Weakness Seen in Chuy’s Holdings (CHUY): Stock Goes Down 6.5% – Tale of the Tape

This slump shouldn’t be too much of a surprise to investors, as the restaurant owner has seen 1 negative revision 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 #5 (Strong Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the same sector include Red Robin Gourmet Burgers Inc. (RRGB), BJ's Restaurants, Inc. (BJRI) and Chipotle Mexican Grill, Inc. (CMG). While Red Robin sports a Zacks Rank #1 (Strong Buy), BJ's Restaurants and Chipotle hold a Zacks Rank #2 (Buy).

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