The Wendy’s Company [NASDAQ: WEN] stock went on a downward path that fall over -0.09% on Wednesday, amounting to a one-week price increase of more than 2.60%. The company report on April 3, 2023 that Wendy’s Doubles Down on Commitment to Quality and Innovation with “We Keep It Fresh”.
New campaign captures the brand’s commitment to freshness on all fronts, including the quality of food, in-restaurant experiences, growth across Canada and corporate responsibility.
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Today, Wendy’s Canada announced a fresh new campaign, “We Keep It Fresh,” inspired by Wendy’s long-standing commitment to fresh-made, quality food and forward-leaning innovation across its more than 415 restaurants in Canada. The new campaign highlights Wendy’s fresh take in showing up for fans, delivering craveable menu items, innovative restaurant design standards, new sustainability goals and fresh deals for customers to enjoy more Wendy’s favourites.
Over the last 12 months, WEN stock dropped by -1.32%. The one-year The Wendy’s Company stock forecast points to a potential upside of 12.36. The average equity rating for WEN stock is currently 2.40, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $4.49 billion, with 212.97 million shares outstanding and 194.79 million shares in the current float. Compared to the average trading volume of 2.94M shares, WEN stock reached a trading volume of 3598136 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $24.75 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 2.40. 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.
Northcoast have made an estimate for The Wendy’s Company shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 06, 2023. The new note on the price target was released on January 17, 2023, representing the official price target for The Wendy’s Company stock. Previously, the target price had yet another raise to $25, while Evercore ISI analysts kept a In-line rating on WEN stock.
The Average True Range (ATR) for The Wendy’s Company is set at 0.49, with the Price to Sales ratio for WEN stock in the period of the last 12 months amounting to 2.14. The Price to Book ratio for the last quarter was 9.90, with the Price to Cash per share for the same quarter was set at 3.60. Price to Free Cash Flow for WEN in the course of the last twelve months was 66.49 with Quick ratio for the last quarter at 2.70.
WEN Stock Performance Analysis:
The Wendy’s Company [WEN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.60. With this latest performance, WEN shares gained by 0.93% in over the last four-week period, additionally plugging by 11.40% over the last 6 months – not to mention a drop of -1.32% 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 52.97, with the RSI for the last a single of trading hit 56.00, and the three-weeks RSI is set at 50.97 for The Wendy’s Company [WEN]. The present Moving Average for the last 50 days of trading for this stock 21.82, while it was recorded at 21.74 for the last single week of trading, and 21.05 for the last 200 days.
Insight into The Wendy’s Company Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and The Wendy’s Company [WEN] shares currently have an operating margin of +15.75 and a Gross Margin at +27.91. The Wendy’s Company’s Net Margin is presently recorded at +8.46.
Return on Total Capital for WEN is now 7.30, given the latest momentum, and Return on Invested Capital for the company is 4.00. Return on Equity for this stock inclined to 39.32, with Return on Assets sitting at 3.08. 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 919.40. Additionally, WEN Total Debt to Total Capital is recorded at 90.19, with Total Debt to Total Assets ending up at 71.96. Long-Term Debt to Equity for the company is recorded at 898.85, with the Long-Term Debt to Total Capital now at 88.17.
Reflecting on the efficiency of the workforce at the company, The Wendy’s Company [WEN] managed to generate an average of $12,232 per employee. Receivables Turnover for the company is 11.27 with a Total Asset Turnover recorded at a value of 0.36.The Wendy’s Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.70 and a Current Ratio set at 2.70.
WEN Stock EPS
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 11.68%.
The Wendy’s Company [WEN] Insider Position Details
There are presently around $3,334 million, or 71.90% 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 25,333,339, which is approximately 0% of the company’s market cap and around 7.40% of the total institutional ownership; VANGUARD GROUP INC, holding 18,405,437 shares of the stock with an approximate value of $399.58 million in WEN stocks shares; and BLACKROCK INC., currently with $333.39 million in WEN stock with ownership of nearly 3.082% of the company’s market capitalization.
158 institutional holders increased their position in The Wendy’s Company [NASDAQ:WEN] by around 15,262,884 shares. Additionally, 159 investors decreased positions by around 13,637,032 shares, while 69 investors held positions by with 124,690,440 shares. The mentioned changes placed institutional holdings at 153,590,356 shares, according to the latest SEC report filing. WEN stock had 56 new institutional investments in for a total of 5,732,404 shares, while 41 institutional investors sold positions of 1,676,104 shares during the same period.