Friday, March 27, 2015

Potbelly: Rebound Potential


Summary

  • Potbelly continues a trend of beating estimates while the stock bumps along the bottom.
  • Despite the large stock decline after irrational trading following an IPO, the stock trades at an exceptionally large forward PE ratio.
  • Investors need to keep the stock on a watch list due to the long-term growth potential, but one shouldn't expect the stock to rebound now.
After writing about Noodles & Company (NASDAQ:NDLS) earlier in the week, this article focuses on Potbelly (NASDAQ:PBPB). Both restaurant concepts had hot IPOs in 2013 and share similar less-than returns, though Potbelly has traded better than Noodles over the last 9 months.

Read the full article at Seeking Alpha.


Disclosure: No stocks mentioned. Please review the disclaimer page for more details. 




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