Market Momentum Report: Wendy’s Co (WEN)’s Negative Close at 17.22

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The price of Wendy’s Co (NASDAQ: WEN) closed at $17.22 in the last session, down -2.44% from day before closing price of $17.65. In other words, the price has decreased by -$2.44 from its previous closing price. On the day, 5.03 million shares were traded. WEN stock price reached its highest trading level at $17.62 during the session, while it also had its lowest trading level at $17.02.

Ratios:

We take a closer look at WEN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.69. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 2.04. In the meantime, Its Debt-to-Equity ratio is 14.03 whereas as Long-Term Debt/Eq ratio is at 13.69.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on June 13, 2024, initiated with a Sell rating and assigned the stock a target price of $16.

Bernstein Downgraded its Outperform to Mkt Perform on February 22, 2024, whereas the target price for the stock was revised from $24 to $20.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 03 ’24 when Dolan Kristin A sold 21,000 shares for $17.39 per share. The transaction valued at 365,182 led to the insider holds 39,478 shares of the business.

Loredo Juan Carlos sold 44,806 shares of WEN for $873,717 on May 09 ’24. The Global Chief Marketing Officer now owns 27,586 shares after completing the transaction at $19.50 per share. On Mar 01 ’24, another insider, GILBERT KENNETH W, who serves as the Director of the company, sold 4,500 shares for $18.07 each. As a result, the insider received 81,315 and left with 31,304 shares of the company.

Valuation Measures:

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 3532389888 and an Enterprise Value of 7154305536. As of this moment, Wendy’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.49, and their Forward P/E ratio for the next fiscal year is 15.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 12.04. Its current Enterprise Value per Revenue stands at 3.271 whereas that against EBITDA is 13.876.

Stock Price History:

Over the past 52 weeks, WEN has reached a high of $22.42, while it has fallen to a 52-week low of $15.61. The 50-Day Moving Average of the stock is -0.18%, while the 200-Day Moving Average is calculated to be -7.40%.

Shares Statistics:

According to the various share statistics, WEN traded on average about 4.10M shares per day over the past 3-months and 4315000 shares per day over the past 10 days. A total of 205.40M shares are outstanding, with a floating share count of 187.03M. Insiders hold about 8.82% of the company’s shares, while institutions hold 86.41% stake in the company. Shares short for WEN as of 1719532800 were 10845920 with a Short Ratio of 2.64, compared to 1717113600 on 13273624. Therefore, it implies a Short% of Shares Outstanding of 10845920 and a Short% of Float of 15.7.

Dividends & Splits

The forward annual dividend rate for WEN is 1.00, which was 1.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.056657225The stock’s 5-year Average Dividend Yield is 2.62.

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