Nathan’s Famous (NASDAQ:NATH) Releases Quarterly Earnings Results

Nathan’s Famous (NASDAQ:NATH) announced its earnings results on Thursday. The restaurant operator reported $1.10 EPS for the quarter, Zacks reports. Nathan’s Famous had a net margin of 15.18% and a negative return on equity of 76.12%.

Nathan’s Famous Stock Performance

Shares of NASDAQ:NATH traded up $2.01 during midday trading on Thursday, reaching $85.42. 5,408 shares of the company’s stock were exchanged, compared to its average volume of 8,513. The firm has a market capitalization of $348.51 million, a PE ratio of 16.00 and a beta of 0.25. The company’s 50 day simple moving average is $81.42 and its two-hundred day simple moving average is $80.46. Nathan’s Famous has a 12 month low of $64.02 and a 12 month high of $94.97.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Nathan’s Famous from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 1st.

About Nathan’s Famous

Nathan’s Famous, Inc engages in the operation of franchised fast-food units. It is involved in the licensing, wholesaling, and retailing of products marketed under the Nathan’s Famous brand. The firm operates through the following business segments: Branded Product Program, Product Licensing, Restaurant Operations, and Corporate.