FY2025 EPS Estimates for Potbelly Increased by William Blair

Potbelly Co. (NASDAQ:PBPB) – Analysts at William Blair upped their FY2025 earnings estimates for shares of Potbelly in a research note issued to investors on Monday, January 13th. William Blair analyst S. Zackfia now forecasts that the company will earn $0.27 per share for the year, up from their prior estimate of $0.23. The consensus estimate for Potbelly’s current full-year earnings is $0.21 per share.

Potbelly Stock Performance

PBPB opened at $10.37 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.49 and a quick ratio of 0.43. The company has a market capitalization of $310.48 million, a price-to-earnings ratio of 8.30 and a beta of 1.32. The business’s 50-day moving average price is $9.77 and its two-hundred day moving average price is $8.46. Potbelly has a 1 year low of $6.28 and a 1 year high of $14.36.

Insider Activity at Potbelly

In other Potbelly news, major shareholder David Nierenberg purchased 4,740 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of $9.36 per share, with a total value of $44,366.40. Following the purchase, the insider now directly owns 3,150 shares of the company’s stock, valued at $29,484. The trade was a -298.11 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 9.10% of the stock is owned by insiders.

Institutional Trading of Potbelly

A number of institutional investors have recently made changes to their positions in PBPB. XTX Topco Ltd increased its stake in Potbelly by 4.8% in the 3rd quarter. XTX Topco Ltd now owns 31,984 shares of the company’s stock valued at $267,000 after buying an additional 1,456 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Potbelly by 7.7% in the 2nd quarter. American Century Companies Inc. now owns 55,969 shares of the company’s stock valued at $449,000 after acquiring an additional 3,999 shares in the last quarter. Rhumbline Advisers increased its position in shares of Potbelly by 21.6% in the second quarter. Rhumbline Advisers now owns 35,146 shares of the company’s stock valued at $282,000 after acquiring an additional 6,239 shares during the last quarter. GSA Capital Partners LLP raised its holdings in Potbelly by 8.0% during the third quarter. GSA Capital Partners LLP now owns 94,765 shares of the company’s stock worth $790,000 after acquiring an additional 6,997 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Potbelly by 9.0% during the second quarter. Bank of New York Mellon Corp now owns 85,048 shares of the company’s stock valued at $683,000 after purchasing an additional 7,012 shares during the last quarter. Institutional investors own 72.60% of the company’s stock.

Potbelly Company Profile

Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly sandwich shops in the United States. The company was formerly known as Potbelly Sandwich Works, Inc and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Illinois.