Wendy’s Co (NASDAQ: WEN) is -8.04% lower on its value in year-to-date trading and has touched a low of $13.72 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 $14.30 in the last trading session, with the day’s gains setting it 0.69%.
Currently trading at $14.99, the stock is 2.71% and -4.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.03 million and changing 4.83% at the moment leaves the stock -12.93% off its SMA200. WEN registered -22.25% loss for a year compared to 6-month loss of -12.80%.
The stock witnessed a 0.94% gain in the last 1 month and extending the period to 3 months gives it a -18.62%, and is 4.53% 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 4.40% over the week and 2.85% over the month.
Wendy’s Co (WEN) has around 15300 employees, a market worth around $3.06B and $2.25B in sales. Current P/E ratio is 15.88 and Fwd P/E is 13.33. Profit margin for the company is 8.65%. Distance from 52-week low is 9.26% and -27.41% from its 52-week high. The company has generated returns on investments over the last 12 months (4.63%).
with sales reaching $531.89M over the same period.The EPS is expected to grow by 0.73% this year, but quarterly earnings will post 0.69% year-over-year. Quarterly sales are estimated to shrink -0.53% in year-over-year returns.
Wendy’s Co (WEN) Top Institutional Holders
The shares outstanding are 203.83M, and float is at 185.70M with Short Float at 5.11%.
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).
