Equities analysts predict that Potbelly Corp (NASDAQ:PBPB) will post $0.07 earnings per share for the current quarter, Zacks reports. Two analysts have made estimates for Potbelly’s earnings. The highest EPS estimate is $0.08 and the lowest is $0.06. Potbelly posted earnings of $0.15 per share in the same quarter last year, which indicates a negative year over year growth rate of 53.3%. The business is scheduled to report its next quarterly earnings results before the market opens on Friday, February 23rd.
According to Zacks, analysts expect that Potbelly will report full-year earnings of $0.30 per share for the current fiscal year, with EPS estimates ranging from $0.30 to $0.31. For the next year, analysts forecast that the firm will report earnings of $0.36 per share, with EPS estimates ranging from $0.34 to $0.40. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Potbelly.
PBPB has been the topic of several research analyst reports. Robert W. Baird restated a “hold” rating and set a $13.00 target price on shares of Potbelly in a research note on Friday, October 20th. BidaskClub cut shares of Potbelly from a “sell” rating to a “strong sell” rating in a research note on Friday, December 22nd. Zacks Investment Research cut shares of Potbelly from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. Finally, Maxim Group reiterated a “hold” rating and issued a $13.00 price objective (up previously from $12.00) on shares of Potbelly in a research note on Monday, December 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. Potbelly has a consensus rating of “Hold” and a consensus target price of $14.25.
Potbelly (NASDAQ PBPB) opened at $11.70 on Wednesday. The stock has a market cap of $292.69, a PE ratio of 130.01, a price-to-earnings-growth ratio of 1.65 and a beta of 0.87. Potbelly has a one year low of $10.50 and a one year high of $14.28.
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Potbelly Corporation owns and operates Potbelly Sandwich Works sandwich shops in the United States. The Company has domestic and international franchise operations of Potbelly Sandwich Works sandwich shops. As of December 25, 2016, the Company operated Potbelly Sandwich Works sandwich shops in 29 states and the District of Columbia.
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