Profile
Sector:
Consumer CyclicalIndustry:
RestaurantsCountry:
United StatesIPO:
26 February 1993Website:
http://www.nathansfamous.comNext earnings report:
02 August 2024Last dividends:
24 June 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 20:09:07 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
NATH Latest News
Nathan's Famous has a strong brand and taste superiority in the hot dog industry, with corresponding premium pricing. The hot dog industry in the US is concentrated, with Nathan's being one of the top 5 brands and a potential acquisition target. Valuation analysis suggests over 50% upside potential for Nathan's stock with limited downside risk based on DCF analyses.
Nathan's Famous' (NATH) overall topline in fourth-quarter fiscal 2024 benefits from revenue growth in all segments.
Major League Eating will part ways with 16-time champion Joey Chestnut ahead of this year's annual Fourth of July hot dog eating contest, hosted by Nathan's Famous. The decision comes after Chestnut chose to represent a rival brand that sells plant-based hot dogs, the organization told CNBC in a statement.
Nathan's strong brand has allowed the company to maintain strong earnings power with little capital invested into the business. The value of the company depends on the growth of the high value royalty stream from its Product Licensing segment. If this segment grows, company earnings will grow with it. I estimate that Nathan's stock is undervalued by 30% even with little growth.
The cost of an average American 4th of July celebration is down from year-ago levels, reason enough to enjoy an extra hot dog. Nathan's Famous, a New Jersey-based restaurant company, is recommended as a buy due to its attractive valuation, strong momentum, and robust growth outlook. Despite potential risks such as a weaker consumer environment and higher operating costs, the company's generally solid results are expected to continue into FY 2023, with EPS predicted to rise by 45%.
What type of business is Nathans Famous?
Nathan's Famous, Inc., together with its subsidiaries, operates in the foodservice industry. The company owns and franchises restaurants under the Nathan's Famous brand name, as well as sells products bearing the Nathan's Famous trademarks through various channels of distribution. It also has license agreements for the manufacture, distribution, marketing, and sale of Nathan's Famous branded hot dogs, sausages, and corned beef products in refrigerated consumer packages to be resold through retail channels, such as supermarkets, groceries, mass merchandisers, and club stores; and other Nathan's Famous branded refrigerated meat products in consumer packages to be resold through retail channels. In addition, the company has license agreements to manufacture Nathan's Famous branded hot dog and sausage products in bulk for use in the food service industry; for supplying Nathan's Famous natural casing and skinless hot dogs in bulk for use in the Nathan's Famous restaurant system; to manufacture proprietary spices; to produce and distribute sauerkraut and pickles; to produce and sell French fries and onion rings for retail sale; and to produce and sell miniature bagel dogs, franks-in-a-blanket, mozzarella sticks, and other hors d'oeuvres through club stores, supermarkets, and other retail food stores. Further, the company sells Nathan's products directly to foodservice operators or to various foodservice distributors, as well as provides Arthur Treacher's brand fish fillets. As of March 27, 2022, its restaurant system consisted of four company-owned units in the New York City metropolitan area; and 239 franchised units in 18 states and 12 foreign countries. Nathan's Famous, Inc. was founded in 1916 and is based in Jericho, New York.
What sector is Nathans Famous in?
Nathans Famous is in the Consumer Cyclical sector
What industry is Nathans Famous in?
Nathans Famous is in the Restaurants industry
What country is Nathans Famous from?
Nathans Famous is headquartered in United States
When did Nathans Famous go public?
Nathans Famous initial public offering (IPO) was on 26 February 1993
What is Nathans Famous website?
https://www.nathansfamous.com
Is Nathans Famous in the S&P 500?
No, Nathans Famous is not included in the S&P 500 index
Is Nathans Famous in the NASDAQ 100?
No, Nathans Famous is not included in the NASDAQ 100 index
Is Nathans Famous in the Dow Jones?
No, Nathans Famous is not included in the Dow Jones index
When does Nathans Famous report earnings?
The next expected earnings date for Nathans Famous is 02 August 2024