Potbelly Corporation (NASDAQ:PBPB) went down by -2.27% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Restaurants giant went up by $2.15 to trade ended Tuesday trading at $2.20. This is down from the $2.2 price recorded on Monday’s trading session. Thanks to this latest performance, PBPB is closer to the higher price 52-week target of $3.00 and further from the lowest price target of $2.00. Its performance from the start of the year has also been negative, with PBPB down by -49.05% year-to-date.
Potbelly Corporation (PBPB) started the day trading at $2.2 and recorded an intraday high of $2.2. It also recorded an intraday low of $2.11 during Tuesday’s trading session. Potbelly Corporation is a very active stock that recorded a trading volume that is less than -134.82% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 220821, which is less than -134.82 of the total average daily trading volume of 518.54K.
Potbelly Corporation (NASDAQ:PBPB) 2020 Performance Impressive
The increase in PBPB’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of PBPB currently stands at $6.00, which is higher than the current trading price of the stock by 64.17%. However, PBPB’s current trading price is -43.33% lower than the 52-week low price of $1.50. In terms of trading volume, Potbelly Corporation currently experienced healthy participation during the last trading session. 220821 shares of Potbelly Corporation were traded on the stock exchange on Tuesday, which is less than -134.82% of the 518.54K average trading volume of the stock.
The performance of the stock has been positive over the past year. PBPB’s performance over the past one year has seen it plunge by -56.39%, while the stock has gone down by -50.57% in the last six months. The quarterly performance of PBPB currently stands at -33.44%, and it is down by -25.61% in the last month. The only negative figure was from the weekly performance, which currently reads -8.90%. At the time of writing PBPB’s report, the company has a total market cap of $49.84M, making it one of the largest publicly-traded companies in the world.Potbelly Corporation also has over 6000 employees all over the world.
PBPB Insider Activities
For Potbelly Corporation, insiders hold 68.90% of all company shares. The insider transactions over the past six months are up by 19.70%. During that period, insiders bought 880,486 shares in 10 transactions. In that same period, insiders sold 22,669 of their shares in 8 transactions. After these transactions, insiders at Potbelly Corporation now hold 5.35M shares, which is over 73.25% of the total company stocks. Institutional investors currently hold a large chunk of the PBPB shares, as they control 22.58% of the company’s total stock.
PBPB Fundamental Analysis
For Potbelly Corporation, the stock’s diluted earnings per share (EPS) stands at -0.80. In the coming year, analysts expect the EPS to be -0.46. The EPS growth will up over the next five years to 20.00% after plunging by -55.10% in the previous five years. In terms of revenue, Potbelly Corporation’s quarterly sales (YOY) is shrinking at -0.46, which is higher than the average annual revenue of -55.10% over the past half a decade.
The Return on Investment (ROI) on Potbelly Corporation’s stock currently stands at -34.00%, and it has a net profit margin of -4.70%. The operating margin of the company is -5.40%, and its gross margin is 73.30%.
PBPB Analysts Prediction
The Maxim Group has a Hold rating for Potbelly Corporation, predicting the stock price to stay between $4 and $5. Another analyst that has a Hold rating for PBPB is Maxim Group, which set a price target of between $8 and $4. Maxim Group reiterate their Hold position on the stock ($11 and $8) and Maxim Group reiterate their Buy position on the stock ($12 and $11).
Analysts at Maxim Group believe that PBPB is Buy, and they have a price target of between $13 and $15. Maxim Group and Maxim Group also believe that Potbelly Corporation’s stock is outperforming at the moment. PBPB received a positive rating from Maxim Group, which set a price target of $12-$13 for the stock.
PBPB Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of PBPB currently stands at -11.34%, while the SMA50 is -14.25%. The biggest one is the SMA200, which is currently reading -42.68% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 40.91.