Shares of Habit Restaurants Inc (NASDAQ:HABT) have earned an average rating of “Hold” from the twelve research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $14.25.
Several research analysts recently issued reports on the stock. TheStreet upgraded shares of Habit Restaurants from a “d” rating to a “c-” rating in a research report on Monday, November 20th. Wedbush lowered shares of Habit Restaurants from an “outperform” rating to a “neutral” rating and cut their price target for the company from $19.00 to $14.00 in a research report on Tuesday, September 26th. Robert W. Baird lowered shares of Habit Restaurants from an “outperform” rating to a “neutral” rating and cut their price target for the company from $20.00 to $12.00 in a research report on Thursday, November 2nd. Raymond James Financial restated a “market perform” rating on shares of Habit Restaurants in a research report on Thursday, November 2nd. Finally, ValuEngine lowered shares of Habit Restaurants from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st.
Habit Restaurants (HABT) opened at $9.40 on Friday. Habit Restaurants has a 1 year low of $8.75 and a 1 year high of $19.75. The stock has a market cap of $244.64, a price-to-earnings ratio of 40.87, a P/E/G ratio of 3.82 and a beta of 0.88. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.43 and a quick ratio of 1.39.
Habit Restaurants (NASDAQ:HABT) last announced its earnings results on Wednesday, November 1st. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.02). Habit Restaurants had a return on equity of 4.09% and a net margin of 1.46%. The company had revenue of $84.60 million during the quarter, compared to analysts’ expectations of $85.77 million. During the same quarter last year, the firm posted $0.05 earnings per share. The firm’s revenue was up 17.7% on a year-over-year basis. analysts predict that Habit Restaurants will post 0.14 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Grandeur Peak Global Advisors LLC bought a new position in shares of Habit Restaurants during the third quarter valued at about $141,000. Teton Advisors Inc. bought a new position in shares of Habit Restaurants during the third quarter valued at about $142,000. OxFORD Asset Management LLP bought a new position in shares of Habit Restaurants during the second quarter valued at about $168,000. Nationwide Fund Advisors raised its stake in shares of Habit Restaurants by 52.6% during the second quarter. Nationwide Fund Advisors now owns 11,456 shares of the restaurant operator’s stock valued at $181,000 after acquiring an additional 3,949 shares during the last quarter. Finally, Schroder Investment Management Group bought a new position in shares of Habit Restaurants during the third quarter valued at about $206,000. Institutional investors and hedge funds own 76.32% of the company’s stock.
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About Habit Restaurants
The Habit Restaurants, Inc (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers sides, shakes and malts.
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