Zoe’s Kitchen, Inc. (NYSE:ZOES) has been given an average rating of “Hold” by the thirteen brokerages that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $17.15.

A number of analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Zoe’s Kitchen from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. BidaskClub upgraded shares of Zoe’s Kitchen from a “strong sell” rating to a “sell” rating in a research report on Wednesday, November 15th. Cowen reissued a “hold” rating and set a $12.00 target price on shares of Zoe’s Kitchen in a research note on Friday, November 10th. Robert W. Baird reissued a “neutral” rating and set a $13.00 target price on shares of Zoe’s Kitchen in a research note on Friday, November 10th. Finally, Jefferies Group raised Zoe’s Kitchen from a “hold” rating to a “buy” rating and increased their target price for the stock from $11.01 to $16.00 in a research note on Friday, November 10th.

Shares of Zoe’s Kitchen (ZOES) traded up $0.55 during trading hours on Thursday, hitting $15.98. 1,058,139 shares of the company were exchanged, compared to its average volume of 547,066. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.61 and a current ratio of 0.71. Zoe’s Kitchen has a 1-year low of $10.77 and a 1-year high of $27.41.

Zoe’s Kitchen (NYSE:ZOES) last announced its quarterly earnings results on Thursday, November 9th. The restaurant operator reported $0.01 earnings per share 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 net margin of 0.12% and a negative return on equity of 0.66%. Zoe’s Kitchen’s revenue for the quarter was up 15.7% on a year-over-year basis. During the same period last year, the company posted $0.04 EPS. analysts forecast that Zoe’s Kitchen will post -0.1 EPS for the current fiscal year.

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

COPYRIGHT VIOLATION WARNING: “Zoe’s Kitchen, Inc. (ZOES) Given Average Rating of “Hold” by Brokerages” was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this article on another site, it was copied illegally and republished in violation of international trademark & copyright law. The original version of this article can be accessed at https://www.dailypolitical.com/2017/11/30/zoes-kitchen-inc-zoes-given-average-rating-of-hold-by-brokerages.html.

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)

Receive News & Ratings for Zoe's Kitchen Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zoe's Kitchen Inc. and related companies with MarketBeat.com's FREE daily email newsletter.