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Will The Wendy’s Company (WEN) benefit from Wall Street bulls Calls?

The Wendy’s Company (NASDAQ: WEN) is -2.39% lower on its value in year-to-date trading and has touched a low of $15.77 and a high of $23.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WEN stock was last observed hovering at around $22.35 in the last trading session, with the day’s loss setting it -0.26% off its average median price target of $25.00 for the next 12 months. It is also 23.83% off the consensus price target high of $29.00 offered by 29 analysts, but current levels are -16.26% lower than the price target low of $19.00 for the same period.

Currently trading at $22.09, the stock is -2.12% and -1.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.36 million and changing -1.16% at the moment leaves the stock 8.88% off its SMA200. WEN registered 0.50% gain for a year compared to 6-month gain of 8.39%.

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The stock witnessed a -3.45% loss in the last 1 month and extending the period to 3 months gives it a 9.36%, and is -3.20% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.37% over the week and 2.52% over the month.

The Wendy’s Company (WEN) has around 14500 employees, a market worth around $4.64B and $2.03B in sales. Current P/E ratio is 25.48 and Fwd P/E is 22.16. Profit margin for the company is 8.80%. Distance from 52-week low is 40.12% and -7.11% from its 52-week high. The company has generated returns on investments over the last 12 months (9.10%).

The Wendy’s Company (WEN) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for The Wendy’s Company (WEN) is a “Overweight”. 29 analysts offering their recommendations for the stock have an average rating of 2.40, where 16 rate it as a Hold and 2 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

The Wendy’s Company is expected to release its quarterly report on 05/10/2023.The EPS is expected to grow by 72.80% this year.

The Wendy’s Company (WEN) Top Institutional Holders

The shares outstanding are 212.81M, and float is at 194.79M with Short Float at 2.50%.

The Wendy’s Company (WEN) Insider Activity

A total of 6 insider transactions have happened at The Wendy’s Company (WEN) in the last six months, with sales accounting for 0 and purchases happening 6 times.

The Wendy’s Company (WEN): Who are the competitors?

The company’s main competitors (and peers) include McDonald’s Corporation (MCD) that is trading 5.88% up over the past 12 months and Starbucks Corporation (SBUX) that is 10.73% higher over the same period. Chipotle Mexican Grill Inc. (CMG) is 15.72% up on the 1-year trading charts.

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