Super Hi International (NASDAQ:HDL) Hits New 1-Year Low After Earnings Miss

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) reached a new 52-week low on Wednesday after the company announced weaker than expected quarterly earnings. The stock traded as low as $14.50 and last traded at $14.5060, with a volume of 206 shares changing hands. The stock had previously closed at $14.56.

The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.12). The firm had revenue of $229.97 million during the quarter, compared to analysts’ expectations of $239.27 million. Super Hi International had a net margin of 2.52% and a return on equity of 5.55%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a report on Friday. Zacks Research lowered Super Hi International from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Two investment analysts have rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Institutional Trading of Super Hi International

Several institutional investors have recently modified their holdings of the stock. Jane Street Group LLC grew its position in shares of Super Hi International by 26.5% in the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after purchasing an additional 4,457 shares during the period. Bank of America Corp DE acquired a new position in shares of Super Hi International during the 4th quarter worth about $52,000. Finally, XY Capital Ltd raised its position in shares of Super Hi International by 15.9% during the 4th quarter. XY Capital Ltd now owns 11,955 shares of the company’s stock worth $192,000 after purchasing an additional 1,640 shares during the last quarter.

Super Hi International Price Performance

The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.27 and a current ratio of 2.53. The stock has a market capitalization of $943.33 million, a PE ratio of 36.27 and a beta of -0.59. The stock’s 50 day moving average is $16.37 and its two-hundred day moving average is $17.12.

Super Hi International Company Profile

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.