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FAT Brands Inc (NASDAQ: FAT) closed the day trading at $2.22 down -5.93% from the previous closing price of $2.36. In other words, the price has decreased by -$5.93 from its previous closing price. On the day, 0.14 million shares were traded. FAT stock price reached its highest trading level at $2.38 during the session, while it also had its lowest trading level at $2.1992.
Ratios:
For a better understanding of FAT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.24 and its Current Ratio is at 0.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Loop Capital on July 26, 2023, initiated with a Buy rating and assigned the stock a target price of $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 22 ’24 when WIEDERHORN ANDREW bought 1,000 shares for $4.50 per share. The transaction valued at 4,499 led to the insider holds 11,079 shares of the business.
Fog Cutter Holdings, LLC bought 1,000 shares of FAT for $9,530 on Sep 11 ’24. The 10% Owner now owns 4,000 shares after completing the transaction at $9.53 per share. On Aug 30 ’24, another insider, Fog Cutter Holdings, LLC, who serves as the 10% Owner of the company, bought 1,000 shares for $10.39 each. As a result, the insider paid 10,391 and bolstered with 3,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FAT now has a Market Capitalization of 40072776 and an Enterprise Value of 1639334400. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07. Its current Enterprise Value per Revenue stands at 2.813 whereas that against EBITDA is 134.141.
Stock Price History:
The Beta on a monthly basis for FAT is 1.63, which has changed by -0.25834638 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, FAT has reached a high of $4.10, while it has fallen to a 52-week low of $2.22. The 50-Day Moving Average of the stock is -17.78%, while the 200-Day Moving Average is calculated to be -24.87%.
Shares Statistics:
Over the past 3-months, FAT traded about 37.61K shares per day on average, while over the past 10 days, FAT traded about 47110 shares per day. A total of 16.55M shares are outstanding, with a floating share count of 5.20M. Insiders hold about 70.84% of the company’s shares, while institutions hold 6.64% stake in the company. Shares short for FAT as of 1745971200 were 197318 with a Short Ratio of 5.25, compared to 1743379200 on 153330. Therefore, it implies a Short% of Shares Outstanding of 197318 and a Short% of Float of 3.25.
Dividends & Splits
FAT’s forward annual dividend rate is 0.23, up from 0.42 a year ago. Against a Trailing Annual Dividend Yield of 0.1779661
Earnings Estimates
A detailed examination of FAT Brands Inc (FAT) is currently in progress, with 1.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$1.58, with high estimates of -$1.58 and low estimates of -$1.58.
Analysts are recommending an EPS of between -$7.24 and -$7.24 for the fiscal current year, implying an average EPS of -$7.24. EPS for the following year is -$6.18, with 1.0 analysts recommending between -$6.18 and -$6.18.
Revenue Estimates
2 analysts predict $146.6M in revenue for the current quarter. It ranges from a high estimate of $152.2M to a low estimate of $141M. As of the current estimate, FAT Brands Inc’s year-ago sales were $152.04MFor the next quarter, 2 analysts are estimating revenue of $146.47M. There is a high estimate of $147.2M for the next quarter, whereas the lowest estimate is $145.75M.
A total of 2 analysts have provided revenue estimates for FAT’s current fiscal year. The highest revenue estimate was $590.5M, while the lowest revenue estimate was $578.27M, resulting in an average revenue estimate of $584.38M. In the same quarter a year ago, actual revenue was $592.65MBased on 2 analysts’ estimates, the company’s revenue will be $635.15M in the next fiscal year. The high estimate is $649M and the low estimate is $621.3M.