Habit Restaurants Inc. (NASDAQ:HABT) has received a consensus rating of “Buy” from the ten brokerages that are presently covering the stock. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $28.00.
A number of equities research analysts recently issued reports on HABT shares. Zacks Investment Research upgraded shares of Habit Restaurants from a “sell” rating to a “hold” rating in a research report on Thursday, September 29th. Wedbush dropped their target price on shares of Habit Restaurants from $25.00 to $21.00 and set an “outperform” rating for the company in a research report on Thursday, August 4th. Finally, Robert W. Baird reiterated an “outperform” rating on shares of Habit Restaurants in a research report on Thursday, September 8th.
Several large investors have recently modified their holdings of the company. BlackRock Advisors LLC boosted its stake in shares of Habit Restaurants by 14.2% in the second quarter. BlackRock Advisors LLC now owns 7,098 shares of the company’s stock valued at $116,000 after buying an additional 884 shares in the last quarter. Nationwide Fund Advisors boosted its stake in shares of Habit Restaurants by 7.5% in the second quarter. Nationwide Fund Advisors now owns 8,248 shares of the company’s stock valued at $135,000 after buying an additional 578 shares in the last quarter. Stifel Financial Corp acquired a new stake in shares of Habit Restaurants during the second quarter valued at approximately $172,000. Quantbot Technologies LP acquired a new stake in shares of Habit Restaurants during the second quarter valued at approximately $182,000. Finally, FMR LLC acquired a new stake in shares of Habit Restaurants during the second quarter valued at approximately $200,000. Institutional investors own 85.77% of the company’s stock.
Shares of Habit Restaurants (NASDAQ:HABT) opened at 13.74 on Thursday. Habit Restaurants has a 12 month low of $13.48 and a 12 month high of $28.07. The company has a 50 day moving average of $14.63 and a 200 day moving average of $16.38. The stock has a market cap of $246.94 million, a P/E ratio of 50.33 and a beta of 1.07.
Habit Restaurants (NASDAQ:HABT) last announced its earnings results on Wednesday, August 3rd. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $71.10 million for the quarter, compared to analyst estimates of $71.09 million. Habit Restaurants had a return on equity of 5.72% and a net margin of 1.55%. The company’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.09 EPS. Equities research analysts expect that Habit Restaurants will post $0.29 earnings per share for the current fiscal year.
Habit Restaurants Company Profile
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 salads, sides, shakes and malts.
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