HABT - Buy The Habit Restaurants: Market Too Bearish Despite Steady Growth And Clean Balance Sheet
The Habit Restaurants, Inc. (HABT) known for its specialty flamed grilled burgers and laid-back "California vibe" has had a difficult history in the stock market with shares down nearly 80% from its all-time high following the IPO back in 2015. The story has been disappointing growth and low profitability margins. On the other hand, we highlight that the company remains profitable and free cash flow positive with a solid balance sheet. We think the stock is worthy of an investment consideration based on some valuation measures that suggest the stock is relatively cheap. This article