Fintel reports that on July 20, 2023, Jefferies maintained coverage of Chuy`s Holdings (NASDAQ:CHUY) with a Buy recommendation.
Analyst Price Forecast Suggests 1.53% Downside
As of July 6, 2023, the average one-year price target for Chuy`s Holdings is 41.31. The forecasts range from a low of 37.37 to a high of $48.30. The average price target represents a decrease of 1.53% from its latest reported closing price of 41.95.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Chuy`s Holdings is 467MM, an increase of 7.55%. The projected annual non-GAAP EPS is 1.49.
What is the Fund Sentiment?
There are 400 funds or institutions reporting positions in Chuy`s Holdings. This is a decrease of 1 owner(s) or 0.25% in the last quarter. Average portfolio weight of all funds dedicated to CHUY is 0.11%, a decrease of 61.21%. Total shares owned by institutions decreased in the last three months by 0.28% to 21,997K shares. 
The put/call ratio of CHUY is 0.66, indicating a bullish outlook.
What are Other Shareholders Doing?
T. Rowe Price Investment Management holds 2,966K shares representing 16.37% ownership of the company. In it's prior filing, the firm reported owning 2,706K shares, representing an increase of 8.74%. The firm increased its portfolio allocation in CHUY by 29.71% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 1,312K shares representing 7.24% ownership of the company. In it's prior filing, the firm reported owning 1,334K shares, representing a decrease of 1.62%. The firm increased its portfolio allocation in CHUY by 21.12% over the last quarter.
OTCFX - T. Rowe Price Small-Cap Stock Fund holds 1,197K shares representing 6.61% ownership of the company. In it's prior filing, the firm reported owning 1,101K shares, representing an increase of 8.08%. The firm increased its portfolio allocation in CHUY by 32.68% over the last quarter.
Macquarie Group holds 938K shares representing 5.18% ownership of the company. In it's prior filing, the firm reported owning 939K shares, representing a decrease of 0.08%. The firm increased its portfolio allocation in CHUY by 27.32% over the last quarter.
Westwood Holdings Group holds 925K shares representing 5.10% ownership of the company. In it's prior filing, the firm reported owning 1,141K shares, representing a decrease of 23.33%. The firm increased its portfolio allocation in CHUY by 4.95% over the last quarter.
Chuy`s Holdings Background Information
(This description is provided by the company.)
Founded in Austin, Texas in 1982, Chuy's owns and operates full-service restaurants across 17 states serving a distinct menu of authentic, made from scratch Tex-Mex inspired dishes. Chuy's highly flavorful and freshly prepared fare is served in a fun, eclectic and irreverent atmosphere, while each location offers a unique, 'unchained' look and feel, as expressed by the concept's motto 'If you've seen one Chuy's, you've seen one Chuy's!'
Additional reading:
- EXECUTION VERSION AMENDMENT NO. 1 TO CREDIT AGREEMENT (Benchmark Replacement Conforming Changes) Dated as of June 30, 2023 THIS AMENDMENT NO. 1 TO CREDIT AGREEMENT (this “Amendment”) is made as of June 30, 2023 by JPMorgan Chase Bank, N.A., as Admini
- Chuy’s Holdings, Inc. Announces First Quarter 2023 Financial Results
- Subsidiary Jurisdiction of Incorporation Chuy's Opco, Inc. Delaware Chuy's Kansas, LLC Kansas Chuy's Marketing Services, LLC Indiana
- Chuy’s Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results
- Page 8 of 12
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
