Potbelly Corp. (PBPB)

[TOP1]

Short Squeeze Mounting Up In Potbelly
The Days-To-Cover Ratio Is Currently 5.0 Days.
http://tickerreport.com/banking-finance/167013/potbelly-corp-short-interest-up-22-1-in-february-pbpb/
Potbelly Corp Short Interest Up 22.1% in February (PBPB) Shares of Potbelly Corp (NASDAQ:PBPB) were the target of a significant growth in short interest during the month of January. As of February 28th, there was short interest totalling 4,489,923 shares, a growth of 22.1% from the February 14th total of 3,675,883 shares, StockRatingsNetwork reports. Currently, 40.3% of the shares of the stock are short sold. Based on an average daily volume of 899,496 shares, the days-to-cover ratio is currently 5.0 days.
PBPB has been the subject of a number of recent research reports. Analysts at Goldman Sachs cut their price target on shares of Potbelly Corp to $26.00 in a research note on Wednesday, February 19th. Separately, analysts at Bank of America reiterated a “neutral” rating on shares of Potbelly Corp in a research note on Wednesday, February 19th. Finally, analysts at Piper Jaffray cut their price target on shares of Potbelly Corp from $34.00 to $26.00 in a research note on Thursday, February 6th. They now have an “overweight” rating on the stock. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Potbelly Corp currently has a consensus rating of “Hold” and an average price target of $27.67.
Potbelly Corp (NASDAQ:PBPB) opened at 19.20 on Wednesday. Potbelly Corp has a one year low of $19.07 and a one year high of $33.90. The stock’s 50-day moving average is $21.21 and its 200-day moving average is $24.89. The company’s market cap is $559.7 million.
Potbelly Corp (NASDAQ:PBPB) last announced its earnings results on Tuesday, February 18th. The company reported $0.06 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.04 by $0.02. The company had revenue of $74.80 million for the quarter, compared to the consensus estimate of $76.09 million. On average, analysts predict that Potbelly Corp will post $0.34 earnings per share for the current fiscal year.