Analysts forecast that Habit Restaurants Inc (NASDAQ:HABT) will announce ($0.02) earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Habit Restaurants’ earnings, with the lowest EPS estimate coming in at ($0.02) and the highest estimate coming in at ($0.01). The firm is expected to announce its next earnings results on Wednesday, February 27th.
According to Zacks, analysts expect that Habit Restaurants will report full year earnings of $0.13 per share for the current fiscal year, with EPS estimates ranging from $0.12 to $0.13. For the next fiscal year, analysts anticipate that the business will report earnings of $0.09 per share, with EPS estimates ranging from $0.01 to $0.18. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow Habit Restaurants.
Several analysts have weighed in on the company. BidaskClub lowered Habit Restaurants from a “hold” rating to a “sell” rating in a report on Saturday, February 2nd. ValuEngine lowered Habit Restaurants from a “buy” rating to a “hold” rating in a report on Tuesday, January 22nd. Zacks Investment Research raised Habit Restaurants from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Thursday, November 1st. Stephens upped their target price on Habit Restaurants from $14.00 to $16.00 and gave the company an “equal weight” rating in a report on Wednesday, October 31st. Finally, Maxim Group raised Habit Restaurants from a “hold” rating to a “buy” rating and lowered their target price for the company from $19.00 to $15.00 in a report on Wednesday, October 31st. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. Habit Restaurants presently has a consensus rating of “Hold” and an average price target of $15.00.
Habit Restaurants stock traded up $0.38 during trading hours on Monday, hitting $10.69. The stock had a trading volume of 163,444 shares, compared to its average volume of 222,725. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 0.99. The firm has a market capitalization of $268.58 million, a price-to-earnings ratio of 66.81, a price-to-earnings-growth ratio of 5.60 and a beta of 1.07. Habit Restaurants has a 1-year low of $8.20 and a 1-year high of $18.30.
Institutional investors have recently bought and sold shares of the business. Jane Street Group LLC acquired a new stake in shares of Habit Restaurants during the third quarter valued at $187,000. MetLife Investment Advisors LLC acquired a new stake in shares of Habit Restaurants during the third quarter valued at $249,000. Algert Global LLC acquired a new stake in shares of Habit Restaurants during the fourth quarter valued at $279,000. Rhumbline Advisers boosted its stake in shares of Habit Restaurants by 43.9% during the fourth quarter. Rhumbline Advisers now owns 29,000 shares of the restaurant operator’s stock valued at $304,000 after acquiring an additional 8,846 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Habit Restaurants during the third quarter valued at $430,000. 62.67% of the stock is currently owned by institutional investors.
Habit Restaurants Company Profile
The Habit Restaurants, Inc, a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts.
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