This specialty chain of sandwich eateries has seen 2 negative estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved lower over the same period. This implies trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s rally can last.
Potbelly currently holds a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Investors interested in the restaurant industry may consider better-ranked stocks like Red Robin Gourmet Burgers Inc. (RRGB), Brinker International, Inc. (EAT) and BJ's Restaurants, Inc. (BJRI). All the three stocks sport a Zacks Rank #1 (Strong Buy).
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