Super Hi International (NASDAQ:HDL) Shares Gap Up - Still a Buy?

Key Points

• Shares gapped up premarket (opened at $15.49 vs prior close of $14.16) but last traded at $14.90 on light volume (1,621 shares) and remain below the 50‑day ($15.94) and 200‑day ($16.80) moving averages.
• Analyst sentiment is negative with an average rating of Sell; Weiss reaffirmed a sell and Zacks downgraded to a strong sell, leaving two sell ratings on the stock.
• The company missed the latest quarter—EPS $0.10 vs. $0.19 expected and revenue $229.97M vs. $239.27M—while reporting a 4.33% net margin and 9.61% return on equity.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report)'s share price gapped up before the market opened on Friday . The stock had previously closed at $14.16, but opened at $15.49. Super Hi International shares last traded at $14.90, with a volume of 1,621 shares traded.

Wall Street Analysts Forecast Growth

HDL has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Super Hi International in a research note on Friday, March 27th. Zacks Research lowered Super Hi International from a "hold" rating to a "strong sell" rating in a research note on Tuesday, March 10th. Two investment analysts have rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Sell".

Super Hi International Price Performance

The business has a 50-day moving average of $15.94 and a 200 day moving average of $16.80. The company has a current ratio of 2.41, a quick ratio of 2.15 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $968.95 million and a P/E ratio of 21.29.

Super Hi International (NASDAQ:HDL - Get Free Report) last announced its quarterly earnings data on Wednesday, April 1st. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.09). Super Hi International had a net margin of 4.33% and a return on equity of 9.61%. The firm had revenue of $229.97 million during the quarter, compared to analyst estimates of $239.27 million. On average, sell-side analysts predict that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. XY Capital Ltd bought a new position in Super Hi International in the 3rd quarter valued at about $186,000. Jane Street Group LLC raised its stake in shares of Super Hi International by 26.5% in the fourth 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 last quarter. Finally, Bank of America Corp DE bought a new position in shares of Super Hi International in the fourth quarter valued at approximately $52,000.

Super Hi International Company Profile

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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