Potbelly Corp Reaches New 12-Month Low at $23.30 (PBPB)
Potbelly Corp (NASDAQ:PBPB)’s share price reached a new 52-week low on Monday, Analyst Ratings Net reports. The company traded as low as $23.30 and last traded at $23.40, with a volume of 583,117 shares traded. The stock had previously closed at $24.58.
A number of research firms have recently commented on PBPB. Analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Potbelly Corp in a research note to investors on Wednesday, November 13th. Separately, analysts at Bank of America Corp. initiated coverage on shares of Potbelly Corp in a research note to investors on Tuesday, October 29th. They set a “neutral” rating on the stock. Finally, analysts at William Blair initiated coverage on shares of Potbelly Corp in a research note to investors on Tuesday, October 29th. They set a “market perform” rating on the stock. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $32.50.
Potbelly Corp has a 52 week low of $23.45 and a 52 week high of $33.90. The stock has a 50-day moving average of $25.94 and a 200-day moving average of $27.03. The company’s market cap is $681.8 million.
Potbelly Corp (NASDAQ:PBPB) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.09 by $0.06. The company had revenue of $78.00 million for the quarter, compared to the consensus estimate of $77.88 million. The company’s quarterly revenue was up 11.6% on a year-over-year basis. On average, analysts predict that Potbelly Corp will post $0.33 earnings per share for the current fiscal year.
Potbelly Corporation is a neighborhood sandwich concept offering toasty warm sandwiches, signature salads and other fresh menu items.
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