Good Times Restaurants (NASDAQ:GTIM) Coverage Initiated at StockNews.com

Posted by Faye Duncan on Jan 7th, 2025

Equities researchers at StockNews.com started coverage on shares of Good Times Restaurants (NASDAQ:GTIM – Get Free Report) in a note issued to investors on Sunday. The brokerage set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Price Performance

Shares of Good Times Restaurants stock opened at $2.54 on Friday. Good Times Restaurants has a 52 week low of $2.18 and a 52 week high of $3.45. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 0.03. The company’s 50-day moving average price is $2.65 and its two-hundred day moving average price is $2.72. The stock has a market cap of $27.11 million, a PE ratio of 16.93 and a beta of 1.86.

Good Times Restaurants (NASDAQ:GTIM – Get Free Report) last released its earnings results on Thursday, December 12th. The restaurant operator reported $0.02 EPS for the quarter. Good Times Restaurants had a net margin of 1.13% and a return on equity of 4.98%.

Institutional Investors Weigh In On Good Times Restaurants

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP increased its stake in Good Times Restaurants Inc. (NASDAQ:GTIM – Free Report) by 71.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,959 shares of the restaurant operator’s stock after purchasing an additional 26,980 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.59% of Good Times Restaurants worth $164,000 as of its most recent filing with the Securities and Exchange Commission. 12.06% of the stock is currently owned by hedge funds and other institutional investors.

Good Times Restaurants Company Profile

(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.