NASDAQ:WEN - Wendys Stock Price, Forecast & News

Wendys' stock was trading at $18.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WEN stock has decreased by 16.9% and is now trading at $14.97. View which stocks have been mosted impacted by Coronavirus.

26 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 14 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, May 13th 2020. View our earnings forecast for Wendys.

Wendys Co (NASDAQ:WEN) posted its quarterly earnings data on Wednesday, February, 26th. The restaurant operator reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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%. Wendys's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter 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 yield of 3.21%. 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 earnings per share guidance of $0.60 to $0.62 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.64.

26 equities research analysts have issued 12 month price targets for Wendys' stock. Their forecasts range from $15.00 to $29.00. On average, they anticipate Wendys' stock price to reach $21.94 in the next twelve months. This suggests a possible upside of 46.5% from the stock's current price. View analysts' price targets for Wendys.

News articles about WEN stock have trended very positive on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wendys earned a daily sentiment score of 3.2 on InfoTrie's scale. They also gave news headlines about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutWendys.

Wendys saw a decline in short interest during the month of 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 daily trading volume, of 4,519,600 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.9% of the company's 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), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Cheesecake Factory (CAKE), Jack in the Box (JACK), Bloomin' Brands (BLMN), Dine Brands Global (DIN) 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 $14.97.

Wendys has a market capitalization of $3.34 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]