ValuEngine cut shares of Habit Restaurants (NASDAQ:HABT) from a buy rating to a hold rating in a research note released on Thursday morning.
A number of other equities analysts also recently commented on the stock. BidaskClub downgraded shares of Habit Restaurants from a hold rating to a sell rating in a report on Saturday, February 2nd. Maxim Group reaffirmed a buy rating and set a $17.00 price objective (down from $19.00) on shares of Habit Restaurants in a report on Monday, February 25th. Wedbush reaffirmed an outperform rating and set a $20.00 price objective on shares of Habit Restaurants in a report on Friday, March 1st. Finally, Zacks Investment Research raised shares of Habit Restaurants from a hold rating to a buy rating and set a $14.00 price objective for the company in a report on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. Habit Restaurants presently has an average rating of Hold and an average target price of $16.67.
NASDAQ HABT opened at $10.86 on Thursday. The firm has a market capitalization of $282.97 million, a price-to-earnings ratio of 63.88, a P/E/G ratio of 7.08 and a beta of 1.11. Habit Restaurants has a 52-week low of $8.20 and a 52-week high of $18.30. The company has a current ratio of 0.97, a quick ratio of 0.92 and a debt-to-equity ratio of 0.13.
Habit Restaurants Company Profile
The Habit Restaurants, Inc, a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts.
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