Wendy’s Co (WEN) concluded trading on Thursday at a closing price of $14.85, with 4.48 million shares of worth about $66.59 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.59% during that period and on January 16, 2025 the price saw a loss of about -1.85%. Currently the company’s common shares owned by public are about 203.09M shares, out of which, 185.91M shares are available for trading.
Stock saw a price change of -2.17% in past 5 days and over the past one month there was a price change of -13.21%. Year-to-date (YTD), WEN shares are showing a performance of -8.90% which decreased to -21.97% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.73 but also hit the highest price of $20.65 during that period. The average intraday trading volume for Wendy’s Co shares is 3.84 million. The stock is currently trading -7.02% below its 20-day simple moving average (SMA20), while that difference is down -14.43% for SMA50 and it goes to -16.05% lower than SMA200.
Wendy’s Co (NASDAQ: WEN) currently have 203.09M outstanding shares and institutions hold larger chunk of about 81.02% of that.
The stock has a current market capitalization of $3.03B and its 3Y-monthly beta is at 0.78. PE ratio of stock for trailing 12 months is 15.80, while it has posted earnings per share of $0.94 in the same period. Its PEG reads 2.31 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 2.36% while standing at 2.31% over the month.
Stock’s fiscal year EPS is expected to rise by 2.86% while it is estimated to increase by 5.22% 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.
