StockNews.com Initiates Coverage on Good Times Restaurants (NASDAQ:GTIM)

Posted by Paula Ricardo on Jan 16th, 2025

StockNews.com assumed coverage on shares of Good Times Restaurants (NASDAQ:GTIM – Free Report) in a report released on Monday morning. The brokerage issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Stock Performance

Shares of Good Times Restaurants stock opened at $2.42 on Monday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.47 and a quick ratio of 0.38. The stock has a market capitalization of $25.79 million, a price-to-earnings ratio of 16.13 and a beta of 1.86. The business has a 50-day moving average of $2.61 and a 200 day moving average of $2.71. Good Times Restaurants has a 12 month low of $2.18 and a 12 month high of $3.45.

Good Times Restaurants (NASDAQ:GTIM – Get Free Report) last posted its quarterly earnings data on Thursday, December 12th. The restaurant operator reported $0.02 EPS for the quarter. Good Times Restaurants had a net margin of 1.13% and a return on equity of 4.98%.

Institutional Trading of Good Times Restaurants

A hedge fund recently raised its stake in Good Times Restaurants stock. Dimensional Fund Advisors LP increased its stake in shares of Good Times Restaurants Inc. (NASDAQ:GTIM – Free Report) by 71.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,959 shares of the restaurant operator’s stock after purchasing an additional 26,980 shares during the quarter. Dimensional Fund Advisors LP owned 0.59% of Good Times Restaurants worth $164,000 at the end of the most recent quarter. 12.06% of the stock is currently owned by hedge funds and other 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.