Super Hi International (NASDAQ:HDL) Shares Gap Up - Time to Buy?

Key Points

• Super Hi International shares rose 3.5%, opening at $13.38 versus a prior close of $12.80, though trading volume was very light.
• Analyst sentiment remains cautious: Weiss Ratings reiterated a “sell” rating, Zacks upgraded the stock to “hold,” and MarketBeat reports an overall “Reduce” consensus.
• The company exceeded quarterly revenue expectations but missed EPS estimates, reporting $0.10 per share versus the $0.26 consensus; analysts expect full-year EPS of $0.66.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report)'s share price gapped up before the market opened on Tuesday . The stock had previously closed at $12.80, but opened at $13.38. Super Hi International shares last traded at $13.3750, with a volume of 213 shares changing hands.

Analyst Ratings Changes

Several analysts have commented on the stock. Weiss Ratings reiterated a "sell (d)" rating on shares of Super Hi International in a research note on Wednesday, June 24th. Zacks Research upgraded Super Hi International from a "strong sell" rating to a "hold" rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Super Hi International currently has an average rating of "Reduce".

Super Hi International Trading Up 3.5%

The firm has a market cap of $861.71 million, a price-to-earnings ratio of 22.09 and a beta of -0.14. The business's 50 day moving average price is $12.90 and its 200-day moving average price is $14.48. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.28 and a current ratio of 2.54.

Super Hi International (NASDAQ:HDL - Get Free Report) last issued its earnings results on Friday, May 15th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.16). Super Hi International had a return on equity of 7.38% and a net margin of 3.29%.The company had revenue of $225.93 million for the quarter, compared to the consensus estimate of $215.58 million. Equities analysts expect that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HDL. XY Capital Ltd raised its position in Super Hi International by 11.3% during the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company's stock valued at $194,000 after purchasing an additional 1,348 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company's stock worth $342,000 after buying 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 during the fourth quarter 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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