Wendy’s Co (NASDAQ: WEN) kicked off on Friday, down -1.51% from the previous trading day, before settling in for the closing price of $17.19. Over the past 52 weeks, WEN has traded in a range of $15.61-$21.51.
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Consumer Cyclical Sector giant saw their annual sales surged by 6.58% over the last five years. While this was happening, its average annual earnings per share was recorded 1.84%. With a float of $185.14 million, this company’s outstanding shares have now reached $205.40 million.
The firm has a total of 15300 workers. Let’s measure their productivity. In terms of profitability, gross margin is 29.8%, operating margin of 16.61%, and the pretax margin is 12.63%.
Wendy’s Co (WEN) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Restaurants Industry. The insider ownership of Wendy’s Co is 8.83%, while institutional ownership is 81.53%. The most recent insider transaction that took place on Aug 08 ’24, was worth 17,180,000. In this transaction Director of this company sold 1,000,000 shares at a rate of $17.18, taking the stock ownership to the 14,943,466 shares. Before that another transaction happened on Aug 08 ’24, when Company’s Director sold 1,000,000 for $17.18, making the entire transaction worth $17,180,000. This insider now owns 14,943,466 shares in total.
Wendy’s Co (WEN) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.27 earnings per share (EPS), higher than consensus estimate (set at 0.25) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.77% 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
Take a look at Wendy’s Co’s (WEN) current performance indicators. Last quarter, stock had a quick ratio of 2.15. 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 13.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.97, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.07 in one year’s time.
Technical Analysis of Wendy’s Co (WEN)
Analysing the last 5-days average volume posted by the [Wendy’s Co, WEN], we can find that recorded value of 3.01 million was lower than the volume posted last year of 3.55 million. As of the previous 9 days, the stock’s Stochastic%D was 57.70%. Additionally, its Average True Range was 0.49.
During the past 100 days, Wendy’s Co’s (WEN) raw stochastic average was set at 26.12%, which indicates a significant decrease from 46.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.91% in the past 14 days, which was lower than the 25.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.84, while its 200-day Moving Average is $18.38. Now, the first resistance to watch is $17.14. This is followed by the second major resistance level at $17.35. The third major resistance level sits at $17.50. If the price goes on to break the first support level at $16.77, it is likely to go to the next support level at $16.62. Should the price break the second support level, the third support level stands at $16.41.
Wendy’s Co (NASDAQ: WEN) Key Stats
The company with the Market Capitalisation of 3.44 billion has total of 205,133K Shares Outstanding. Its annual sales at the moment are 2,182 M in contrast with the sum of 204,440 K annual income. Company’s last quarter sales were recorded 570,730 K and last quarter income was 54,640 K.
