Wendy’s Co [WEN] stock is trading at $16.57, down -0.66%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WEN shares have lost -4.16% over the last week, with a monthly amount drifted -8.05%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wendy’s Co [NASDAQ: WEN] stock has seen the most recent analyst activity on June 13, 2024, when Goldman initiated its Sell rating and assigned the stock a price target of $16. On February 22, 2024, downgrade downgraded it’s rating to Mkt Perform and revised its price target to $20 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $19 on February 21, 2024. Gordon Haskett downgraded its rating to a Hold but $21 remained the price target by the analyst firm on January 16, 2024. Barclays downgraded its rating to Equal Weight for this stock on January 03, 2024, and downed its price target to $21. In a note dated December 21, 2023, Wedbush downgraded an Neutral rating on this stock but restated the target price of $21.
Wendy’s Co [WEN] stock has fluctuated between $15.61 and $20.65 over the past year. Currently, Wall Street analysts expect the stock to reach $19.22 within the next 12 months. Wendy’s Co [NASDAQ: WEN] shares were valued at $16.57 at the most recent close of the market. An investor can expect a potential return of 15.99% based on the average WEN price forecast.
Analyzing the WEN fundamentals
Wendy’s Co [NASDAQ:WEN] reported sales of 2.21B for the trailing twelve months, which represents a growth of 2.94%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.68 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of10.85.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.44 points at the first support level, and at 16.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.78, and for the 2nd resistance point, it is at 16.98.
Ratios To Look Out For
For context, Wendy’s Co’s Current Ratio is 2.10. Also, the Quick Ratio is 2.08, while the Cash Ratio stands at 1.29. Considering the valuation of this stock, the price to sales ratio is 1.53, the price to book ratio is 12.95 and price to earnings (TTM) ratio is 17.63.
Transactions by insiders
Recent insider trading involved Mathews-Spradlin Mich J, Director, that happened on Nov 07 ’24 when 24462.0 shares were sold. Chf Corp Affrs & Sustnblty Ofc, Esposito Liliana completed a deal on Nov 05 ’24 to sell 52009.0 shares. Meanwhile, Director Michelle Mathews-Spradlin bought 24462.0 shares on Nov 07 ’24.
