Profund Advisors LLC's holdings in Wendy's Company (The) were worth $380,000 at the end of the most recent quarter. BlackRock Advisors LLC boosted its stake in shares of Wendy's Company (The) by 0.6% in the third quarter. Pacad Investment Ltd. boosted its stake in shares of Wendy's Company (The) by 0.6% in the fourth quarter. World Asset Management Inc raised its position in shares of Wendy's Company (The) by 4.3% in the first quarter. Finally, Meadow Creek Investment Management LLC raised its position in shares of Wendy's Company (The) by 1.3% in the first quarter. Its quick ratio was 1.80 while current ratio was noted as 2.00 in the most recent quarter. During the trading on 06/19/2017, Company's stock ranged from $15.30 to $14.95.
Dividends Wendy's Company (The) pays an annual dividend of $0.28 per share and has a dividend yield of 1.8%.
Now the shares of The Wendy's Company (WEN) has a trading volume of 4.04 Million shares, with an average trading volume of 2630 shares - with shares dropping to a 52 week low of $9.15, and the company's shares hitting a 52 week high of $ 16.66. The stock's 50 day moving average price is $15.75 and its 200 day moving average price is $14.23.
On the last trading day, The Wendy's Company (WEN) lost -2.36% closing at the price of $15.34 while the previous close of WEN was $15.71. The restaurant operator reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. For the next 5 years, The Wendy's Company is expecting Growth of 16.18% per annum, whereas in the past 5 years the growth was 27.3% per annum.
5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Wendy's Company (The) (WEN) stands at -10 while the industry's and the sector's growth for next 5 years ticked at 7.33 and 3.85 respectively. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 12.5%. The business's revenue for the quarter was down 24.6% compared to the same quarter past year. Given Fogo de Chao's stronger consensus rating and higher possible upside, equities research analysts clearly believe Fogo de Chao is more favorable than Wendy's Company (The).
In Georgia, Handel thanks Trump and reaches out to Democrats
Ossoff's loss makes the Democrats 0 for 5 in special congressional races since Trump's election a year ago . President Trump and his family weighed in multiple times after the Republican win was announced.
The company also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Shareholders of record on Thursday, June 1st were paid a dividend of $0.07 per share. A stock with a beta between 0.0 and 1.0 has smaller ups and downs. The ex-dividend date of this dividend was Tuesday, May 30th. Price targets frequently change, depending on the outlook for a company's earnings.
TRADEMARK VIOLATION NOTICE: "Wendy's Company (The) (WEN) Downgraded by BidaskClub" was first published by Markets Daily and is owned by of Markets Daily. If you are accessing this piece on another site, it was illegally stolen and republished in violation of USA and global trademark and copyright legislation. Meadow Creek Investment Management LLC now owns 13,244 shares of the restaurant operator's stock valued at $180,000 after buying an additional 168 shares during the period. Instinet reissued a "neutral" rating and issued a $15.00 target price (up from $11.00) on shares of Wendy's Company (The) in a report on Thursday, May 11th. Barclays PLC lifted their price objective on Wendy's Company (The) from $17.00 to $18.00 and gave the stock an "overweight" rating in a report on Wednesday, May 31st. BMO Capital Markets began coverage on Wendy's Company (The) in a report on Friday, April 21st.
Wendys Company (NASDAQ:WEN) has average revenue estimates of $302.84 Million, compared to low analyst estimates of $289.4 Million and high estimates of $315 Million for the current quarter.
In other news, major shareholder Trian Partners Parallel Fund I sold 5,500,000 shares of the company's stock in a transaction on Monday, June 5th. The stock was sold at an average price of $15.97, for a total value of $87,835,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Wendy's Restaurants is the parent company of Wendy's International, LLC (Wendy's), which is the owner and franchisor of the Wendy's restaurant system in the United States. The Company operates approximately 26 restaurants in the United States, 10 in Brazil and one in Mexico. Currently The Wendy's Company (WEN) has beta value of 0.95.
Comments