Zacks: iPic Entertainment Inc (IPIC) Given $15.50 Consensus Target Price by Analysts

iPic Entertainment Inc (NASDAQ:IPIC) has received a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that provide coverage for the company, Zacks Investment Research reports. Three research analysts have rated the stock with a strong buy rating.

Analysts have set a 1 year consensus price objective of $15.50 for the company and are anticipating that the company will post ($0.47) earnings per share for the current quarter, according to Zacks. Zacks has also given iPic Entertainment an industry rank of 106 out of 255 based on the ratings given to related companies.

Several research analysts have recently commented on IPIC shares. Zacks Investment Research lowered iPic Entertainment from a “hold” rating to a “sell” rating in a report on Wednesday, April 25th. Barrington Research reissued a “buy” rating and set a $15.00 price objective on shares of iPic Entertainment in a report on Wednesday, March 21st.

Shares of NASDAQ IPIC opened at $8.26 on Wednesday. iPic Entertainment has a 12 month low of $6.75 and a 12 month high of $17.00. The company has a current ratio of 0.63, a quick ratio of 0.59 and a debt-to-equity ratio of -0.77.

iPic Entertainment (NASDAQ:IPIC) last issued its quarterly earnings data on Tuesday, May 15th. The company reported ($0.08) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.40) by $0.32. The business had revenue of $37.26 million for the quarter, compared to analysts’ expectations of $34.74 million. equities research analysts expect that iPic Entertainment will post -1.03 EPS for the current fiscal year.

iPic Entertainment Company Profile

iPic Entertainment Inc operates restaurants and theaters in the United States. The company operates casual restaurants, farm-to-glass full-service bars, and theater auditoriums with in-theater dining. It operates restaurants under the City Perch Kitchen + Bar, Tanzy, The Tuck Room, The Tuck Room Tavern, and iPic Express brands.

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