News headlines about Potbelly Corporation (NASDAQ:PBPB) have trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Potbelly Corporation earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.1852694068294 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern’s scoring:
- Zacks: Analysts Anticipate Potbelly Corporation (PBPB) to Announce $0.06 EPS (americanbankingnews.com)
- 13D Filing: Grizzlyrock Institutional Value Partners, LP and Potbelly Corp (PBPB) (insidermonkey.com)
- Potbelly Corporation (PBPB) Set to Announce Quarterly Earnings on Friday (americanbankingnews.com)
- Head-To-Head Analysis: Potbelly Corporation (PBPB) and Its Rivals (americanbankingnews.com)
Several equities analysts have recently issued reports on the company. Zacks Investment Research lowered Potbelly Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. BidaskClub upgraded Potbelly Corporation from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 12th. Maxim Group lowered Potbelly Corporation from a “buy” rating to a “hold” rating and set a $13.00 target price for the company. in a research report on Friday, July 21st. Robert W. Baird restated a “hold” rating and set a $13.00 target price on shares of Potbelly Corporation in a research report on Friday, October 20th. Finally, Piper Jaffray Companies upgraded Potbelly Corporation from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $12.00 to $17.00 in a research report on Thursday, September 28th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $13.67.
Potbelly Corporation (PBPB) opened at 12.00 on Tuesday. The stock’s 50 day moving average price is $11.95 and its 200 day moving average price is $11.86. Potbelly Corporation has a 12-month low of $10.50 and a 12-month high of $14.55. The company has a market cap of $301.50 million, a PE ratio of 75.47 and a beta of 0.91.
Potbelly Corporation (NASDAQ:PBPB) last issued its quarterly earnings results on Friday, August 4th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.01). The company had revenue of $108.10 million during the quarter, compared to analyst estimates of $109.78 million. Potbelly Corporation had a net margin of 1.03% and a return on equity of 8.68%. The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 EPS. Equities research analysts anticipate that Potbelly Corporation will post $0.32 EPS for the current year.
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About Potbelly Corporation
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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