Wendys Company (NASDAQ:WEN) shares traded 0.17% up during most recent session to reach at the closing price of $17.74. The stock exchanged hands 4.85 Million shares versus average trading capacity of 3.56 Million shares, yielding a market cap of $4.19 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $19.23 within the next 52-weeks. The mean target projections are based on 22 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Wendys Company (NASDAQ:WEN) high price target of $24 and with a conservative view have low price target of $17.
Wedbush “Downgrades” Wendys Company (NASDAQ:WEN) in a research note issued to investors on 1/09/19 to Neutral with price target of $0.
Additionally on 1/09/19 Oppenheimer “Upgrades” Wendys Company (NASDAQ:WEN) to Outperform setting price target at $0 and on 1/07/19 Stifel Nicolaus “Downgrades” the stock to Hold at $0. Furthermore on 11/08/18 Wells Fargo “Maintained” the stock to Market Perform at $17.5.
On the other hand the company has Relative Strength Index (RSI 14) of 65.36 along with Average True Range (ATR 14) of 0.31, Consequently Wendys Company (NASDAQ:WEN)’s weekly and monthly volatility is 1.19%, 1.93% respectively. The company’s beta value is at 0.77.
In terms of Buy, Sell or Hold recommendations, Wendys Company (NASDAQ:WEN) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Wendys Company (NASDAQ:WEN)’s minimum EPS for the current quarter is at $0.14 and can go high up to $0.16. The consensus mean EPS for the current quarter is at $0.15 derived from a total of 25 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.11 earnings per share for the same quarter during last year.
Previously Wendys Company (NASDAQ:WEN) reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.02. The company posted an earnings surprise of 13.3%.
Wendys Company (NASDAQ:WEN)’s revenue estimates for the current quarter are $400.15 Million according to 20 number of analysts, for the current quarter the company has high revenue estimates of $405 Million in contradiction of low revenue estimates of $393.1 Million. For the current year the company’s revenue estimates are $1.59 Billion compared to low analyst estimates of $1.59 Billion and high estimates of $1.6 Billion according to 22 number of analysts.
Currently Wendys Company (NASDAQ:WEN)’s shares owned by insiders are 6.7%, whereas shares owned by institutional owners are 78.5%. However the six-month change in the insider ownership was recorded -0.18%, as well as three-month change in the institutional ownership was recorded -2.23%.
Wendys Company (NASDAQ:WEN)’s trailing twelve month revenues are $1.5 Billion, whereas its price to sales ratio for the same period is 2.79. Its book value per share for the most recent quarter is $3.3 while its price to book ratio for the same period is 5.38, as for as the company’s cash per share for the most recent quarter is $2.69, however its price to cash per share ratio for the same period is 6.61. The stock has 5 year expected PEG ratio of 0.35 whereas its trailing twelve month P/E ratio is 9.46.