Wendy’s Co [NASDAQ: WEN] loss -0.46% on the last trading session, reaching $19.38 price per share at the time.
If compared to the average trading volume of 3.31M shares, WEN reached a trading volume of 5232928 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 Wendy’s Co [WEN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WEN shares is $20.96 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 2.59. 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.
Stephens have made an estimate for Wendy’s Co shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on April 12, 2024. While these analysts kept the previous recommendation, Bernstein dropped their target price from $24 to $20. The new note on the price target was released on February 22, 2024, representing the official price target for Wendy’s Co stock. Previously, the target price had yet another drop from $22 to $19, while JP Morgan kept a Neutral rating on WEN stock.
The Average True Range (ATR) for Wendy’s Co is set at 0.52, with the Price to Sales ratio for WEN stock in the period of the last 12 months amounting to 1.82. The Price to Book ratio for the last quarter was 13.55, with the Price to Cash per share for the same quarter was set at 2.89. Price to Free Cash Flow for WEN in the course of the last twelve months was 13.15 with Quick ratio for the last quarter at 2.02.
Trading performance analysis for WEN stock
Wendy’s Co [WEN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.22. With this latest performance, WEN shares gained by 4.19% in over the last four-week period, additionally plugging by 1.63% over the last 6 months – not to mention a drop of -15.22% 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 50.91, with the RSI for the last a single of trading hit 47.09, and the three-weeks RSI is set at 52.28 for Wendy’s Co [WEN]. The present Moving Average for the last 50 days of trading for this stock 18.86, while it was recorded at 19.58 for the last single week of trading, and 19.45 for the last 200 days.
Wendy’s Co [WEN]: A deeper dive into fundamental analysis
Wendy’s Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.02 and a Current Ratio set at 2.04.
Wendy’s Co [WEN]: An earnings per share (EPS) analysis
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 Wendy’s Co go to 10.72%.
An analysis of Institutional ownership at Wendy’s Co [WEN]
The top three institutional holders of WEN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in WEN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in WEN stock with ownership which is approximately 5.8386%.
