Pro-Chuys Holdings Inc Institutional Investors Sentiment Runs High in 2018 Q1

July 27, 2018 - By Richard Slagle

Chuy's Holdings, Inc. (NASDAQ:CHUY) Logo

Sentiment for Chuys Holdings Inc (NASDAQ:CHUY)

Chuys Holdings Inc (NASDAQ:CHUY) institutional sentiment increased to 1.18 in 2018 Q1. Its up 0.20, from 0.98 in 2017Q4. The ratio has improved, as 53 hedge funds increased or opened new stock positions, while 45 trimmed and sold stock positions in Chuys Holdings Inc. The hedge funds in our partner’s database now own: 17.24 million shares, up from 16.72 million shares in 2017Q4. Also, the number of hedge funds holding Chuys Holdings Inc in their top 10 stock positions increased from 0 to 1 for an increase of 1. Sold All: 11 Reduced: 34 Increased: 41 New Position: 12.

ChuyÂ’s Holdings, Inc., through its subsidiary, ChuyÂ’s Opco, Inc., owns and operates restaurants under the ChuyÂ’s name in Texas and 16 states in the Southeastern and Midwestern United States. The company has market cap of $556.69 million. The companyÂ’s restaurants provide Mexican and Tex Mex inspired food. It has a 20.29 P/E ratio. As of February 28, 2017, it owned and operated 82 full-service restaurants in 16 states.

The stock increased 1.08% or $0.35 during the last trading session, reaching $32.85. About 59,533 shares traded. Chuy's Holdings, Inc. (NASDAQ:CHUY) has risen 4.32% since July 27, 2017 and is uptrending. It has underperformed by 8.25% the S&P500.

Analysts await Chuy's Holdings, Inc. (NASDAQ:CHUY) to report earnings on August, 9 after the close. They expect $0.37 earnings per share, up 19.35 % or $0.06 from last year’s $0.31 per share. CHUY’s profit will be $6.27 million for 22.20 P/E if the $0.37 EPS becomes a reality. After $0.19 actual earnings per share reported by Chuy's Holdings, Inc. for the previous quarter, Wall Street now forecasts 94.74 % EPS growth.

Broadview Advisors Llc holds 2.08% of its portfolio in Chuy's Holdings, Inc. for 484,332 shares. Granahan Investment Management Inc Ma owns 584,504 shares or 1.11% of their US portfolio. Moreover, Prescott Group Capital Management L.L.C. has 1.11% invested in the company for 194,000 shares. The Minnesota-based Summit Creek Advisors Llc has invested 1.05% in the stock. Thomson Horstmann & Bryant Inc, a Connecticut-based fund reported 228,515 shares.

Since January 1, 0001, it had 0 insider buys, and 4 sales for $2.09 million activity.

Chuy's Holdings, Inc. (NASDAQ:CHUY) Ratings Coverage

Ratings analysis reveals 0 of Chuy’s Holdings’s analysts are positive. Out of 4 Wall Street analysts rating Chuy’s Holdings, 0 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $22.0 while the high is $31. The stock’s average target of $29.33 is -10.72% below today’s ($32.85) share price. CHUY was included in 7 notes of analysts from March 8, 2018. BMO Capital Markets maintained the stock with “Market Perform” rating in Friday, March 9 report. The stock has “Hold” rating by Robert W. Baird on Thursday, March 8. Stifel Nicolaus maintained it with “Hold” rating and $26 target in Wednesday, April 18 report. The stock has “Market Perform” rating by BMO Capital Markets on Wednesday, May 9. The rating was downgraded by Raymond James to “Market Perform” on Tuesday, July 17. Stifel Nicolaus maintained Chuy's Holdings, Inc. (NASDAQ:CHUY) on Friday, March 9 with “Hold” rating. On Thursday, July 12 the stock rating was maintained by Stifel Nicolaus with “Hold”.

Another recent and important Chuy's Holdings, Inc. (NASDAQ:CHUY) news was published by Nasdaq.com which published an article titled: “Chuy’s Holdings, Inc. to Announce Second Quarter 2018 Results on August 9, 2018” on July 18, 2018.

Chuy's Holdings, Inc. (NASDAQ:CHUY) Institutional Positions Chart

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