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PBPB - Potbelly Corporation: Stock Appears Pricey Despite Bolstered Cash Position
March, 17 2021 04:47 AM
Potbelly Corporation
Potbelly's capital raise should give it enough cash to get to the period of expected positive cash flow in 2H 2021. CBD stores will likely face some ongoing headwinds due to the work-from-home trend. It is reasonable to believe that Potbelly can get back close to pre-pandemic sales levels in 2H 2021. However, Potbelly's market cap is approaching $200 million if the warrants are exercised. It had a market cap of around $120 million at the end of February 2020. For further details see:
Potbelly Corporation: Stock Appears Pricey Despite Bolstered Cash Position
Stock Information
Company Name:
Potbelly Corporation
Stock Symbol:
PBPB
Market:
NASDAQ
Website:
potbelly.com
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