Shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY – Get Rating) have received an average rating of “Moderate Buy” from the six brokerages that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $35.50.
Several analysts have issued reports on the stock. CL King assumed coverage on shares of Chuy’s in a report on Tuesday, December 20th. They issued a “neutral” rating on the stock. Robert W. Baird raised their price target on Chuy’s from $28.00 to $34.00 and gave the stock a “neutral” rating in a research report on Friday, February 17th. Wedbush upped their price objective on Chuy’s from $37.00 to $41.00 and gave the company an “outperform” rating in a research report on Friday, February 17th. StockNews.com assumed coverage on shares of Chuy’s in a research note on Thursday. They issued a “buy” rating for the company. Finally, Stephens lifted their price target on shares of Chuy’s from $33.00 to $37.00 and gave the stock an “overweight” rating in a report on Friday, February 17th.
Chuy’s Trading Up 2.5 %
CHUY stock opened at $35.75 on Friday. The company has a market cap of $643.50 million, a price-to-earnings ratio of 32.21 and a beta of 1.73. The firm has a 50 day moving average of $34.29 and a 200-day moving average of $29.78. Chuy’s has a 12-month low of $18.64 and a 12-month high of $39.96.
Hedge Funds Weigh In On Chuy’s
Large investors have recently bought and sold shares of the stock. BlackRock Inc. grew its stake in Chuy’s by 2.3% during 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 period. T. Rowe Price Investment Management Inc. raised 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 valued at $76,589,000 after purchasing an additional 10,774 shares during the period. Macquarie Group Ltd. lifted its stake in shares of Chuy’s by 4.3% during the second quarter. Macquarie Group Ltd. now owns 936,022 shares of the restaurant operator’s stock worth $18,646,000 after purchasing an additional 38,718 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Chuy’s by 2.6% in the first quarter. Dimensional Fund Advisors LP now owns 870,044 shares of the restaurant operator’s stock worth $23,491,000 after buying an additional 21,917 shares during the period. Finally, State Street Corp grew its stake in shares of Chuy’s by 0.3% in the second quarter. State Street Corp now owns 674,959 shares of the restaurant operator’s stock valued at $13,445,000 after buying an additional 2,072 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.
Chuy’s Company Profile
Chuy’s Holdings, Inc engages in the ownership and operation of full-service restaurants serving a distinct menu of authentic Mexican and Tex-Mex inspired food. Its menu includes enchiladas, fajitas, rellenos, tacos, burritos, combination platters and daily specials, complemented by a variety of appetizers, soups, and salads.
- Get a free copy of the StockNews.com research report on Chuy’s (CHUY)
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