NASDAQ:WENWendys Stock Price, Forecast & News

Wendys' stock was trading at $18.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WEN stock has decreased by 19.3% and is now trading at $14.55. View which stocks have been mosted impacted by Coronavirus.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wendys in the last year. There are currently 1 sell rating, 12 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Wendys.

Wendys is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Wendys.

Wendys Co (NASDAQ:WEN) released its quarterly earnings results on Wednesday, February, 26th. The restaurant operator reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by $0.01. The restaurant operator earned $427.20 million during the quarter, compared to analyst estimates of $423.70 million. Wendys had a return on equity of 22.61% and a net margin of 8.01%. The business's revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.16 earnings per share. View Wendys' earnings history.

Wendys declared a quarterly dividend on Thursday, February 20th. Investors of record on Monday, March 2nd will be paid a dividend of $0.12 per share on Monday, March 16th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date is Friday, February 28th. View Wendys' dividend history.

Wendys issued an update on its FY20 earnings guidance on Wednesday, February, 26th. The company provided EPS guidance of $0.60 to $0.62 for the period, compared to the Thomson Reuters consensus estimate of $0.64.

27 analysts have issued 12 month price objectives for Wendys' shares. Their forecasts range from $14.00 to $29.00. On average, they anticipate Wendys' share price to reach $21.18 in the next twelve months. This suggests a possible upside of 45.6% from the stock's current price. View analysts' price targets for Wendys.

News headlines about WEN stock have trended very negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wendys earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutWendys.

Wendys saw a decline in short interest in March. As of March 13th, there was short interest totaling 5,937,700 shares, a decline of 27.4% from the February 27th total of 8,180,000 shares. Based on an average trading volume of 4,519,600 shares, the days-to-cover ratio is presently 1.3 days. Approximately 2.9% of the shares of the stock are sold short. View Wendys' Current Options Chain.

Some companies that are related to Wendys include Mcdonald's (MCD), Starbucks (SBUX), Yum! Brands (YUM), Chipotle Mexican Grill (CMG), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin Brands Group (DNKN), Texas Roadhouse (TXRH), Papa John's Int'l (PZZA), Cracker Barrel Old Country Store (CBRL), Jack in the Box (JACK), Cheesecake Factory (CAKE), Bloomin' Brands (BLMN), Brinker International (EAT) and Denny's (DENN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Wendys investors own include Wolverine World Wide (WWW), Walgreens Boots Alliance (WBA), Carnival (CCL), Xerox (XRX), Frontier Communications (FTR), General Electric (GE), Cheesecake Factory (CAKE), Fifth Third Bancorp (FITB), Conduent (CNDT) and Andersons (ANDE).

Wendys trades on the NASDAQ under the ticker symbol "WEN."

Shares of WEN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of WEN stock can currently be purchased for approximately $14.55.

Wendys has a market capitalization of $3.25 billion and generates $1.71 billion in revenue each year. The restaurant operator earns $136.94 million in net income (profit) each year or $0.59 on an earnings per share basis. Wendys employs 13,300 workers across the globe. View additional information about Wendys.

The official website for Wendys is http://www.wendys.com/.

Wendys' mailing address is ONE DAVE THOMAS BLVD, DUBLIN OH, 43017. The restaurant operator can be reached via phone at 614-764-3100 or via email at [email protected]