Wendy’s Co [NASDAQ: WEN] plunged by -$0.1 during the normal trading session on while it closed the day at $17.92.
Wendy’s Co stock has also loss -2.71% of its value over the past 7 days. However, WEN stock has inclined by 7.05% in the 3 months of the year. Over the past six months meanwhile, it has gained 0.28% and lost -8.01% year-on date.
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The market cap for WEN stock reached $3.65 billion, with 205.40 million shares outstanding and 185.62 million shares in the current float. Compared to the average trading volume of 3.47M shares, WEN reached a trading volume of 3313473 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $20.16 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 2.67. 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.
Goldman have made an estimate for Wendy’s Co shares, keeping their opinion on the stock as Sell, with their previous recommendation back on June 13, 2024. While these analysts kept the previous recommendation, Stephens raised their target price to Equal-Weight. The new note on the price target was released on April 12, 2024, representing the official price target for Wendy’s Co stock. Previously, the target price had yet another drop from $24 to $20, while Bernstein kept a Mkt Perform rating on WEN stock. On February 21, 2024, analysts decreased their price target for WEN shares from 22 to 19.
The Average True Range (ATR) for Wendy’s Co is set at 0.55, with the Price to Sales ratio for WEN stock in the period of the last 12 months amounting to 1.65. The Price to Book ratio for the last quarter was 14.01, with the Price to Cash per share for the same quarter was set at 3.10. Price to Free Cash Flow for WEN in the course of the last twelve months was 13.01 with Quick ratio for the last quarter at 2.08.
WEN stock trade performance evaluation
Wendy’s Co [WEN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.71. With this latest performance, WEN shares dropped by -5.58% in over the last four-week period, additionally plugging by 0.28% over the last 6 months – not to mention a drop of -5.73% 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 38.09, with the RSI for the last a single of trading hit 30.24, and the three-weeks RSI is set at 42.95 for Wendy’s Co [WEN]. The present Moving Average for the last 50 days of trading for this stock 18.56, while it was recorded at 18.12 for the last single week of trading, and 18.00 for the last 200 days.
Wendy’s Co [WEN]: An insightful look at the core fundamentals
Wendy’s Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.08 and a Current Ratio set at 2.10.
Earnings per share (EPS) analysis for Wendy’s Co [WEN] stock
With the latest financial reports released by the company, Wendy’s Co posted 0.21/share EPS, while the average EPS was predicted by analysts to be reported at 0.23/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.02. 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 6.84%.
Wendy’s Co [WEN]: Institutional Ownership
There are presently around $88.92%, or 97.66%% 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 31.51 million shares, which is approximately 15.3419%. VANGUARD GROUP INC, holding 21.73 million shares of the stock with an approximate value of $$368.6 million in WEN stocks shares; and VANGUARD GROUP INC, currently with $$332.5 million in WEN stock with ownership which is approximately 9.5462%.
