The Wendy’s Company (NASDAQ:WEN) Receives $8.56 Average Target Price from Analysts

The Wendy’s Company (NASDAQ:WENGet Free Report) has received a consensus rating of “Reduce” from 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 given a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $8.5568.

A number of equities analysts have commented on WEN shares. Stifel Nicolaus set a $6.00 price objective on shares of Wendy’s in a report on Thursday, April 30th. TD Cowen reaffirmed a “hold” rating and set a $6.00 target price on shares of Wendy’s in a research report on Tuesday, May 12th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $6.00 price target (down from $7.00) on shares of Wendy’s in a research note on Monday, May 11th. KeyCorp reissued a “sector weight” rating on shares of Wendy’s in a report on Wednesday, June 10th. Finally, Stephens restated an “equal weight” rating and set a $8.00 price objective on shares of Wendy’s in a research note on Tuesday, June 23rd.

View Our Latest Research Report on Wendy’s

Hedge Funds Weigh In On Wendy’s

Large investors have recently modified their holdings of the stock. United Services Automobile Association bought a new stake in Wendy’s during the first quarter valued at $161,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Wendy’s by 1.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 639,085 shares of the restaurant operator’s stock worth $9,350,000 after buying an additional 11,072 shares during the last quarter. Prudential Financial Inc. grew its stake in Wendy’s by 35.0% during the 2nd quarter. Prudential Financial Inc. now owns 15,687 shares of the restaurant operator’s stock worth $179,000 after buying an additional 4,067 shares during the last quarter. Hsbc Holdings PLC increased its position in Wendy’s by 136.9% in the second quarter. Hsbc Holdings PLC now owns 27,776 shares of the restaurant operator’s stock worth $318,000 after buying an additional 16,053 shares during the period. Finally, M&T Bank Corp increased its position in Wendy’s by 8.4% in the second quarter. M&T Bank Corp now owns 16,987 shares of the restaurant operator’s stock worth $194,000 after buying an additional 1,310 shares during the period. Institutional investors own 85.96% of the company’s stock.

Wendy’s Stock Up 1.9%

Shares of NASDAQ WEN opened at $7.59 on Friday. The stock has a fifty day moving average price of $7.39 and a 200 day moving average price of $7.52. The company has a current ratio of 1.83, a quick ratio of 1.81 and a debt-to-equity ratio of 29.25. Wendy’s has a 12-month low of $6.07 and a 12-month high of $12.00. The company has a market cap of $1.45 billion, a P/E ratio of 9.73, a P/E/G ratio of 0.54 and a beta of 0.36.

Wendy’s (NASDAQ:WENGet Free Report) last issued its quarterly earnings data 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 company had revenue of $432.30 million for the quarter, compared to analysts’ expectations of $518.03 million. Wendy’s had a return on equity of 136.46% and a net margin of 6.77%.The firm’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.20 earnings per share. Wendy’s has set its FY 2026 guidance at 0.560-0.600 EPS. Research analysts anticipate that Wendy’s will post 0.58 EPS for the current fiscal year.

Wendy’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 7.4%. The ex-dividend date was Monday, June 1st. Wendy’s’s dividend payout ratio is 71.79%.

Wendy’s News Summary

Here are the key news stories impacting Wendy’s this week:

Wendy’s Company Profile

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for Wendy's (NASDAQ:WEN)

Receive News & Ratings for Wendy's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wendy's and related companies with MarketBeat.com's FREE daily email newsletter.