Analysts predict that Chuy's Holdings Inc (NASDAQ:CHUY) will post earnings of $0.25 per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Chuy's’ earnings, with estimates ranging from $0.17 to $0.31. Chuy's posted earnings of $0.27 per share during the same quarter last year, which would suggest a negative year over year growth rate of 7.4%. The firm is expected to report its next quarterly earnings results on Thursday, May 3rd.
On average, analysts expect that Chuy's will report full-year earnings of $1.15 per share for the current financial year, with EPS estimates ranging from $1.10 to $1.24. For the next financial year, analysts forecast that the company will report earnings of $1.23 per share, with EPS estimates ranging from $1.18 to $1.27. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that follow Chuy's.
Chuy's (NASDAQ:CHUY) last issued its quarterly earnings data on Thursday, March 8th. The restaurant operator reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.01). The company had revenue of $96.02 million for the quarter, compared to analyst estimates of $95.80 million. Chuy's had a return on equity of 9.86% and a net margin of 7.83%. The company’s revenue was up 21.5% on a year-over-year basis. During the same quarter last year, the business earned $0.18 earnings per share.
Several institutional investors and hedge funds have recently made changes to their positions in CHUY. TIAA CREF Investment Management LLC increased its holdings in shares of Chuy's by 4.1% during the second quarter. TIAA CREF Investment Management LLC now owns 44,659 shares of the restaurant operator’s stock worth $1,045,000 after purchasing an additional 1,778 shares during the period. Northern Trust Corp increased its holdings in shares of Chuy's by 3.4% during the second quarter. Northern Trust Corp now owns 239,312 shares of the restaurant operator’s stock worth $5,600,000 after purchasing an additional 7,795 shares during the period. Vanguard Group Inc. increased its holdings in shares of Chuy's by 5.3% during the second quarter. Vanguard Group Inc. now owns 941,354 shares of the restaurant operator’s stock worth $22,027,000 after purchasing an additional 47,580 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Chuy's by 18.9% during the second quarter. Dimensional Fund Advisors LP now owns 808,766 shares of the restaurant operator’s stock worth $18,925,000 after purchasing an additional 128,526 shares during the period. Finally, Voya Investment Management LLC increased its holdings in shares of Chuy's by 15.1% during the second quarter. Voya Investment Management LLC now owns 9,004 shares of the restaurant operator’s stock worth $211,000 after purchasing an additional 1,178 shares during the period. 95.55% of the stock is currently owned by institutional investors.
Shares of Chuy's (NASDAQ CHUY) opened at $26.10 on Friday. The stock has a market cap of $439.76, a P/E ratio of 27.08, a price-to-earnings-growth ratio of 1.42 and a beta of -0.28. Chuy's has a 1 year low of $18.00 and a 1 year high of $32.10.
TRADEMARK VIOLATION NOTICE: “Zacks: Brokerages Expect Chuy's Holdings Inc (CHUY) to Post $0.21 EPS” was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this article on another site, it was illegally copied and republished in violation of US and international copyright and trademark law. The correct version of this article can be viewed at https://sportsperspectives.com/2018/03/13/zacks-brokerages-expect-chuys-holdings-inc-chuy-to-post-0-21-eps.html.
Chuy's 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.
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.