Equities research analysts expect Chuy’s Holdings Inc (NASDAQ:CHUY) to report sales of $108.59 million for the current quarter, Zacks reports. Five analysts have issued estimates for Chuy’s’ earnings, with estimates ranging from $108.09 million to $109.24 million. Chuy’s posted sales of $101.18 million during the same quarter last year, which suggests a positive year-over-year growth rate of 7.3%. The company is scheduled to issue its next earnings report on Tuesday, November 5th.

On average, analysts expect that Chuy’s will report full year sales of $427.42 million for the current fiscal year, with estimates ranging from $425.75 million to $429.85 million. For the next year, analysts forecast that the company will post sales of $458.67 million, with estimates ranging from $456.99 million to $461.21 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that follow Chuy’s.

Chuy’s (NASDAQ:CHUY) last announced its quarterly earnings results on Thursday, August 8th. The restaurant operator reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.05. Chuy’s had a return on equity of 8.21% and a net margin of 1.30%. The company had revenue of $113.10 million during the quarter, compared to analysts’ expectations of $111.77 million. During the same period last year, the business earned $0.38 earnings per share. Chuy’s’s quarterly revenue was up 6.4% on a year-over-year basis.

CHUY has been the topic of a number of research analyst reports. Wedbush reaffirmed a “hold” rating and issued a $24.00 price target on shares of Chuy’s in a research note on Friday, August 9th. BidaskClub raised Chuy’s from a “hold” rating to a “buy” rating in a research note on Tuesday, August 6th. ValuEngine raised Chuy’s from a “sell” rating to a “hold” rating in a research note on Tuesday, June 18th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $26.00 price target (up from $23.00) on shares of Chuy’s in a research note on Friday, August 9th. Finally, BMO Capital Markets lifted their price target on Chuy’s from $18.00 to $19.00 and gave the stock an “underperform” rating in a research note on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $26.00.

Shares of NASDAQ:CHUY traded up $0.05 during trading on Friday, reaching $24.64. The stock had a trading volume of 1,618 shares, compared to its average volume of 171,922. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.52 and a current ratio of 0.57. The business has a fifty day moving average price of $23.59 and a 200-day moving average price of $22.37. The stock has a market cap of $405.45 million, a PE ratio of 28.08, a PEG ratio of 1.52 and a beta of 0.15. Chuy’s has a 1-year low of $17.03 and a 1-year high of $29.95.

A number of large investors have recently bought and sold shares of CHUY. Wasatch Advisors Inc. raised its holdings in shares of Chuy’s by 5.0% in the 2nd quarter. Wasatch Advisors Inc. now owns 1,806,754 shares of the restaurant operator’s stock valued at $41,411,000 after buying an additional 86,122 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of 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 valued at $18,034,000 after purchasing an additional 2,585 shares during the period. GW&K Investment Management LLC raised its stake in Chuy’s by 8.3% during the 2nd quarter. GW&K Investment Management LLC now owns 587,862 shares of the restaurant operator’s stock valued at $13,474,000 after acquiring an additional 44,817 shares during the last quarter. Clearbridge Investments LLC raised its stake in Chuy’s by 3.4% during the 1st quarter. Clearbridge Investments LLC now owns 582,180 shares of the restaurant operator’s stock valued at $13,256,000 after acquiring an additional 19,160 shares during the last quarter. Finally, Emerald Advisers LLC raised its stake in Chuy’s by 5.2% during the 1st quarter. Emerald Advisers LLC now owns 435,072 shares of the restaurant operator’s stock valued at $9,907,000 after acquiring an additional 21,655 shares during the last quarter.

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: Moving Average (MA)

Get a free copy of the Zacks research report on Chuy’s (CHUY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

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.