Super Hi International (NASDAQ:HDL) Sets New 12-Month Low After Earnings Miss

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) reached a new 52-week low during mid-day 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 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.16). Super Hi International had a net margin of 4.33% and a return on equity of 9.61%. The firm had revenue of $225.93 million during the quarter, compared to the consensus estimate of $215.58 million.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research report on Friday, March 27th. Zacks Research raised Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Super Hi International

Hedge funds have recently made changes to their positions in the stock. XY Capital Ltd purchased a new position in shares of Super Hi International in the 3rd quarter worth about $186,000. Jane Street Group LLC boosted its holdings in shares of Super Hi International by 26.5% in the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after purchasing an additional 4,457 shares in the last quarter. Finally, Bank of America Corp DE purchased a new position in shares of Super Hi International in the 4th quarter worth about $52,000.

Super Hi International Stock Performance

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 moving average price of $14.69 and a two-hundred day moving average price of $16.19. The company has a market cap of $894.16 million, a P/E ratio of 19.64 and a beta of -0.15.

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.