Breaking News Instant updates and real-time market news.

PBPB

Potbelly

$12.15

-0.3 (-2.41%)

16:40
08/07/18
08/07
16:40
08/07/18
16:40

Potbelly reports Q2 EPS 13c, consensus 13c

Reports Q2 revenue $110.3M, consensus $112.41M. Company-operated comparable store sales decreased 0.2%. Adjusted EBITDA decreased 2.6% to $11.5M from $11.8M.Alan Johnson, Chief Executive Officer and President of Potbelly Corporation, commented, "We are pleased with our performance in the second quarter, where we delivered revenue of $110 million and adjusted EPS of $0.13. We are encouraged by the improvement in our company-operated same store sales, which was nearly flat at -0.2%, and was driven by stronger traffic and higher check. The positive trajectory of our comp trends confirms to me that we are effectively executing on our traffic building initiatives." Johnson, continued, "While we are encouraged by our performance through the first half of the year, we recognize that 2018 is a transition year for Potbelly and there is still much work to be done. However, we have assembled the right leadership team and are executing on the right strategies to effect a successful turnaround of the Company."

  • 07

    Aug

PBPB Potbelly
$12.15

-0.3 (-2.41%)

09/28/17
09/28/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. McDonald's (MCD) upgraded to Buy from Neutral at Longbow with analyst Alton Stump citing better than expected third quarter U.S. comparable store sales trends. 2. Philip Morris (PM) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Judy Hong saying the company offers a "rare innovation product cycle story within Staples" along with the strongest global positioning in next generation products. 3. BlackRock (BLK) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Alexander Blostein saying he expects an acceleration in annual operating income growth given improving trends in active, easing pressures on blended fee rates, and scaling of its tech platform which should lead to sustainable multiple improvement. 4. Potbelly (PBPB) upgraded to Overweight from Neutral at Piper Jaffray with analyst Nicole Miller Regan saying she believes a "compelling" turnaround is building. 5. Huntsman (HUN) upgraded to Outperform from Market Perform at Wells Fargo with analyst Frank Mitsch saying the recent weakness in the shares is a buying opportunity. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/22/17
PIPR
11/22/17
NO CHANGE
Target $17
PIPR
Overweight
Potbelly shares remain 'top recovery pick' at Piper Jaffray
After traveling with management, Piper Jaffray analyst Nicole Miller Regan says shares of Potbelly remain her "top recovery pick." The analyst has increased confidence in the company "executing against long-term comp catalysts via technology implementation, back-line utilization and overall branding." She points out that consensus ratings remain 17% Sell and 67% Neutral rated. Regan has an Overweight rating on Potbelly with a $17 price target.
12/05/17
MAXM
12/05/17
NO CHANGE
Target $13
MAXM
Hold
Potbelly naming new CEO removes some uncertainty, says Maxim
Maxim analyst Stephen Anderson nudged his price target on Potbelly to $13 from $12, saying the company's naming of Alan Johnson as new CEO removes some management uncertainty as it continues to undergo a strategic review. Anderson keeps his Hold rating, noting that any potential upside from the review is likely to be offset by a still-uncertain fundamental outlook. The analyst believes that the most likely outcome of the review is a more aggressive refranchising program, with the proceeds to be used to buy back shares.
01/02/18
WELS
01/02/18
NO CHANGE
WELS
Potbelly, Del Taco may see largest EPS tailwind from tax reform, says Wells Fargo
Wells Fargo argues that Potbelly (PBPB), Del Taco (TACO), El Pollo Loco (LOCO) and Jack in the Box (JACK) could see the largest EPS accretion tailwind from a reduced corporate tax rate, with Restaurant Brands (QSR), Red Robin (RRGB), Noodles & Company (NDLS) and Yum! Brands (YUM) the companies that could see the smallest tailwind. Recent restaurant rally indicates that virtually the entire sector has benefited from anticipation of potential tax reform, with the most heavily shorted names seeing an amplified move, the firm adds.

TODAY'S FREE FLY STORIES

JMIA

Jumia Technologies

$25.42

-0.26 (-1.01%)

12:20
06/24/19
06/24
12:20
06/24/19
12:20
Periodicals
Jumia Food eyes Africa's middle class to boost growth, Reuters says »

Jumia Food, Jumia…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ETFC

E-Trade

$44.83

-1.4 (-3.03%)

12:20
06/24/19
06/24
12:20
06/24/19
12:20
Options
E Trade put seller opens August 40 strike position »

E Trade put seller opens…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 06

    Aug

T

AT&T

$32.59

0.13 (0.40%)

12:18
06/24/19
06/24
12:18
06/24/19
12:18
Hot Stocks
AT&T's WarnerMedia appoints Ann Sarnoff CEO of Warner Bros. »

WarnerMedia CEO John…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jul

FTD

FTD Companies

$0.00

(0.00%)

12:17
06/24/19
06/24
12:17
06/24/19
12:17
Hot Stocks
FTD Companies enters into asset purchase agreement for Personal Creations »

FTD Companies provided an…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
06/24/19
06/24
12:17
06/24/19
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
06/24/19
06/24
12:16
06/24/19
12:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BMY

Bristol-Myers

$45.94

-3.42 (-6.93%)

, CELG

Celgene

$93.98

-4.94 (-4.99%)

12:15
06/24/19
06/24
12:15
06/24/19
12:15
On The Fly
Fly Intel: Wall Street's top stories at midday »

Stocks are mildly higher…

BMY

Bristol-Myers

$45.94

-3.42 (-6.93%)

CELG

Celgene

$93.98

-4.94 (-4.99%)

ERI

Eldorado Resorts

$45.74

-5.48 (-10.70%)

CZR

Caesars

$11.52

1.53 (15.32%)

PCMI

PCM, Inc.

$34.71

10.36 (42.55%)

NSIT

Insight Enterprises

$57.56

1.37 (2.44%)

KRYS

Krystal Biotech

$37.20

7.92 (27.05%)

SBH

Sally Beauty

$12.94

-1.85 (-12.51%)

AMZN

Amazon.com

$1,909.00

-1.42 (-0.07%)

WAB

Wabtec

$68.53

-4.22 (-5.80%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jun

  • 24

    Jun

  • 24

    Jun

  • 24

    Jun

  • 25

    Jun

  • 25

    Jun

  • 27

    Jun

  • 02

    Jul

  • 10

    Jul

  • 25

    Jul

  • 03

    Sep

  • 16

    Sep

  • 13

    Nov

  • 04

    Dec

  • 25

    Mar

  • 04

    Apr

SRPT

Sarepta

$128.78

-1.13 (-0.87%)

12:15
06/24/19
06/24
12:15
06/24/19
12:15
Options
Sarepta put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Aug

ENS

EnerSys

$66.07

0.2997 (0.46%)

12:07
06/24/19
06/24
12:07
06/24/19
12:07
Conference/Events
EnerSys management to meet with SunTrust »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jun

  • 25

    Jun

  • 26

    Jun

  • 27

    Jun

GBT

Global Blood Therapeutics

$64.21

1.2 (1.90%)

12:05
06/24/19
06/24
12:05
06/24/19
12:05
Options
Global Blood Therapeutics call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

KRYS

Krystal Biotech

$37.20

7.92 (27.05%)

12:03
06/24/19
06/24
12:03
06/24/19
12:03
Recommendations
Krystal Biotech analyst commentary  »

Krystal Biotech price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jun

CNC

Centene

$55.52

-0.86 (-1.53%)

, WCG

WellCare

$296.08

-3.1 (-1.04%)

12:01
06/24/19
06/24
12:01
06/24/19
12:01
Hot Stocks
Centene, WellCare stockholders approve proposals regarding WellCare acquisition »

Centene Corporation (CNC)…

CNC

Centene

$55.52

-0.86 (-1.53%)

WCG

WellCare

$296.08

-3.1 (-1.04%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jun

  • 24

    Jun

  • 23

    Jul

QUAD

Quad/Graphics

$8.16

-0.94 (-10.33%)

12:00
06/24/19
06/24
12:00
06/24/19
12:00
Hot Stocks
Quad/Graphics falls -10.5% »

Quad/Graphics is down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SBH

Sally Beauty

$13.02

-1.77 (-11.97%)

12:00
06/24/19
06/24
12:00
06/24/19
12:00
Hot Stocks
Sally Beauty falls -11.9% »

Sally Beauty is down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DGAZ

VelocityShares 3x Inv Natural Gas ETN

$171.00

-25.38 (-12.92%)

12:00
06/24/19
06/24
12:00
06/24/19
12:00
Hot Stocks
VelocityShares 3x Inv Natural Gas ETN falls -13.0% »

VelocityShares 3x Inv…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

RTEC

Rudolph Technologies

$27.82

2.81 (11.24%)

12:00
06/24/19
06/24
12:00
06/24/19
12:00
Hot Stocks
Rudolph Technologies rises 11.0% »

Rudolph Technologies is…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jun

  • 10

    Jul

TLRD

Tailored Brands

$6.16

0.62 (11.19%)

12:00
06/24/19
06/24
12:00
06/24/19
12:00
Hot Stocks
Tailored Brands rises 11.0% »

Tailored Brands is up…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

UGAZ

VelocityShares 3x Long Natural Gas ETN

$15.45

1.71 (12.45%)

12:00
06/24/19
06/24
12:00
06/24/19
12:00
Hot Stocks
VelocityShares 3x Long Natural Gas ETN rises 12.6% »

VelocityShares 3x Long…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

11:55
06/24/19
06/24
11:55
06/24/19
11:55
General news
Treasury's $72 B 3- and 6-month bill auctions were ok but sloppy »

Treasury's $72 B 3-…

INGN

Inogen

$72.22

0.93 (1.30%)

11:55
06/24/19
06/24
11:55
06/24/19
11:55
Conference/Events
William Blair medical tech analyst to hold a luncheon »

Medical Technology…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jun

  • 26

    Aug

GTLS

Chart Industries

$70.49

0.33 (0.47%)

11:54
06/24/19
06/24
11:54
06/24/19
11:54
Conference/Events
Chart Industries management to meet with Seaport Global »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jun

  • 25

    Jun

  • 26

    Jun

  • 11

    Jul

SPY

SPDR S&P 500 ETF Trust

$294.30

0.31 (0.11%)

, SPX

S&P 500

$0.00

(0.00%)

11:50
06/24/19
06/24
11:50
06/24/19
11:50
General news
Trump signing executive order for 'strong sanctions' on Iran, Bloomberg reports »

Bloomberg quotes…

SPY

SPDR S&P 500 ETF Trust

$294.30

0.31 (0.11%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HAL

Halliburton

$22.55

-0.28 (-1.23%)

11:50
06/24/19
06/24
11:50
06/24/19
11:50
Options
Halliburton trader exits late-may risk-reversal for a loss »

Halliburton trader exits…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jul

  • 27

    Aug

  • 13

    Nov

KRYS

Krystal Biotech

$37.20

7.92 (27.05%)

11:46
06/24/19
06/24
11:46
06/24/19
11:46
Recommendations
Krystal Biotech analyst commentary  »

Krystal Biotech price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jun

TLRD

Tailored Brands

$6.11

0.565 (10.20%)

11:45
06/24/19
06/24
11:45
06/24/19
11:45
Options
Tailored Brands call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.