CHICAGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) Potbelly Sandwich Works, the popular fast-casual restaurant known for its delicious sandwiches and inviting atmosphere, is thrilled to announce exclusive franchise opportunities for ambitious business owners to be the sole developer/operator markets in Omaha, NE; Wichita, KS; Colorado Springs, CO; Provo, UT; Killeen/Temple, TX; and Albuquerque, NM. This unique opportunity to develop on average 4–6 trade areas enables individuals ...

Core Viewpoint - Potbelly (PBPB) has shown a significant price increase of 30.9% over the past four weeks, with analysts suggesting further upside potential based on price targets and earnings estimates [1][9]. Price Targets - The mean price target for PBPB is $15.33, indicating a potential upside of 25.3% from the current price [1]. - Analysts have set short-term price targets ranging from a low of $14 to a high of $16, with a standard deviation of $1.15, suggesting a moderate level of agreement among analysts [2][7]. - The lowest estimate indicates a 14.4% increase, while the highest suggests a 30.7% upside [2]. Earnings Estimates - There is a strong consensus among analysts regarding the upward revision of PBPB's earnings estimates, which is a positive indicator for potential stock price increases [4][9]. - Over the last 30 days, one estimate has increased, leading to an 8% rise in the Zacks Consensus Estimate for the current year [10]. Analyst Ratings - PBPB currently holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors [11]. - The strong agreement among analysts regarding earnings revisions supports the view of potential upside for the stock [4][9]. Caution on Price Targets - While price targets are a common metric for investors, relying solely on them may not be prudent due to historical inaccuracies in predicting stock movements [3][5][8]. - Analysts often set optimistic price targets influenced by business relationships, which can lead to inflated expectations [6].

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1][2] Group 1: Momentum Investing Strategy - Momentum investors typically do not time the market, instead they capitalize on stocks that are already trending upwards [1] - The challenge lies in determining the right entry point, as stocks can lose momentum if their valuations exceed future growth potential [2] Group 2: Identifying Bargain Momentum Stocks - Investing in bargain stocks that have recently shown price momentum can be a safer strategy [3] - The Zacks Momentum Style Score is useful for identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced fast-moving stocks [3] Group 3: Potbelly (PBPB) Stock Analysis - Potbelly (PBPB) has shown a four-week price change of 29.8%, indicating strong investor interest [4] - Over the past 12 weeks, PBPB gained 24.5%, and it has a beta of 1.34, suggesting it moves 34% more than the market [5] - PBPB has a Momentum Score of B, indicating a favorable time to invest [6] Group 4: Earnings Estimates and Valuation - PBPB has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.79, meaning investors pay 79 cents for each dollar of sales, indicating it is reasonably valued [7] Group 5: Additional Investment Opportunities - Besides PBPB, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles to help identify winning stock picks [9]

Every dog ​​has his day. Our strategy of selecting the cheapest fast-casuals during stock-picking is already starting to pay off. High-growth restaurant chains that were trading at considerably lower multiples than their peersI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analy ...

Potbelly (PBPB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.I ...

Potbelly (PBPB) closed the last trading session at $10.37, gaining 14.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $15.33 indicates a 47.8% upside potential.The average comprises three short-term price targets ranging from a low of $14 to a high of $16, with a standard deviation of $1.15. While the lowest estimate indicates an increase of 35% from the current price level, the ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify promising stocks [3] Group 2: Potbelly (PBPB) Stock Analysis - Potbelly (PBPB) has shown significant price momentum, with a four-week price change of 14.8% and a 30.1% increase over the past 12 weeks, indicating strong investor interest [4][5] - PBPB has a beta of 1.32, suggesting it moves 32% more than the market, which reflects its fast-paced momentum [5] - The stock has a Momentum Score of B, indicating a favorable time to invest [6] - PBPB has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.66, suggesting it is undervalued, as investors pay only 66 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides PBPB, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify potential winning stocks [9]

Potbelly Corporation (PBPB) provided an update on its business for the fourth quarter of fiscal 2024. Following the announcement, shares of the company moved up 14.7% during trading hours yesterday.PBPB Q4 Preliminary ResultsIn the fourth quarter of fiscal 2024, Potbelly’s prelim results reflected same-store sales growth of 0.2-0.3%. Previously, the company anticipated comps to fall in the range of 0.5-2.5%. Potbelly's emphasis on its product innovation and digital marketing contributed positively.During th ...

Company to host a fireside chat and investor meetings at the 27th Annual ICR Conference Company expects to deliver positive fourth quarter same store sales growth 38 new shop sites in various stages of development for opening in 2025 CHICAGO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB), (“Potbelly” or the “Company”) the iconic neighborhood sandwich shop concept, today reported preliminary estimated results for the fourth fiscal quarter ended December 29, 2024. Fourth Quarter 202 ...

Potbelly Corporation (PBPB) shares have risen 13.8% in the past three months against the industry’s decline of 1%. The stock has also outpaced the S&P 500’s growth of 5.8%. The company has been benefiting from its 5-pillar strategic plan, robust digitalization and expansion initiatives.On Tuesday, the stock closed at $9.40, 34.5% below its 52-week high but 49.7% above its 52-week low. In the past three months, PBPB outperformed industry players like Chipotle Mexican Grill, Inc.’s (CMG) 5.6% rise, Restaurant ...