Wendy’s Co (WEN) concluded trading on Thursday at a closing price of $16.57, with 4.1 million shares of worth about $67.93 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.60% during that period and on December 19, 2024 the price saw a loss of about -0.66%. Currently the company’s common shares owned by public are about 203.09M shares, out of which, 185.68M shares are available for trading.
Stock saw a price change of -4.16% in past 5 days and over the past one month there was a price change of -8.05%. Year-to-date (YTD), WEN shares are showing a performance of -14.94% which decreased to -17.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.61 but also hit the highest price of $20.65 during that period. The average intraday trading volume for Wendy’s Co shares is 3.70 million. The stock is currently trading -6.13% below its 20-day simple moving average (SMA20), while that difference is down -10.88% for SMA50 and it goes to -7.51% lower than SMA200.
Wendy’s Co (NASDAQ: WEN) currently have 203.09M outstanding shares and institutions hold larger chunk of about 80.57% of that.
The stock has a current market capitalization of $3.38B and its 3Y-monthly beta is at 0.77. PE ratio of stock for trailing 12 months is 17.63, while it has posted earnings per share of $0.94 in the same period. Its PEG reads 2.58 and has Quick Ratio of 2.08 while making debt-to-equity ratio of 15.77. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for WEN, volatility over the week remained 2.30% while standing at 2.20% over the month.
Stock’s fiscal year EPS is expected to rise by 2.85% while it is estimated to increase by 5.47% in next year. EPS is likely to shrink at an annualized rate of 6.84% for next 5-years, compared to annual growth of 10.66% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on June 13, 2024 offering a Sell rating for the stock and assigned a target price of $16 to it. Coverage by Stephens stated Wendy’s Co (WEN) stock as an Equal-weight in their note to investors on April 12, 2024, suggesting a price target of $20 for the stock. On February 22, 2024, Bernstein Downgrade their recommendations, while on February 21, 2024, JP Morgan Downgrade their ratings for the stock with a price target of $19. Stock get a Hold rating from Gordon Haskett on January 16, 2024.
