Research Analysts Issue Forecasts for Good Times Restaurants Inc.’s Q2 2018 Earnings (GTIM)

Good Times Restaurants Inc. (NASDAQ:GTIM) – Stock analysts at Dougherty & Co issued their Q2 2018 earnings per share estimates for shares of Good Times Restaurants in a research note issued on Sunday. Dougherty & Co analyst J. Hamblin forecasts that the restaurant operator will earn ($0.04) per share for the quarter.

GTIM has been the topic of a number of other reports. Zacks Investment Research upgraded Good Times Restaurants from a “hold” rating to a “buy” rating and set a $2.75 price target on the stock in a research note on Wednesday, December 13th. Maxim Group restated a “buy” rating and issued a $6.00 price target on shares of Good Times Restaurants in a research note on Wednesday, January 3rd.

Shares of Good Times Restaurants (NASDAQ:GTIM) opened at $2.35 on Tuesday. The company has a market capitalization of $29.92, a price-to-earnings ratio of -13.05 and a beta of 0.51. Good Times Restaurants has a 52 week low of $2.25 and a 52 week high of $3.78. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.76 and a current ratio of 0.88.

Good Times Restaurants (NASDAQ:GTIM) last issued its earnings results on Thursday, December 7th. The restaurant operator reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.02. Good Times Restaurants had a negative return on equity of 5.92% and a negative net margin of 2.59%. The business had revenue of $22.58 million for the quarter.

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About Good Times Restaurants

Good Times Restaurants Inc operates and franchises Good Times Burgers & Frozen Custard (Good Times) restaurants and Bad Daddy’s Burger Bar concept (Bad Daddy’s). The Company operates through two segments: Good Times Burgers and Frozen Custard restaurants, and Bad Daddy’s Burger Bar restaurants. Good Times is a quick service restaurant concept.

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