Shares of Chuy’s Holdings Inc (NASDAQ:CHUY) have been given a consensus rating of “Hold” by the eleven ratings firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $27.50.
Several research analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Chuy’s from a “strong sell” rating to a “hold” rating in a report on Monday, February 4th. BidaskClub upgraded shares of Chuy’s from a “hold” rating to a “buy” rating in a report on Saturday, February 2nd. Finally, ValuEngine upgraded shares of Chuy’s from a “sell” rating to a “hold” rating in a report on Thursday, March 21st.
Chuy’s stock traded down $0.27 during midday trading on Wednesday, hitting $20.58. 86,865 shares of the company’s stock were exchanged, compared to its average volume of 154,852. Chuy’s has a 12 month low of $17.03 and a 12 month high of $34.10. The stock has a market cap of $351.64 million, a price-to-earnings ratio of 23.39, a PEG ratio of 1.31 and a beta of 0.42.
In other news, Director Ira L. Zecher sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $22.60, for a total value of $33,900.00. Following the sale, the director now directly owns 2,237 shares in the company, valued at approximately $50,556.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.40% of the stock is currently owned by company insiders.
Large investors have recently added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan bought a new stake in shares of Chuy’s in the 4th quarter valued at about $85,000. Metropolitan Life Insurance Co. NY boosted its holdings in shares of Chuy’s by 397.3% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 6,012 shares of the restaurant operator’s stock valued at $107,000 after buying an additional 4,803 shares in the last quarter. Oregon Public Employees Retirement Fund purchased a new position in shares of Chuy’s in the 4th quarter valued at approximately $114,000. Citigroup Inc. raised its position in shares of Chuy’s by 26.8% in the 4th quarter. Citigroup Inc. now owns 10,235 shares of the restaurant operator’s stock valued at $181,000 after purchasing an additional 2,166 shares during the last quarter. Finally, Baird Financial Group Inc. purchased a new position in shares of Chuy’s in the 3rd quarter valued at approximately $292,000.
Chuy's Holdings, Inc, through its subsidiaries, owns and operates restaurants under the Chuy's name in Texas and 19 states in the Southeastern and Midwestern United States. As of December 31, 2017, the company operated 91 Chuy's restaurants in 19 states. Chuy's Holdings, Inc was founded in 1982 and is headquartered in Austin, Texas.
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