On Friday, Wendy’s Co (NASDAQ: WEN) was -1.12% drop from the session before settling in for the closing price of $16.98. A 52-week range for WEN has been $15.61 – $22.42.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 6.58%. When this article was written, the company’s average yearly earnings per share was at 2.36%. With a float of $187.03 million, this company’s outstanding shares have now reached $205.40 million.
Let’s determine the extent of company efficiency that accounts for 15300 employees.
Wendy’s Co (WEN) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Wendy’s Co stocks. The insider ownership of Wendy’s Co is 8.82%, while institutional ownership is 86.23%. The most recent insider transaction that took place on Jun 03 ’24, was worth 365,182. In this transaction Director of this company sold 21,000 shares at a rate of $17.39, taking the stock ownership to the 39,478 shares. Before that another transaction happened on May 09 ’24, when Company’s Global Chief Marketing Officer sold 44,806 for $19.50, making the entire transaction worth $873,717. This insider now owns 27,586 shares in total.
Wendy’s Co (WEN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 2.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.55% during the next five years compared to 10.66% growth over the previous five years of trading.
Wendy’s Co (NASDAQ: WEN) Trading Performance Indicators
You can see what Wendy’s Co (WEN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.57. Likewise, its price to free cash flow for the trailing twelve months is 11.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.98, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of Wendy’s Co (WEN)
Looking closely at Wendy’s Co (NASDAQ: WEN), its last 5-days average volume was 4.17 million, which is a jump from its year-to-date volume of 3.49 million. As of the previous 9 days, the stock’s Stochastic %D was 18.95%. Additionally, its Average True Range was 0.47.
During the past 100 days, Wendy’s Co’s (WEN) raw stochastic average was set at 23.34%, which indicates a significant decrease from 41.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.45% in the past 14 days, which was higher than the 25.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.04, while its 200-day Moving Average is $18.54. However, in the short run, Wendy’s Co’s stock first resistance to watch stands at $16.99. Second resistance stands at $17.19. The third major resistance level sits at $17.31. If the price goes on to break the first support level at $16.67, it is likely to go to the next support level at $16.55. Should the price break the second support level, the third support level stands at $16.35.
Wendy’s Co (NASDAQ: WEN) Key Stats
There are 205,133K outstanding shares of the company, which has a market capitalization of 3.44 billion. As of now, sales total 2,182 M while income totals 204,440 K. Its latest quarter income was 534,750 K while its last quarter net income were 41,990 K.
