Super Hi International (NASDAQ:HDL) Hits New 1-Year Low - Here's What Happened

Key Points

• Super Hi International shares hit a new 52-week low, falling 6.2% to $10.35 after trading as low as $10.50, below its 50-day and 200-day moving averages.
• The company’s latest quarterly results missed expectations, reporting a loss of $0.03 per share versus consensus for $0.03 in earnings, while revenue of $218.83 million also came in below estimates.
• Analyst sentiment remains cautious: one analyst rates the stock “Hold” and another “Sell,” resulting in a MarketBeat consensus rating of “Reduce.”

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report)'s stock price reached a new 52-week low on Friday. The company traded as low as $10.50 and last traded at $10.35, with a volume of 932 shares traded. The stock had previously closed at $11.38.

Analyst Upgrades and Downgrades

HDL has been the topic of a number of research analyst reports. Zacks Research raised Super Hi International from a "strong sell" rating to a "hold" rating in a report on Thursday, July 30th. Weiss Ratings reissued a "sell (d)" rating on shares of Super Hi International in a research report on Monday, September 21st. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Super Hi International has an average rating of "Reduce".

Super Hi International Stock Down 6.2%

The company has a current ratio of 2.50, a quick ratio of 2.25 and a debt-to-equity ratio of 0.47. The stock's 50-day moving average is $12.34 and its 200-day moving average is $13.08. The company has a market cap of $671.11 million, a price-to-earnings ratio of 38.22 and a beta of -0.06.

Super Hi International (NASDAQ:HDL - Get Free Report) last announced its earnings results on Thursday, August 27th. The company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.06). The business had revenue of $218.83 million during the quarter, compared to the consensus estimate of $222.80 million. Super Hi International had a return on equity of 2.61% and a net margin of 1.16%. On average, analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super Hi International

An institutional investor recently raised its position in Super Hi International stock. XY Capital Ltd boosted its position in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Free Report) by 11.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,303 shares of the company's stock after acquiring an additional 1,348 shares during the quarter. XY Capital Ltd's holdings in Super Hi International were worth $194,000 at the end of the most recent quarter.

Super Hi International Company Profile

Super Hi International Holding Ltd. is a restaurant company that operates Haidilao hot pot restaurants outside mainland China. The company provides full-service dining centered on Sichuan-style hot pot, in which customers cook a selection of meats, seafood, vegetables, noodles and other ingredients in flavored broths at the table.

Haidilao restaurants are known for customizable dining, a broad menu of fresh ingredients and service-oriented features such as soup-base options, table-side assistance and entertainment during the dining experience.

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