The Wendy’s Company [NASDAQ: WEN] loss -1.00% or -0.22 points to close at $21.82 with a heavy trading volume of 2529237 shares. It opened the trading session at $22.15, the shares rose to $22.29 and dropped to $21.73, the range by which the price of stock traded the whole day. The daily chart for WEN points out that the company has recorded -1.31% loss over the past six months. However, it is still -219.94% lower than its most recent low trading price.
If we look at the average trading volume of 5.39M shares, WEN reached to a volume of 2529237 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about The Wendy’s Company [WEN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WEN shares is $22.36 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WEN stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for The Wendy’s Company shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 14, 2020. The new note on the price target was released on May 04, 2020, representing the official price target for The Wendy’s Company stock. Previously, the target price had yet another raise to $16, while Deutsche Bank analysts kept a Hold rating on WEN stock. On March 31, 2020, analysts decreased their price target for WEN shares from 22 to 21.
The Average True Range (ATR) for The Wendy’s Company is set at 0.94, with the Price to Sales ratio for WEN stock in the period of the last 12 months amounting to 2.77. The Price to Book ratio for the last quarter was 10.80, with the Price to Cash per share for the same quarter was set at 1.36. Price to Free Cash Flow for WEN in the course of the last twelve months was 150.14 with Quick ratio for the last quarter at 1.40.
Trading performance analysis for WEN stock
The Wendy’s Company [WEN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.89. With this latest performance, WEN shares gained by 6.08% in over the last four-week period, additionally sinking by -1.31% over the last 6 months – not to mention a rise of 12.36% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WEN stock in for the last two-week period is set at 54.84, with the RSI for the last a single of trading hit 51.41, and the three-weeks RSI is set at 55.57 for The Wendy’s Company [WEN]. The present Moving Average for the last 50 days of trading for this stock 20.06, while it was recorded at 21.73 for the last single week of trading, and 20.23 for the last 200 days.
The Wendy’s Company [WEN]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and The Wendy’s Company [WEN] shares currently have an operating margin of +16.02 and a Gross Margin at +27.74. The Wendy’s Company’s Net Margin is presently recorded at +8.01.
Return on Total Capital for WEN is now 7.15, given the latest momentum, and Return on Invested Capital for the company is 3.63. Return on Equity for this stock inclined to 23.51, with Return on Assets sitting at 2.78. When it comes to the capital structure of this company, The Wendy’s Company [WEN] has a Total Debt to Total Equity ratio set at 719.20. Additionally, WEN Total Debt to Total Capital is recorded at 87.79, with Total Debt to Total Assets ending up at 68.26. Long-Term Debt to Equity for the company is recorded at 704.19, with the Long-Term Debt to Total Capital now at 85.96.
Reflecting on the efficiency of the workforce at the company, The Wendy’s Company [WEN] managed to generate an average of $10,296 per employee. Receivables Turnover for the company is 12.14 with a Total Asset Turnover recorded at a value of 0.35.The Wendy’s Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.40.
The Wendy’s Company [WEN]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, The Wendy’s Company posted 0.18/share EPS, while the average EPS was predicted by analysts to be reported at 0.17/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 5.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WEN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Wendy’s Company go to 8.88%.
An analysis of insider ownership at The Wendy’s Company [WEN]
There are presently around $3,371 million, or 69.60% of WEN stock, in the hands of institutional investors. The top three institutional holders of WEN stocks are: TRIAN FUND MANAGEMENT, L.P. with ownership of 26,630,629, which is approximately 0% of the company’s market cap and around 7.50% of the total institutional ownership; VANGUARD GROUP INC, holding 17,241,028 shares of the stock with an approximate value of $379.99 million in WEN stocks shares; and BLACKROCK INC., currently with $358.19 million in WEN stock with ownership of nearly -3.333% of the company’s market capitalization.
Positions in The Wendy’s Company stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 155 institutional holders increased their position in The Wendy’s Company [NASDAQ:WEN] by around 16,074,202 shares. Additionally, 176 investors decreased positions by around 28,433,419 shares, while 74 investors held positions by with 108,419,340 shares. The mentioned changes placed institutional holdings at 152,926,961 shares, according to the latest SEC report filing. WEN stock had 52 new institutional investments in for a total of 9,197,216 shares, while 65 institutional investors sold positions of 4,480,082 shares during the same period.