Brokerages predict that Chuy’s Holdings Inc (NASDAQ:CHUY) will report earnings per share (EPS) of $0.37 for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Chuy’s’ earnings. The lowest EPS estimate is $0.37 and the highest is $0.38. Chuy’s posted earnings of $0.38 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 2.6%. The company is expected to issue its next quarterly earnings results after the market closes on Thursday, August 8th.
On average, analysts expect that Chuy’s will report full-year earnings of $0.92 per share for the current year, with EPS estimates ranging from $0.91 to $0.93. For the next year, analysts anticipate that the business will report earnings of $0.99 per share, with EPS estimates ranging from $0.94 to $1.06. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow Chuy’s.
Chuy’s (NASDAQ:CHUY) last released its quarterly earnings data on Tuesday, May 7th. The restaurant operator reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.02. Chuy’s had a net margin of 1.37% and a return on equity of 7.89%. The business had revenue of $102.10 million for the quarter, compared to analyst estimates of $101.84 million. During the same quarter last year, the firm earned $0.19 EPS. Chuy’s’s quarterly revenue was up 8.7% compared to the same quarter last year.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. First Trust Advisors LP grew its position in Chuy’s by 18.7% in the 4th quarter. First Trust Advisors LP now owns 30,555 shares of the restaurant operator’s stock worth $542,000 after purchasing an additional 4,815 shares during the last quarter. BlackRock Inc. grew its position in Chuy’s by 3.0% in the 4th quarter. BlackRock Inc. now owns 2,527,198 shares of the restaurant operator’s stock worth $44,832,000 after purchasing an additional 74,094 shares during the last quarter. Citigroup Inc. grew its position in Chuy’s by 26.8% in the 4th quarter. Citigroup Inc. now owns 10,235 shares of the restaurant operator’s stock worth $181,000 after purchasing an additional 2,166 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Chuy’s by 0.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,016,579 shares of the restaurant operator’s stock worth $18,034,000 after purchasing an additional 2,585 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Chuy’s by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 188,447 shares of the restaurant operator’s stock worth $3,343,000 after purchasing an additional 8,817 shares during the last quarter.
Chuy’s stock traded down $0.47 during midday trading on Wednesday, hitting $23.69. 2,611 shares of the stock were exchanged, compared to its average volume of 95,455. The firm has a fifty day moving average price of $22.47. Chuy’s has a 52 week low of $17.03 and a 52 week high of $32.35. The stock has a market capitalization of $390.92 million, a PE ratio of 26.89, a PEG ratio of 1.44 and a beta of 0.22. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.54 and a quick ratio of 0.49.
Chuy’s Company Profile
Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in Texas and 19 states in the Southeastern and Midwestern United States. As of December 30, 2018, it operated 100 restaurants. The company was founded in 1982 and is headquartered in Austin, Texas.
See Also: Diluted Earnings Per Share
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Chuy's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chuy's and related companies with MarketBeat.com's FREE daily email newsletter.