The Wendy's Company (NASDAQ:WEN): Up to Date Analyst Ratings

Wendy's

The Wendy's Company (NASDAQ:WEN) posted earnings of $0.11/Share in the previous quarter, as compared to earnings of $0.1/share estimated by analysts.

On 08/10/2016, the stock reported the EPS of $0.1 where Analysts were projecting the EPS to be $0.09 showing a difference of $0.01. The rating firm issued a Neutral rating to this company in a research note released on Jan 06, 2017. Vetr cut shares of Wendy's Company (The) from a strong-buy rating to a buy rating and set a $14.24 price target on the stock.in a research note on Tuesday, December 6th.

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. They noted that the move was a valuation call. And a quick view of analyst notes show that 3 are rating the stock a buy while 4 rate WEN a strong buy. Wendy's Company (The) presently has a consensus rating of "Hold" and an average target price of $12.55.

The Wendy's Company (NASDAQ:WEN) reached 60.24% versus a 1-year low price of $9.15. One quarter earlier, revenue for the stock was at $382.72 million, with earnings at $0.10/share. The company has a market capitalization of $3.69 billion, a PE ratio of 20.84 and a beta of 0.97. The company's 50 day moving average is $13.73 and its 200 day moving average is $11.86. Wendy's Company has a 12-month low of $9.15 and a 12-month high of $14.47. Stephens reaffirmed an "overweight" rating and issued a $15.00 price target on shares of Wendy's Company (The) in a research note on Monday, December 19th. The analysts offering Earnings Estimates for the company were believing that The Wendy's Company (NASDAQ:WEN) could bring EPS of $0.1/share. Wendy's Company (The) had a net margin of 11.74% and a return on equity of 16.62%. The stock witnessed 6.7% gains, 23.18% gains and 44.13% gains for the 1-month, 3-month and 6-month period, respectively. During the same quarter in the previous year, the company posted $0.12 EPS.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 15th. Stockholders of record on Wednesday, March 1st will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.95%.

Additionally, Wendy's board of directors authorized a 0.5 cents per share (+7.7%) increase to its quarterly dividend and announced a new $150 million share buyback program.

Revenue fell 33 percent to $309.9 million, mainly due to fewer company-owned restaurants in the quarter. Meanwhile, 10% Owner TRIAN FUND MANAGEMENT, L.P. purchased 3,743,384 shares worth $47877880, through a transaction dated 2016-12-06. The shares were acquired at an average cost of $12.79 per share, with a total value of $47,877,881.36. Trian Partners Master Fund, L. now owns 44,535,921 shares in the company after this transaction. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. The Closing price before the company posted its earnings was $11.07. If you are accessing this story on another publication, it was illegally copied and republished in violation of worldwide trademark & copyright law.

"We are very proud that we were able to hold adjusted EBITDA flat year-over year despite selling a significant number of company-operated restaurants during 2016", Chief Financial Officer Gunther Plosch said in the release.

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