Super Hi International (NASDAQ:HDL) Announces Quarterly Earnings Results

Key Points

• Super Hi International missed quarterly expectations: It reported a loss of $0.03 per share versus analysts’ forecast of $0.03 profit, while revenue of $218.83 million fell short of the $222.80 million estimate.
• The stock opened at $13.83, with a market capitalization of approximately $899.6 million. Shares remain well below their 52-week high of $21.21, despite the company reporting a 3.29% net margin and 7.38% return on equity.
• Analyst sentiment remains cautious, with one Hold and one Sell rating producing a consensus rating of “Reduce.” Zacks Research upgraded the stock from Strong Sell to Hold, while Weiss Ratings maintained its Sell rating.

Super Hi International (NASDAQ:HDL - Get Free Report) released its earnings results on Wednesday. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.06), Zacks reports. The business had revenue of $218.83 million for the quarter, compared to analysts' expectations of $222.80 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%.

Super Hi International Price Performance

NASDAQ HDL opened at $13.83 on Wednesday. The firm has a market cap of $899.63 million, a P/E ratio of 23.06 and a beta of -0.14. The stock's 50-day moving average is $13.00 and its two-hundred day moving average is $14.27. Super Hi International has a fifty-two week low of $12.00 and a fifty-two week high of $21.21. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.54 and a quick ratio of 2.28.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Zacks Research raised shares of Super Hi International from a "strong sell" rating to a "hold" rating in a research report on Thursday, July 30th. Weiss Ratings reiterated a "sell (d)" rating on shares of Super Hi International in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Super Hi International presently has a consensus rating of "Reduce".

Institutional Investors Weigh In On Super Hi International

A hedge fund recently raised its stake in Super Hi International stock. Jane Street Group LLC boosted its stake in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Free Report) by 26.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,302 shares of the company's stock after purchasing an additional 4,457 shares during the quarter. Jane Street Group LLC's holdings in Super Hi International were worth $342,000 at the end of the most recent quarter.

About Super Hi International

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.

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