The Wendy’s Company (NASDAQ: WEN) closed the day trading at $22.36 down -1.41% from the previous closing price of $22.68. In other words, the price has decreased by -$0.32 from its previous closing price. On the day, 3565921 shares were traded. WEN stock price reached its highest trading level at $22.69 during the session, while it also had its lowest trading level at $22.26.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
For a better understanding of WEN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 64.30. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 8.11 whereas as Long-Term Debt/Eq ratio is at 7.99.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 09 when Esposito Liliana sold 64,701 shares for $21.26 per share. The transaction valued at 1,375,543 led to the insider holds 74,865 shares of the business.
Peltz Matthew H. sold 3,627,569 shares of WEN for $79,987,896 on Mar 03. The Director now owns 21,705,770 shares after completing the transaction at $22.05 per share. On Mar 03, another insider, MAY PETER W, who serves as the Director of the company, sold 3,627,569 shares for $22.05 each. As a result, the insider received 79,987,896 and left with 21,705,770 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WEN now has a Market Capitalization of 4.97B and an Enterprise Value of 8.51B. As of this moment, The’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.75, and their Forward P/E ratio for the next fiscal year is 19.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.22 while its Price-to-Book (P/B) ratio in mrq is 11.35. Its current Enterprise Value per Revenue stands at 3.98 whereas that against EBITDA is 16.57.
Stock Price History:
Over the past 52 weeks, WEN has reached a high of $23.90, while it has fallen to a 52-week low of $16.11. The 50-Day Moving Average of the stock is 22.02, while the 200-Day Moving Average is calculated to be 21.47.
Over the past 3-months, WEN traded about 3.16M shares per day on average, while over the past 10 days, WEN traded about 3.39M shares per day. A total of 212.55M shares are outstanding, with a floating share count of 194.79M. Insiders hold about 7.40% of the company’s shares, while institutions hold 71.90% stake in the company. Shares short for WEN as of Apr 27, 2023 were 5.79M with a Short Ratio of 5.79M, compared to 7.16M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.73% and a Short% of Float of 3.54%.
Dividends & Splits
WEN’s forward annual dividend rate is 1.00, up from 0.62 a year ago. Against a Trailing Annual Dividend Yield of 2.76%, it implies a Forward Annual Dividend Yield of 4.41%. The stock’s 5-year Average Dividend Yield is 1.96. The current Payout Ratio is 74.10% for WEN, which recently paid a dividend on Jun 14, 2023 with an ex-dividend date of May 30, 2023. Stock splits for the company last occurred on Mar 24, 1986 when the company split stock in a 105:100 ratio.
Current recommendations for the stock of the company come from 25 analysts. On average, analysts expect EPS of $0.27 for the current quarter, with a high estimate of $0.29 and a low estimate of $0.24, while EPS last year was $0.24. The consensus estimate for the next quarter is $0.26, with high estimates of $0.27 and low estimates of $0.24.
Analysts are recommending an EPS of between $1.02 and $0.95 for the fiscal current year, implying an average EPS of $0.98. EPS for the following year is $1.13, with 28 analysts recommending between $1.31 and $1.06.
19 analysts predict $566.81M in revenue for the current quarter. It ranges from a high estimate of $580.3M to a low estimate of $551.9M. As of the current estimate, The Wendy’s Company’s year-ago sales were $537.78M, an estimated increase of 5.40% from the year-ago figure. For the next quarter, 19 analysts are estimating revenue of $559.05M, an increase of 3.80% less than the figure of $5.40% in the same quarter last year. There is a high estimate of $568.99M for the next quarter, whereas the lowest estimate is $547M.
A total of 22 analysts have provided revenue estimates for WEN’s current fiscal year. The highest revenue estimate was $2.27B, while the lowest revenue estimate was $2.17B, resulting in an average revenue estimate of $2.21B. In the same quarter a year ago, actual revenue was $2.1B, up 5.50% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $2.31B in the next fiscal year. The high estimate is $2.48B and the low estimate is $2.23B. The average revenue growth estimate for next year is up 4.30% from the average revenue estimate for this year.