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Wendy’s Co (WEN) – key numbers that make it a Strong Buy For Now

Wendy’s Co (NASDAQ: WEN) is -5.60% 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 $18.58 in the last trading session, with the day’s loss setting it -0.19%.

Currently trading at $18.39, the stock is -2.60% and -1.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.61 million and changing -1.02% at the moment leaves the stock 2.25% off its SMA200. WEN registered -4.62% loss for a year compared to 6-month gain of 8.24%. The firm has a 50-day simple moving average (SMA 50) of $18.6118 and a 200-day simple moving average (SMA200) of $17.9911.

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The stock witnessed a -9.85% loss in the last 1 month and extending the period to 3 months gives it a 9.66%, and is 2.05% up 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 2.52% over the week and 2.85% 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 19.57 and Fwd P/E is 17.47. Profit margin for the company is 8.76%. Distance from 52-week low is 17.77% and -10.94% from its 52-week high. The company has generated returns on investments over the last 12 months (4.55%).

with sales reaching $563.34M over the same period.The EPS is expected to grow by 2.89% this year, but quarterly earnings will post 2.39% year-over-year. Quarterly sales are estimated to grow 4.20% in year-over-year returns.

Wendy’s Co (WEN) Top Institutional Holders

519.0 institutions hold shares in Wendy’s Co (WEN), with institutional investors hold 97.76% of the company’s shares. The shares outstanding are 205.40M, and float is at 185.62M with Short Float at 5.83%. Institutions hold 89.02% 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).

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