Zoe's Kitchen (ZOES) Posts Quarterly Earnings, Beats Expectations By $0.01 EPS
Zoe's Kitchen (NASDAQ:ZOES) issued its quarterly earnings data on Thursday. The company reported ($0.02) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.03) by $0.01, AnalystRatingsNetwork.com reports. The company had revenue of $46.30 million for the quarter, compared to the consensus estimate of $44.68 million.
A number of research firms have recently commented on ZOES. Analysts at Stephens initiated coverage on shares of Zoe's Kitchen in a research note on Tuesday, May 6th. They set an “equal weight” rating and a $26.00 price target on the stock. On a related note, analysts at Robert W. Baird initiated coverage on shares of Zoe's Kitchen in a research note on Tuesday, May 6th. They set an “outperform” rating and a $35.00 price target on the stock. Finally, analysts at Jefferies Group initiated coverage on shares of Zoe's Kitchen in a research note on Tuesday, May 6th. They set a “hold” rating and a $25.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Zoe's Kitchen currently has a consensus rating of “Buy” and a consensus target price of $32.00.
Zoe's Kitchen (NASDAQ:ZOES) traded up 1.30% on Thursday, hitting $28.89. The stock had a trading volume of 276,346 shares. Zoe's Kitchen has a 52 week low of $23.73 and a 52 week high of $31.43. The stock’s 50-day moving average is $27.81 and its 200-day moving average is $27.58. The company’s market cap is $531.3 million.
Zoe’s Kitchen, Inc is a restaurant serving Mediterranean dishes delivered with Southern hospitality. The Company offers a differentiated menu of Mediterranean cuisine with several Southern staples; extending Southern hospitality with personality, including food delivered to the table; providing an inviting, cosmopolitan, casual-chic environment in its restaurants; and delivering a catering experience for business and social events.
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