Zoe’s Kitchen, Inc. (NYSE:ZOES) – Analysts at Jefferies Group issued their Q1 2018 earnings per share estimates for Zoe’s Kitchen in a research note issued to investors on Friday. Jefferies Group analyst A. Barish forecasts that the restaurant operator will post earnings per share of $0.01 for the quarter. Jefferies Group has a “Buy” rating and a $16.00 price objective on the stock. Jefferies Group also issued estimates for Zoe’s Kitchen’s Q3 2018 earnings at ($0.01) EPS and Q4 2018 earnings at ($0.12) EPS.
ZOES has been the subject of several other research reports. Maxim Group lowered their price objective on shares of Zoe’s Kitchen from $24.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, August 14th. Cowen and Company reissued a “hold” rating and set a $12.00 price objective on shares of Zoe’s Kitchen in a research report on Friday. Robert W. Baird reissued a “neutral” rating and set a $13.00 price objective on shares of Zoe’s Kitchen in a research report on Friday. Credit Suisse Group lowered their price objective on shares of Zoe’s Kitchen from $13.00 to $12.50 and set an “underperform” rating for the company in a research report on Friday, August 18th. Finally, Zacks Investment Research raised shares of Zoe’s Kitchen from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. Zoe’s Kitchen presently has a consensus rating of “Hold” and an average target price of $17.15.
Shares of Zoe’s Kitchen (NYSE ZOES) opened at $12.84 on Monday. Zoe’s Kitchen has a 52 week low of $10.77 and a 52 week high of $27.41. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.54 and a current ratio of 0.63.
Zoe’s Kitchen (NYSE:ZOES) last released its quarterly earnings results on Thursday, November 9th. The restaurant operator reported $0.01 EPS for the quarter. Zoe’s Kitchen had a net margin of 0.12% and a negative return on equity of 0.67%. The business had revenue of $77.85 million for the quarter, compared to analysts’ expectations of $78.67 million. During the same period in the prior year, the firm earned $0.04 earnings per share. Zoe’s Kitchen’s revenue was up 15.7% compared to the same quarter last year.
Institutional investors have recently modified their holdings of the business. Airain ltd acquired a new stake in Zoe’s Kitchen in the 2nd quarter worth about $126,000. Voya Investment Management LLC acquired a new position in shares of Zoe’s Kitchen in the 2nd quarter valued at approximately $127,000. Virtu KCG Holdings LLC acquired a new position in shares of Zoe’s Kitchen in the 2nd quarter valued at approximately $130,000. American International Group Inc. raised its position in shares of Zoe’s Kitchen by 7.1% in the 1st quarter. American International Group Inc. now owns 11,765 shares of the restaurant operator’s stock valued at $218,000 after buying an additional 781 shares in the last quarter. Finally, DF Dent & Co. Inc. raised its position in shares of Zoe’s Kitchen by 12.2% in the 2nd quarter. DF Dent & Co. Inc. now owns 13,978 shares of the restaurant operator’s stock valued at $166,000 after buying an additional 1,522 shares in the last quarter.
In related news, Director A Alexander Taylor II bought 3,100 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The stock was bought at an average price of $12.87 per share, for a total transaction of $39,897.00. Following the purchase, the director now owns 7,508 shares in the company, valued at approximately $96,627.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.00% of the company’s stock.
Zoe’s Kitchen Company Profile
Zoe’s Kitchen, Inc develops and operates fast-casual restaurants serving a menu of fresh, wholesome, Mediterranean-inspired dishes delivered with Southern hospitality. The Company’s menu offers meals made from scratch using produce, proteins and other ingredients, including its appetizers, soups, salads and kabobs.
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