Good Times Restaurants (NASDAQ:GTIM) Earns Strong-Buy Rating from Analysts at StockNews.com

Posted by ABMN Staff on Jan 29th, 2025

StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIM – Get Free Report) in a report released on Wednesday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Down 0.4 %

Shares of NASDAQ GTIM opened at $2.53 on Wednesday. The firm’s fifty day moving average is $2.57 and its 200 day moving average is $2.71. Good Times Restaurants has a 52 week low of $2.18 and a 52 week high of $3.45. The company has a market cap of $26.96 million, a price-to-earnings ratio of 16.87 and a beta of 1.86. The company has a quick ratio of 0.33, a current ratio of 0.42 and a debt-to-equity ratio of 0.03.

Good Times Restaurants (NASDAQ:GTIM – Get Free Report) last announced its quarterly earnings data on Thursday, December 12th. The restaurant operator reported $0.02 earnings per share for the quarter. Good Times Restaurants had a net margin of 1.13% and a return on equity of 4.95%.

Institutional Investors Weigh In On Good Times Restaurants

A hedge fund recently raised its stake in Good Times Restaurants stock. Dimensional Fund Advisors LP grew its holdings in Good Times Restaurants Inc. (NASDAQ:GTIM – Free Report) by 71.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,959 shares of the restaurant operator’s stock after acquiring an additional 26,980 shares during the period. Dimensional Fund Advisors LP owned about 0.59% of Good Times Restaurants worth $164,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 12.06% of the company’s stock.

About Good Times Restaurants

(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.