Super Hi International (NASDAQ:HDL) Cut to “Strong Sell” at Zacks Research

Super Hi International (NASDAQ:HDL) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Wednesday,Zacks.com reports.

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, June 24th. Two research analysts have rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Super Hi International Trading Down 3.2%

Shares of HDL stock opened at $12.00 on Wednesday. The business has a 50-day moving average of $13.36 and a 200 day moving average of $15.16. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.54 and a quick ratio of 2.28. Super Hi International has a 1-year low of $12.00 and a 1-year high of $21.21. The stock has a market capitalization of $780.43 million, a PE ratio of 20.00 and a beta of -0.16.

Super Hi International (NASDAQ:HDL) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). Super Hi International had a return on equity of 7.38% and a net margin of 3.29%.The company had revenue of $225.93 million during the quarter, compared to analysts’ expectations of $215.58 million. As a group, sell-side analysts anticipate that Super Hi International will post 0.66 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC raised its position in Super Hi International by 26.5% during the 4th 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 last quarter. XY Capital Ltd grew its position in shares of Super Hi International by 11.3% in the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock worth $194,000 after buying an additional 1,348 shares during the last quarter. Finally, Bank of America Corp DE purchased a new position in shares of Super Hi International during the fourth quarter valued at approximately $52,000.

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.