Chuy’s Holdings Inc (NASDAQ: CHUY) has reported earnings for its first fiscal quarter (ending March 31) of $0.40 versus $0.46 for the same period a year ago — a decline of -13%. This result fell short of the consensus estimate of $0.41 by $-0.01. For the latest four quarters through March 31, E.P.S. were $1.71 versus $1.29 for the same period a year ago — an increase of 33%.
Recent Price Action
On 5/9/24, Chuy’s Holdings Inc (NASDAQ: CHUY) stock increased 1.9%, closing at $29.72. Moreover, above average trading volume at 121% of normal accompanied the advance. The stock has risen 2.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CHUY is expected to continue to be a Value Builder.
Chuy’s Holdings has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Chuy’s Holdings has a slightly negative Appreciation Score of 37 and a poor Power Rating of 28, leading to the Negative Value Trend Rating.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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