Nathan’s Famous, Inc. (NASDAQ:NATH – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $99.60 and traded as high as $101.62. Nathan’s Famous shares last traded at $101.55, with a volume of 26,187 shares trading hands.
Key Headlines Impacting Nathan’s Famous
Here are the key news stories impacting Nathan’s Famous this week:
- Positive Sentiment: Joey Chestnut is set to compete in Nathan’s Famous Hot Dog Eating Contest, giving the company major national exposure during its signature holiday event. Joey Chestnut to compete in Nathan’s Hot Dog Eating Contest
- Positive Sentiment: The contest is getting widespread coverage across Yahoo, AP, ABC affiliates, and other outlets, likely boosting awareness of the Nathan’s brand and its core hot dog business. Nathan’s Famous celebra los 250 años de EEUU con su concurso anual de hot dogs
- Positive Sentiment: Coverage of how to watch the contest for free suggests strong consumer interest and could translate into higher engagement with Nathan’s branding and products. How to Watch the 2026 Nathan’s Famous Hot Dog Eating Contest on the Fourth of July for Free
- Neutral Sentiment: Reports on the competitors, weigh-ins, and viewing details mainly add to the event buzz, but do not change the company’s fundamentals on their own. Competitive eaters weigh in for Nathan’s Famous Hot Dog Eating Contest
- Neutral Sentiment: One market note says Nathan’s Famous stock crossed above its 200-day moving average, which is technically constructive but not a fundamental catalyst. Nathan’s Famous (NASDAQ:NATH) Stock Price Crosses Above 200 Day Moving Average – Here’s Why
Analyst Ratings Changes
Separately, Weiss Ratings raised Nathan’s Famous from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.
Nathan’s Famous Price Performance
The company’s 50-day simple moving average is $101.24 and its 200 day simple moving average is $99.62. The company has a market capitalization of $415.34 million, a P/E ratio of 20.94 and a beta of 0.27.
Nathan’s Famous (NASDAQ:NATH – Get Free Report) last released its quarterly earnings results on Tuesday, June 9th. The restaurant operator reported $0.68 earnings per share for the quarter. Nathan’s Famous had a net margin of 12.35% and a negative return on equity of 179.01%. The business had revenue of $35.07 million for the quarter.
Nathan’s Famous Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were given a $0.50 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.0%. Nathan’s Famous’s payout ratio is currently 41.24%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Teton Advisors LLC acquired a new stake in shares of Nathan’s Famous in the third quarter worth $5,349,000. ABC Arbitrage SA bought a new stake in shares of Nathan’s Famous during the 1st quarter worth $5,435,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Nathan’s Famous in the 1st quarter valued at $2,438,000. Credit Industriel ET Commercial acquired a new position in Nathan’s Famous in the 1st quarter valued at $4,313,000. Finally, CenterBook Partners LP raised its holdings in Nathan’s Famous by 6.8% in the 4th quarter. CenterBook Partners LP now owns 34,685 shares of the restaurant operator’s stock worth $3,245,000 after acquiring an additional 2,200 shares during the period. Institutional investors and hedge funds own 66.54% of the company’s stock.
About Nathan’s Famous
Nathan’s Famous Inc is a quick-service restaurant company known for its signature all-beef hot dogs and classic American fast-food offerings. The company operates and franchises a network of dining outlets under the Nathan’s Famous brand, serving items such as hamburgers, chicken sandwiches, french fries and specialty sides. In addition to its restaurant business, Nathan’s Famous markets frozen and refrigerated products to retail and foodservice customers across North America.
The company traces its origins to 1916, when founder Nathan Handwerker opened a modest walk-up stand on Coney Island in Brooklyn, New York.
Read More
- Five stocks we like better than Nathan’s Famous
- These Stocks Could Win as Wall Street Looks Beyond AI Software
- D.R. Horton Is Defying the Housing Gloom
- Why Flywire and Airbnb Could Be Quiet Winners of a Ceasefire
- Broadcom and OpenAI Unveil Jalapeño: An Early Step to Massive AI Growth Potential
Receive News & Ratings for Nathan's Famous Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nathan's Famous and related companies with MarketBeat.com's FREE daily email newsletter.
