Chuy's Holdings, Inc. (CHUY) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for AA as the stock is now down over 5% in the past one-month time frame.
This slump shouldn’t be too much of a surprise to investors, as the restaurant chain has seen 3 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
CHUY currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Some better-ranked stocks in the retail sector include Famous Dave's of America Inc. (DAVE), Jack in the Box Inc. (JACK) and Burger King Worldwide, Inc. (BKW). While Famous Dave's and Jack in the Box carry a Zacks Rank #1 (Strong Buy), Burger King holds a Zacks Rank #2 (Buy).
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CHUY'S HOLDINGS INC (CHUY): Free Stock Analysis Report
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