Wendy’s Co (NASDAQ: WEN) is -5.65% lower on its value in year-to-date trading and has touched a low of $15.61 and a high of $20.65 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 $18.79 in the last trading session, with the day’s loss setting it -0.41%.
Currently trading at $18.38, the stock is -6.23% and -0.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.0 million and changing -2.18% at the moment leaves the stock 1.93% off its SMA200. WEN registered -2.80% loss for a year compared to 6-month gain of -1.34%. The firm has a 50-day simple moving average (SMA 50) of $18.4042 and a 200-day simple moving average (SMA200) of $18.03155.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -5.26% loss in the last 1 month and extending the period to 3 months gives it a 7.30%, and is -7.03% 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 3.08% over the week and 2.73% over the month.
Wendy’s Co (WEN) has around 15300 employees, a market worth around $3.75B and $2.21B in sales. Current P/E ratio is 19.56 and Fwd P/E is 17.46. Profit margin for the company is 8.76%. Distance from 52-week low is 17.71% and -10.99% from its 52-week high. The company has generated returns on investments over the last 12 months (4.55%).
with sales reaching $563.97M over the same period.The EPS is expected to grow by 2.89% this year, but quarterly earnings will post 2.40% year-over-year. Quarterly sales are estimated to grow 4.30% in year-over-year returns.
Wendy’s Co (WEN) Top Institutional Holders
502.0 institutions hold shares in Wendy’s Co (WEN), with institutional investors hold 86.11% of the company’s shares. The shares outstanding are 205.40M, and float is at 185.60M with Short Float at 5.83%. Institutions hold 78.41% of the Float.
The top institutional shareholder in the company is TRIAN FUND MANAGEMENT, L.P. with over 31.51 million shares valued at $534.37 million. The investor’s holdings represent 15.3419% of the WEN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 21.73 million shares valued at $368.6 million to account for 10.5824 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 19.61 million shares representing 9.5462% and valued at over $332.5 million, while HARRIS ASSOCIATES L P holds 4.6218 of the shares totaling 9.49 million with a market value of $160.98 million.
Wendy’s Co (WEN) Insider Activity
The most recent transaction is an insider sale by Mathews-Spradlin Mich J, the company’s Director. SEC filings show that Mathews-Spradlin Mich J sold 24,462 shares of the company’s common stock on Nov 07 ’24 at a price of $20.28 per share for a total of $0.5 million. Following the sale, the insider now owns 63789.0 shares.
Wendy’s Co disclosed in a document filed with the SEC on Nov 05 ’24 that Esposito Liliana (Chf Corp Affrs & Sustnblty Ofc) sold a total of 52,009 shares of the company’s common stock. The trade occurred on Nov 05 ’24 and was made at $19.63 per share for $1.02 million. Following the transaction, the insider now directly holds 83492.0 shares of the WEN stock.
Still, SEC filings show that on Nov 07 ’24, Michelle Mathews-Spradlin (Director) Proposed Sale 24,462 shares at an average price of $20.28 for $0.5 million. The insider now directly holds shares of Wendy’s Co (WEN).
