FY2025 EPS Estimates for Potbelly Decreased by William Blair

Potbelly Co. (NASDAQ:PBPB) – Research analysts at William Blair dropped their FY2025 earnings per share (EPS) estimates for Potbelly in a research report issued on Wednesday, January 8th. William Blair analyst S. Zackfia now expects that the company will post earnings per share of $0.23 for the year, down from their prior forecast of $0.25. The consensus estimate for Potbelly’s current full-year earnings is $0.21 per share.

Potbelly Trading Down 0.8 %

NASDAQ PBPB opened at $9.01 on Friday. The company has a fifty day simple moving average of $9.59 and a two-hundred day simple moving average of $8.39. The stock has a market cap of $269.73 million, a P/E ratio of 7.21 and a beta of 1.32. The company has a current ratio of 0.49, a quick ratio of 0.43 and a debt-to-equity ratio of 0.06. Potbelly has a 12-month low of $6.28 and a 12-month high of $14.36.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in shares of Potbelly by 122.6% during the third quarter. JPMorgan Chase & Co. now owns 67,053 shares of the company’s stock valued at $559,000 after acquiring an additional 36,930 shares during the last quarter. Barclays PLC lifted its stake in Potbelly by 247.8% during the third quarter. Barclays PLC now owns 39,780 shares of the company’s stock worth $332,000 after purchasing an additional 28,342 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Potbelly by 3.6% during the third quarter. Geode Capital Management LLC now owns 608,336 shares of the company’s stock worth $5,074,000 after buying an additional 21,188 shares during the period. Hodges Capital Management Inc. raised its holdings in shares of Potbelly by 29.4% in the 3rd quarter. Hodges Capital Management Inc. now owns 380,015 shares of the company’s stock valued at $3,169,000 after buying an additional 86,445 shares during the period. Finally, XTX Topco Ltd lifted its stake in Potbelly by 4.8% during the 3rd quarter. XTX Topco Ltd now owns 31,984 shares of the company’s stock worth $267,000 after acquiring an additional 1,456 shares in the last quarter. 72.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Potbelly

In related news, major shareholder David Nierenberg purchased 4,740 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The shares were purchased at an average cost of $9.36 per share, with a total value of $44,366.40. Following the purchase, the insider now owns 3,150 shares of the company’s stock, valued at $29,484. This represents a -298.11 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 9.10% 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.