FAT Brands FY2025 EPS Estimate Lowered by Noble Financial

FAT Brands Inc. (NASDAQ:FAT - Free Report) - Equities research analysts at Noble Financial reduced their FY2025 earnings per share (EPS) estimates for shares of FAT Brands in a report issued on Thursday, March 6th. Noble Financial analyst J. Gomes now forecasts that the company will post earnings per share of ($8.61) for the year, down from their prior forecast of ($6.79). The consensus estimate for FAT Brands' current full-year earnings is ($10.23) per share.

FAT Brands (NASDAQ:FAT - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported ($4.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($2.68) by ($1.38). The business had revenue of $145.28 million during the quarter, compared to analyst estimates of $157.45 million.

Separately, Loop Capital decreased their target price on shares of FAT Brands from $15.00 to $12.00 and set a "buy" rating for the company in a research note on Tuesday, March 4th.

FAT Brands Stock Down 3.7 %

Shares of NASDAQ:FAT traded down $0.12 during midday trading on Monday, reaching $3.04. The company's stock had a trading volume of 17,422 shares, compared to its average volume of 31,266. FAT Brands has a 12-month low of $2.90 and a 12-month high of $8.09. The firm has a market capitalization of $54.00 million, a P/E ratio of -0.33 and a beta of 1.83. The firm has a 50 day moving average of $4.42 and a 200-day moving average of $4.91.

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Institutional Inflows and Outflows

An institutional investor recently raised its position in FAT Brands stock. Northern Trust Corp grew its stake in shares of FAT Brands Inc. (NASDAQ:FAT - Free Report) by 63.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,751 shares of the company's stock after acquiring an additional 12,287 shares during the quarter. Northern Trust Corp owned about 0.19% of FAT Brands worth $169,000 as of its most recent SEC filing. 6.90% of the stock is owned by institutional investors.

About FAT Brands

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.