What Analysts Say? The Wendy's Company (WEN) stock closes Yesterday with -0.56%

Wendys Co

Wendys Co

The brokerage now has a $16.00 price objective on the restaurant operator's stock. The count of Hold ratings in that period was 0. Stifel Nicolaus started coverage on shares of Wendy's Company (The) in a research note on Monday, October 2nd. They issued a buy rating and a $18.00 price objective for the company. Zacks Investment Research downgraded shares of Wendy's Company (The) from a buy rating to a hold rating in a research report on Friday, August 11th. BidaskClub upgraded Wendy's Company (The) from a sell rating to a hold rating in a report on Monday, September 18th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the stock. Wendy's Company (The) now has an average rating of "Hold" and an average target price of $15.97.

Wendy's Company (NASDAQ WEN) traded down $0.08 during midday trading on Thursday, hitting $14.18.

The Wendy's Company (NASDAQ:WEN) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. The company has a market cap of $3,410.00, a P/E ratio of 34.78, a P/E/G ratio of 2.51 and a beta of 0.94. Of these restaurants, 330 were operated by the Company and 5,768 by a total of 376 franchisees, as of January 1, 2017. Wendy's Company has a 52-week low of $12.06 and a 52-week high of $16.66.

Wendy's Company (The) (NASDAQ:WEN) posted its quarterly earnings data on Wednesday, November 8th. The restaurant operator reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by ($0.03). The firm had revenue of $308.00 million for the quarter. Wendy's Company (The)'s revenue was down 15.4% compared to the same quarter previous year. Sigma Planning Corp raised its holdings in shares of Wendy's Company (The) by 0.5% during the 2nd quarter.

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The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a $0.07 dividend. The ex-dividend date is Thursday, November 30th.

The Wendy's Company is the parent company of subsidiary holding company Wendy's Restaurants, LLC (Wendy's Restaurants).

In other Wendy's Company (The) news, insider E.J. Wunsch sold 3,548 shares of the firm's stock in a transaction that occurred on Wednesday, October 4th. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Scott A. Weisberg acquired 10,000 shares of Wendy's Company (The) stock in a transaction on Monday, November 13th. The shares have slowed down in recent weeks, with their price down about -6.65% in the past three months. Following the completion of the acquisition, the insider now directly owns 199,014 shares of the company's stock, valued at $2,843,910.06. The disclosure for this purchase can be found here. WFG Advisors LP boosted its holdings in shares of Wendy's Company (The) by 50.2% in the second quarter. As higher figure of institutional mostly indicates intentions of capital gain, which is suitable for passive investors as well stocks with a large amount of institutional ownership are often looked upon favorably. Institutional ownership can eventually exceed 100 percent of float, which means that, in addition to all the available shares, institutions have also bought up all the borrowed shares from short sellers who are betting that the stock will decline. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,495 shares of the restaurant operator's stock worth $116,000 after buying an additional 692 shares during the period. Neuberger Berman Group LLC lifted its position in shares of Wendy's Company (The) by 3.4% during the 2nd quarter. Riverhead Capital Management LLC now owns 9,312 shares of the restaurant operator's stock worth $144,000 after buying an additional 4,012 shares during the period. Finally, TIAA FSB acquired a new position in shares of Wendy's Company (The) during the 2nd quarter worth $223,000. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. Company's return on equity, which is really just the product of the company's profit margin, asset turnover, and financial leverage ratios, is 12.70%, which is better than the Restaurants industry average ROE. Wendy's Restaurants is the parent company of Wendy's International, LLC (Wendy's), which is the owner and franchisor of the Wendy's restaurant system in the United States.

Zoe's Kitchen, Inc. (NYSE:ZOES) operates in the Restaurants segment of the Services sector.

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