About Wendy's Company (The) (NASDAQ:WEN)
The Wendy's Company is the parent company of subsidiary holding company Wendy's Restaurants, LLC (Wendy's Restaurants). Wendy's Restaurants is the parent company of Wendy's International, LLC (Wendy's), which is the owner and franchisor of the Wendy's restaurant system in the United States. Wendy's is a restaurant company specializing in the hamburger sandwich segment. Wendy's is engaged in the business of operating, developing and franchising a system of restaurants serving food. The Company operated approximately 6,080 Wendy's restaurants in operation in North America, as of January 1, 2017. Of these restaurants, 330 were operated by the Company and 5,768 by a total of 376 franchisees, as of January 1, 2017. In addition, as of January 1, 2017, there were 439 franchised Wendy's restaurants in operation in 29 countries and territories other than North America. Wendy's is also a partner in a restaurant real estate joint venture with a subsidiary of Restaurant Brands International Inc.
Industry, Sector and Symbol
Industry Quick Service Restaurants
Trailing P/E Ratio34.02
Forward P/E Ratio31.70
Sales & Book Value
Annual Sales$1.44 billion
Price / Sales2.35
Cash Flow$0.90 per share
Price / Cash15.56
Book Value$1.91 per share
Price / Book7.30
Net Income$129.62 million
Return on Equity20.35%
Return on Assets2.53%
Frequently Asked Questions for Wendy's Company (The) (NASDAQ:WEN)
What is Wendy's Company (The)'s stock symbol?
Wendy's Company (The) trades on the NASDAQ under the ticker symbol "WEN."
How often does Wendy's Company (The) pay dividends? What is the dividend yield for Wendy's Company (The)?
Wendy's Company (The) declared a quarterly dividend on Thursday, November 2nd. Investors of record on Friday, December 1st will be paid a dividend of $0.07 per share on Friday, December 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Thursday, November 30th. View Wendy's Company (The)'s Dividend History.
How will Wendy's Company (The)'s stock buyback program work?
Wendy's Company (The) declared that its Board of Directors has initiated a share buyback plan on Sunday, April 9th 2017, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 4.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.
How were Wendy's Company (The)'s earnings last quarter?
Wendy's Company (The) (NASDAQ:WEN) posted its earnings results on Wednesday, November, 8th. The restaurant operator reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by $0.03. The restaurant operator had revenue of $308 million for the quarter. Wendy's Company (The) had a return on equity of 20.35% and a net margin of 5.20%. The firm's quarterly revenue was down 15.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.11 EPS. View Wendy's Company (The)'s Earnings History.
When will Wendy's Company (The) make its next earnings announcement?
What guidance has Wendy's Company (The) issued on next quarter's earnings?
Wendy's Company (The) updated its FY17 earnings guidance on Wednesday, November, 8th. The company provided EPS guidance of $0.43-0.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.46.
Where is Wendy's Company (The)'s stock going? Where will Wendy's Company (The)'s stock price be in 2017?
19 brokerages have issued 1-year price objectives for Wendy's Company (The)'s stock. Their forecasts range from $12.50 to $18.00. On average, they anticipate Wendy's Company (The)'s stock price to reach $15.97 in the next twelve months. View Analyst Ratings for Wendy's Company (The).
Are investors shorting Wendy's Company (The)?
Wendy's Company (The) saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 17,850,744 shares, an increase of 10.8% from the October 13th total of 16,105,813 shares. Based on an average trading volume of 2,189,243 shares, the days-to-cover ratio is currently 8.2 days. Approximately 7.9% of the shares of the company are short sold.
Who are some of Wendy's Company (The)'s key competitors?
Some companies that are related to Wendy's Company (The) include Jack In The Box (JACK), Arcos Dorados Holdings (ARCO), Popeyes Louisiana Kitchen (PLKI), Domino's Pizza Group plc (DOM), Wingstop (WING), Sonic Corp. (SONC), CEC Entertainment (CEC), Red Robin Gourmet Burgers (RRGB), Del Taco Restaurants (TACO), Carrols Restaurant Group (TAST), Fogo de Chao (FOGO), Noodles & Company (NDLS), Country Syl Ckng Restaurant Chain Co Ltd (CCSC), Jamba (JMBA) and Papa Murphy's Holdings (FRSH).
Who are Wendy's Company (The)'s key executives?
Wendy's Company (The)'s management team includes the folowing people:
- Todd A. Penegor, President, Chief Executive Officer, Director (Age 51)
- Gunther Plosch, Chief Financial Officer (Age 49)
- Robert D. Wright, Executive Vice President, Chief Operations Officer and International (Age 49)
- Leigh Burnside, Chief Accounting Officer (Age 47)
- David G. Trimm, Chief Information Officer (Age 50)
- Kurt A. Kane, Chief Concept and Marketing Officer (Age 45)
- Liliana Esposito, Chief Communications Officer (Age 42)
- Scott A. Weisberg, Chief People Officer (Age 53)
- E. J. Wunsch, Chief Legal Officer and Secretary (Age 45)
- Nelson Peltz, Non-Executive Chairman of the Board (Age 75)
Who owns Wendy's Company (The) stock?
Wendy's Company (The)'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include Wells Fargo & Company MN (3.27%), Dimensional Fund Advisors LP (2.90%), Janus Henderson Group PLC (2.52%), Victory Capital Management Inc. (2.31%), Bank of New York Mellon Corp (1.10%) and Fort Pitt Capital Group LLC (0.80%). Company insiders that own Wendy's Company (The) stock include Edward P Garden, EJ Wunsch, Scott A Weisberg, Todd Allan Penegor and Trian Partners Parallel Fund I. View Institutional Ownership Trends for Wendy's Company (The).
Who sold Wendy's Company (The) stock? Who is selling Wendy's Company (The) stock?
Wendy's Company (The)'s stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Prudential Financial Inc., Caxton Associates LP, Victory Capital Management Inc., Dimensional Fund Advisors LP, OxFORD Asset Management LLP, JPMorgan Chase & Co. and Raymond James Financial Services Advisors Inc.. Company insiders that have sold Wendy's Company (The) company stock in the last year include EJ Wunsch and Trian Partners Parallel Fund I. View Insider Buying and Selling for Wendy's Company (The).
Who bought Wendy's Company (The) stock? Who is buying Wendy's Company (The) stock?
Wendy's Company (The)'s stock was purchased by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Allianz Asset Management GmbH, Wells Fargo & Company MN, First Trust Advisors LP, Cubist Systematic Strategies LLC, Dynamic Technology Lab Private Ltd, Jane Street Group LLC and Quantbot Technologies LP. Company insiders that have bought Wendy's Company (The) stock in the last two years include Edward P Garden, Scott A Weisberg and Todd Allan Penegor. View Insider Buying and Selling for Wendy's Company (The).
How do I buy Wendy's Company (The) stock?
Shares of Wendy's Company (The) 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, Scottrade, Fidelity and Charles Schwab.
What is Wendy's Company (The)'s stock price today?
One share of Wendy's Company (The) stock can currently be purchased for approximately $13.95.
How big of a company is Wendy's Company (The)?
Wendy's Company (The) has a market capitalization of $3.38 billion and generates $1.44 billion in revenue each year. The restaurant operator earns $129.62 million in net income (profit) each year or $0.25 on an earnings per share basis. Wendy's Company (The) employs 12,100 workers across the globe.
How can I contact Wendy's Company (The)?
Wendy's Company (The)'s 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@example.com.
MarketBeat Community Rating for Wendy's Company (The) (WEN)MarketBeat's community ratings are surveys of what our community members think about Wendy's Company (The) and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Wendy's Company (The) (NASDAQ:WEN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 10 Hold Ratings, 8 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.37)|
|Consensus Price Target: ||$15.97 (14.50% upside)|
Consensus Price Target History for Wendy's Company (The) (NASDAQ:WEN)
Analysts' Ratings History for Wendy's Company (The) (NASDAQ:WEN)
(Data available from 11/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/9/2017||BMO Capital Markets||Lower Price Target||Outperform||$19.00 -> $17.00||N/A|
|11/9/2017||Credit Suisse Group||Lower Price Target||Neutral||$15.75 -> $15.00||N/A|
|11/9/2017||Nomura||Lower Price Target||Neutral||$15.00 -> $14.50||N/A|
|11/9/2017||Morgan Stanley||Boost Price Target||Underweight||$16.00 -> $17.00||N/A|
|11/7/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$16.00||N/A|
|10/2/2017||Stifel Nicolaus||Initiated Coverage||Buy -> Buy||$18.00||Low|
|10/2/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||$18.00||Low|
|9/15/2017||Longbow Research||Upgrade||Neutral -> Buy||$15.23 -> $18.00||High|
|8/14/2017||Bank of America Corporation||Reiterated Rating||Neutral||$17.00||Low|
|7/25/2017||Sanford C. Bernstein||Reiterated Rating||Market Perform||$16.00||Low|
|5/31/2017||Barclays PLC||Boost Price Target||Overweight||$17.00 -> $18.00||Low|
|5/11/2017||Instinet||Reiterated Rating||Neutral||$11.00 -> $15.00||Medium|
|5/11/2017||Stephens||Boost Price Target||Overweight||$16.00 -> $18.00||Low|
|2/24/2017||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$15.00||N/A|
|2/7/2017||Wells Fargo & Company||Reiterated Rating||Market Perform||$13.00 -> $13.50||N/A|
|12/1/2016||Guggenheim||Downgrade||Buy -> Neutral||N/A|
|11/28/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||$12.50||N/A|
|11/25/2016||Argus||Upgrade||Hold -> Buy||$15.00||N/A|
|10/5/2016||Citigroup Inc.||Reiterated Rating||Buy||$13.00||N/A|
|4/4/2016||Evercore ISI||Initiated Coverage||Buy||N/A|
|12/3/2015||Susquehanna Bancshares Inc||Reiterated Rating||Neutral||$9.00 -> $12.00||N/A|
Earnings History and Estimates Chart for Wendy's Company (The) (NASDAQ:WEN)
Earnings History by Quarter for Wendy's Company (The) (NASDAQ WEN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/15/2018|| || || || || || || || |
|11/8/2017||Q3 2017||$0.12||$0.09||$308.00 million||View||N/A|
|8/9/2017||Q2 2017||$0.13||$0.15||$320.34 million||View||Listen|
|5/10/2017||Q1 2017||$0.08||$0.09||$285.82 million||View||N/A|
|2/16/2017||Q416||$0.09||$0.08||$312.83 million||$309.90 million||View||N/A|
|11/9/2016||Q316||$0.10||$0.11||$350.35 million||$364.00 million||View||Listen|
|8/10/2016||Q216||$0.09||$0.10||$366.92 million||$382.70 million||View||Listen|
|5/11/2016||Q116||$0.06||$0.11||$352.21 million||$378.80 million||View||Listen|
|2/9/2016||Q415||$0.11||$0.12||$456.14 million||$464.40 million||View||N/A|
|11/4/2015||Q315||$0.08||$0.09||$436.95 million||$464.60 million||View||Listen|
|8/5/2015||Q215||$0.09||$0.08||$488.69 million||$489.50 million||View||Listen|
|5/6/2015||Q1||$0.05||$0.06||$475.63 million||$466.20 million||View||Listen|
|2/3/2015||Q414||$0.10||$0.10||$509.50 million||$502.00 million||View||N/A|
|11/6/2014||Q314||$0.09||$0.08||$516.27 million||$512.50 million||View||Listen|
|8/7/2014||Q214||$0.10||$0.09||$515.86 million||$523.40 million||View||Listen|
|5/8/2014||Q1||$0.05||$0.07||$498.20 million||$523.20 million||View||Listen|
|2/27/2014||Q413||$0.06||$0.11||$611.32 million||$592.40 million||View||N/A|
|11/7/2013||Q313||$0.06||$0.08||$645.44 million||$640.80 million||View||Listen|
|7/23/2013||Q2 2013||$0.06||$0.08||$655.90 million||$650.50 million||View||Listen|
|5/8/2013||Q1 2013||$0.03||$0.03||$613.65 million||$603.70 million||View||Listen|
|1/16/2013||Prelim 2013||$0.04||$0.08||$637.94 million||$629.90 million||View||N/A|
|11/8/2012||Q312||$0.05||$0.03||$639.76 million||$636.30 million||View||N/A|
Earnings Estimates for Wendy's Company (The) (NASDAQ:WEN)
Current Year EPS Consensus Estimate: $0.44 EPS
Next Year EPS Consensus Estimate: $0.55 EPS
Current Dividend Information for Wendy's Company (The) (NASDAQ:WEN)
|Payout Ratio:||112.00% (Trailing 12 Months of Earnings) |
63.64% (Based on This Year's Estimates)
50.91% (Based on Next Year's Estimates)
Dividend History by Quarter for Wendy's Company (The) (NASDAQ WEN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Wendy's Company (The) (NASDAQ WEN)
Insider Ownership Percentage: 26.50%
Institutional Ownership Percentage: 77.07%
Insider Trades by Quarter for Wendy's Company (The) (NASDAQ WEN)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/13/2017||Scott A Weisberg||Insider||Buy||10,000||$14.29||$142,900.00|| |
|10/4/2017||E.J. Wunsch||Insider||Sell||3,548||$15.43||$54,745.64|| |
|6/5/2017||Trian Partners Parallel Fund I||Major Shareholder||Sell||5,500,000||$15.97||$87,835,000.00|| |
|12/6/2016||Edward P Garden||Major Shareholder||Buy||3,743,384||$12.79||$47,877,881.36|| |
|5/13/2016||Todd Allan Penegor||CFO||Buy||10,000||$10.48||$104,800.00|| |
|2/12/2016||Scott A. Weisberg||insider||Buy||10,000||$9.36||$93,600.00|| |
|6/25/2015||Peter W May||Director||Sell||4,069,412||$11.29||$45,943,661.48|| |
|6/25/2015||Trian Fund Management, L.P.||Major Shareholder||Sell||3,591,889||$11.29||$40,552,426.81|| |
|6/18/2015||Edward P Garden||Director||Sell||7,226,470||$11.37||$82,164,963.90|| |
|6/18/2015||Trian Fund Management, L.P.||Major Shareholder||Sell||7,183,775||$11.37||$81,679,521.75|| |
|5/15/2014||R. Scott Toop||SVP||Buy||10,408||$8.17||$85,033.36|| |
|4/15/2014||R. Scott Toop||SVP||Buy||10,080||$8.37||$84,369.60|| |
|2/19/2014||John Peters||SVP||Sell||176,357||$9.48||$1,671,864.36|| |
|1/22/2014||John Peters||SVP||Sell||34,629||$9.20||$318,586.80|| |
|1/15/2014||Nelson Peltz||Director||Sell||16,200,000||$8.90||$144,180,000.00|| |
|12/16/2013||R. Scott Toop||SVP||Buy||10,000||$8.49||$84,900.00|| |
|11/13/2013||Roland Smith||Director||Sell||3,477,513||$8.56||$29,767,511.28|| |
|11/11/2013||R. Scott Toop||SVP||Buy||16,000||$8.41||$134,560.00|| |
|8/26/2013||Stephen Hare||CFO||Sell||48,000||$7.93||$380,640.00|| |
|8/6/2013||R. Scott Toop||SVP||Buy||13,500||$7.38||$99,630.00|| |
|7/25/2013||Steven B Graham||CAO||Sell||3,900||$7.05||$27,495.00|| |
|9/5/2012||Scott A Weisberg||Insider||Buy||20,000||$4.33||$86,600.00|| |
|8/14/2012||Jack Gumpert Wasserman||Director||Buy||1,000||$4.41||$4,410.00|| |
Latest Headlines for Wendy's Company (The) (NASDAQ WEN)
Wendy's Company (The) (NASDAQ WEN) Chart for Friday, November, 24, 2017