Shares of Habit Restaurants Inc (NASDAQ:HABT) have been assigned a consensus recommendation of “Hold” from the twelve ratings firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $14.25.
Several analysts have recently weighed in on HABT shares. Zacks Investment Research raised Habit Restaurants from a “sell” rating to a “hold” rating in a report on Thursday, January 4th. Maxim Group started coverage on Habit Restaurants in a report on Wednesday, December 13th. They issued a “buy” rating and a $13.00 target price for the company. Wedbush reissued a “hold” rating and issued a $11.00 target price on shares of Habit Restaurants in a report on Thursday, November 2nd. ValuEngine downgraded Habit Restaurants from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Finally, Raymond James Financial reissued a “market perform” rating on shares of Habit Restaurants in a report on Thursday, November 2nd.
A number of hedge funds have recently modified their holdings of HABT. Tower Research Capital LLC TRC increased its position in Habit Restaurants by 3,981.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,061 shares of the restaurant operator’s stock worth $106,000 after purchasing an additional 10,790 shares during the period. Grandeur Peak Global Advisors LLC acquired a new position in Habit Restaurants during the 3rd quarter worth approximately $141,000. Teton Advisors Inc. acquired a new position in Habit Restaurants during the 3rd quarter worth approximately $142,000. OxFORD Asset Management LLP acquired a new position in Habit Restaurants during the 2nd quarter worth approximately $168,000. Finally, Nationwide Fund Advisors increased its position in Habit Restaurants by 52.6% during the 2nd quarter. Nationwide Fund Advisors now owns 11,456 shares of the restaurant operator’s stock worth $181,000 after purchasing an additional 3,949 shares during the period. Hedge funds and other institutional investors own 76.01% of the company’s stock.
Shares of Habit Restaurants (NASDAQ:HABT) traded up $0.15 during midday trading on Tuesday, reaching $8.55. The company’s stock had a trading volume of 315,434 shares, compared to its average volume of 351,354. The stock has a market cap of $222.51, a P/E ratio of 37.18, a price-to-earnings-growth ratio of 3.42 and a beta of 0.73. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.43 and a quick ratio of 1.39. Habit Restaurants has a 12 month low of $8.10 and a 12 month high of $19.75.
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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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