Equities research analysts expect that Habit Restaurants Inc (NASDAQ:HABT) will announce earnings of ($0.01) per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Habit Restaurants’ earnings, with the lowest EPS estimate coming in at ($0.03) and the highest estimate coming in at $0.00. Habit Restaurants posted earnings per share of $0.07 during the same quarter last year, which indicates a negative year over year growth rate of 114.3%. The firm is expected to issue its next quarterly earnings report on Thursday, March 1st.
According to Zacks, analysts expect that Habit Restaurants will report full year earnings of $0.16 per share for the current fiscal year, with EPS estimates ranging from $0.13 to $0.21. For the next fiscal year, analysts expect that the business will post earnings of $0.13 per share, with EPS estimates ranging from ($0.05) to $0.27. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Habit Restaurants.
Habit Restaurants (NASDAQ:HABT) last issued its quarterly earnings results on Wednesday, November 1st. The restaurant operator reported $0.01 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.02). Habit Restaurants had a return on equity of 4.09% and a net margin of 1.46%. The company had revenue of $84.60 million for the quarter, compared to analyst estimates of $85.77 million. During the same period last year, the company posted $0.05 EPS. The business’s revenue for the quarter was up 17.7% on a year-over-year basis.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Schwab Charles Investment Management Inc. grew its stake in Habit Restaurants by 47.2% during the first quarter. Schwab Charles Investment Management Inc. now owns 63,182 shares of the restaurant operator’s stock worth $1,119,000 after buying an additional 20,270 shares during the period. Dimensional Fund Advisors LP grew its stake in Habit Restaurants by 207.8% during the first quarter. Dimensional Fund Advisors LP now owns 94,477 shares of the restaurant operator’s stock worth $1,672,000 after buying an additional 63,785 shares during the period. Renaissance Technologies LLC grew its stake in Habit Restaurants by 10.3% during the second quarter. Renaissance Technologies LLC now owns 1,012,700 shares of the restaurant operator’s stock worth $16,001,000 after buying an additional 94,300 shares during the period. Wells Fargo & Company MN grew its stake in Habit Restaurants by 4.8% during the second quarter. Wells Fargo & Company MN now owns 3,007,597 shares of the restaurant operator’s stock worth $47,521,000 after buying an additional 136,789 shares during the period. Finally, Elk Creek Partners LLC grew its stake in Habit Restaurants by 7.3% during the third quarter. Elk Creek Partners LLC now owns 676,336 shares of the restaurant operator’s stock worth $8,826,000 after buying an additional 45,808 shares during the period. Institutional investors own 76.32% of the company’s stock.
Shares of Habit Restaurants (NASDAQ HABT) traded up $0.30 during mid-day trading on Wednesday, reaching $10.15. 581,282 shares of the company traded hands, compared to its average volume of 369,131. Habit Restaurants has a 1 year low of $8.85 and a 1 year high of $19.75. The company has a quick ratio of 1.39, a current ratio of 1.43 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $256.34, a price-to-earnings ratio of 42.83, a price-to-earnings-growth ratio of 2.61 and a beta of 0.87.
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About Habit Restaurants
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 sides, shakes and malts.
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