Shares of Zoe's Kitchen Inc (NYSE:ZOES) have earned a consensus recommendation of “Hold” from the twelve research firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $16.72.

A number of analysts have commented on ZOES shares. Robert W. Baird reiterated a “hold” rating and issued a $15.00 price objective on shares of Zoe's Kitchen in a report on Tuesday, September 19th. Jefferies Group reiterated a “buy” rating and issued a $20.00 price objective on shares of Zoe's Kitchen in a report on Friday. ValuEngine upgraded shares of Zoe's Kitchen from a “sell” rating to a “hold” rating in a report on Tuesday, December 5th. Zacks Investment Research upgraded shares of Zoe's Kitchen from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. Finally, Cowen reiterated a “hold” rating and issued a $12.00 price objective on shares of Zoe's Kitchen in a report on Friday, November 10th.

Institutional investors have recently added to or reduced their stakes in the company. Rhumbline Advisers lifted its position in Zoe's Kitchen by 0.7% in the second quarter. Rhumbline Advisers now owns 21,143 shares of the restaurant operator’s stock valued at $252,000 after acquiring an additional 155 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in Zoe's Kitchen by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 66,390 shares of the restaurant operator’s stock valued at $791,000 after acquiring an additional 399 shares during the last quarter. Macquarie Group Ltd. lifted its position in Zoe's Kitchen by 0.8% in the second quarter. Macquarie Group Ltd. now owns 65,640 shares of the restaurant operator’s stock valued at $782,000 after acquiring an additional 499 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Zoe's Kitchen by 0.9% in the second quarter. Dimensional Fund Advisors LP now owns 71,428 shares of the restaurant operator’s stock valued at $851,000 after acquiring an additional 618 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in Zoe's Kitchen by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 16,430 shares of the restaurant operator’s stock valued at $196,000 after acquiring an additional 1,118 shares during the last quarter.

Zoe's Kitchen (NYSE:ZOES) traded down $0.02 during mid-day trading on Monday, hitting $17.19. 230,000 shares of the stock traded hands, compared to its average volume of 539,692. 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 twelve month low of $10.77 and a twelve month high of $25.92. The stock has a market cap of $336.15, a price-to-earnings ratio of 859.50 and a beta of 0.52.

Zoe's Kitchen (NYSE:ZOES) last posted its earnings results on Thursday, November 9th. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter. Zoe's Kitchen had a net margin of 0.12% and a negative return on equity of 0.66%. The business had revenue of $77.85 million for the quarter, compared to analyst estimates of $78.67 million. During the same period in the prior year, the company posted $0.04 EPS. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. research analysts expect that Zoe's Kitchen will post -0.1 EPS for the current year.

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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.

Analyst Recommendations for Zoe's Kitchen (NYSE:ZOES)

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