Nathan's Famous (NASDAQ:NATH) Given Buy (B+) Rating at Weiss Ratings

Nathan's Famous (NASDAQ:NATH - Get Free Report)'s stock had its "buy (b+)" rating reissued by investment analysts at Weiss Ratings in a research note issued to investors on Saturday,Weiss Ratings reports.Get Nathan's Famous alerts:Separately, Wall Street Zen cut shares of Nathan's Famous from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy".View Our Latest Report on Nathan's FamousNathan's Famous Stock Down 0.4%Shares of NATH stock opened at $108.10 on Friday. The firm has a fifty day moving average of $107.50 and a 200-day moving average of $104.47. Nathan's Famous has a 12-month low of $75.14 and a 12-month high of $118.50. The company has a market capitalization of $442.13 million, a price-to-earnings ratio of 18.77 and a beta of 0.39. Nathan's Famous (NASDAQ:NATH - Get Free Report) last issued its quarterly earnings data on Friday, August 8th. The restaurant operator reported $2.16 earnings per share (EPS) for the quarter. Nathan's Famous had a net margin of 15.74% and a negative return on equity of 143.21%. The company had revenue of $47.00 million during the quarter. Institutional Investors Weigh In On Nathan's FamousSeveral large investors have recently bought and sold shares of NATH. Allspring Global Investments Holdings LLC boosted its position in shares of Nathan's Famous by 8.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 5,492 shares of the restaurant operator's stock worth $529,000 after acquiring an additional 438 shares in the last quarter. Nuveen LLC acquired a new position in shares of Nathan's Famous during the 1st quarter worth about $499,000. Goldman Sachs Group Inc. boosted its position in shares of Nathan's Famous by 9.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,451 shares of the restaurant operator's stock worth $1,296,000 after acquiring an additional 1,210 shares in the last quarter. CWM LLC boosted its position in shares of Nathan's Famous by 34.1% during the 1st quarter. CWM LLC now owns 822 shares of the restaurant operator's stock worth $79,000 after acquiring an additional 209 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. acquired a new position in shares of Nathan's Famous during the 1st quarter worth about $920,000. Hedge funds and other institutional investors own 66.54% of the company's stock. Nathan's Famous Company Profile (Get Free Report)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.Further ReadingFive stocks we like better than Nathan's FamousAbout the Markup CalculatorTractor Supply Stock Looks Like a Buy-and-Hold WinnerAirline Stocks - Top Airline Stocks to Buy Now3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound3 Natural Gas Stocks That Offer Great Dividend YieldsBig Banks Are Setting the Tone as Earnings Season Kicks OffThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Nathan's Famous Right Now?Before you consider Nathan's Famous, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nathan's Famous wasn't on the list.While Nathan's Famous currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here