Zoe's Kitchen Inc (NYSE:ZOES) has been assigned an average recommendation of “Hold” from the twelve brokerages that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $16.69.

Several equities analysts have issued reports on the stock. ValuEngine downgraded shares of Zoe's Kitchen from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Zacks Investment Research raised shares of Zoe's Kitchen from a “sell” rating to a “hold” rating in a report on Saturday, January 27th. Robert W. Baird reaffirmed a “neutral” rating and set a $13.00 price objective on shares of Zoe's Kitchen in a report on Friday, November 10th. BidaskClub raised shares of Zoe's Kitchen from a “strong sell” rating to a “sell” rating in a research note on Wednesday, November 15th. Finally, Jefferies Group reissued a “buy” rating and issued a $20.00 price target on shares of Zoe's Kitchen in a research note on Friday, December 22nd.

Several large investors have recently bought and sold shares of the company. Landscape Capital Management L.L.C. purchased a new position in shares of Zoe's Kitchen in the fourth quarter worth about $1,720,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of Zoe's Kitchen in the fourth quarter worth about $475,000. Prescott Group Capital Management L.L.C. lifted its stake in shares of Zoe's Kitchen by 24.5% in the fourth quarter. Prescott Group Capital Management L.L.C. now owns 79,700 shares of the restaurant operator’s stock worth $1,333,000 after buying an additional 15,700 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in shares of Zoe's Kitchen by 13.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 79,173 shares of the restaurant operator’s stock worth $1,324,000 after buying an additional 9,110 shares in the last quarter. Finally, Sicart Associates LLC purchased a new position in Zoe's Kitchen during the fourth quarter worth about $276,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

Zoe's Kitchen (ZOES) traded down $0.08 on Tuesday, reaching $13.67. 148,091 shares of the company’s stock traded hands, compared to its average volume of 340,083. The company has a current ratio of 0.71, a quick ratio of 0.61 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $262.62, a P/E ratio of 1,368.37 and a beta of 0.33. Zoe's Kitchen has a fifty-two week low of $10.77 and a fifty-two week high of $23.65.

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Zoe's Kitchen Company Profile

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.

Analyst Recommendations for Zoe's Kitchen (NYSE:ZOES)

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