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

Key Points

• Super Hi International missed estimates, reporting Q earnings of $0.07 per share versus a $0.19 consensus and revenue of $229.97M vs. $239.27M, with a net margin of 2.52% and ROE of 5.55%.
• Analysts have turned negative—Zacks cut the stock to a "strong sell", Weiss reaffirmed a "sell", and MarketBeat shows an average rating of "Sell".
• Shares opened at $14.91, trading near its 1‑year low of $14.51 and below the 50‑ and 200‑day moving averages; market cap is about $970M with a P/E of 37.3.

Super Hi International (NASDAQ:HDL - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by ($0.12), FiscalAI reports. The business had revenue of $229.97 million for the quarter, compared to analysts' expectations of $239.27 million. Super Hi International had a return on equity of 5.55% and a net margin of 2.52%.

Super Hi International Stock Up 0.3%

NASDAQ:HDL opened at $14.91 on Tuesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.53 and a quick ratio of 2.27. The company's fifty day moving average price is $16.41 and its 200-day moving average price is $17.15. Super Hi International has a 1-year low of $14.51 and a 1-year high of $23.62. The firm has a market capitalization of $969.60 million, a P/E ratio of 37.28 and a beta of -0.59.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Zacks Research cut shares of Super Hi International from a "hold" rating to a "strong sell" rating in a report on Tuesday, March 10th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Super Hi International in a research report on Friday. Two analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Sell".

Hedge Funds Weigh In On Super Hi International

A hedge fund recently bought a new stake in Super Hi International stock. Bank of America Corp DE bought a new position in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,809 shares of the company's stock, valued at approximately $52,000.

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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