant company. It is engaged in preparing char-grilled burgers, sandwiches and salads. The Company offers tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame; prepared salads and a selection of sides, shakes and malts. It has operations in California, including Bay area, Central California, Greater La, Inland Empire, Orange County, Sacramento, San Diego; Arizona; Utah and New Jersey. The Habit Restaurants, Inc. is based in Irvine, California. “

NASDAQ:HABT opened at $15.74 on Wednesday. The firm has a market cap of $415.47 million, a price-to-earnings ratio of 98.38, a P/E/G ratio of 14.95 and a beta of 0.92. Habit Restaurants Inc has a 1 year low of $8.10 and a 1 year high of $18.30. The company has a current ratio of 0.98, a quick ratio of 0.93 and a debt-to-equity ratio of 0.12.

Habit Restaurants (NASDAQ:HABT) last issued its quarterly earnings data on Wednesday, August 1st. The restaurant operator reported $0.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.05. Habit Restaurants had a positive return on equity of 1.68% and a negative net margin of 0.84%. The company had revenue of $102.85 million for the quarter, compared to the consensus estimate of $99.68 million. During the same quarter last year, the business posted $0.06 earnings per share. The firm’s revenue was up 23.4% compared to the same quarter last year. On average, analysts predict that Habit Restaurants Inc will post 0.05 earnings per share for the current fiscal year.

Several hedge funds have recently modified their holdings of HABT. Barclays PLC increased its stake in Habit Restaurants by 173.1% in the first quarter. Barclays PLC now owns 23,131 shares of the restaurant operator’s stock valued at $203,000 after acquiring an additional 14,662 shares during the last quarter. Jane Street Group LLC increased its stake in Habit Restaurants by 151.1% in the first quarter. Jane Street Group LLC now owns 28,369 shares of the restaurant operator’s stock valued at $250,000 after acquiring an additional 17,070 shares during the last quarter. Wrapmanager Inc. increased its stake in Habit Restaurants by 13.8% in the second quarter. Wrapmanager Inc. now owns 30,572 shares of the restaurant operator’s stock valued at $306,000 after acquiring an additional 3,708 shares during the last quarter. GSA Capital Partners LLP increased its stake in Habit Restaurants by 196.1% in the second quarter. GSA Capital Partners LLP now owns 45,300 shares of the restaurant operator’s stock valued at $453,000 after acquiring an additional 30,000 shares during the last quarter. Finally, Spark Investment Management LLC bought a new position in Habit Restaurants in the second quarter valued at $602,000. Institutional investors own 59.56% of the company’s stock.

The Habit Restaurants, Inc, a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts.

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