Zoe’s Kitchen, Inc. (NYSE:ZOES) – Stock analysts at Jefferies Group issued their Q1 2018 earnings per share estimates for shares of Zoe’s Kitchen in a research report issued to clients and investors on Friday. Jefferies Group analyst A. Barish expects that the restaurant operator will post earnings of $0.01 per share for the quarter. Jefferies Group has a “Buy” rating and a $16.00 price objective on the stock. Jefferies Group also issued estimates for Zoe’s Kitchen’s Q3 2018 earnings at ($0.01) EPS and Q4 2018 earnings at ($0.12) EPS.

A number of other equities research analysts also recently issued reports on ZOES. Maxim Group reduced their price target on Zoe’s Kitchen from $24.00 to $20.00 and set a “buy” rating on the stock in a research report on Monday, August 14th. Robert W. Baird reduced their price target on Zoe’s Kitchen from $15.00 to $13.00 and set a “neutral” rating on the stock in a research report on Monday, August 14th. Telsey Advisory Group raised Zoe’s Kitchen from a “market perform” rating to an “outperform” rating and raised their target price for the company from $15.00 to $17.00 in a report on Thursday, August 17th. They noted that the move was a valuation call. Credit Suisse Group reduced their target price on Zoe’s Kitchen from $13.00 to $12.50 and set an “underperform” rating on the stock in a report on Friday, August 18th. Finally, Zacks Investment Research raised Zoe’s Kitchen from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. Zoe’s Kitchen has an average rating of “Hold” and an average target price of $17.15.

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Shares of Zoe’s Kitchen (NYSE ZOES) traded up $1.49 during trading hours on Monday, reaching $12.50. The company had a trading volume of 2,794,800 shares, compared to its average volume of 542,153. Zoe’s Kitchen has a 1-year low of $10.77 and a 1-year high of $27.41. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.54 and a current ratio of 0.63.

Zoe’s Kitchen (NYSE:ZOES) last issued its quarterly earnings results on Thursday, November 9th. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $77.85 million for the quarter, compared to the consensus estimate of $78.67 million. Zoe’s Kitchen had a negative return on equity of 0.67% and a net margin of 0.12%. The firm’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.04 earnings per share.

In other news, Director A Alexander Taylor II purchased 3,100 shares of the company’s stock in a transaction dated Tuesday, August 22nd. The stock was bought at an average cost of $12.87 per share, for a total transaction of $39,897.00. Following the purchase, the director now owns 7,508 shares of the company’s stock, valued at $96,627.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 3.00% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. Airain ltd bought a new position in shares of Zoe’s Kitchen in the 2nd quarter valued at $126,000. Voya Investment Management LLC bought a new position in shares of Zoe’s Kitchen in the 2nd quarter valued at $127,000. Virtu KCG Holdings LLC bought a new position in shares of Zoe’s Kitchen in the 2nd quarter valued at $130,000. DF Dent & Co. Inc. lifted its stake in shares of Zoe’s Kitchen by 12.2% in the 2nd quarter. DF Dent & Co. Inc. now owns 13,978 shares of the restaurant operator’s stock valued at $166,000 after acquiring an additional 1,522 shares during the last quarter. Finally, Royce & Associates LP bought a new position in Zoe’s Kitchen during the 2nd quarter worth $179,000.

About Zoe’s Kitchen

Zoe’s Kitchen, Inc develops and operates fast-casual restaurants serving a menu of fresh, wholesome, Mediterranean-inspired dishes delivered with Southern hospitality. The Company’s menu offers meals made from scratch using produce, proteins and other ingredients, including its appetizers, soups, salads and kabobs.

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