Brokerages forecast that Chuy’s Holdings, Inc. (NASDAQ:CHUY) will post $93.91 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Chuy’s Holdings’ earnings, with the lowest sales estimate coming in at $92.24 million and the highest estimate coming in at $96.32 million. Chuy’s Holdings reported sales of $85.60 million during the same quarter last year, which indicates a positive year over year growth rate of 9.7%. The firm is scheduled to report its next earnings results on Tuesday, November 7th.

On average, analysts expect that Chuy’s Holdings will report full-year sales of $93.91 million for the current year, with estimates ranging from $368.76 million to $377.06 million. For the next financial year, analysts expect that the firm will post sales of $410.92 million per share, with estimates ranging from $407.44 million to $417.37 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Chuy’s Holdings.

A number of equities research analysts have issued reports on the company. Zacks Investment Research raised Chuy’s Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. Stephens reduced their price target on Chuy’s Holdings from $35.00 to $32.00 and set an “overweight” rating on the stock in a research report on Thursday, July 6th. TheStreet lowered Chuy’s Holdings from a “b-” rating to a “c” rating in a research report on Tuesday, June 20th. Raymond James Financial, Inc. raised Chuy’s Holdings from a “market perform” rating to an “outperform” rating and set a $29.00 price target on the stock in a research report on Monday, July 17th. Finally, Wells Fargo & Company lowered Chuy’s Holdings from an “outperform” rating to a “market perform” rating and set a $31.00 price target on the stock. in a research report on Friday, May 19th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $27.88.

Large investors have recently modified their holdings of the company. Mesirow Financial Investment Management Inc. acquired a new stake in shares of Chuy’s Holdings during the second quarter valued at $451,000. Wasatch Advisors Inc. raised its stake in shares of Chuy’s Holdings by 31.2% in the second quarter. Wasatch Advisors Inc. now owns 1,393,110 shares of the restaurant operator’s stock valued at $32,599,000 after buying an additional 331,599 shares during the period. Public Employees Retirement System of Ohio raised its stake in shares of Chuy’s Holdings by 73.8% in the second quarter. Public Employees Retirement System of Ohio now owns 67,146 shares of the restaurant operator’s stock valued at $1,571,000 after buying an additional 28,503 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Chuy’s Holdings by 347.3% in the second quarter. The Manufacturers Life Insurance Company now owns 57,452 shares of the restaurant operator’s stock valued at $1,345,000 after buying an additional 44,607 shares during the period. Finally, State Street Corp raised its stake in shares of Chuy’s Holdings by 5.0% in the second quarter. State Street Corp now owns 391,381 shares of the restaurant operator’s stock valued at $9,159,000 after buying an additional 18,708 shares during the period. 99.85% of the stock is currently owned by institutional investors and hedge funds.

Shares of Chuy’s Holdings (CHUY) opened at 20.05 on Monday. The company’s 50-day moving average is $22.26 and its 200 day moving average is $26.47. Chuy’s Holdings has a 12 month low of $19.62 and a 12 month high of $35.30. The stock has a market capitalization of $338.95 million, a P/E ratio of 20.23 and a beta of 0.01.

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Chuy’s Holdings Company Profile

Chuy’s Holdings, Inc operates Chuy’s, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. As of December 25, 2016, the Company operated 80 Chuy’s restaurants across 16 states. The Company offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups and salads.

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Earnings History and Estimates for Chuy`s Holdings (NASDAQ:CHUY)

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