FAT Brands Inc. (NASDAQ:FAT – Free Report) – Equities researchers at Noble Financial reduced their FY2025 earnings per share (EPS) estimates for FAT Brands in a note issued to investors on Thursday, March 6th. Noble Financial analyst J. Gomes now forecasts that the company will post earnings of ($8.61) per share for the year, down from their previous estimate of ($6.79). The consensus estimate for FAT Brands’ current full-year earnings is ($10.23) per share.
Separately, Loop Capital lowered their target price on FAT Brands from $15.00 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, March 4th.
FAT Brands Stock Performance
NASDAQ FAT opened at $3.12 on Monday. The company has a market capitalization of $55.51 million, a PE ratio of -0.34 and a beta of 1.83. The business’s fifty day moving average is $4.38 and its 200 day moving average is $4.90. FAT Brands has a fifty-two week low of $2.90 and a fifty-two week high of $8.04.
FAT Brands (NASDAQ:FAT – Get Free Report) last released its earnings results on Thursday, February 27th. The company reported ($4.06) earnings per share for the quarter, missing the consensus estimate of ($2.68) by ($1.38). The company had revenue of $145.28 million during the quarter, compared to the consensus estimate of $157.45 million.
Hedge Funds Weigh In On FAT Brands
An institutional investor recently bought a new position in FAT Brands stock. FNY Investment Advisers LLC acquired a new stake in FAT Brands Inc. (NASDAQ:FAT – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,069 shares of the company’s stock, valued at approximately $85,000. FNY Investment Advisers LLC owned approximately 0.09% of FAT Brands as of its most recent SEC filing. Hedge funds and other institutional investors own 6.90% of the company’s stock.
FAT Brands Company Profile
FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.
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