Good Times Restaurants Receives New Coverage from Analysts at Dougherty & Co (GTIM)

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Dougherty & Co started coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research note issued on Monday. The firm set a “buy” rating on the stock.

Separately, analysts at Sidoti initiated coverage on shares of Good Times Restaurants in a research note on Thursday, May 1st. They set a “buy” rating on the stock.

Good Times Restaurants (NASDAQ:GTIM) traded up 7.93% on Monday, hitting $3.551. 170,427 shares of the company’s stock traded hands. Good Times Restaurants has a 52-week low of $2.00 and a 52-week high of $4.07. The stock has a 50-day moving average of $3.64 and a 200-day moving average of $3.23. The company’s market cap is $24.4 million.

Good Times Restaurants (NASDAQ:GTIM) last posted its quarterly earnings results on Wednesday, May 7th. The company reported ($0.10) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.16) by $0.06. The company had revenue of $6.16 million for the quarter, compared to the consensus estimate of $5.06 million. On average, analysts predict that Good Times Restaurants will post $-0.13 earnings per share for the current fiscal year.

Good Times Restaurants Inc (NASDAQ:GTIM) is a holding company for its wholly owned subsidiary, Good Times Drive Thru Inc (GTDT), which is engaged in the business of developing, owning, operating and franchising hamburger-oriented drive-through restaurants under the name Good Times Burgers & Frozen Custard.

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