PotbellyPBPB
Market Cap: $225M
About: Potbelly Corp owns and franchises hundreds of limited-service restaurants specializing in sandwiches and salads, shakes. The menu includes toasty sandwiches, signature salads, soups, chili, sides, desserts, and, in breakfast locations it serves breakfast sandwiches and steel-cut oatmeal. majority of its locations are company-owned and located in the United States, with Illinois and Texas housing far more locations than any other state. The company has franchise partners in a number of countries. Excluding the United States, its franchises are in the Middle East.
Employees: 5,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
13,471% more call options, than puts
Call options by funds: $1.9M | Put options by funds: $14K
100% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 4 (+2) [Q2]
34% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 32
1.38% less ownership
Funds ownership: 71.34% [Q1] → 69.96% (-1.38%) [Q2]
6% less funds holding
Funds holding: 118 [Q1] → 111 (-7) [Q2]
27% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 26
34% less capital invested
Capital invested by funds: $256M [Q1] → $168M (-$88.1M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Benchmark Todd Brooks 39% 1-year accuracy 18 / 46 met price target | 112%upside $16 | Buy Reiterated | 12 Aug 2024 |
Craig-Hallum Jeremy Hamblin 40% 1-year accuracy 10 / 25 met price target | 112%upside $16 | Buy Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 9 articles about PBPB published over the past 30 days