Analysts Set The Wendy’s Company (NASDAQ:WEN) Price Target at $11.45

The Wendy’s Company (NASDAQ:WEN) has been given an average recommendation of “Hold” by the twenty-five analysts that are covering the company, MarketBeat.com reports. Five analysts have rated the stock with a sell rating, fourteen have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $11.4524.

Several equities research analysts have weighed in on WEN shares. JPMorgan Chase & Co. increased their price objective on Wendy’s from $13.00 to $14.00 and gave the stock an “overweight” rating in a report on Thursday, August 28th. The Goldman Sachs Group dropped their price objective on Wendy’s from $10.00 to $9.00 and set a “sell” rating for the company in a report on Monday, October 20th. Northcoast Research cut Wendy’s from a “neutral” rating to a “sell” rating and set a $7.00 price objective for the company. in a report on Thursday, September 25th. Weiss Ratings reissued a “sell (d+)” rating on shares of Wendy’s in a research report on Wednesday, October 8th. Finally, Morgan Stanley set a $9.00 target price on Wendy’s in a research report on Tuesday, October 21st.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. FSM Wealth Advisors LLC raised its position in shares of Wendy’s by 5.5% in the 1st quarter. FSM Wealth Advisors LLC now owns 16,207 shares of the restaurant operator’s stock worth $237,000 after acquiring an additional 842 shares in the last quarter. Signaturefd LLC raised its position in shares of Wendy’s by 27.4% in the 1st quarter. Signaturefd LLC now owns 4,262 shares of the restaurant operator’s stock worth $62,000 after acquiring an additional 917 shares in the last quarter. Trivium Point Advisory LLC increased its position in Wendy’s by 7.9% during the 1st quarter. Trivium Point Advisory LLC now owns 13,618 shares of the restaurant operator’s stock valued at $199,000 after buying an additional 1,002 shares in the last quarter. Hantz Financial Services Inc. increased its position in Wendy’s by 5.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 19,697 shares of the restaurant operator’s stock valued at $225,000 after buying an additional 1,036 shares in the last quarter. Finally, Covestor Ltd increased its position in Wendy’s by 25.8% during the 1st quarter. Covestor Ltd now owns 5,069 shares of the restaurant operator’s stock valued at $74,000 after buying an additional 1,038 shares in the last quarter. Institutional investors own 85.96% of the company’s stock.

Wendy’s Trading Down 1.4%

NASDAQ WEN opened at $8.51 on Tuesday. Wendy’s has a fifty-two week low of $8.39 and a fifty-two week high of $20.60. The company has a debt-to-equity ratio of 28.74, a quick ratio of 1.43 and a current ratio of 1.45. The stock has a 50 day simple moving average of $9.47 and a two-hundred day simple moving average of $10.75. The stock has a market cap of $1.62 billion, a P/E ratio of 8.86, a price-to-earnings-growth ratio of 1.63 and a beta of 0.38.

Wendy’s (NASDAQ:WEN) last released its quarterly earnings data on Friday, August 8th. The restaurant operator reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.04. Wendy’s had a return on equity of 103.07% and a net margin of 8.63%.The business had revenue of $560.93 million during the quarter, compared to analysts’ expectations of $558.95 million. During the same quarter last year, the business posted $0.27 EPS. The business’s revenue was down 1.7% on a year-over-year basis. Wendy’s has set its FY 2025 guidance at 0.820-0.89 EPS. On average, analysts forecast that Wendy’s will post 0.99 earnings per share for the current year.

Wendy’s Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a $0.14 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $0.56 annualized dividend and a dividend yield of 6.6%. Wendy’s’s dividend payout ratio is currently 58.33%.

About Wendy’s

The Wendy’s Co engages in operating, developing, and franchising a system of quick-service restaurants. It operates through the following segments: Wendy’s U.S., Wendy’s International, and Global Real Estate and Development. The Wendy’s U.S. segment includes the operation and franchising of Wendy’s restaurants in the U.S.