Potbelly (PBPB) Expected to Announce Earnings on Thursday

Potbelly (NASDAQ:PBPB - Get Free Report) is projected to announce its earnings results after the market closes on Thursday, March 6th. Analysts expect Potbelly to post earnings of $0.04 per share and revenue of $116.37 million for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

Potbelly Stock Performance

Shares of PBPB traded up $0.45 during trading hours on Friday, reaching $12.75. 265,125 shares of the company traded hands, compared to its average volume of 223,583. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.49. The stock's fifty day moving average is $11.24 and its 200 day moving average is $9.56. Potbelly has a 1-year low of $6.28 and a 1-year high of $14.36. The stock has a market cap of $381.70 million, a P/E ratio of 10.20 and a beta of 1.34.

Insider Buying and Selling at Potbelly

In other news, major shareholder David Nierenberg bought 7,600 shares of Potbelly stock in a transaction that occurred on Tuesday, January 7th. The stock was purchased at an average cost of $9.23 per share, with a total value of $70,148.00. Following the completion of the transaction, the insider now directly owns 101,998 shares in the company, valued at $941,441.54. This trade represents a 8.05 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 9.10% of the company's stock.

About Potbelly

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.