As of Friday close, The Wendy’s Company’s (NASDAQ:WEN) stock was up $0.09, moving up 0.44 percent to $20.47. The average number of shares traded per day over the past five days has been 2,531,300 shares. 3 times new highs have been achieved over the past 5 days, with a $0.36 gain in that time frame. In the last twenty days, the average volume was 2,570,000, while in the previous 50 days, it was 2,523,428.
Since last month, WEN stock rose 1.69%. Shares of the company fell to $19.67 on 09/08/23, the lowest level in the past month. A 52-week high of $23.90 was reached on 05/10/23 after having rallying from a 52-week low of $18.50. Since the beginning of this year, WEN’s stock price has dropped by -9.54% or -$2.16, and marked a new high 6 times. However, the stock has declined by -14.35% since its 52-week high.
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WEN stock investors should be aware that The Wendy’s Company (WEN) stock had its last reported insider trading activity 32 days ago on Aug 22. Peltz Matthew H., the Director of the company, disposed of 2,905,569 shares for $20.30 on Aug 22. It resulted in a $58,983,051 divestment by the insider. PELTZ NELSON sold 2,905,569 shares at an average price of $20.30 on Aug 22. The insider now owns 17,827,059 shares following the transaction. On Aug 22, Director MAY PETER W sold 2,905,569 shares at $20.30 apiece. The transaction was valued at $58,983,051.
Valuation Metrics
Right now, The Wendy’s Company (WEN) has a P/E ratio of about 22.95. The stock’s beta is 0.89. Besides these, the trailing price-to-sales (P/S) ratio of 1.99, the price-to-book (PB) ratio of 11.01, and the price-to-cash flow ratio of 19.72 may also be considered.
The latest dividend of $0.25 per share was paid out, remained unchanged from last year’s $0.25. On Friday January 13 2023, a $0.1250 dividend increase was announced.
Financial Health
In the three months ended June 29, The Wendy’s Company’s quick ratio stood at 2.50, while its current ratio was 2.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 8.56, and the total debt-to-equity ratio was 8.69. On the profitability front, the trailing twelve-month gross margin is 62.50% percent. In the year ended June 29, EBITDA margin amounted to 23.85%, whereas operating margins totaled 17.40%. Based on annual data, WEN earned $1.28 billion in gross profit and brought in $2.1 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.30%. Return on equity (ROE) for the past 12 months was 44.60%.
In The Wendy’s Company’s quarter-end financial report for June 29, it reported total debt of $2.78 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. WEN’s revenue rose 4.24% to $528.81 million during the quarter, while net income inched up to $561.57 million. While analysts expected The Wendy’s Company to report $0.27 quarterly earnings, the actual figure was $0.28 per share, beating the consensus estimate by 3.70%. During the quarter, the company generated $145.04 million in EBITDA. The liabilities of The Wendy’s Company were 4.96 billion at the end of its most recent quarter ended June 29, and its total debt was $4.21 billion. The value of shareholders’ equity is $209.29 million.
Technical Picture
This quick technical analysis looks at The Wendy’s Company’s (WEN) price momentum. With a historical volatility rate of 17.59%, the RSI 9-day stood at 54.88% on 22 September.
With respect to its five-day moving average, the current The Wendy’s Company price is up by +1.79% percent or $0.36. At present, WEN shares trade +0.74% above its 20-day simple moving average and -7.71% percent below its 100-day simple moving average. However, the stock is currently trading approximately -4.08% below its SMA50 and -11.42% below its SMA200.
Stochastic coefficient K was 75.39% and Stochastic coefficient D was 81.79%, while ATR was 0.34. Given the Stochastic reading of 69.10% for the 14-day period, the RSI (14) reading has been calculated as 50.95%. As of today, the MACD Oscillator reading stands at 0.25, while the 14-day reading stands at 0.38.
Analyst Ratings
The Wendy’s Company (WEN) has been rated Overweight by analysts. According to 0 brokerage firms, WEN is a sell, and 15 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate The Wendy’s Company stock as buy, with 7 recommending it as overweight.
With a median target price of $24.00, the current consensus forecast for the stock is $22.00 – $31.00. Based on these forecasts, analysts predict The Wendy’s Company (WEN) will achieve an average price target of $24.88.
