Super Hi International (NASDAQ:HDL) Upgraded to “Hold” at Zacks Research

Zacks Research upgraded shares of Super Hi International (NASDAQ:HDL) from a strong sell rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Super Hi International in a research note on Wednesday, October 8th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Super Hi International Stock Performance

NASDAQ:HDL opened at $17.09 on Monday. Super Hi International has a 1 year low of $15.54 and a 1 year high of $30.00. The firm has a 50 day moving average of $18.44 and a 200-day moving average of $19.66. The stock has a market capitalization of $1.11 billion, a P/E ratio of 18.98 and a beta of -0.58. The company has a current ratio of 2.53, a quick ratio of 2.26 and a debt-to-equity ratio of 0.46.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings results on Tuesday, August 26th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.20 by $0.10. Super Hi International had a net margin of 6.81% and a return on equity of 14.94%. The company had revenue of $198.95 million during the quarter. As a group, sell-side analysts anticipate that Super Hi International will post 0.67 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Super Hi International stock. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,030 shares of the company’s stock, valued at approximately $157,000.

About Super Hi International

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.