Somewhat Favorable News Coverage Somewhat Unlikely to Impact Good Times Restaurants (GTIM) Share Price
News stories about Good Times Restaurants (NASDAQ:GTIM) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Good Times Restaurants earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the restaurant operator an impact score of 45.1184558226405 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Restaurants Go on Diet After Years of Fattening Up U.S. Job Gains (bloomberg.com)
- Kids Score With Expanded Kid’s Menu At Good Times! (Photo: Business Wire) (thestreet.com)
- Same-store sales at Good Times Restaurants outpace industry (seekingalpha.com)
- Good Times Restaurants Reports Fiscal 2017 Q4 Same Store Sales And The Opening Of A Bad Daddy’s Restaurant In Concord, North Carolina (thestreet.com)
- Kids Score with Expanded Kid’s Meal Menu at Good Times (finance.yahoo.com)
Good Times Restaurants (GTIM) remained flat at $3.15 during midday trading on Friday. The company’s stock had a trading volume of 5,105 shares. The stock’s 50 day moving average price is $2.82 and its 200-day moving average price is $3.21. Good Times Restaurants has a 12 month low of $2.50 and a 12 month high of $3.78. The stock’s market capitalization is $39.15 million.
Good Times Restaurants (NASDAQ:GTIM) last released its quarterly earnings results on Thursday, August 10th. The restaurant operator reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.03). The firm had revenue of $21.70 million for the quarter, compared to analyst estimates of $21.70 million. Good Times Restaurants had a negative net margin of 2.25% and a negative return on equity of 4.44%. Equities research analysts forecast that Good Times Restaurants will post ($0.19) earnings per share for the current fiscal year.
Several equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Good Times Restaurants from a “sell” rating to a “hold” rating in a research report on Wednesday. Maxim Group reaffirmed a “buy” rating and set a $6.00 price objective on shares of Good Times Restaurants in a research report on Tuesday. Finally, TheStreet cut shares of Good Times Restaurants from a “c-” rating to a “d” rating in a research report on Friday, August 11th.
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In related news, Director Alan A. Teran acquired 9,000 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was bought at an average cost of $2.90 per share, with a total value of $26,100.00. Following the acquisition, the director now directly owns 40,877 shares in the company, valued at $118,543.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders have acquired 44,706 shares of company stock valued at $123,035. 8.37% of the stock is owned by company insiders.
Good Times Restaurants Company Profile
Good Times Restaurants Inc operates and franchises Good Times Burgers & Frozen Custard (Good Times) restaurants and Bad Daddy’s Burger Bar concept (Bad Daddy’s). The Company operates through two segments: Good Times Burgers and Frozen Custard restaurants, and Bad Daddy’s Burger Bar restaurants. Good Times is a quick service restaurant concept.
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