Super Hi International (NASDAQ:HDL) Releases Quarterly Earnings Results, Misses Expectations By $0.10 EPS

Super Hi International (NASDAQ:HDL) released its earnings results on Wednesday. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10), Zacks reports. The company had revenue of $214.05 million for the quarter, compared to analyst estimates of $228.41 million. Super Hi International had a net margin of 6.81% and a return on equity of 14.94%.

Super Hi International Price Performance

HDL stock opened at $17.90 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.26 and a current ratio of 2.53. The business has a 50-day simple moving average of $17.89 and a two-hundred day simple moving average of $19.24. The company has a market capitalization of $1.16 billion, a P/E ratio of 19.89 and a beta of -0.58. Super Hi International has a 52-week low of $16.30 and a 52-week high of $30.00.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Super Hi International stock. Bank of America Corp DE purchased a new position in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,809 shares of the company’s stock, valued at approximately $52,000.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, October 8th. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Monday, November 3rd. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

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.