Equities research analysts expect that The Habit Restaurants, Inc. (NASDAQ:HABT) will post $0.03 earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have issued estimates for The Habit Restaurants’ earnings. The lowest EPS estimate is $0.02 and the highest is $0.07. The Habit Restaurants reported earnings per share of $0.05 in the same quarter last year, which would suggest a negative year over year growth rate of 40%. The company is scheduled to announce its next earnings report on Wednesday, November 1st.

On average, analysts expect that The Habit Restaurants will report full-year earnings of $0.26 per share for the current year, with EPS estimates ranging from $0.23 to $0.31. For the next financial year, analysts expect that the business will post earnings of $0.28 per share, with EPS estimates ranging from $0.23 to $0.37. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow The Habit Restaurants.

The Habit Restaurants (NASDAQ:HABT) last posted its earnings results on Wednesday, August 2nd. The restaurant operator reported $0.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.06. The Habit Restaurants had a net margin of 1.64% and a return on equity of 4.97%. The business had revenue of $83.30 million for the quarter, compared to analyst estimates of $84.15 million. During the same period last year, the business posted $0.09 EPS. The Habit Restaurants’s revenue was up 17.2% compared to the same quarter last year.

HABT has been the topic of several research reports. Zacks Investment Research downgraded shares of The Habit Restaurants from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Cowen and Company upped their price target on shares of The Habit Restaurants from $17.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday, May 4th. BidaskClub downgraded shares of The Habit Restaurants from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 1st. Raymond James Financial, Inc. restated an “outperform” rating and issued a $22.00 price target on shares of The Habit Restaurants in a research note on Monday, July 24th. Finally, Piper Jaffray Companies restated a “buy” rating on shares of The Habit Restaurants in a research note on Friday, July 14th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $19.92.

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Hedge funds and other institutional investors have recently bought and sold shares of the company. Swiss National Bank boosted its position in The Habit Restaurants by 15.3% in the second quarter. Swiss National Bank now owns 32,350 shares of the restaurant operator’s stock worth $511,000 after buying an additional 4,300 shares during the period. Keybank National Association OH boosted its position in The Habit Restaurants by 28.4% in the second quarter. Keybank National Association OH now owns 27,255 shares of the restaurant operator’s stock worth $431,000 after buying an additional 6,029 shares during the period. Bank of New York Mellon Corp boosted its position in The Habit Restaurants by 31.2% in the second quarter. Bank of New York Mellon Corp now owns 74,349 shares of the restaurant operator’s stock worth $1,175,000 after buying an additional 17,675 shares during the period. Wrapmanager Inc. boosted its position in The Habit Restaurants by 36.4% in the second quarter. Wrapmanager Inc. now owns 19,977 shares of the restaurant operator’s stock worth $316,000 after buying an additional 5,331 shares during the period. Finally, Rhumbline Advisers boosted its position in The Habit Restaurants by 49.3% in the second quarter. Rhumbline Advisers now owns 21,127 shares of the restaurant operator’s stock worth $334,000 after buying an additional 6,973 shares during the period. 98.55% of the stock is owned by hedge funds and other institutional investors.

Shares of The Habit Restaurants (NASDAQ:HABT) traded down 1.43% during mid-day trading on Friday, reaching $13.80. 512,598 shares of the company’s stock were exchanged. The stock has a market cap of $278.55 million, a price-to-earnings ratio of 53.49 and a beta of 1.04. The Habit Restaurants has a 52-week low of $13.20 and a 52-week high of $19.75. The stock’s 50-day moving average is $16.39 and its 200-day moving average is $16.57.

The Habit Restaurants Company Profile

The Habit Restaurants, Inc (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers sides, shakes and malts.

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Earnings History and Estimates for The Habit Restaurants (NASDAQ:HABT)

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