Super Hi International (NASDAQ:HDL) Announces Quarterly Earnings Results, Misses Estimates By $0.16 EPS

Super Hi International (NASDAQ:HDL) released its earnings results on Wednesday. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.16), FiscalAI reports. The company had revenue of $225.93 million for the quarter, compared to analysts’ expectations of $215.58 million. Super Hi International had a net margin of 4.33% and a return on equity of 9.61%.

Super Hi International Price Performance

Shares of Super Hi International stock opened at $15.07 on Wednesday. The stock’s 50-day simple moving average is $14.69 and its 200-day simple moving average is $16.19. Super Hi International has a 52 week low of $13.11 and a 52 week high of $22.35. The company has a market capitalization of $980.20 million, a price-to-earnings ratio of 21.53 and a beta of -0.15. The company has a quick ratio of 2.15, a current ratio of 2.41 and a debt-to-equity ratio of 0.47.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HDL. Zacks Research upgraded Super Hi International from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a research report on Friday, March 27th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Super Hi International currently has an average rating of “Reduce”.

Hedge Funds Weigh In On Super Hi International

An institutional investor recently bought a new position in Super Hi International stock. Bank of America Corp DE acquired a new stake in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,809 shares of the company’s stock, valued at approximately $52,000.

Super Hi International Company Profile

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.