Chuy’s (CHUY) – Research Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Chuy’s (NASDAQ: CHUY) recently:

  • 3/1/2024 – Chuy’s was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
  • 2/23/2024 – Chuy’s had its price target lowered by analysts at Wedbush from $41.00 to $38.00. They now have an “outperform” rating on the stock.
  • 2/23/2024 – Chuy’s had its price target lowered by analysts at Piper Sandler from $39.00 to $35.00. They now have a “neutral” rating on the stock.
  • 2/19/2024 – Chuy’s was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.

Chuy’s Stock Down 0.0 %

CHUY stock opened at $33.83 on Friday. The firm has a market capitalization of $586.95 million, a PE ratio of 19.44 and a beta of 1.65. The stock’s 50 day moving average is $34.86 and its 200-day moving average is $35.26. Chuy’s Holdings, Inc. has a twelve month low of $31.60 and a twelve month high of $43.17.

Chuy’s (NASDAQ:CHUYGet Free Report) last issued its quarterly earnings results on Thursday, February 22nd. The restaurant operator reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. The company had revenue of $116.30 million during the quarter, compared to the consensus estimate of $116.63 million. Chuy’s had a return on equity of 13.89% and a net margin of 6.83%. Chuy’s’s revenue was up 11.7% on a year-over-year basis. During the same period last year, the business posted $0.27 earnings per share. On average, equities research analysts anticipate that Chuy’s Holdings, Inc. will post 1.85 earnings per share for the current fiscal year.

Institutional Trading of Chuy’s

A number of large investors have recently bought and sold shares of the company. BlackRock Inc. increased its position in Chuy’s by 2.3% in the first quarter. BlackRock Inc. now owns 3,238,429 shares of the restaurant operator’s stock worth $87,438,000 after buying an additional 73,665 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its position in Chuy’s by 0.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,706,310 shares of the restaurant operator’s stock worth $76,589,000 after buying an additional 10,774 shares during the last quarter. Vanguard Group Inc. increased its position in Chuy’s by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 1,265,718 shares of the restaurant operator’s stock worth $48,388,000 after buying an additional 25,512 shares during the last quarter. Macquarie Group Ltd. grew its position in shares of Chuy’s by 4.3% in the second quarter. Macquarie Group Ltd. now owns 936,022 shares of the restaurant operator’s stock valued at $18,646,000 after purchasing an additional 38,718 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Chuy’s by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 904,707 shares of the restaurant operator’s stock valued at $32,433,000 after purchasing an additional 14,839 shares in the last quarter. 99.92% of the stock is owned by hedge funds and other institutional investors.

Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in the United States. The company was founded in 1982 and is headquartered in Austin, Texas.

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