Good Times Restaurants (NASDAQ:GTIM) Receives New Coverage from Analysts at StockNews.com

Posted by Alanna Baker on Oct 18th, 2024

StockNews.com initiated coverage on shares of Good Times Restaurants (NASDAQ:GTIM – Free Report) in a research note published on Thursday morning. The firm issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Stock Up 2.2 %

Shares of NASDAQ:GTIM opened at $2.84 on Thursday. The stock’s 50-day moving average is $2.87 and its 200 day moving average is $2.69. The company has a market cap of $31.25 million, a PE ratio of 47.33 and a beta of 1.87. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.47 and a quick ratio of 0.38. Good Times Restaurants has a 1 year low of $2.15 and a 1 year high of $3.45.

Good Times Restaurants (NASDAQ:GTIM – Get Free Report) last posted its earnings results on Thursday, August 1st. The restaurant operator reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $37.94 million for the quarter. Good Times Restaurants had a return on equity of 3.48% and a net margin of 0.80%.

Institutional Investors Weigh In On Good Times Restaurants

A hedge fund recently raised its stake in Good Times Restaurants stock. Dimensional Fund Advisors LP boosted its stake in Good Times Restaurants Inc. (NASDAQ:GTIM – Free Report) by 71.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,959 shares of the restaurant operator’s stock after buying an additional 26,980 shares during the period. Dimensional Fund Advisors LP owned 0.59% of Good Times Restaurants worth $164,000 at the end of the most recent reporting period. 12.06% of the stock is currently owned by institutional investors.

Good Times Restaurants Company Profile

(Get Free Report)

Good Times Restaurants Inc, through its subsidiaries, engages in the restaurant business in the United States. It operates and franchises Good Times Burgers & Frozen Custard, an upscale quick-service drive-through dining restaurant; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant.