Zacks: Analysts Expect Habit Restaurants Inc (HABT) Will Post Earnings of -$0.02 Per Share

Equities research analysts predict that Habit Restaurants Inc (NASDAQ:HABT) will announce earnings of ($0.02) per share for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Habit Restaurants’ earnings. The lowest EPS estimate is ($0.02) and the highest is ($0.01). The business is scheduled to announce its next quarterly earnings results on Wednesday, February 27th.

According to Zacks, analysts expect that Habit Restaurants will report full-year earnings of $0.13 per share for the current fiscal year, with EPS estimates ranging from $0.12 to $0.13. For the next year, analysts forecast that the company will report earnings of $0.09 per share, with EPS estimates ranging from $0.01 to $0.18. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Habit Restaurants.

A number of research firms recently issued reports on HABT. BidaskClub raised shares of Habit Restaurants from a “sell” rating to a “hold” rating in a research note on Tuesday, October 16th. Zacks Investment Research raised shares of Habit Restaurants from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a research note on Thursday, November 1st. Stephens lifted their price target on shares of Habit Restaurants from $14.00 to $16.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 31st. Maxim Group raised shares of Habit Restaurants from a “hold” rating to a “buy” rating and dropped their price target for the company from $19.00 to $15.00 in a research note on Wednesday, October 31st. Finally, ValuEngine raised shares of Habit Restaurants from a “hold” rating to a “buy” rating in a research note on Tuesday, January 8th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $15.00.



Habit Restaurants stock traded up $0.38 during trading on Monday, reaching $10.69. The company had a trading volume of 163,444 shares, compared to its average volume of 222,725. Habit Restaurants has a 1-year low of $8.20 and a 1-year high of $18.30. The stock has a market capitalization of $268.58 million, a P/E ratio of 66.81, a P/E/G ratio of 5.60 and a beta of 1.07. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 0.99.

A number of hedge funds have recently made changes to their positions in HABT. Renaissance Technologies LLC lifted its holdings in Habit Restaurants by 39.5% in the 3rd quarter. Renaissance Technologies LLC now owns 1,244,900 shares of the restaurant operator’s stock valued at $19,856,000 after purchasing an additional 352,600 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Habit Restaurants by 38.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 856,697 shares of the restaurant operator’s stock valued at $8,567,000 after purchasing an additional 238,193 shares in the last quarter. Jefferies Group LLC lifted its holdings in Habit Restaurants by 646.9% in the 3rd quarter. Jefferies Group LLC now owns 274,938 shares of the restaurant operator’s stock valued at $4,385,000 after purchasing an additional 238,129 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Habit Restaurants by 405.9% in the 4th quarter. Acadian Asset Management LLC now owns 275,566 shares of the restaurant operator’s stock valued at $2,893,000 after purchasing an additional 221,097 shares in the last quarter. Finally, 361 Capital LLC purchased a new position in Habit Restaurants in the 4th quarter valued at $1,876,000. Institutional investors own 62.67% of the company’s stock.

Habit Restaurants Company Profile

The Habit Restaurants, Inc, a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts.

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