Free Trial

Super Hi International (NASDAQ:HDL) Sets New 52-Week Low Following Weak Earnings

Super Hi International logo with Retail/Wholesale background
Image from MarketBeat Media, LLC.

Key Points

  • New 52-week low after earnings miss: HDL fell to $14.50 mid-day following quarterly results that missed estimates — EPS $0.07 vs. $0.19 expected and revenue $229.97M vs. $239.27M expected.
  • Analyst sentiment weak: Weiss Ratings reaffirmed a sell and Zacks downgraded to a "strong sell," leaving the stock with a MarketBeat consensus rating of "Sell."
  • Some institutional activity amid the weakness — Bank of America and XY Capital opened small positions and Jane Street increased its stake — while the company trades below its 50‑day ($16.37) and 200‑day ($17.12) moving averages with a market cap of about $943M and a P/E of 36.27.
  • Interested in Super Hi International? Here are five stocks we like better.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday following a weaker than expected earnings announcement. The company traded as low as $14.50 and last traded at $14.5060, with a volume of 206 shares traded. The stock had previously closed at $14.56.

The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.12). Super Hi International had a net margin of 2.52% and a return on equity of 5.55%. The firm had revenue of $229.97 million during the quarter, compared to analysts' expectations of $239.27 million.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Super Hi International in a report on Friday. Zacks Research downgraded shares of Super Hi International from a "hold" rating to a "strong sell" rating in a research report on Tuesday, March 10th. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of "Sell".

Read Our Latest Stock Analysis on HDL

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE acquired a new position in Super Hi International in the fourth quarter valued at approximately $52,000. XY Capital Ltd acquired a new stake in shares of Super Hi International during the 3rd quarter worth approximately $186,000. Finally, Jane Street Group LLC grew its stake in shares of Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company's stock worth $342,000 after purchasing an additional 4,457 shares during the period.

Super Hi International Stock Performance

The company has a current ratio of 2.53, a quick ratio of 2.27 and a debt-to-equity ratio of 0.47. The firm's fifty day moving average price is $16.37 and its two-hundred day moving average price is $17.12. The stock has a market capitalization of $943.33 million, a PE ratio of 36.27 and a beta of -0.59.

About Super Hi International

(Get Free Report)

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.

See Also

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.

Should You Invest $1,000 in Super Hi International Right Now?

Before you consider Super Hi International, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Super Hi International wasn't on the list.

While Super Hi International currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines