Brokerages Expect iPic Entertainment Inc (IPIC) to Announce ($0.47) EPS

iPic Entertainment Inc (NASDAQ:IPIC) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.

Brokerages have set a 12 month consensus target price of $15.50 for the company and are predicting that the company will post ($0.47) earnings per share for the current quarter, according to Zacks. Zacks has also given iPic Entertainment an industry rank of 103 out of 255 based on the ratings given to its competitors.

Separately, Zacks Investment Research cut iPic Entertainment from a “hold” rating to a “sell” rating in a report on Wednesday, April 25th.

iPic Entertainment traded up $0.14, reaching $7.05, during trading hours on Thursday, according to Marketbeat.com. The company’s stock had a trading volume of 9,600 shares, compared to its average volume of 14,676. iPic Entertainment has a fifty-two week low of $5.91 and a fifty-two week high of $17.00. The company has a current ratio of 0.63, a quick ratio of 0.59 and a debt-to-equity ratio of -0.77.

iPic Entertainment (NASDAQ:IPIC) last released its quarterly earnings data on Tuesday, May 15th. The company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.32. The business had revenue of $37.26 million during the quarter, compared to analyst estimates of $34.74 million. analysts predict that iPic Entertainment will post -1.03 earnings per share for the current year.

About iPic Entertainment

iPic Entertainment Inc operates restaurants and theaters in the United States. The company operates casual restaurants, farm-to-glass full-service bars, and theater auditoriums with in-theater dining. It operates restaurants under the City Perch Kitchen + Bar, Tanzy, The Tuck Room, The Tuck Room Tavern, and iPic Express brands.

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