FAT Brands (NASDAQ:FAT) Upgraded by Zacks Investment Research to Buy

FAT Brands stock has undergone multiple analysts rating changes in the recent past.  FAT Brands Upgraded by Zacks Investment Research on 10/12/2021. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of FAT Brands traded down -$0.02 on Tuesday, reaching $8.67. 0 shares of the stock traded hands, compared to its average volume of 22396. Shares of FAT Brands were trading at $8.67 on Tuesday. The firm’s 50 day moving average is $10.39 and its 200 day moving average is $9.76.FAT Brands has a 12 month low of $8.62 and a 12 month high of $14.56. While on yearly highs and lows, FAT Brands’s today has traded high as $8.82 and has touched $8.62 on the downward trend. See More Analyst Rating at: RATING

FAT Brands Earnings and What to expect: 

FAT Brands last posted its earnings data on August 5th, 2021. The reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.03 by $0.12. The company earned $8.28 million during the quarter, compared to analysts’ expectations of $8 million. FAT Brands has generated ($0.37) earnings per share over the last year (($1.37) diluted earnings per share). Earnings for FAT Brands are expected to grow in the coming year, from ($0.36) to $0.80 per share. FAT Brands has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, November 9th, 2021 based off prior year’s report dates.

Earnings for FAT Brands are expected to grow in the coming year, from ($0.36) to $0.80 per share. The P/E ratio of FAT Brands is -6.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of FAT Brands is -6.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

FAT Brands (NASDAQ:FAT) Moving Average Technical Analysis

5 day Moving Average is $8.74 And 5 day price change is -$0.28 (-3.13%)  with average volume for 5 day average is 12,940. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $9.61 and 20 day price change is -$1.72 (-16.55%) and average 20 day moving volume is 19,510. 50 day moving average is $10.39  and 50 day price change is -$2.55 ( -22.73%)  and with average volume for 50 days is : 25,278. 200 day moving average is $9.76  and 200 day price change is $2.83 (48.46%)  and with average volume for 200 days is : 43,923.

Other owners latest trading in FAT Brands :

  • On 8/13/2021 shares held by Renaissance Technologies LLC were 16,259 which equates to market value of $0.24M and appx 0.00% owners of FAT Brands
  • On 8/13/2021 shares held by Geode Capital Management LLC were 10,243 which equates to market value of $0.15M and appx 0.00% owners of FAT Brands
  • On 8/13/2021 shares held by Vanguard Group Inc. were 27,851 which equates to market value of $0.41M and appx 0.00% owners of FAT Brands
  • In total Institutional ownership equates to Institutional Ownership Percentage: 7.52% for FAT Brands

See More Analyst Rating at: RATING