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BMO Capital not ready to bite on Chuy's Holdings

Aug. 03, 2016 10:54 AM ETChuy's Holdings, Inc. (CHUY) StockCHUYBy: Clark Schultz, SA News Editor
  • BMO Capital Markets recommends a cautious approach to Chuy's Holdings (CHUY -3.4%) with a number of risks in place that could threaten the restaurant company's rich valuation.
  • Tough comparables and ongoing traffic pressure could limit sales growth, while elevated beef fajita costs and incremental margin pressure from occupancy rates in the high-rent South Florida and Chicago markets should be factored in, warns analyst Andrew Strelzik.
  • Strelzik ranks #1,783 out of 4,071 analysts listed on TipRanks.

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