Super Hi International (NASDAQ:HDL) Issues Quarterly Earnings Results

Super Hi International (NASDAQ:HDL) released its quarterly earnings data on Wednesday. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.06), Zacks reports. The company had revenue of $218.83 million during the quarter, compared to analysts’ expectations of $222.80 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%.

Super Hi International Stock Down 1.2%

NASDAQ:HDL opened at $13.83 on Wednesday. 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 company has a 50-day moving average of $13.00 and a 200 day moving average of $14.27. The firm has a market cap of $899.63 million, a PE ratio of 23.06 and a beta of -0.14.

Analysts Set New Price Targets

A number of analysts recently issued reports on HDL shares. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a report on Wednesday, June 24th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Super Hi International currently has an average rating of “Reduce”.

Institutional Investors Weigh In On Super Hi International

A hedge fund recently raised its stake in Super Hi International stock. Jane Street Group LLC boosted its holdings in shares of Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) by 26.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,302 shares of the company’s stock after buying an additional 4,457 shares during the quarter. Jane Street Group LLC’s holdings in Super Hi International were worth $342,000 as of its most recent SEC filing.

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.