Potbelly Corp (NASDAQ:PBPB) Institutional Investor Sentiment Analysis

June 14, 2018 - By Stephen Andrade

Potbelly Corporation (NASDAQ:PBPB) Logo

Sentiment for Potbelly Corp (NASDAQ:PBPB)

Potbelly Corp (NASDAQ:PBPB) institutional sentiment increased to 1.21 in Q1 2018. Its up 0.11, from 1.1 in 2017Q4. The ratio is better, as 40 institutional investors increased and opened new positions, while 33 cut down and sold their holdings in Potbelly Corp. The institutional investors in our partner’s database now possess: 15.88 million shares, down from 16.11 million shares in 2017Q4. Also, the number of institutional investors holding Potbelly Corp in their top 10 positions decreased from 3 to 2 for a decrease of 1. Sold All: 11 Reduced: 22 Increased: 24 New Position: 16.

Potbelly Corporation, through its subsidiaries, owns and operates Potbelly Sandwich Works sandwich shops in the United States. The company has market cap of $335.25 million. It also sells and administers franchises of Potbelly Sandwich Works sandwich shops. It currently has negative earnings. As of December 25, 2016, the firm operated 441 shops in 29 states and the District of Columbia, including 411 firm operated shops and 30 franchisees operated shops; and 13 international franchised shops, including 11 shops in the Middle East, 1 shop in the United Kingdom, and 1 shop in Canada.

The stock increased 1.74% or $0.23 during the last trading session, reaching $13.18. About 57,355 shares traded. Potbelly Corporation (NASDAQ:PBPB) has risen 23.26% since June 14, 2017 and is uptrending. It has outperformed by 10.69% the S&P500.

Analysts await Potbelly Corporation (NASDAQ:PBPB) to report earnings on August, 3. They expect $0.12 earnings per share, up 9.09 % or $0.01 from last year’s $0.11 per share. PBPB’s profit will be $3.05 million for 27.46 P/E if the $0.12 EPS becomes a reality. After $0.03 actual earnings per share reported by Potbelly Corporation for the previous quarter, Wall Street now forecasts 300.00 % EPS growth.

Cmt Asset Management Ltd holds 7.86% of its portfolio in Potbelly Corporation for 29,270 shares. Cmt Trading Llc owns 50,039 shares or 2.24% of their US portfolio. Moreover, Ancora Advisors Llc has 0.65% invested in the company for 1.19 million shares. The Ohio-based American Financial Group Inc has invested 0.23% in the stock. Stephens Investment Management Group Llc, a Texas-based fund reported 658,586 shares.

Since January 1, 0001, it had 0 buys, and 3 selling transactions for $390,689 activity.

More news for Potbelly Corporation (NASDAQ:PBPB) were recently published by: Globenewswire.com, which released: “Potbelly Corporation to Participate in Upcoming Investor Conferences” on June 04, 2018. Businesswire.com‘s article titled: “Potbelly Strengthens Leadership Team to Execute Turnaround” and published on June 11, 2018 is yet another important article.

Potbelly Corporation (NASDAQ:PBPB) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: