Habit Restaurants (HABT) Rating Lowered to Sell at ValuEngine

ValuEngine downgraded shares of Habit Restaurants (NASDAQ:HABT) from a hold rating to a sell rating in a research note published on Friday, February 2nd.

Several other equities analysts have also commented on the stock. Zacks Investment Research raised shares of Habit Restaurants from a sell rating to a hold rating in a research report on Thursday, January 4th. Maxim Group initiated coverage on shares of Habit Restaurants in a research report on Wednesday, December 13th. They issued a buy rating and a $13.00 price objective for the company. TheStreet raised shares of Habit Restaurants from a d rating to a c- rating in a research report on Monday, November 20th. Raymond James Financial restated a market perform rating on shares of Habit Restaurants in a research note on Thursday, November 2nd. Finally, Wedbush restated a hold rating and issued a $11.00 target price on shares of Habit Restaurants in a research note on Thursday, November 2nd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of $15.94.

Habit Restaurants (NASDAQ:HABT) opened at $8.75 on Friday. Habit Restaurants has a 52-week low of $8.10 and a 52-week high of $19.75. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.43 and a quick ratio of 1.39. The firm has a market cap of $227.71, a P/E ratio of 38.05, a PEG ratio of 3.45 and a beta of 0.73.

Several large investors have recently modified their holdings of the business. JPMorgan Chase & Co. acquired a new stake in shares of Habit Restaurants in the 3rd quarter worth about $270,000. Renaissance Technologies LLC increased its holdings in shares of Habit Restaurants by 10.3% in the 2nd quarter. Renaissance Technologies LLC now owns 1,012,700 shares of the restaurant operator’s stock worth $16,001,000 after acquiring an additional 94,300 shares during the period. Elk Creek Partners LLC increased its holdings in shares of Habit Restaurants by 7.3% in the 3rd quarter. Elk Creek Partners LLC now owns 676,336 shares of the restaurant operator’s stock worth $8,826,000 after acquiring an additional 45,808 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Habit Restaurants by 170.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 255,584 shares of the restaurant operator’s stock worth $4,038,000 after acquiring an additional 161,107 shares during the period. Finally, Teachers Advisors LLC increased its holdings in shares of Habit Restaurants by 65.1% in the 2nd quarter. Teachers Advisors LLC now owns 36,551 shares of the restaurant operator’s stock worth $578,000 after acquiring an additional 14,413 shares during the period. 75.40% of the stock is currently owned by institutional investors.

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Habit Restaurants Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Habit Restaurants (NASDAQ:HABT)

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