Good Times Restaurants Inc (NASDAQ:GTIM) Institutional Investors Sentiment Change

December 8, 2017 - By Henry Gaston

 Good Times Restaurants Inc (NASDAQ:GTIM) Institutional Investors Sentiment Change

Sentiment for Good Times Restaurants Inc (NASDAQ:GTIM)

Good Times Restaurants Inc (NASDAQ:GTIM) institutional sentiment increased to 2.33 in Q2 2017. Its up 1.62, from 0.71 in 2017Q1. The ratio has improved, as 7 active investment managers increased or started new stock positions, while 3 sold and decreased their positions in Good Times Restaurants Inc. The active investment managers in our partner’s database now have: 4.06 million shares, down from 4.06 million shares in 2017Q1. Also, the number of active investment managers holding Good Times Restaurants Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 2 Increased: 4 New Position: 3.

Good Times Restaurants, Inc., through its subsidiaries, owns, operates, and franchises restaurants in the United States. The company has market cap of $30.45 million. As of September 27, 2016, it operated 20 company-owned and 7 joint venture drive-thru fast food hamburger restaurants in Colorado, as well as 10 franchises in Colorado and Wyoming under the Good Times Burgers & Frozen Custard name; 9 company-owned full-service upscale casual dining restaurants under the Bad DaddyÂ’s Burger Bar name in Colorado; and 4 company-owned and 3 joint venture full-service upscale casual dining restaurants in North Carolina, as well as 2 franchises in South Carolina and Tennessee under the Bad DaddyÂ’s Burger Bar name. It currently has negative earnings.

The stock decreased 2.00% or $0.05 during the last trading session, reaching $2.45. About 23,716 shares traded or 27.77% up from the average. Good Times Restaurants, Inc. (NASDAQ:GTIM) has risen 20.21% since December 8, 2016 and is uptrending. It has outperformed by 3.51% the S&P500.

Analysts await Good Times Restaurants, Inc. (NASDAQ:GTIM) to report earnings on December, 14. They expect $-0.10 earnings per share, down 900.00 % or $0.09 from last year’s $-0.01 per share. After $-0.02 actual earnings per share reported by Good Times Restaurants, Inc. for the previous quarter, Wall Street now forecasts 400.00 % negative EPS growth.

Manatuck Hill Partners Llc holds 1.86% of its portfolio in Good Times Restaurants, Inc. for 1.04 million shares. Granite Point Capital Management L.P. owns 273,050 shares or 0.24% of their US portfolio. Moreover, Verity Asset Management Inc. has 0.04% invested in the company for 14,931 shares. The New York-based Blackrock Inc. has invested 0% in the stock. California Public Employees Retirement System, a California-based fund reported 15,000 shares.#img1#

Good Times Restaurants, Inc. (NASDAQ:GTIM) Ratings Coverage

Ratings analysis reveals 100% of Good Times Restaurants’s analysts are positive. Out of 2 Wall Street analysts rating Good Times Restaurants, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. GTIM was included in 3 notes of analysts from August 14, 2015. The rating was maintained by Maxim Group with “Buy” on Thursday, June 22. On Tuesday, September 8 the stock rating was upgraded by Craig Hallum to “Buy”. The company was upgraded on Friday, August 14 by Zacks.

More notable recent Good Times Restaurants, Inc. (NASDAQ:GTIM) news were published by: Businesswire.com which released: “Good Times to Announce Fourth Quarter Results on December 7, 2017” on November 28, 2017, also Businesswire.com with their article: “Good Times Restaurants Inc. Expands Debt Facility to $12M” published on September 12, 2017, Seekingalpha.com published: “Good Times Restaurants’ (GTIM) CEO Boyd Hoback on Q4 2017 Results – Earnings …” on December 08, 2017. More interesting news about Good Times Restaurants, Inc. (NASDAQ:GTIM) were released by: Seekingalpha.com and their article: “Good Times Restaurants: Smart Money Buying At These Prices” published on January 05, 2017 as well as Businesswire.com‘s news article titled: “Good Times Restaurants Reports Fiscal 2017 Q4 Same Store Sales and the Opening …” with publication date: October 02, 2017.

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