Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Wendy’s Co (NASDAQ: WEN) closed at $19.17 down -3.86% from its previous closing price of $19.94. In other words, the price has decreased by -$3.86 from its previous closing price. On the day, 4.56 million shares were traded. WEN stock price reached its highest trading level at $20.13 during the session, while it also had its lowest trading level at $19.15.
Ratios:
For a deeper understanding of Wendy’s Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.01. 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.
On February 22, 2024, Bernstein Downgraded its rating to Mkt Perform which previously was Outperform and also lowered its target price recommendation from $24 to $20.
JP Morgan Downgraded its Overweight to Neutral on February 21, 2024, whereas the target price for the stock was revised from $22 to $19.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 01 ’24 when GILBERT KENNETH W sold 4,500 shares for $18.07 per share. The transaction valued at 81,315 led to the insider holds 31,304 shares of the business.
LEVATO JOSEPH A sold 20,000 shares of WEN for $383,626 on Dec 01 ’23. The Director now owns 30,407 shares after completing the transaction at $19.18 per share. On Aug 22 ’23, another insider, Peltz Matthew H., who serves as the Director of the company, sold 2,905,569 shares for $20.30 each. As a result, the insider received 58,983,051 and left with 17,827,059 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 4090360320 and an Enterprise Value of 7554315776. As of this moment, Wendy’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.47, and their Forward P/E ratio for the next fiscal year is 17.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.80 while its Price-to-Book (P/B) ratio in mrq is 13.40. Its current Enterprise Value per Revenue stands at 3.453 whereas that against EBITDA is 14.651.
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 $17.64. The 50-Day Moving Average of the stock is 2.03%, while the 200-Day Moving Average is calculated to be -1.61%.
Shares Statistics:
For the past three months, WEN has traded an average of 3.23M shares per day and 4291080 over the past ten days. A total of 205.40M shares are outstanding, with a floating share count of 187.01M. Insiders hold about 8.84% of the company’s shares, while institutions hold 79.05% stake in the company. Shares short for WEN as of 1713139200 were 7775286 with a Short Ratio of 2.40, compared to 1710460800 on 8305947. Therefore, it implies a Short% of Shares Outstanding of 7775286 and a Short% of Float of 11.229999.
Dividends & Splits
According to the company, the forward annual dividend rate for WEN is 1.00, from 1.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.05015045The stock’s 5-year Average Dividend Yield is 2.49.
