Research Analysts’ Weekly Ratings Updates for Zoe’s Kitchen (ZOES)

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Zoe’s Kitchen (NYSE: ZOES) recently received a number of ratings updates from brokerages and research firms:

  • 9/6/2018 – Zoe’s Kitchen was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 8/21/2018 – Zoe’s Kitchen was downgraded by analysts at William Blair from an “outperform” rating to a “market perform” rating.
  • 8/20/2018 – Zoe’s Kitchen had its price target raised by analysts at Maxim Group to $12.75. They now have a “hold” rating on the stock.
  • 8/18/2018 – Zoe’s Kitchen was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 8/17/2018 – Zoe’s Kitchen was downgraded by analysts at Telsey Advisory Group from an “outperform” rating to a “market perform” rating. They now have a $13.00 price target on the stock, up previously from $12.00.
  • 8/17/2018 – Zoe’s Kitchen was downgraded by analysts at Jefferies Financial Group Inc from a “buy” rating to a “hold” rating.
  • 8/13/2018 – Zoe’s Kitchen had its price target lowered by analysts at Maxim Group from $12.00 to $10.00. They now have a “hold” rating on the stock.
  • 8/2/2018 – Zoe’s Kitchen was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 8/1/2018 – Zoe’s Kitchen was upgraded by analysts at William Blair from a “market perform” rating to an “outperform” rating.

Shares of ZOES opened at $13.31 on Thursday. The company has a current ratio of 0.60, a quick ratio of 0.47 and a debt-to-equity ratio of 0.17. Zoe’s Kitchen Inc has a 12 month low of $8.22 and a 12 month high of $17.65. The firm has a market cap of $268.58 million, a price-to-earnings ratio of -133.10 and a beta of 0.38.

A number of institutional investors and hedge funds have recently modified their holdings of ZOES. Tower Research Capital LLC TRC boosted its stake in Zoe’s Kitchen by 192.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 18,562 shares of the restaurant operator’s stock valued at $181,000 after purchasing an additional 12,219 shares during the last quarter. Jane Street Group LLC purchased a new stake in Zoe’s Kitchen during the 2nd quarter valued at $191,000. Wrapmanager Inc. purchased a new stake in Zoe’s Kitchen during the 2nd quarter valued at $195,000. OLD National Bancorp IN purchased a new stake in Zoe’s Kitchen during the 2nd quarter valued at $207,000. Finally, Trexquant Investment LP boosted its stake in Zoe’s Kitchen by 36.0% during the 2nd quarter. Trexquant Investment LP now owns 22,957 shares of the restaurant operator’s stock valued at $224,000 after purchasing an additional 6,077 shares during the last quarter. Institutional investors and hedge funds own 83.57% of the company’s stock.

Zoe's Kitchen, Inc, through its subsidiaries, develops and operates a chain of fast-casual restaurants. It operates a range of restaurant formats, including in-line, end-cap, and free-standing restaurants. As of February 22, 2018, the company operated owned and franchised 249 restaurants in 20 states of the United States.

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