Super Hi International (NASDAQ:HDL) Hits New 12-Month Low Following Weak Earnings

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s share price hit a new 52-week low during trading on Monday following a weaker than expected earnings announcement. The company traded as low as $13.11 and last traded at $13.74, with a volume of 500 shares traded. The stock had previously closed at $14.41.

The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.16). Super Hi International had a return on equity of 9.61% and a net margin of 4.33%.The firm had revenue of $225.93 million for the quarter, compared to analyst estimates of $215.58 million.

Wall Street Analyst Weigh In

HDL has been the subject of several recent research reports. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a report on Friday, March 27th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Jane Street Group LLC grew its stake 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 during the period. XY Capital Ltd grew its stake in Super Hi International by 11.3% in the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock valued at $194,000 after purchasing an additional 1,348 shares during the period. Finally, Bank of America Corp DE bought a new position in Super Hi International in the 4th quarter valued at $52,000.

Super Hi International Price Performance

The stock has a market cap of $894.16 million, a P/E ratio of 19.64 and a beta of -0.15. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.15 and a current ratio of 2.41. The business has a 50 day simple moving average of $14.69 and a 200-day simple moving average of $16.19.

Super Hi International Company Profile

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.