However, 7.46% over the last one month, 9.83% for the last quarter and year to date performance stands at 2.67%. Commonwealth Of Pennsylvania School Empls Retrmt holds 0.01% in The Wendy's Company (NASDAQ:WEN) or 26,636 shares.
The Wendy's Company (NASDAQ:WEN) reported its EPS in the last quarter as $0.09/Share lagging the analyst estimate of $0.12/Share by a difference of $-0.03. The Wendy's Company (NASDAQ:WEN)'s short interest is 22.26 million shares, or 12.69% of the float.
Todd Penegor, the CEO and President of Wendys, expressed that in the past year they have grown their global portfolio by over 60 net new restaurants. Callahan Advisors Llc bought 8,457 shares as the company's stock rose 4.48% with the market. During the same period in the previous year, the firm earned $0.11 EPS.
Other research analysts also recently issued research reports about the stock. Longbow Research raised Wendys from a "neutral" rating to a "buy" rating and raised their target price for the stock from $15.23 to $18.00 in a research report on Friday, September 15th. Morgan Stanley boosted their target price on shares of Wendys from $16.00 to $17.00 and gave the stock an "underweight" rating in a research note on Thursday, November 9th. Zacks Investment Research's sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Wendys. One analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company's stock.
The firm has current ratio of 1.80 that indicates firm has capacity of total assets to cover its short-term and long term obligations. The stock decreased 0.77% or $0.65 during the last trading session, reaching $83.36.
Looking into last 5 trades, the stock observed a return of nearly 2.67%. The company has a current ratio of 1.80, a quick ratio of 1.78 and a debt-to-equity ratio of 5.83. The company has a market capitalization of $4,200.00, a P/E ratio of 69.32, a PEG ratio of 2.24 and a beta of 0.93. After the latest session, which saw the stock close at a price of $17.33, WEN sits below its 52-week high. WFG Advisors LP lifted its stake in Wendys by 50.2% in the second quarter.
By taking a look at the stock's current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Wendys by 10.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,495 shares of the restaurant operator's stock worth $116,000 after buying an additional 692 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Wendys by 2.8% during the second quarter. Riverhead Capital Management LLC now owns 9,312 shares of the restaurant operator's stock worth $144,000 after purchasing an additional 4,012 shares during the last quarter. Following the completion of the transaction, the insider now owns 240,365 shares of the company's stock, valued at approximately $3,074,268.35. The shares were purchased at an average cost of $14.29 per share, with a total value of $142,900.00. The institutional investor held 47,744 shares of the railroads company at the end of 2017Q3, valued at $3.96 million, up from 39,287 at the end of the previous reported quarter. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
The business also recently declared a quarterly dividend, which was paid on Friday, December 15th. Moors & Cabot Incorporated invested in 0.02% or 8,900 shares. This represents a $0.28 annualized dividend and a dividend yield of 1.62%. The stock has "Neutral" rating by Credit Suisse on Thursday, November 9. Wendys's dividend payout ratio (DPR) is presently 112.00%.
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The Wendy's Company is the parent company of its subsidiary holding company Wendy's Restaurants, LLC (Wendy's Restaurants). Worldwide restaurants within the company's system are those based outside Canada and the U.S., and comprise restaurants in the United States' territories of Puerto Rico, Guam and U.S. Virgin Islands. Wendy's is the restaurant company specializing in the hamburger sandwich segment.