Are Analysts Bearish Zoe's Kitchen, Inc. (NYSE:ZOES) After Last Week?

September 14, 2018 - By Robert Reynolds

Zoe's Kitchen, Inc. (NYSE:ZOES) LogoInvestors sentiment decreased to 0.87 in Q2 2018. Its down 0.13, from 1 in 2018Q1. It turned negative, as 18 investors sold Zoe's Kitchen, Inc. shares while 21 reduced holdings. 16 funds opened positions while 18 raised stakes. 16.03 million shares or 9.63% less from 17.73 million shares in 2018Q1 were reported.
Rhumbline Advisers stated it has 0% in Zoe's Kitchen, Inc. (NYSE:ZOES). Bridgeway Mngmt stated it has 0.01% in Zoe's Kitchen, Inc. (NYSE:ZOES). Dimensional Fund Advsrs L P holds 0% or 58,498 shares in its portfolio. Jefferies Grp owns 47,270 shares for 0% of their portfolio. Cubist Systematic Strategies Ltd Co has 0.01% invested in Zoe's Kitchen, Inc. (NYSE:ZOES). Wasatch Advisors, a Utah-based fund reported 125,877 shares. Citigroup reported 10,935 shares. Tocqueville Asset Management L P has 0.05% invested in Zoe's Kitchen, Inc. (NYSE:ZOES) for 436,954 shares. National Bank Of New York Mellon Corporation accumulated 73,273 shares. California State Teachers Retirement Systems stated it has 0% of its portfolio in Zoe's Kitchen, Inc. (NYSE:ZOES). D E Shaw And Company has invested 0% in Zoe's Kitchen, Inc. (NYSE:ZOES). Jane Street Group Inc Limited Liability holds 19,533 shares. Piedmont Inv Limited Liability Co accumulated 329 shares. California Public Employees Retirement has 31,900 shares for 0% of their portfolio. Goldman Sachs Gru reported 0% in Zoe's Kitchen, Inc. (NYSE:ZOES).

Zoe's Kitchen, Inc. (NYSE:ZOES) Ratings Coverage

Among 4 analysts covering Zoe’s Kitchen (NYSE:ZOES), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Zoe’s Kitchen had 5 analyst reports since May 25, 2018 according to SRatingsIntel. The firm has “Sell” rating given on Friday, May 25 by Piper Jaffray. The rating was downgraded by Maxim Group on Friday, May 25 to “Hold”. As per Friday, August 17, the company rating was downgraded by Jefferies. The rating was downgraded by William Blair on Friday, May 25 to “Hold”. The company was maintained on Monday, August 13 by Maxim Group. Below is a list of Zoe's Kitchen, Inc. (NYSE:ZOES) latest ratings and price target changes.

17/08/2018 Broker: Jefferies Old Rating: Buy New Rating: Hold Downgrade
13/08/2018 Broker: Maxim Group Old Rating: Hold New Rating: Hold Old Target: $12 New Target: $10 Maintain
25/05/2018 Broker: Piper Jaffray Rating: Sell Downgrade
25/05/2018 Broker: Maxim Group Old Rating: Buy New Rating: Hold Old Target: $20 Downgrade
25/05/2018 Broker: William Blair Rating: Hold Downgrade

The stock increased 0.15% or $0.02 during the last trading session, reaching $13.06. About 75,928 shares traded. Zoe's Kitchen, Inc. (NYSE:ZOES) has risen 2.02% since September 14, 2017 and is uptrending. It has underperformed by 13.60% the S&P500.

Zoe's Kitchen, Inc., through its subsidiaries, develops and operates a chain of fast-casual restaurants. The company has market cap of $256.03 million. It operates a range of restaurant formats, including in-line, end-cap, and free-standing restaurants. It currently has negative earnings. As of May 25, 2017, the firm operated 219 owned and franchised restaurants in 20 states of the United States.

More notable recent Zoe's Kitchen, Inc. (NYSE:ZOES) news were published by: Fool.com which released: “The Restaurant Industry Gets a Little More Concentrated” on August 22, 2018, also Digitaljournal.com with their article: “NYSE:ZOES Investor Alert: Investigation of Takeover of Zoe’s Kitchen, Inc” published on August 28, 2018, Seekingalpha.com published: “Zoe’s Kitchen +33% after go-private deal” on August 17, 2018. More interesting news about Zoe's Kitchen, Inc. (NYSE:ZOES) were released by: Bizjournals.com and their article: “Zoes Kitchen chain sold to competitor” published on August 20, 2018 as well as Seekingalpha.com‘s news article titled: “Wall Street Breakfast: China Requests WTO Sanctions Against US” with publication date: September 11, 2018.

Zoe's Kitchen, Inc. (NYSE:ZOES) Institutional Positions Chart

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