Super Hi International (NASDAQ:HDL) Stock Rating Upgraded by Zacks Research

Super Hi International (NASDAQ:HDL) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce”.

Super Hi International Price Performance

Shares of NASDAQ HDL opened at $13.23 on Thursday. The firm has a market cap of $860.09 million, a P/E ratio of 22.04 and a beta of -0.10. Super Hi International has a twelve month low of $12.00 and a twelve month high of $21.21. The company has a quick ratio of 2.28, a current ratio of 2.54 and a debt-to-equity ratio of 0.45. The company has a 50 day moving average of $12.94 and a 200 day moving average of $14.62.

Super Hi International (NASDAQ:HDL) last issued its earnings results on Friday, May 15th. 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 3.29% and a return on equity of 7.38%. The business had revenue of $225.93 million for the quarter, compared to analysts’ expectations of $215.58 million. As a group, research analysts expect that Super Hi International will post 0.66 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Hi International

A number of large investors have recently added to or reduced their stakes in the stock. XY Capital Ltd lifted its holdings in shares of Super Hi International by 11.3% during the 1st quarter. XY Capital Ltd now owns 13,303 shares of the company’s stock valued at $194,000 after buying an additional 1,348 shares during the period. Bank of America Corp DE purchased a new stake in Super Hi International during the fourth quarter valued at $52,000. Finally, Jane Street Group LLC lifted its holdings in Super Hi International by 26.5% in the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after acquiring an additional 4,457 shares during the period.

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.