Shares of The Wendy’s Company (NASDAQ:WEN – Get Free Report) have been given a consensus recommendation of “Reduce” by the twenty-four research firms that are presently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $8.5568.
Several equities research analysts recently weighed in on the stock. Citigroup increased their price objective on shares of Wendy’s from $7.25 to $7.75 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Truist Financial lowered their price target on shares of Wendy’s from $11.00 to $10.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. UBS Group dropped their price target on shares of Wendy’s from $8.50 to $7.50 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Wendy’s in a research note on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft set a $8.00 price objective on shares of Wendy’s in a research note on Tuesday, February 17th.
Get Our Latest Analysis on Wendy’s
Wendy’s Trading Up 0.8%
Wendy’s (NASDAQ:WEN – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The restaurant operator reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. The business had revenue of $432.30 million during the quarter, compared to the consensus estimate of $518.03 million. Wendy’s had a return on equity of 136.46% and a net margin of 6.77%.The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period last year, the firm earned $0.20 earnings per share. Wendy’s has set its FY 2026 guidance at 0.560-0.600 EPS. As a group, research analysts expect that Wendy’s will post 0.58 EPS for the current fiscal year.
Wendy’s Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.14 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.56 dividend on an annualized basis and a yield of 8.2%. Wendy’s’s dividend payout ratio (DPR) is currently 71.79%.
Institutional Investors Weigh In On Wendy’s
Hedge funds have recently bought and sold shares of the business. M&T Bank Corp lifted its position in shares of Wendy’s by 8.4% during the 2nd quarter. M&T Bank Corp now owns 16,987 shares of the restaurant operator’s stock worth $194,000 after purchasing an additional 1,310 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in shares of Wendy’s by 1.5% in the 4th quarter. State of Alaska Department of Revenue now owns 91,885 shares of the restaurant operator’s stock worth $765,000 after buying an additional 1,321 shares in the last quarter. Brown Financial Advisors raised its stake in Wendy’s by 4.7% during the second quarter. Brown Financial Advisors now owns 29,908 shares of the restaurant operator’s stock worth $342,000 after acquiring an additional 1,339 shares in the last quarter. Bank of Nova Scotia boosted its position in Wendy’s by 3.4% in the third quarter. Bank of Nova Scotia now owns 40,993 shares of the restaurant operator’s stock valued at $375,000 after buying an additional 1,343 shares in the last quarter. Finally, Transcend Capital Advisors LLC raised its stake in shares of Wendy’s by 10.3% in the fourth quarter. Transcend Capital Advisors LLC now owns 14,449 shares of the restaurant operator’s stock valued at $120,000 after acquiring an additional 1,350 shares during the last quarter. 85.96% of the stock is owned by hedge funds and other institutional investors.
About Wendy’s
The Wendy’s Company (NASDAQ:WEN) operates as a global quick-service restaurant chain, best known for its square-shaped beef patties, fresh ingredient sourcing and signature Frosty dessert. The company’s menu features a variety of hamburgers, chicken sandwiches, salads, breakfast sandwiches, sides and beverages, designed to appeal to a broad customer base seeking both classic and contemporary fast-food options. Wendy’s has placed particular emphasis on product innovation, introducing limited-time offerings and revamped core menu items to maintain customer interest and respond to evolving dining trends.
Founded in 1969 by entrepreneur Dave Thomas in Columbus, Ohio, Wendy’s expanded rapidly through both company-owned and franchised outlets.
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