Super Hi International (NASDAQ:HDL) Sets New 1-Year Low - What's Next?

Key Points

• Super Hi International shares hit a new 52-week low, trading as low as $10.20 and last changing hands near $10.10, well below its 50-day and 200-day moving averages.
• Analyst sentiment remains cautious: one analyst rates the stock “Hold,” another rates it “Sell,” and MarketBeat’s consensus rating is “Reduce.”
• The company’s latest quarter fell short of expectations, with an adjusted loss of $0.03 per share versus forecast earnings of $0.03 and revenue of $218.83 million versus estimates of $222.80 million.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $10.20 and last traded at $10.1010, with a volume of 154 shares traded. The stock had previously closed at $10.24.

Analysts Set New Price Targets

A number of brokerages have commented on HDL. Zacks Research raised shares of Super Hi International from a "strong sell" rating to a "hold" rating in a research note on Thursday, July 30th. Weiss Ratings reissued a "sell (d)" rating on shares of Super Hi International in a research note on Monday, September 21st. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Super Hi International currently has a consensus rating of "Reduce".

Super Hi International Stock Performance

The stock has a market capitalization of $656.80 million, a PE ratio of 37.41 and a beta of -0.06. The firm's fifty day moving average is $12.12 and its 200-day moving average is $12.97. The company has a current ratio of 2.50, a quick ratio of 2.25 and a debt-to-equity ratio of 0.47.

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

Institutional Trading of Super Hi International

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

Super Hi International Company Profile

Super Hi International Holding Ltd. is a restaurant company focused on operating Haidilao hot pot restaurants outside mainland China. Its restaurants offer Sichuan-style hot pot and related dishes, allowing customers to cook a selection of meats, seafood, vegetables, noodles and other ingredients at their tables. The company also emphasizes hospitality, restaurant service and an interactive dining experience.

The company was separated from Haidilao International Holding Ltd. and listed on the Nasdaq under the symbol HDL in 2022.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.