Wendy’s Co (NASDAQ: WEN) on Monday, plunged -1.02% from the previous trading day, before settling in for the closing price of $16.65. Within the past 52 weeks, WEN’s price has moved between $15.61 and $20.65.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 6.58%. The company achieved an average annual earnings per share of 2.85%. With a float of $185.68 million, this company’s outstanding shares have now reached $203.09 million.
The extent of productivity of a business whose workforce counts for 15300 workers is very important to gauge. In terms of profitability, gross margin is 27.84%, operating margin of 16.18%, and the pretax margin is 12.17%.
Wendy’s Co (WEN) Insider Updates
Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Wendy’s Co is 8.91%, while institutional ownership is 80.57%. The most recent insider transaction that took place on Nov 07 ’24, was worth 496,089. In this transaction Director of this company sold 24,462 shares at a rate of $20.28, taking the stock ownership to the 63,789 shares. Before that another transaction happened on Nov 05 ’24, when Company’s Chf Corp Affrs & Sustnblty Ofc sold 52,009 for $19.63, making the entire transaction worth $1,020,937. This insider now owns 83,492 shares in total.
Wendy’s Co (WEN) Performance Highlights and Predictions
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 2.85% 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
Wendy’s Co (WEN) is currently performing well based on its current performance indicators. A quick ratio of 2.08 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.52. Likewise, its price to free cash flow for the trailing twelve months is 11.96.
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)
The latest stats from [Wendy’s Co, WEN] show that its last 5-days average volume of 4.08 million was superior to 3.54 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 13.64%. Additionally, its Average True Range was 0.43.
During the past 100 days, Wendy’s Co’s (WEN) raw stochastic average was set at 6.26%, which indicates a significant decrease from 14.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.92% in the past 14 days, which was lower than the 26.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.52, while its 200-day Moving Average is $17.90. Now, the first resistance to watch is $16.68. This is followed by the second major resistance level at $16.88. The third major resistance level sits at $17.12. If the price goes on to break the first support level at $16.24, it is likely to go to the next support level at $16.00. Assuming the price breaks the second support level, the third support level stands at $15.80.
Wendy’s Co (NASDAQ: WEN) Key Stats
Market capitalization of the company is 3.36 billion based on 203,845K outstanding shares. Right now, sales total 2,182 M and income totals 204,440 K. The company made 566,740 K in profit during its latest quarter, and 50,220 K in sales during its previous quarter.
