Somewhat Favorable News Coverage Somewhat Unlikely to Affect Zoe's Kitchen (ZOES) Stock Price
Headlines about Zoe's Kitchen (NYSE:ZOES) have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Zoe's Kitchen earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave news stories about the restaurant operator an impact score of 47.0611138600898 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Zoe's Kitchen stock opened at $15.48 on Monday. Zoe's Kitchen has a fifty-two week low of $10.77 and a fifty-two week high of $18.84. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.51 and a quick ratio of 0.41. The stock has a market cap of $303.22, a P/E ratio of -140.73 and a beta of 0.29.
Zoe's Kitchen (NYSE:ZOES) last issued its earnings results on Thursday, February 22nd. The restaurant operator reported ($0.12) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.12). The company had revenue of $71.38 million for the quarter, compared to analysts’ expectations of $71.64 million. Zoe's Kitchen had a negative net margin of 0.63% and a negative return on equity of 1.46%. The firm’s quarterly revenue was up 15.2% on a year-over-year basis. During the same quarter last year, the company posted ($0.07) earnings per share. analysts expect that Zoe's Kitchen will post -0.13 EPS for the current fiscal year.
In other Zoe's Kitchen news, major shareholder Misada Capital Flagship Fund L purchased 379,918 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were acquired at an average price of $14.00 per share, for a total transaction of $5,318,852.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 3.00% of the company’s stock.
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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.
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