Wendy’s Co (NASDAQ: WEN) kicked off on Monday, up 0.31% from the previous trading day, before settling in for the closing price of $19.66. Over the past 52 weeks, WEN has traded in a range of $15.61-$20.65.
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A company in the Consumer Cyclical sector has jumped its sales by 6.58% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 2.83%. With a float of $185.60 million, this company’s outstanding shares have now reached $205.40 million.
In an organization with 15300 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 27.14%, operating margin of 13.34%, and the pretax margin is 13.91%.
Wendy’s Co (WEN) Insider Updates
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 8.95%, while institutional ownership is 77.81%. 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) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.21 earnings per share (EPS), lower than consensus estimate (set at 0.23) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.84% 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 2.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.87. Likewise, its price to free cash flow for the trailing twelve months is 14.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.94, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.05 in one year’s time.
Technical Analysis of Wendy’s Co (WEN)
Let’s dig in a bit further. During the last 5-days, its volume was 5.32 million. That was better than the volume of 3.52 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 38.45%. Additionally, its Average True Range was 0.54.
During the past 100 days, Wendy’s Co’s (WEN) raw stochastic average was set at 82.68%, which indicates a significant increase from 51.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.63% in the past 14 days, which was higher than the 29.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.08, while its 200-day Moving Average is $18.02. However, in the short run, Wendy’s Co’s stock first resistance to watch stands at $19.89. Second resistance stands at $20.06. The third major resistance level sits at $20.28. If the price goes on to break the first support level at $19.49, it is likely to go to the next support level at $19.27. Assuming the price breaks the second support level, the third support level stands at $19.10.
Wendy’s Co (NASDAQ: WEN) Key Stats
The company with the Market Capitalisation of 4.14 billion has total of 203,243K 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.
