Wendy’s Co (WEN) 14-day ATR is 0.39: This Stock is Set to Soar Above its Peers

Witnessing the stock’s movement on the chart, on Thursday, Wendy’s Co (NASDAQ: WEN) had a quiet start as it plunged -0.80% to $18.70, before settling in for the price of $18.85 at the close. Taking a more long-term approach, WEN posted a 52-week range of $17.64-$23.90.

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The company of the Consumer Cyclical sector’s yearbook sales growth during the past 5- year span was recorded 6.58%. Meanwhile, its Annual Earning per share during the time was 10.66%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 3.08%. This publicly-traded company’s shares outstanding now amounts to $205.40 million, simultaneously with a float of $187.31 million. The organization now has a market capitalization sitting at $3.84 billion. At the time of writing, stock’s 50-day Moving Average stood at $18.57, while the 200-day Moving Average is $19.64.

Wendy’s Co (WEN) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Restaurants industry. Wendy’s Co’s current insider ownership accounts for 8.84%, in contrast to 78.70% institutional ownership. According to the most recent insider trade that took place on Mar 01 ’24, this organization’s Director sold 4,500 shares at the rate of 18.07, making the entire transaction reach 81,315 in total value, affecting insider ownership by 31,304. Preceding that transaction, on Dec 01 ’23, Company’s Director sold 20,000 for 19.18, making the whole transaction’s value amount to 383,626. This particular insider is now the holder of 30,407 in total.

Wendy’s Co (WEN) Earnings and Revenue Records

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.21 earnings per share (EPS) for the period falling under the consensus outlook (set at $0.23) by -$0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.29 per share during the current fiscal year.

Wendy’s Co’s EPS increase for this current 12-month fiscal period is 3.08% and is forecasted to reach 1.11 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.81% through the next 5 years, which can be compared against the 10.66% growth it accomplished over the previous five years trading on the market.

Wendy’s Co (NASDAQ: WEN) Trading Performance Indicators

Let’s observe the current performance indicators for Wendy’s Co (WEN). It’s Quick Ratio in the last reported quarter now stands at 2.18. The Stock has managed to achieve an average true range (ATR) of 0.39. Alongside those numbers, its PE Ratio stands at $19.34, and its Beta score is 0.81. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.76. Similarly, its price to free cash flow for trailing twelve months is now 14.76.

In the same vein, WEN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.97, a figure that is expected to reach 0.21 in the next quarter, and analysts are predicting that it will be 1.11 at the market close of one year from today.

Technical Analysis of Wendy’s Co (WEN)

Going through the that latest performance of [Wendy’s Co, WEN]. Its last 5-days volume of 3.03 million indicated improvement to the volume of 2.97 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 69.89% While, its Average True Range was 0.40.

Raw Stochastic average of Wendy’s Co (WEN) in the period of the previous 100 days is set at 37.19%, which indicates a major fall in contrast to 59.81% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 24.31% that was higher than 22.26% volatility it exhibited in the past 100-days period.