PBPB Stock Summary and Trading Ideas (Potbelly | NASDAQ:PBPB)

Potbelly Corp owns and franchises hundreds of limited-service restaurants specializing in sandwiches and salads, shakes. The menu includes toasty sandwiches, signature salads, soups, chili, sides, desserts, and, in breakfast locations it serves breakfast sandwiches and steel-cut oatmeal. majority of its locations are company-owned and located in the United States, with Illinois and Texas housing far more locations than any other state. The company has franchise partners in a number of countries. Excluding the United States, its franchises are in the Middle East.

Potbelly trades on the NASDAQ stock market under the symbol PBPB.

As of April 18, 2024, PBPB stock price climbed to $10.29 with 199,917 million shares trading.

PBPB has a beta of 2.10, meaning it tends to be more sensitive to market movements. PBPB has a correlation of 0.20 to the broad based SPY ETF.

PBPB has a market cap of $305.44 million. This is considered a Small Cap stock.

Last quarter Potbelly reported $126 million in Revenue and $.02 earnings per share. This beat revenue expectation by $589,000 and missed earnings estimates by -$.01.

In the last 3 years, PBPB stock traded as high as $14.36 and as low as $4.31.

The top ETF exchange traded funds that PBPB belongs to (by Net Assets): VTI, IWM, VXF, IWO, VTWO.

PBPB has underperformed the market in the last year with a price return of +0.5% while the SPY ETF gained +22.2%. PBPB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -20.9% and -3.3%, respectively, while the SPY returned +5.2% and -2.6%, respectively.

PBPB support price is $9.84 and resistance is $10.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PBPB stock will trade within this expected range on the day.