Last Updated: 19 Sep 2024
Executive Summary
Potbelly Co (PBPB) is a restaurant chain specializing in sandwiches and other offerings. The company has a market capitalization of $239.86 million and trades on the NASDAQ exchange. The stock is currently trading at $8.01, below its 52-week high of $14.36 and above its 52-week low of $6.28. Analysts have a Buy rating on the stock, with a target price of $15.33.
Company Overview
Potbelly Co owns, operates, and franchises Potbelly sandwich shops in the United States. The company was founded in 1977 and is headquartered in Chicago, Illinois. Potbelly operates over 400 locations in 27 states and the District of Columbia. The company's menu includes a variety of sandwiches, salads, soups, and sides.
Fundamental Analysis
Potbelly Co's financial performance has been mixed in recent years. The company's revenue has declined slightly in recent quarters, but its earnings have grown. In the most recent quarter, Potbelly reported revenue of $477.37 million and earnings per share (EPS) of $1.18. The company's profit margin is 7.58%, and its return on equity (ROE) is 1.335%.
Potbelly Co's balance sheet is strong. The company has $126.19 million in cash and equivalents and $1.613 billion in book value. The company's debt-to-equity ratio is 0.502.
Technical Analysis
Potbelly Co's stock price has been trending lower in recent months. The stock is currently trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is 43.33, which indicates that the stock is oversold.
Short Term Outlook
The short-term outlook for Potbelly Co's stock is mixed. The stock's price is below its moving averages, and its RSI is oversold. However, the company's financial performance has been improving, and analysts have a Buy rating on the stock.
Long Term Outlook
The long-term outlook for Potbelly Co's stock is positive. The company has a strong brand and a loyal customer base. The company is also expanding into new markets and introducing new products.
Analyst Recommendations
Analysts have a Buy rating on Potbelly Co's stock. The average target price for the stock is $15.33.
