Potbelly Corp

Potbelly Corp Stock Forecast & Price Prediction

Live Potbelly Corp Stock (PBPB) Price
$9.77

4

Ratings

  • Buy 3
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$9.77

P/E Ratio

7.82

Volume Traded Today

$124,504

Dividend

Dividends not available for PBPB

52 Week High/low

14.36/6.28

Potbelly Corp Market Cap

$292.5M

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $PBPB ๐Ÿ›‘

Before you buy PBPB you'll want to see this list of ten stocks that have huge potential. Want to see if PBPB made the cut? Enter your email below

PBPB Summary

The Potbelly Corp (PBPB) share price is expected to increase by 56.94% over the next year. This is based on calculating the average 12-month share price estimate provided by 4 stock analysts who have covered PBPB. Price targets range from $14 at the low end to $16 at the high end. The current analyst consensus for PBPB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

PBPB Analyst Ratings

About 4 Wall Street analysts have assignedPBPB 3 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Potbelly Corp to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PBPB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

PBPB stock forecast by analyst

These are the latest 20 analyst ratings of PBPB.

Analyst/Firm

Rating

Price Target

Change

Date

Todd Brooks
Benchmark

Buy

$16

Reiterates

Aug 12, 2024
Jeremy Hamblin
Craig-Hallum

Buy

$16

Maintains

Aug 9, 2024
Todd Brooks
Benchmark

Buy

$16

Reiterates

May 28, 2024
Todd Brooks
Benchmark

Buy

$16

Maintains

Mar 8, 2024
Jeremy Hamblin
Craig-Hallum

Buy

$20

Maintains

Mar 8, 2024
Mark Smith
Lake Street

Buy

$15

Maintains

Mar 8, 2024
Todd Brooks
Benchmark

Buy

$15

Upgrade

Jan 12, 2024
Mark Smith
Lake Street

Buy

$11

Initiates

Oct 24, 2023
Jeremy Hamblin
Craig-Hallum

Buy

$15

Initiates

Oct 17, 2023
Todd Brooks
Benchmark

Hold


Initiates

Oct 3, 2023

PiperJaffray

Neutral


Downgrade

Dec 11, 2019
Nicole Miller Regan
Piper Sandler

Neutral

$5

Downgrade

Dec 11, 2019
Stephen Anderson
Maxim Group

Buy

$15

Upgrade

Oct 10, 2018

PiperJaffray

Overweight


Upgrade

Sep 28, 2017

Piper Sandler

Overweight


Upgrade

Sep 28, 2017

Maxim Group

Hold


Downgrade

Jul 21, 2017

Maxim Group

Buy


Upgrade

May 31, 2017

Maxim Group

Hold


Downgrade

May 3, 2017

William Blair

Market Perform


Downgrade

May 3, 2017

Maxim Group

Buy


Upgrade

Nov 7, 2016

PBPB Company Information

What They Do: Operates and franchises sandwich shops.

Business Model: Potbelly Corporation generates revenue primarily through the operation and franchising of its sandwich shops across the United States. The company earns income from direct sales at company-owned locations as well as franchise fees and royalties from franchise partners.

Other Information: Founded in 1977 and headquartered in Chicago, Potbelly has a long history in the fast-casual dining sector. The brand has evolved over the years and changed its name in 2002, reflecting its growth and expansion strategy.
PBPB
Potbelly Corp (PBPB)

When did it IPO

2013

Staff Count

5,000

Country

United States

Sector/Industry

Consumer Cyclical/Restaurants

CEO

Mr. Robert D. Wright

Market Cap

$292.5M

Potbelly Corp (PBPB) Financial Data

In 2023, PBPB generated $491.4M in revenue, which was a increase of 8.73% from the previous year. This can be seen as a signal that PBPB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$291.3M

Revenue From 2021

$380.1M

30.48 %
From Previous Year

Revenue From 2022

$452.0M

18.92 %
From Previous Year

Revenue From 2023

$491.4M

8.73 %
From Previous Year
  • Revenue TTM $471.7M
  • Operating Margin TTM 4.0%
  • Gross profit TTM $156.3M
  • Return on assets TTM 3.7%
  • Return on equity TTM 125.7%
  • Profit Margin 8.1%
  • Book Value Per Share 1.77%
  • Market capitalisation $292.5M
  • Revenue for 2021 $380.1M
  • Revenue for 2022 $452.0M
  • Revenue for 2023 $491.4M
  • EPS this year (TTM) $1.25

Potbelly Corp (PBPB) Latest News

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Potbelly's market value has increased fivefold since 2020. Despite a 4.7% Q3 2024 sales decline, franchise royalties rose 79%, and digital sales now make up 38% of total sales.

Why It Matters - Potbelly's strong franchise royalty growth and digital sales increase, despite recent sales decline, highlight resilience and effective strategy, making it an attractive investment opportunity.

News Image

Sat, 09 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Potbelly Corporation (NASDAQ:PBPB) will hold its Q3 2024 Earnings Conference Call on November 7, 2024, at 5:00 PM ET, featuring key company executives and financial analysts.

Why It Matters - The Potbelly Q3 earnings call will provide insights into financial performance and strategic direction, influencing investor sentiment and stock valuation.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Potbelly Corporation (NASDAQ: PBPB) has finalized six multi-unit development agreements to open new shops in Arizona, Illinois, Missouri, North Carolina, Texas, and Virginia.

Why It Matters - Potbelly's expansion through new development agreements signals growth potential, which could enhance revenue and market presence, positively impacting stock performance.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Potbelly Corporation (NASDAQ: PBPB) plans to open 15 new sandwich shops in Georgia, partnering with Royal Restaurant Group for the development in the greater Atlanta area.

Why It Matters - Potbelly's expansion into Georgia signals growth potential, likely boosting revenue and market presence, which can enhance investor confidence and potentially increase share value.

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Potbelly (PBPB) reported Q3 earnings of $0.08 per share, surpassing the Zacks Consensus Estimate of $0.05 and increasing from $0.04 per share year-over-year.

Why It Matters - Potbelly's earnings beat expectations, indicating stronger performance and growth, which can boost investor confidence and potentially drive stock prices higher.

News Image

Mon, 21 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Immersion Investments has issued an open letter to Potbelly Corporation, urging the company to take immediate action to enhance shareholder value.

Why It Matters - The open letter signals potential changes in Potbelly's management or strategy, which could impact share value and investor returns. Market reactions may follow based on the company's response.

...

PBPB Frequently asked questions

The highest forecasted price for PBPB is $16 from Todd Brooks at Benchmark.

The lowest forecasted price for PBPB is $14 from from

The PBPB analyst ratings consensus are 3 buy ratings, 1 hold ratings, and 0 sell ratings.