Chuy's (NASDAQ:CHUY) Research Coverage Started at Stephens

Stephens began coverage on shares of Chuy's (NASDAQ:CHUY - Free Report) in a research report sent to investors on Friday, MarketBeat Ratings reports. The firm issued an overweight rating and a $40.00 price target on the restaurant operator's stock.

Several other equities analysts have also issued reports on the stock. StockNews.com lowered shares of Chuy's from a buy rating to a hold rating in a report on Friday, March 1st. Wedbush reduced their target price on Chuy's from $41.00 to $38.00 and set an outperform rating on the stock in a research report on Friday, February 23rd. Finally, Piper Sandler decreased their price target on Chuy's from $39.00 to $35.00 and set a neutral rating for the company in a research note on Friday, February 23rd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of $39.71.

Chuy's Trading Up 0.2 %

Shares of CHUY traded up $0.07 during trading hours on Friday, hitting $31.55. The company had a trading volume of 83,160 shares, compared to its average volume of 134,212. The company has a market capitalization of $546.76 million, a PE ratio of 18.13 and a beta of 1.63. Chuy's has a one year low of $31.01 and a one year high of $43.17. The company's fifty day moving average price is $33.69 and its two-hundred day moving average price is $34.50.

Chuy's (NASDAQ:CHUY - Get Free Report) last announced its earnings results on Thursday, February 22nd. The restaurant operator reported $0.45 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.07. Chuy's had a net margin of 6.83% and a return on equity of 13.96%. The business had revenue of $116.30 million during the quarter, compared to the consensus estimate of $116.63 million. During the same period in the previous year, the company posted $0.27 earnings per share. The firm's revenue was up 11.7% on a year-over-year basis. Analysts forecast that Chuy's will post 1.85 earnings per share for the current year.

Institutional Trading of Chuy's

Large investors have recently made changes to their positions in the business. US Bancorp DE purchased a new stake in Chuy's in the second quarter valued at $27,000. Captrust Financial Advisors boosted its stake in shares of Chuy's by 171.3% in the first quarter. Captrust Financial Advisors now owns 1,210 shares of the restaurant operator's stock worth $33,000 after buying an additional 764 shares during the last quarter. Point72 Middle East FZE acquired a new stake in Chuy's during the fourth quarter worth about $39,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in Chuy's during the second quarter valued at approximately $45,000. Finally, AJOVista LLC acquired a new position in Chuy's in the fourth quarter valued at approximately $53,000. 99.92% of the stock is owned by hedge funds and other institutional investors.

Chuy's Company Profile

Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in the United States. The company was founded in 1982 and is headquartered in Austin, Texas.