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 (WHO). Since then, WEN shares have increased by 15.8% and is now trading at $20.86. View which stocks have been most impacted by Coronavirus.

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wendys in the last year. There are currently 1 sell rating, 11 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Wendys.

Wendys is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Wendys.

Wendys Co (NASDAQ:WEN) posted its earnings results on Wednesday, May, 6th. The restaurant operator reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.01. The restaurant operator had revenue of $404.96 million for the quarter, compared to the consensus estimate of $413.02 million. Wendys had a net margin of 7.01% and a return on equity of 22.37%. The company's revenue for the quarter was down .9% on a year-over-year basis. During the same period in the previous year, the business earned $0.14 EPS. View Wendys' earnings history.

Wendys declared a quarterly dividend on Wednesday, May 6th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.05 per share on Monday, June 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Friday, May 29th. View Wendys' dividend history.

Wendys updated 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.

28 analysts have issued 1 year target prices for Wendys' shares. Their forecasts range from $14.00 to $29.00. On average, they expect Wendys' share price to reach $21.48 in the next year. This suggests a possible upside of 3.0% from the stock's current price. View analysts' price targets for Wendys.

Media coverage about WEN stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Wendys earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave press coverage about the restaurant operator a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutWendys.

Wendys saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 8,280,000 shares, an increase of 26.6% from the April 15th total of 6,540,000 shares. Based on an average trading volume of 5,123,500 shares, the short-interest ratio is presently 1.6 days. Approximately 4.0% of the company's stock are short sold. View Wendys' Current Options Chain.

Some companies that are related to Wendys include Mcdonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), 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), Brinker International (EAT), Bloomin' Brands (BLMN), Cheesecake Factory (CAKE) and Dine Brands Global (DIN). View all competitors.

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

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

Wendys' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.29%), Invesco Ltd. (3.01%), Melvin Capital Management LP (2.47%), State Street Corp (2.09%), Janus Henderson Group PLC (1.87%) and JPMorgan Chase & Co. (1.65%). Company insiders that own Wendys stock include Abigail E Pringle, EJ Wunsch, Gunther Plosch, Leigh A Burnside, Matthew H Peltz, Robert D Wright, Todd Allan Penegor and Trian Fund Management, LP. View institutional ownership trends for Wendys.

WEN stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Two Sigma Advisers LP, Wells Fargo & Company MN, Janus Henderson Group PLC, Invesco Ltd., BlackRock Inc., Deutsche Bank AG, and Wellington Management Group LLP. Company insiders that have sold Wendys company stock in the last year include EJ Wunsch, Gunther Plosch, Leigh A Burnside, Matthew H Peltz, Todd Allan Penegor, and Trian Fund Management, LP. View insider buying and selling activity for Wendys.

WEN stock was purchased by a variety of institutional investors in the last quarter, including Melvin Capital Management LP, JPMorgan Chase & Co., Maverick Capital Ltd., MIK Capital LP, Clearfield Capital Management LP, Nuveen Asset Management LLC, Massachusetts Financial Services Co. MA, and KBC Group NV. View insider buying and selling activity for Wendys.

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 $20.86.

Wendys has a market capitalization of $4.65 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.

The official website for Wendys is 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]