Potbelly Corporation (PBPB)

News: $PBPB Potbelly Corporation Announces Conference Call to Discuss Second Quarter 2020 Results on August 5th

CHICAGO, July 27, 2020 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB ), the iconic neighborhood sandwich shop, today announced the date for the release of its second fiscal quarter 2020 financial results. Second Quarter 2020 Results       &#x...

Read the whole news PBPB - Potbelly Corporation Announces Conference Call to Discuss Second Quarter 2020 Results on August 5th

Potbelly Turnaround. Bullish Outlook? Possible

Potbelly Corporation owns and operates Potbelly Sandwich Works sandwich shops in the United States. The Company has domestic and international franchise operations of Potbelly Sandwich Works sandwich shops. As of December 25, 2016, the Company operated Potbelly Sandwich Works sandwich shops in 29 states and the District of Columbia. As of December 25, 2016, the Company had a domestic base of 441 shops in 29 states and the District of Columbia. Of these, the company operated 411 shops, and franchisees operated 30 shops, as of December 25, 2016. As of December 25, 2016, the Company had 13 international franchised shops, which included 11 shops in the Middle East, a shop in the United Kingdom and a shop in Canada. As of December 25, 2016, the Company had domestic franchise shops in Arkansas, Iowa, Illinois, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Carolina, North Dakota, Ohio, Pennsylvania, South Dakota, Tennessee, Texas and Virginia.

SHORT INTEREST
2.93M 07/31/19

P/E Current
-11.51

P/E Ratio (with extraordinary items)
-3.65

Average Recommendation: HOLD

Average Target Price: 6.00

5yr DCF valuation analyses implies Potbelly $PBPB is slightly Undervalued... earnings Tuesday:

DCF Model Audit

Potbelly subs, the best sandwich chain in the country, and still nobody knows about it. Looking for exponential growth in the next 5 years.

Financials are looking improved, and what a great sandwich.

Looks like things have finally settled from the IPO drop, this looks like a safe time to get in on this great company.

Lots of room for expansion, company only reaches a small amount of the country.

Good point. Not enough money in this to get a heavy hitter in it but we will see.

The F&B sector is difficult. Making a small fortune in the restaurant biz always includes starting with a large fortune. PBPB may have started with a worthy concept but their management is not capable of expanding the concept to other markets.

lol. why do you say that?

No. PBPB is a dead stock.

So did you get any PBPB shares?

Oh my, this one has taken a dive since the last time I checked in.

PBPB is not losing money but they are already showing a decrease in same store sales. If they are only making .49c this year, at a 20X PE ratio the stock is worth about $10. So it's not exactly oversold. If you want to play a stock with better growth in this sector I would play NDLS. Better company

I'm considering. Cautious because the drop was so sudden, so precipitous, and so uncharacteristic of this stock. That's what always puzzles me about investors. I didn't see the word 'losses' anywhere, just that 'profits' weren't what had been hoped for.

As I always note: Sometimes investors are goofier than people.

Loyal

Great time to load though as Q3 expectations should be lower , however they may beat given the summer quarter. Definitely oversold... GLTY

King,

Thanx. That is sufficient to work with.

Loyalhound

http://www.nasdaq.com/article/potbelly-corp-pbpb-has-plummeted-to-a-new-low-on-q2-forecast-20140710-00610

Not being shorted? Wondered because I don't see evidence on that, but I do see a lot of 100's on the buys.

Loyal

Company just warned of weak Q2 numbers as posted on CNBC...

What's with this stock today? Sudden dilution? or something else? Looked like a very good buy until this last dive.

Loyalhound

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.

Might get there today. Looks like a selloff starting.

"Still, it opens a new hub market every 18-24 months." A year and half to two years per unit? What the heck takes so long?

So they raised, at minimum, $105 million in the IPO and they are only planning on 40 units in the next year? Sounds a little lackluster to me. That's less than 1 store per state in the US.

At current revenue, this is a $15 PPS stock. That's my entry point. It's getting closer.

Potbelly Plans To Grow More Than Just Customers' Appetites http://news.medill.northwestern.edu/chicago/news.aspx?id=228895&terms=Potbelly

PBPB Potbelly Sandwich Short Squeeze Coming

http://stks.co/t04n7

Potbelly Strong Buy

www.stoxline.com/quote.php?symbol=PBPB

Potbelly (PBPB) Tops Q4 EPS by 2c

The decline was enough to trigger the Securities & Exchange Commission's Rule 201, established to keep a leash on short sales

Agreed. I like the brand. Way overpriced though.

I've been waiting for a nice pullback in this stock.. But I honestly believe it has further weakness this year as it builds brand recognition. I think, considering the short interest, PBPB will test it's ipo price of $14 before it heads up for good.

Potbelly Sandwich & Pizza

Like Chipotle Doing Tests With Chipotle Mexican Grill & Pizza Ding Ding Short Squeeze Bullish

Former Red Bull CEO Appointed to Potbelly Corporation Board of Directors


http://investors.potbelly.com/releasedetail.cfm?ReleaseID=826084

Even on this news, PBPB is still down today. If it goes to $16 or below, you buy my first 1000 shares? LOL

Keep Dreaming Miami PBPB Going To $30 Before That

Got my alert set at $16.

PBPB Dan Ginsberg Former Red Bull CEO Appointed to Potbelly Corporation Board of Directors


http://investors.potbelly.com/releasedetail.cfm?ReleaseID=826084

Entry point nearing? No PR yet on clear expansion plans, locations.

California Is Biggest Unit Growth Potential Potbelly

PBPB California Is The Biggest Unit Growth Potential For Potbelly Bottom Line Especially With Potbelly's Very Popular Atmosphere

California Is Biggest Unit Growth Potential Potbelly

PBPB California Is The Biggest Unit Growth Potential For Potbelly Bottom Line Especially With Potbelly's Very Popular Atmosphere

What's going on? Check the financials. Unless a company is hot then financials matter. This company is not that hot.

What's going on with this company? No real PR since the IPO.

This stock is experiencing good growth. Worth an entry on a pullback...

Yep!
I agree

Kinda reminds me of the FaceBook IPO.

Chris

this has 100$ pps written all over it

waiting for the selling to end

$20 should be a good re entry point

That's because MS made sure the stock priced high and then slowly started unloading it.

Looking for a starter here

Look at the 5 year curve for CMG and tell me what you see.

This could easily be a 10 bagger in 5 years also.

JMO