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 published on Thursday,Zacks.com reports.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Super Hi International in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Super Hi International has an average rating of “Reduce”.

Super Hi International Stock Down 5.5%

Shares of NASDAQ HDL opened at $13.23 on Thursday. The stock has a market capitalization of $860.09 million, a PE ratio of 22.04 and a beta of -0.10. The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45. The firm has a fifty day moving average of $12.94 and a 200-day moving average of $14.62. Super Hi International has a 52-week low of $12.00 and a 52-week high of $21.21.

Super Hi International (NASDAQ:HDL) last issued its earnings results on Friday, May 15th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.16). Super Hi International had a return on equity of 7.38% and a net margin of 3.29%.The firm had revenue of $225.93 million during the quarter, compared to analysts’ expectations of $215.58 million. On average, analysts anticipate that Super Hi International will post 0.66 EPS for the current year.

Hedge Funds Weigh In On Super Hi International

A number of hedge funds have recently made changes to their positions in the business. XY Capital Ltd lifted its holdings in shares of Super Hi International by 11.3% during the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock valued at $194,000 after acquiring an additional 1,348 shares in the last quarter. Jane Street Group LLC increased its holdings in Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after purchasing an additional 4,457 shares in the last quarter. Finally, Bank of America Corp DE acquired a new stake in Super Hi International in the 4th quarter valued at $52,000.

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.