Habit Restaurants Inc (NASDAQ:HABT) shares rose 5.4% during mid-day trading on Tuesday . The stock traded as high as $10.00 and last traded at $9.80. Approximately 505,200 shares traded hands during mid-day trading, an increase of 30% from the average daily volume of 387,804 shares. The stock had previously closed at $9.30.

HABT has been the topic of several recent research reports. Robert W. Baird restated a “buy” rating on shares of Habit Restaurants in a research report on Friday, September 8th. TheStreet upgraded Habit Restaurants from a “d” rating to a “c-” rating in a research report on Monday, November 20th. Zacks Investment Research upgraded Habit Restaurants from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. Cowen restated a “hold” rating and issued a $16.00 price target on shares of Habit Restaurants in a research report on Tuesday, September 12th. Finally, Wedbush restated a “hold” rating and issued a $11.00 price target on shares of Habit Restaurants in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. Habit Restaurants presently has an average rating of “Hold” and a consensus target price of $16.36.

The company has a debt-to-equity ratio of 0.08, a current ratio of 1.43 and a quick ratio of 1.39. The stock has a market cap of $242.02, a PE ratio of 40.44, a PEG ratio of 2.47 and a beta of 0.87.

Habit Restaurants (NASDAQ:HABT) last posted its quarterly earnings results on Wednesday, November 1st. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.02). Habit Restaurants had a return on equity of 4.09% and a net margin of 1.46%. The company had revenue of $84.60 million during the quarter, compared to the consensus estimate of $85.77 million. During the same quarter in the prior year, the business earned $0.05 earnings per share. The firm’s revenue for the quarter was up 17.7% on a year-over-year basis. equities analysts forecast that Habit Restaurants Inc will post 0.16 earnings per share for the current fiscal year.

Hedge funds have recently bought and sold shares of the business. Schwab Charles Investment Management Inc. lifted its holdings in Habit Restaurants by 47.2% during the first quarter. Schwab Charles Investment Management Inc. now owns 63,182 shares of the restaurant operator’s stock worth $1,119,000 after acquiring an additional 20,270 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Habit Restaurants by 207.8% during the first quarter. Dimensional Fund Advisors LP now owns 94,477 shares of the restaurant operator’s stock worth $1,672,000 after acquiring an additional 63,785 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Habit Restaurants by 10.3% during the second quarter. Renaissance Technologies LLC now owns 1,012,700 shares of the restaurant operator’s stock worth $16,001,000 after acquiring an additional 94,300 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in Habit Restaurants by 4.8% during the second quarter. Wells Fargo & Company MN now owns 3,007,597 shares of the restaurant operator’s stock worth $47,521,000 after acquiring an additional 136,789 shares in the last quarter. Finally, Teachers Advisors LLC lifted its holdings in Habit Restaurants by 65.1% during the second quarter. Teachers Advisors LLC now owns 36,551 shares of the restaurant operator’s stock worth $578,000 after acquiring an additional 14,413 shares in the last quarter. Hedge funds and other institutional investors own 76.32% of the company’s stock.

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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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