Somewhat Positive Press Coverage Somewhat Unlikely to Affect Zoe's Kitchen (ZOES) Share Price

Press coverage about Zoe's Kitchen (NYSE:ZOES) has been trending somewhat positive on Wednesday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Zoe's Kitchen earned a news impact score of 0.23 on Accern’s scale. Accern also gave news stories about the restaurant operator an impact score of 46.8425088294434 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of Zoe's Kitchen (NYSE:ZOES) traded up $0.17 during trading hours on Wednesday, reaching $13.84. The company’s stock had a trading volume of 263,588 shares, compared to its average volume of 340,134. The stock has a market capitalization of $270.64, a PE ratio of 692.00 and a beta of 0.33. Zoe's Kitchen has a 1-year low of $10.77 and a 1-year high of $23.65. The company has a quick ratio of 0.61, a current ratio of 0.71 and a debt-to-equity ratio of 0.09.

Several equities research analysts have weighed in on ZOES shares. Zacks Investment Research cut Zoe's Kitchen from a “hold” rating to a “sell” rating in a report on Thursday, October 19th. Maxim Group reiterated a “buy” rating and issued a $20.00 price objective on shares of Zoe's Kitchen in a report on Thursday, November 2nd. Jefferies Group upgraded Zoe's Kitchen from a “hold” rating to a “buy” rating and raised their target price for the company from $11.01 to $16.00 in a research note on Friday, November 10th. Robert W. Baird restated a “neutral” rating and issued a $13.00 target price on shares of Zoe's Kitchen in a research note on Friday, November 10th. Finally, Cowen restated a “hold” rating and issued a $12.00 target price on shares of Zoe's Kitchen in a research note on Friday, November 10th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. Zoe's Kitchen currently has an average rating of “Hold” and a consensus price target of $16.72.

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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.

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