Good Times Restaurants Inc. (GTIM) to Post Q1 2018 Earnings of ($0.07) Per Share, Dougherty & Co Forecasts
Good Times Restaurants Inc. (NASDAQ:GTIM) – Research analysts at Dougherty & Co issued their Q1 2018 EPS estimates for shares of Good Times Restaurants in a report released on Sunday. Dougherty & Co analyst J. Hamblin expects that the restaurant operator will post earnings of ($0.07) per share for the quarter.
Several other research analysts have also commented on the company. Maxim Group reissued a “buy” rating and set a $6.00 price objective on shares of Good Times Restaurants in a report on Tuesday, October 3rd. Zacks Investment Research raised Good Times Restaurants from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th.
An institutional investor recently raised its position in Good Times Restaurants stock. Granite Point Capital Management L.P. lifted its holdings in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 6.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 273,050 shares of the restaurant operator’s stock after acquiring an additional 16,300 shares during the quarter. Granite Point Capital Management L.P. owned approximately 2.22% of Good Times Restaurants worth $969,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 32.40% of the company’s stock.
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Good Times Restaurants Company Profile
Good Times Restaurants Inc operates and franchises Good Times Burgers & Frozen Custard (Good Times) restaurants and Bad Daddy’s Burger Bar concept (Bad Daddy’s). The Company operates through two segments: Good Times Burgers and Frozen Custard restaurants, and Bad Daddy’s Burger Bar restaurants. Good Times is a quick service restaurant concept.
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