Chuy’s Holdings, Inc. (NASDAQ:CHUY) – Equities research analysts at Jefferies Group cut their FY2017 earnings per share estimates for Chuy’s Holdings in a research note issued on Friday. Jefferies Group analyst A. Barish now anticipates that the restaurant operator will post earnings per share of $1.05 for the year, down from their previous forecast of $1.09. Jefferies Group also issued estimates for Chuy’s Holdings’ Q4 2017 earnings at $0.24 EPS.

Chuy’s Holdings (NASDAQ:CHUY) last announced its earnings results on Thursday, May 4th. The restaurant operator reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. The business had revenue of $86.90 million for the quarter, compared to the consensus estimate of $87.80 million. Chuy’s Holdings had a return on equity of 11.34% and a net margin of 4.86%. Chuy’s Holdings’s revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 EPS.

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Other analysts have also issued research reports about the stock. TheStreet upgraded shares of Chuy’s Holdings from a “c+” rating to a “b-” rating in a research report on Monday, May 22nd. Raymond James Financial, Inc. upgraded shares of Chuy’s Holdings to a “buy” rating in a research report on Sunday, July 23rd. Wedbush reiterated a “hold” rating and set a $23.00 price target on shares of Chuy’s Holdings in a research report on Sunday, July 30th. Zacks Investment Research upgraded shares of Chuy’s Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. Finally, BMO Capital Markets reduced their price target on shares of Chuy’s Holdings from $31.00 to $24.00 and set a “market perform” rating on the stock in a research report on Friday. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. Chuy’s Holdings presently has an average rating of “Hold” and a consensus price target of $28.50.

Chuy’s Holdings (NASDAQ:CHUY) opened at 20.85 on Monday. The stock has a 50 day moving average price of $23.68 and a 200 day moving average price of $27.52. Chuy’s Holdings has a one year low of $20.25 and a one year high of $35.30. The firm has a market capitalization of $352.26 million, a P/E ratio of 20.44 and a beta of 0.01.

A number of hedge funds have recently modified their holdings of CHUY. Mason Street Advisors LLC raised its stake in shares of Chuy’s Holdings by 7.0% in the first quarter. Mason Street Advisors LLC now owns 3,934 shares of the restaurant operator’s stock worth $117,000 after buying an additional 258 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Chuy’s Holdings by 58.0% in the second quarter. BNP Paribas Arbitrage SA now owns 4,941 shares of the restaurant operator’s stock worth $116,000 after buying an additional 1,813 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of Chuy’s Holdings during the first quarter worth $200,000. Louisiana State Employees Retirement System raised its stake in shares of Chuy’s Holdings by 1.5% in the first quarter. Louisiana State Employees Retirement System now owns 6,900 shares of the restaurant operator’s stock worth $206,000 after buying an additional 100 shares in the last quarter. Finally, 1st Global Advisors Inc. bought a new stake in shares of Chuy’s Holdings during the first quarter worth $211,000. Hedge funds and other institutional investors own 98.37% of the company’s stock.

In other Chuy’s Holdings news, insider Sharon A. Russell sold 1,138 shares of the firm’s stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of $31.00, for a total value of $35,278.00. Following the sale, the insider now owns 3,115 shares in the company, valued at $96,565. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Sharon A. Russell sold 9,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 9th. The shares were sold at an average price of $30.83, for a total transaction of $277,470.00. Following the completion of the sale, the insider now owns 4,277 shares in the company, valued at approximately $131,859.91. The disclosure for this sale can be found here. Insiders sold 11,000 shares of company stock worth $339,470 in the last 90 days. Company insiders own 3.30% of the company’s stock.

Chuy’s Holdings Company Profile

Chuy’s Holdings, Inc operates Chuy’s, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. As of December 25, 2016, the Company operated 80 Chuy’s restaurants across 16 states. The Company offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups and salads.

Earnings History and Estimates for Chuy`s Holdings (NASDAQ:CHUY)

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