Short interest for Chuy's Holdings gives investors a sense of the degree to which investors are betting on the decline of Chuy's Holdings's stock. Short interest data is updated every two weeks.

Chuy's Holdings Stock (NASDAQ:CHUY), Short Interest Report

Chuy's Holdings

Chuy's Holdings Inc operates Chuy's, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. It offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups, and salads. The company also offers a full-service bar in all of its restaurants providing its customers with a range of beverage offerings.

News

Price Target

Small Cap

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

CHUY

NVDA

PSTG

The Dow Jones gained more than 500 points to a new high for the year as investors assessed the recent PCE data. The Dow gained around 8.9% in November, snapping its three-month losing streak, while the S&amp;P 500 gained 8.9% last month.

This Analyst With 84% Accuracy Rate Sees Around 45% Upside In NVIDIA - Here Are 5 Stock Picks For November From Wall Street&#39;s Most Accurate Analysts

U.S. stocks closed mixed in holiday-shortened trading session on Friday, ahead of the major shopping season. All three major indices, meanwhile, recorded their fourth straight weekly gains.

This Analyst With 84% Accuracy Rate Sees More Than 41% Upside In NVIDIA - Here Are 5 Stock Picks For Last Week From Wall Street&#39;s Most Accurate Analysts

Earnings

Earnings Misses

Large Cap

Mid Cap

Short Ideas

Restaurants

General

CBRL

YUMC

Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) has been bearing the brunt of reduced guest traffic, increased commodity and wage inflation, along with shifts in consumer discretionary spending.


Why Investors Should Stay Away From Cracker Barrel Now

Chuy's Holdings Inc

XWELL, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XWEL#NASDAQ">XWEL</a>) ("XWELL" or the "Company"), an authority in wellness solutions for people on the go, today announced the introduction of IV hydration drip therapy at its Miami International Airport (MIA) XpresSpa&#xAE; location. In partnership with Revitalize IV Lounge ("Revitalize"), the new service, which offers a fast and efficient way to deliver vitamins, minerals, and amino acids directly into the bloodstream, is available in MIA's North Terminal, Concourse D, Gate D-11. &nbsp;
"A popular and effective treatment to replenish our body's essential nutrients, IV hydration drip therapy is a compelling addition to our XpresSpa menu of services and provides yet another opportunity to drive more revenue at higher margins," said XWELL CEO, Scott Milford. "Miami is a great location for us to pilot Revitalize's IV drips, with the intention of expanding to other U.S. markets."
IV hydration drip therapy ensures rapid absorption and replenishment of fluids and helps to boost energy levels, aid in recovery from jet lag, and enhance recovery from illness or strenuous activity. The XpresSpa location in Miami currently offers four IV hydration drip therapy options to its customers:
<ul>
<li>Jet Lag Xpress: A blend of trace minerals and B-complex vitamins help regulate circadian rhythm sleeping patterns, boost mental performance, and help travelers stay sharp and focused.</li>
<li>Myer's Cocktail: The perfect blend of multivitamins and hydration, it helps alleviate chronic symptoms like inflammation, muscle pain, fatigue, and stress.</li>
<li>Ultimate Xpress: This potent vitamin blend enhances the immune system, detoxifies the body, increases energy levels, and restores hydration.</li>
<li>Xpress Recovery: Get instant hangover relief with a high dose of vitamins and minerals that help hydrate the body and replenish electrolytes.</li>
</ul>
XpresSpa's IV hydration drip therapies can be administered in as little as 20 minutes with prices starting at $220 per session.
The introduction of Revitalize's IV hydration drip therapies in Miami underscores recent growth across the XWELL portfolio including the launch of Clockwork MiNiCURE robotic manicures at Harry Reid International Airport in Las Vegas (LAS), Miami International Airport (MIA) and John F. Kennedy International Airport (JFK), the introduction of Stretch services, and the expansion of fully autonomous massage chairs by HydroMassage and Human Touch&#xAE;. XWELL also recently opened an XpresSpa location in Abu Dhabi and announced plans to open a tech-forward, labor-lite location in New York City's Penn Station.
For more information about XpresSpa, visit <a href="https://www.globenewswire.com/Tracker?data=Ch-gUPwHcylblTq6ZNYC-fmsVbSI1e8JteEkMdCUWaR477NWyhuXuLXZiVWdspLjB7vj1pxalYnB9s25e4ErThFT7J5BKK7dFYVIEnmdZLc=">www.xpresspa.com</a>.

XWEL

XpresSpa Introduces IV Hydration Drip Therapy At Miami International Airport

WIIM

WOLF

Wolfspeed shares are trading lower after the company reported worse-than-expected Q3 revenue results. Also, TD Cowen downgraded the stock from Buy to Hold and Mizuho lowered its price target from $30 to $27.

Real Estate

NLOP

Net Lease Office Properties Announced The Sale Of The Following Three Office Properties In March And April For Gross Proceeds Totaling Approximately $131.6M

Share Repurchase Plan
In addition, the Company today announced that its Board of Directors has authorized a new one-year share buyback plan allowing the Company to invest up to $15 million to repurchase its ordinary shares. This plan will take effect as soon as the previously-announced $15 million one-year plan is completed. The timing and actual number of shares repurchased will depend upon a variety of factors, including share market price and general business and market conditions. The plan authorizes management to repurchase ordinary shares using a variety of methods, including open market transactions in compliance with the rules of the US Securities and Exchange Commission and other applicable legal requirements. Repurchases will be funded from available working capital. The plan does not obligate Silicom to buy back any specific number of shares and may be suspended or terminated at any time at Management's discretion. Management notes that its cash balance provides sufficient working capital and financial flexibility to weather the current environment while completing the Company's current share buyback program and carrying out this new one.

Buybacks

SILC

Silicom Board Of Directors Has Authorized A New One-year Share Buyback Plan Allowing The Company To Invest Up To $15M To Repurchase Its Ordinary Shares

Contracts

V2X Awarded Firm-Fixed Price Contract Valued At $88M

U.S. stock futures were higher this morning, with the Dow futures gaining over 150 points on Thursday.
Shares of Etsy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) fell sharply in today's pre-market trading after the company reported worse-than-expected <a href="https://www.benzinga.com/news/earnings/24/05/38565528/etsy-q1-earnings-revenue-miss-eps-miss-challenging-macroeconomic-environment">first-quarter financial results</a>.
Etsy reported first-quarter revenue of $645.954 million, which missed the consensus estimate of $646.33 million, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. The company reported quarterly earnings of 48 cents per share, which missed estimates of 49 cents per share.
Etsy shares tumbled 13.2% to $60.45 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>Fastly, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSLY#NYSE">FSLY</a>) shares dipped 31.8% to $8.82 in pre-market trading after the company reported first-quarter financial results. The company said it expects second-quarter revenue in a range of $130 million and $134 million, versus the $140.16 million analyst estimate.</li>
<li>Freshworks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSH#NASDAQ">FRSH</a>) shares tumbled 28.6% to $13.02 in pre-market trading after the company reported first-quarter financial results and announced a CEO transition. Baird analyst Rob Oliver downgraded Freshworks from Outperform to Neutral and lowered the price target from $28 to $16.</li>
<li>Remitly Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELY#NASDAQ">RELY</a>) shares declined 16.7% to $14.58 in pre-market trading after the company reported mixed first-quarter financial results.</li>
<li>DoorDash, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>) dipped 12.5% to $111.50 pre-market trading after the company reported mixed first-quarter financial results.</li>
<li>CytomX Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTMX#NASDAQ">CTMX</a>) shares fell 12.7% to $4.48 after jumping 215% on Wednesday.</li>
<li>Wolfspeed Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) shares declined 11.3% to $23.15 in pre-market trading following weak quarterly sales.</li>
<li>Qorvo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QRVO#NASDAQ">QRVO</a>) shares dipped 10.6% to $100.00 in pre-market trading following weak first-quarter guidance.</li>
<li>Paycom Software Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>) shares fell 9.3% to $169.00 in pre-market trading following weak second-quarter guidance.</li>
<li>Hudson Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HDSN#NASDAQ">HDSN</a>) shares fell 8.2% to $9.00 in pre-market trading following first-quarter results.</li>
<li>Appian Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APPN#NASDAQ">APPN</a>) shares declined 7.4% to $34.00 in pre-market trading after the company reported worse-than-expected first-quarter earnings and updated FY24 outlook.</li>
<li>Zillow Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/Z#NASDAQ">Z</a>) shares declined 6.5% to $39.19 pre-market trading after the company reported its first-quarter financial results.</li>
<li>Schrodinger Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDGR#NASDAQ">SDGR</a>) shares declined 5.8% to $23.80 in pre-market trading after the company reported worse-than-expected first-quarter financial results.</li>
<li>Prudential Financial Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) shares fell 5.4% to $106.29 in pre-market trading following downbeat earnings.</li>
<li>eBay Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBAY#NASDAQ">EBAY</a>) shares fell 3.4% to $49.35 in pre-market trading after the company reported first-quarter financial results.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/05/38573088/apple-kellanova-and-3-stocks-to-watch-heading-into-thursday">Apple, Kellanova And 3 Stocks To Watch Heading Into Thursday</a>
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>

Movers

APPN

CTMX

DASH

EBAY

ETSY

FRSH

FSLY

HDSN

PAYC

QRVO

RELY

SDGR

Etsy Reports Downbeat Earnings, Joins Fastly, DoorDash And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Guidance
Management projects that revenues for the second quarter of 2024 will range from $15 million to $17 million. We believe that excess customer inventories and global economy headwinds will ease moving forward through 2024, resulting in second half revenues that are higher than those of the first half, and full-year revenues of approximately $70 million.

Guidance

Silicom Sees Q2 Revenue $15M-$17M; FY24 Revenue ~$70M

Remitly Global shares are trading lower after the company reported mixed Q1 financial results.

Health Care

Tech

Wipro Has Been Selected By Independent Health, Western New York's 5-star Rated Medicare Advantage Plan, To Implement Wipro's Medicare Prescription Payment Plan Platform For The Upcoming Open Enrollment Period

Wedbush analyst Jay McCanless reiterates Green Brick Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRBK#NYSE">GRBK</a>) with a Neutral and maintains $49 price target.

Reiteration

GRBK

Wedbush Reiterates Neutral on Green Brick Partners, Maintains $49 Price Target

Silicom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SILC#NASDAQ">SILC</a>) reported quarterly losses of $(0.38) per share which missed the analyst consensus estimate of $(0.23) by 65.22 percent. This is a 162.3 percent decrease over earnings of $0.61 per share from the same period last year. The company reported quarterly sales of $14.37 million which missed the analyst consensus estimate of $16.73 million by 14.14 percent. This is a 61.36 percent decrease over sales of $37.18 million the same period last year.

Silicom Q1 Adj $(0.38) Misses $(0.23) Estimate, Sales $14.37M Miss $16.73M Estimate

Jefferies analyst Dushyant Ailani maintains First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) with a Buy and raises the price target from $209 to $211.

FSLR

Jefferies Maintains Buy on First Solar, Raises Price Target to $211

The Trade Desk shares are trading higher after VerticalScope Holdings announced that it adopted the company's OpenPass and OpenPath solutions. Also, Jefferies upgraded the stock from Hold to Buy and raised its price target from $95 to $105.

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fbioaffinitytech.com%2F&amp;esheet=53970614&amp;newsitemid=20240502141417&amp;lan=en-US&amp;anchor=bioAffinity+Technologies&amp;index=1&amp;md5=6212cc11f33e67a0007884b358823576">bioAffinity Technologies</a>, Inc. (NASDAQ:<a href="https://www.benzinga.com/stock/BIAF#NASDAQ">BIAF</a>, BIAFW))) shares recent Company news.
CyPath&#xAE; Lung Sales Ramp Up Month over Month
Sales of <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cypathlung.com%2F&amp;esheet=53970614&amp;newsitemid=20240502141417&amp;lan=en-US&amp;anchor=CyPath%26%23174%3B+Lung&amp;index=2&amp;md5=1275248c3bfd28c68d209e2bdb85ce69">CyPath&#xAE; Lung</a>, our noninvasive diagnostic test for the early detection of lung cancer, continue to climb, with April sales up 21% over March. Physicians outside of Texas are also signing up with our wholly owned subsidiary, Precision Pathology Laboratory Services, to order CyPath&#xAE; Lung for their patients. In addition to Texas, pulmonologists in New Jersey, Pennsylvania, Michigan and North Carolina have ordered CyPath&#xAE; Lung diagnostic tests for their patients with pulmonary nodules.
CyPath&#xAE; Lung Sales, Support Teams Continue to Grow
bioAffinity Technologies' National Sales Director Dallas Coleman announced that Jackie Kennedy has joined the Company as Pulmonary Sales Executive for CyPath&#xAE; Lung in the San Antonio/Austin market. Ms. Kennedy previously worked for Pulmonx Corporation, a provider of minimally invasive treatments for chronic obstructive pulmonary disease (COPD). In addition to Pulmonx, she has worked at Philips Healthcare, Baxter Healthcare, and Evologics America. "We are excited to welcome Jackie to the team at a pivotal time in the product launch for CyPath&#xAE; Lung," Mr. Coleman said. "In her two decades of experience in healthcare sales and marketing, she has built and maintained strong customer relationships and consistently exceeded her sales targets."
We are also pleased to announce that Jessica Alarcon has joined the Company as our newest Patient Coach for CyPath&#xAE; Lung. Ms. Alarcon provides a personal touch for patients who have questions about collecting a sputum sample. "Patients have told us how much they appreciate having a Patient Coach who can walk them through the collection process," bioAffinity Technologies President and CEO Maria Zannes said. "Jessica brings multi-faceted experience to this very important position, where she shares her insight and empathy for our patients at high risk for lung cancer."
bioAffinity To Present at American Thoracic Society's Annual Conference
bioAffinity Staff Scientist Lydia Bederka, Ph.D., is heading to San Diego this month to present research, "Sputum Versus Bronchoalveolar Lavage (BAL) Fluid on a Flow Cytometric Platform," at the 2024 American Thoracic Society (ATS) International Conference. Dr. Bederka will present research conducted in the development of a diagnostic test that uses BAL fluid to detect lung cancer. The ATS conference brings 14,000 clinicians and researchers in pulmonology, critical care and sleep medicine together to share ideas and innovations.

Biotech

BIAF

bioAffinity Technologies News Update, CyPath Lung Sales Ramp Up Month Over Month

The company will use its production prototype aircraft to prepare for upcoming for-credit flight testing.

JOBY

Joby Says Completed Its Pre-production Flight Test Program And Is Now Focused On Next Phase Of Flight Testing

Wedbush analyst Richard Anderson maintains Boston Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BXP#NYSE">BXP</a>) with a Neutral and lowers the price target from $66 to $63.

Wedbush Maintains Neutral on Boston Props, Lowers Price Target to $63

STTK

Shattuck Labs Cash And Cash Equivalents And Investments Of $114.6M For The Quarter Ended March 31, 2024,  Will Be Sufficient To Fund Its Operations Into 2026

Jefferies analyst James Heaney assumes Outbrain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OB#NASDAQ">OB</a>) with a Hold rating and announces Price Target of $4.

Initiation

Jefferies Assumes Outbrain at Hold, Announces Price Target of $4

Supporting scale-up for early-phase AAV- and LVV-based gene and gene-modified cell therapy researchers and developers
Charles River Laboratories International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) today announced the launch of its reference materials for adeno associated virus (AAV) and lentiviral vector (LVV) portfolio, designed to streamline Cell and Gene Therapy (CGT) research and development as it scales to Good Manufacturing Practice- (GMP) quality.
Moving towards a gold standard for reference materials, Charles River is introducing six AAV reference material serotypes, offering superior <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.criver.com%2Fproducts-services%2Fcell-and-gene-therapy-cdmo-solutions%2Fplasmid-and-viral-vector-products%2Faav-products%2Faav-reference-materials-empty-capsids%3Fregion%3D3601&amp;esheet=53969344&amp;newsitemid=20240502084745&amp;lan=en-US&amp;anchor=empty&amp;index=1&amp;md5=a63d526c85cf45721edc2be03b1977a9">empty</a> and <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.criver.com%2Fproducts-services%2Fcell-and-gene-therapy-cdmo-solutions%2Fplasmid-and-viral-vector-products%2Faav-products%2Faav-reference-materials-full-capsids%3Fregion%3D3601&amp;esheet=53969344&amp;newsitemid=20240502084745&amp;lan=en-US&amp;anchor=full&amp;index=2&amp;md5=13ba7c33fc23b9a3a46c3ed64478d772">full</a> capsid ratios and high vector genome concentration (GC/mL), plus five <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.criver.com%2Fproducts-services%2Fcell-and-gene-therapy-cdmo-solutions%2Fplasmid-and-viral-vector-products%2Flentivirus-products%2Flentiviral-controls&amp;esheet=53969344&amp;newsitemid=20240502084745&amp;lan=en-US&amp;anchor=LVV+reference+material&amp;index=3&amp;md5=bf343ce70978c09d554258afe79e3d2b">LVV reference material</a> products, available with different combinations of promoters and reporter genes. The additional reference materials add to the Company's extensive portfolio of plasmid and viral vector contract development and manufacturing organization (CDMO) offerings, reinforcing its concept-to-cure commitment to CGT researchers and developers by enabling partners to navigate the path from early discovery to commercial.

Charles River Launches Viral Vector Reference Materials To Streamline the Transition To GMP

CRWD

CrowdStrike, Tata Consultancy Services Ink Global Strategic Partnership To Transform Modern Enterprise Cybersecurity

The popularity of convenient food apps and quick-service restaurants fuels the resurgence of the restaurant industry. Hence, fundamentally strong restaurant stocks Papa John's (PZZA), Darden Restaurants (DRI), and Chuy's Holdings (CHUY) might be ideal buys for solid gains this month. Read more… The global restaurant industry is experiencing relief from inflation with stabilized margins and heightened consumer enthusiasm for dining experiences. Hence, investors could consider adding top restaurant stocks Papa John's International, Inc. (<a href="https://stocknews.com/stock/PZZA/">PZZA</a>), Darden Restaurants, Inc. (<a href="https://stocknews.com/stock/DRI/">DRI</a>), and Chuy's Holdings, Inc. (<a href="https://stocknews.com/stock/CHUY/">CHUY</a>) for success this month.
In November, the restaurant industry saw the <a href="https://www.producebluebook.com/2024/01/03/restaurants-post-sales-and-traffic-growth-in-november/">strongest same-store traffic performance</a> in almost two years, with a year-to-year traffic growth acceleration of 0.7 percentage points. Improved sales growth of 1.9% and moderated average check growth of 3.5% in November 2023 indicate sustained consumer relief and recovery, especially in fast casual and quick-service segments.
In addition, rising consumer spending and the impact of food delivery apps are driving the global fast-food market growth. The market is poised with increased demand for fast-food franchises and online deliveries, fueled by a growing working population and snacking habits. The global fast-food market is anticipated to expand at a <a href="https://www.grandviewresearch.com/industry-analysis/fast-food-market">CAGR of 5%</a> by 2029.
Besides, the fast-food market's growth is also driven by the popularity of quick-service restaurants. Evolving to modern needs, these establishments prioritize convenience, taste, and affordability, integrating healthier options and leveraging technology like self-order kiosks for an enhanced customer experience.
The global quick-service restaurant market is projected to <a href="https://www.fortunebusinessinsights.com/quick-service-restaurants-market-103236">reach $1.78 trillion by 2030</a>, expanding at a CAGR of 11.2%.
Considering these conducive trends, let's examine the fundamentals of three <a href="https://stocknews.com/category/restaurants/">Restaurants</a> stock picks, beginning with the third choice.
Stock #3: Papa John's International, Inc. (<a href="https://stocknews.com/stock/PZZA/">PZZA</a>)
PZZA operates and franchises pizza restaurants globally. Its segments include domestic company-owned restaurants; North America commissaries; franchising; and international operations, encompassing dine-in and delivery.
On January 3, PZZA launched a Canadian exclusive deal, offering a medium one-topping pizza for $6 with the purchase of any large Specialty Pizza at regular price. The offer started on January 1 for a limited time, offering savings to Canadian customers.
PZZA's trailing-12-month <a href="https://www.investopedia.com/terms/r/return_on_total_assets.asp">Return On Total Assets</a> of 9.06% is 126.8% higher than the industry average of 4%. Its 3.87% trailing-12-month CAPEX/Sales is 27.4% higher than the 3.04% industry average.
PZZA declared a fourth-quarter dividend of $0.46 per common share, payable on February 1, 2024. The company pays $1.84 annually, which translates to a yield of 2.5% on the prevailing price level. Its four-year average dividend yield is 1.47%. The company has raised its dividend payouts at a CAGR of 25.1% and 14.4% over the past three and five years, respectively.
In the third quarter, which ended September 24, 2023, PZZA's total revenues increased 2.4% from the prior-year quarter to $522.81 million. The company generated operating income of $31.87 million, up 63.8% year-over-year. Its adjusted net income attributable to common shareholders and EPS stood at $17.23 million and $0.53, respectively.
Street expects PZZA's revenue and EPS to grow 10.3% and 1.7% year-over-year to $580.30 million and $0.72, respectively, for the fourth quarter ended December 2023.
PZZA's shares have gained 12.7% over the past three months and 8.7% over the past month to close the last trading session at $73.57.
PZZA's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its positive prospects. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
PZZA has an A grade for Growth and a B for Quality. Within the <a href="https://stocknews.com/category/restaurants/">Restaurants</a> industry, it is ranked #12 among 44 stocks.
In addition to the POWR Ratings stated above, one can access PZZA's additional Value, Momentum, Stability, and Sentiment ratings <a href="https://stocknews.com/stock/PZZA/">here</a>.
Stock #2: Darden Restaurants, Inc. (<a href="https://stocknews.com/stock/DRI/">DRI</a>)
DRI owns and operates various full-service restaurants in the United States and Canada, including well-known brands like Olive Garden, LongHorn Steakhouse, and Cheddar's Scratch Kitchen.
DRI declared a regular quarterly dividend of $1.31 per common share, payable on February 1, 2024. The company pays $5.14 annually, which translates to a yield of 3.2% on the prevailing price level.
Its four-year average dividend yield is 2.71%. The company has raised its dividend payouts at a CAGR of 62.3% and 12.8% over the past three and five years, respectively. Moreover, the company boasts a two-year record for consecutive years of dividend growth.
DRI's trailing-12-month EBIT margin of 11.53% is 52.1% higher than the industry average of 7.58%. Its 15.15% trailing-12-month EBITDA margin is 38.9% higher than the 10.91% industry average.
In the second quarter ended November 26, 2023, DRI reported sales and operating income of $2.73 billion and $278.50 million, up 9.7% and 19.4% year-over-year, respectively. The company's net earnings and net earnings per share grew 13.3% and 15.8%, respectively, from the previous-year quarter to $212.10 million and $1.76.
The company updated its fiscal 2024 financial outlook, anticipating total sales of around $11.50 billion and adjusted net earnings per share from continuing operations ranging between $8.75 and $8.90.
DRI's revenue and EPS are expected to grow 9.1% and 12.1% year-over-year to $3.04 billion and $2.65 for the third quarter ending February 2024, respectively. The company surpassed the EPS estimates in each of the trailing four quarters, which is remarkable.
DRI's shares increased 14.7% over the past three months to close the last trading session at $160.40.
DRI's POWR Ratings reflect this sound outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
The stock has a B grade for Stability and Quality. Within the same industry, it is ranked #7.
Click <a href="https://stocknews.com/stock/DRI/">here</a> for DRI's additional Growth, Value, Momentum, and Sentiment ratings.
Stock #1: Chuy's Holdings, Inc. (<a href="https://stocknews.com/stock/CHUY/">CHUY</a>)
CHUY owns and operates full-service restaurants under the Chuy's name in the United States.
CHUY's trailing-12-month Return on Total Assets of 6.01% is 50.4% higher than the industry average of 4%. Its 8.20% trailing-12-month CAPEX/Sales is 170.2% higher than the 3.04% industry average.
During the third quarter, which ended September 24, 2023, CHUY reported revenue and income from operations of $113.46 million and $7.35 million, up 6.4% and 35.4% year-over-year, respectively. The company's adjusted net income and net income per common share grew 33.1% and 41.9%, respectively, from the prior year's quarter to $7.86 million and $0.44.
For the fiscal year 2023, the company anticipates adjusted net income per share to range between $1.85 and $1.90.
Analysts expect CHUY's revenue and EPS to grow 12.1% and 41.2% year-over-year to $116.69 million and $0.38, respectively, for the fourth quarter ended December 2023. The company surpassed the revenue and EPS estimates in each of the trailing four quarters.
The stock has gained 26.1% over the past year to close the last trading session at $36.13.
CHUY's robust outlook is reflected in its POWR Ratings. The stock has an overall rating of B, equating to a Buy in our proprietary rating system.
It has a B grade for Growth. Within the same industry, it is ranked #6.
To see CHUY's additional POWR Ratings for Value, Momentum, Stability, Sentiment, and Quality, click <a href="https://stocknews.com/stock/CHUY/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
DRI shares were trading at $160.92 per share on Thursday morning, up $0.52 (+0.32%). Year-to-date, DRI has declined -2.06%, versus a -1.19% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/dri-pzza-chuy-3-restaurant-stock-buys-cooking-up-january-2024-success/>3 Restaurant Stock Buys Cooking up January 2024 Success</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Restaurant Stock Buys Cooking up January 2024 Success

David Tarantino, an analyst from Robert W. Baird, maintained the Hold rating on Chuy's Holdings (CHUY – Research Report). The associated price targ...

Chuy's Holdings (CHUY): Hold Rating Amidst Mixed Performance and Growth Prospects

6 Restaurant Stocks with the greatest potential for upside - Baird

There's a lot to be optimistic about in the Consumer Cyclical sector as 3 analysts just weighed in on Casey's General (CASY – Research Report), Chu...

Analysts' Top Consumer Cyclical Picks: Casey's General (CASY), Chuy's Holdings (CHUY)

The restaurant sector may finally have a normal year - watch these stocks

The restaurant industry is expanding with the help of a rise in fast-casual preferences coupled with consumer demand for fine dining experiences. So, fundamentally strong restaurant stocks, Chuy's Holdings (CHUY), Rave Restaurant Group (RAVE), and Nathan's Famous (NATH) might be ideal additions to your portfolios. Read more... In 2024, the restaurant industry will likely see <a href="https://www.synergyconsultants.com/2024-restaurant-and-food-trends-to-look-out-for/">continued growth</a> in fast casual and health-conscious segments, with fine dining experiencing more realistic growth rates. Therefore, I think fundamentally sound restaurant stocks, Chuy's Holdings, Inc. (<a href="https://stocknews.com/stock/CHUY/">CHUY</a>), Rave Restaurant Group, Inc. (<a href="https://stocknews.com/stock/RAVE/">RAVE</a>), and Nathan's Famous, Inc. (<a href="https://stocknews.com/stock/NATH/">NATH</a>), could push investors portfolio towards success.
The United States full-service restaurant market is expected to grow at a <a href="https://www.mordorintelligence.com/industry-reports/united-states-full-service-restaurants-market/market-size">CAGR of 11.3%</a> until 2029. A significant rise in tourist arrivals is driving the market growth, helping to capitalize on the opportunities presented by the influx of visitors. Also, with the rise in out-of-home consumption after COVID-19, 80% of US people prefer ethnic cuisines at least once a month in fine dining restaurants.
According to the National Restaurant Association 2024 State of the Restaurant Industry Report, restaurant sales are forecast to <a href="https://www.prnewswire.com/news-releases/restaurant-industry-sales-forecast-to-set-1-1-trillion-record-in-2024--302053818.html">exceed $1.1 trillion in sales</a> this year, marking a new milestone for the industry that will employ over 15.7 million people in the US by the end of 2024.
Moreover, the US fast casual restaurant market growth is aided by the rising consumer demand for inexpensive, quick, and healthier meals. Various working professionals seek healthy meal options for lunch without breaking the bank. Many fast-casual restaurants also offer gluten and lactose-free food options, among others, further broadening their consumer base.
Therefore, the US fast casual restaurant market is projected to grow at a <a href="https://www.expertmarketresearch.com/reports/united-states-fast-casual-restaurant-market">CAGR of 6.4%</a> until 2032.
With these favorable trends in mind, let's delve into the fundamentals of the three best <a href="https://stocknews.com/category/restaurants/">Restaurants</a> stocks, beginning with the third choice.
Stock #3: Chuy's Holdings, Inc. (<a href="https://stocknews.com/stock/CHUY/">CHUY</a>) 
CHUY owns and operates full-service restaurants under the Chuy's name in the United States.
CHUY's trailing-12-month Return on Total Assets of 6.01% is 46.5% higher than the industry average of 4.10%. Its 8.20% trailing-12-month CAPEX/Sales is 168.4% higher than the 3.06% industry average.
During the third quarter, which ended September 24, 2023, CHUY reported revenue and income from operations of $113.46 million and $7.35 million, up 6.4% and 35.4% year-over-year, respectively. The company's adjusted <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> and net income per common share grew 33.1% and 41.9%, respectively, from the prior year's quarter to $7.86 million and $0.44.
Analysts expect CHUY's revenue and EPS to grow 12% and 41.2% year-over-year to $116.63 million and $0.38, respectively, for the fourth quarter ended December 2023. The company surpassed the revenue and EPS estimates in each of the trailing four quarters, which is impressive.
Over the past three months, the stock has gained 4% to close the last trading session at $35.05.
CHUY's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its promising outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
It has a B grade for Growth. It is ranked #4 out of 42 stocks in the <a href="https://stocknews.com/category/restaurants/">Restaurants</a> industry.
Beyond what is stated above, we've also rated CHUY for Value, Sentiment, Momentum, Quality, and Stability. Get all CHUY ratings <a href="https://stocknews.com/stock/CHUY/">here</a>.
Stock #2: Rave Restaurant Group, Inc. (<a href="https://stocknews.com/stock/RAVE/">RAVE</a>)
RAVE engages in the operation and franchising of pizza buffet, delivery/carry-out (delco), and express restaurants under the Pizza Inn and Pie Five trademarks in the United States and internationally. The company operates through three segments: Pizza Inn Franchising; Pie Five Franchising; and Company-Owned Restaurants.
RAVE's trailing-12-month gross profit margin of 67.20% is 89.3% higher than the industry average of 35.51%. Its trailing-12-month levered FCF margin of 16.14% is 194.8% higher than the 5.48% industry average.
For the fiscal 2023 third quarter, which ended March 26, 2023, RAVE's revenues increased 13.4% year-over-year to $2.97 million. The company's adjusted EBITDA stood at $568 million. In addition, its net income came in at $323 million. Also, its net income per share of common stock came in at $0.02.
Shares of RAVE has gained 19.1% over the past year to close the last trading session at $1.87.
It's no surprise that RAVE has an overall rating of B, which equates to Buy in our proprietary rating system.
RAVE has an A grade for Quality and a B in Sentiment. It is ranked #2 in the same industry.
In addition to the POWR Ratings highlighted above, one can access RAVE's ratings for Growth, Stability, Momentum, and Value, <a href="https://stocknews.com/stock/RAVE/">here</a>.
Stock #1: Nathan's Famous, Inc. (<a href="https://stocknews.com/stock/NATH/">NATH</a>)
NATH is a licensor, wholesaler, and retailer of Nathans brand products, notably Nathans Beef Hot Dogs. The company's segments include Branded Product Program; Product licensing; and Restaurant operations. Its products are available in approximately 79,000 locations.
NATH's trailing-12-month EBIT margin of 23.44% is 209.1% higher than the industry average of 7.58%. Its trailing-12-month asset turnover ratio of 2.20x is 123.9% higher than the industry average of 0.98x.
During the fiscal third quarter that ended December 24, 2023, NATH's total revenues increased 3.3% year-over-year to $28.89 million. Its income from operations came in at $5.14 million. Moreover, the company's net income and income per share stood at $2.61 million and $0.64 for the quarter, respectively.
Over the past three months, the stock has gained 3.2% to close the last trading session at $67.61.
NATH's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which equates to Buy in our proprietary rating system.
The stock has an A grade for Quality and a B in Sentiment. It is ranked first in the same industry.
<a href="https://stocknews.com/stock/NATH/">Click here</a> to access the additional NATH ratings (Growth, Momentum, Value, and Stability).
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
CHUY shares were trading at $33.98 per share on Tuesday afternoon, down $1.07 (-3.05%). Year-to-date, CHUY has declined -11.12%, versus a 3.99% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/chuy-rave-nath-3-restaurant-stocks-pushing-your-portfolio-towards-success/>3 Restaurant Stocks Pushing Your Portfolio Towards Success</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Restaurant Stocks Pushing Your Portfolio Towards Success

Chuy's Non-GAAP EPS of $0.45 beats by $0.07, revenue of $116.35M misses by $0.28M

Piper Sandler analyst Brian Mullan reiterated a Hold rating on Chuy's Holdings (CHUY – Research Report) today and set a price target of $35.00. The...

Chuy's Holdings (CHUY) Receives a Hold from Piper Sandler

Chuy's Holdings, Inc. (CHUY) Q4 2023 Earnings Call Transcript

Chuy's: Modest Revenue Growth Expected, But Stock Currently Overvalued

BLMN

BROS

CAKE

CASY

CAVA

JACK

NATH

PTLO

PZZA

RAVE

SBUX

TXRH

WING

Press Releases

Chuy's Holdings, Inc. to Announce Third Quarter 2023 Results on November 2, 2023

Chuy's Holdings, Inc. Announces Third Quarter 2023 Financial Results

Chuy's Holdings, Inc. to Participate at the 2023 Stephens Annual Investment Conference

Chuy's Holdings, Inc. to Participate at the 2023 Raymond James TMT and Consumer Conference

Chuy's Holdings, Inc. to Participate in Two Investor Conferences in January

Management

Rocky Mountain Chocolate Appoints Industry Veteran and Board Director Starlette B. Johnson as Interim Chief Executive Officer

Chuy's Holdings, Inc. to Announce Fourth Quarter and Fiscal Year 2023 Results on February 22, 2024

Fast Growing Restaurant Company, Condado Tacos, Names Natalie Harden as its New CFO

Chuy's Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Chuy's Holdings Stock (NASDAQ:CHUY), Short Interest Report

People Also Watch