Wendy’s Co (WEN) concluded trading on Wednesday at a closing price of $14.17, with 5.21 million shares of worth about $73.85 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -17.71% during that period and on January 22, 2025 the price saw no change. 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 -6.35% in past 5 days and over the past one month there was a price change of -15.05%. Year-to-date (YTD), WEN shares are showing a performance of -13.07% which decreased to -26.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.12 but also hit the highest price of $20.65 during that period. The average intraday trading volume for Wendy’s Co shares is 3.86 million. The stock is currently trading -9.19% below its 20-day simple moving average (SMA20), while that difference is down -16.72% for SMA50 and it goes to -19.62% lower than SMA200.
Wendy’s Co (NASDAQ: WEN) currently have 203.09M outstanding shares and institutions hold larger chunk of about 81.01% of that.
The stock has a current market capitalization of $2.89B and its 3Y-monthly beta is at 0.76. PE ratio of stock for trailing 12 months is 15.08, while it has posted earnings per share of $0.94 in the same period. Its PEG reads 2.20 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 2.72% while standing at 2.34% over the month.
Stock’s fiscal year EPS is expected to rise by 2.82% while it is estimated to increase by 4.96% 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 Morgan Stanley on January 21, 2025 offering an Underweight rating for the stock and assigned a target price range of between $22 and $14 to it. Coverage by Goldman stated Wendy’s Co (WEN) stock as a Sell in their note to investors on June 13, 2024, suggesting a price target of $16 for the stock. On April 12, 2024, Stephens Resumed their recommendations, while on February 22, 2024, Bernstein Downgrade their ratings for the stock with a price target of $20. Stock get a Neutral rating from JP Morgan on February 21, 2024.
