The Wendy's Company (NASDAQ:WEN): Up to Date Analyst Ratings
Feb 16 2017 by Joanne Wise
Wendy's Company (The) (NASDAQ:WEN) announced its quarterly earnings results on Thursday. The reported earnings per share topped the analyst's consensus by $0.04 with the percentage difference between estimated and actual earnings arriving at 10.30%. Wendy's said company operated restaurants declined by 522 units at the end of the fourth quarter.
The Wendy's Company (NASDAQ:WEN)'s market cap, the total dollar value of all of their outstanding shares, is 3657.42m. The Next Day Volume after Earnings was reported as 11.7 Million.
The Wendy's Company (NASDAQ:WEN) has a market capitalization of 3.51 Billion. Wendy's Company has a 52 week low of $8.89 and a 52 week high of $14.07.
Other equities analysts also recently issued research reports about the company. Shareholders of record on Thursday, December 1st were given a $0.065 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.95%. During the same quarter in the previous year, the company posted $0.12 EPS. Wendy's Company (The)'s dividend payout ratio (DPR) is now 38.24%.
This piece of content was originally published by BBNS and is the sole property of of BBNS. If you are accessing this story on another publication, it was illegally copied and republished in violation of worldwide trademark & copyright law. Mr. Nelson Peltz is one of the biggest insider owners in The Wendy's Company (NASDAQ:WEN), according to U.S. Securities and Exchange Commission (SEC) filings. The Wendy's Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Trian Partners Master Fund, L. has acquired 3,743,384 shares of The Wendy's Company (WEN) in trading session dated December 06, 2016. (The) downgraded Wendy's Company (The) from a "buy" rating to a "neutral" rating and set a $12.50 price target for the company.in a report on Monday, November 28th. J P Morgan Chase & Co reaffirmed a hold rating and set a $11.50 price target on shares of Wendy's Company (The) in a research note on Thursday, November 10th.
Wendy's reported company-operated restaurant margin was 18.8 percent in the fourth quarter ended January 1, compared to 19.2 percent in the year-ago period.
The Average Volume of the company is 4.63 Million, while the Relative Volume of the company is 1.42.
Price Target plays a critical role when it comes to the Analysis of a Stock. One quarter earlier, revenue for the stock was at $382.72 million, with earnings at $0.10/share. In a transaction dated December 06, 2016, the shares were bought at an average price of $12.79, giving away a sum of $47,877,881.
Revenue fell 33 percent to $309.9 million, mainly due to fewer company-owned restaurants in the quarter. Institutional investors and hedge funds own 83.19% of the company's stock. Victory Capital Management Inc. boosted its position in shares of Wendy's Company (The) by 8,715.3% in the third quarter. Mik Capital LLC purchased a new position in shares of Wendy's Company (The) during the third quarter worth $27,827,000. Finally, First Trust Advisors LP increased its position in Wendy's Company (The) by 156.5% in the second quarter. LS Investment Advisors LLC now owns 13,412 shares of the company's stock valued at $145,000 after buying an additional 88 shares during the period. World Asset Management Inc now owns 13,520 shares of the company's stock valued at $146,000 after buying an additional 2,984 shares during the period.
Wendys Restaurants is the parent company of Wendys International LLC (Wendys) which is the owner and franchisor of the Wendys restaurant system in the United States.