Zoe's Kitchen, Inc., through its subsidiaries, develops and operates a chain of fast-casual restaurants. It operates a range of restaurant formats, including in-line, end-cap, and free-standing restaurants. As of December 28, 2015, the company operated 163 owned and 3 franchised restaurants in 17 states of the United States. Zoe's Kitchen, Inc. was founded in 1995 and is based in Plano, Texas.
I have a small position and they actually came up with another good ER today. It is one of my favorite lunch locations and it is always packed. Prices are not expensive, food tastes great and employees are friendly; so overall customer experience is great.. They surely have a great growth potential but I am just not sure if it is enough to explain 156 forward P/E otherwise I would have a much bigger position. $38.7 (4.8%) as of now...
Reported after close today (5/31/16) Earnings: EPS $0.06 Revenue $80.4M Estimates: EPS $0.04 Revenue $78.88M Up 4.77% after hours
I just got back to this guy @22.37. It dropped significantly after I sold my small position. I have been waiting for it to find its bottom. I am still not sure if it finally did but at this price I believe risk/reward Ratio is on bull's side. Also, I liked the fact that it was green on a down market. So maybe sellers are finally exhausted. It is a bigger position than my previous position and I am ready to invest more if it keeps dropping. It might seem expensive P/E wise but their future growth potential makes it a fair price. They have already dropped the guidance on last ER, so risk for this ER is not high at all and I dont want to miss a surprise beat this quarter
Analyst Upgrade/Downgrade Update Brokerage firm: Maxim Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Buy Previous Price Target: $40 Current Price Target: $36
Reported after close today (11/14/16) Earnings: EPS $0.04 Revenue $67.3M Estimates: EPS $0.04 Revenue $68.04M Down 4.76% after hours today
Zoe's Kitchen (ZOES) Posts In-Line Q3 Earnings, Lags Sales http://finance.yahoo.com/news/zoes-kitchen-zoes-posts-line-125612110.html
Analyst Upgrade/Downgrade Update Brokerage firm: Telsey Advisory Group Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Market perform Previous Price Target: $36 Current Price Target: $26
Sold today at $26.5 with 18.5% gain as I am going more conservative with the Stock Market... It feels like people are starting to get greedy again
