What is the symbol for Wendy's company?
Jun 09, 2021 · Shares of The Wendy's Company ( WEN-0.23%) fell on Wednesday, following an analyst downgrade. As of 3 p.m. EDT today, the burger chain's stock …
Is Wendy's heavily shorted on Wall Street?
Apr 14, 2022 · Why is Wendy's Company stock dropping? Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Why did Chris o'cull cut his rating on Wendy's?
Sep 10, 2019 · At least a few people lost their appetite after Wendy's ( WEN) on Monday announced plans to serve breakfast nationwide next year — namely, investors. Wendy's stock sliced lower on Tuesday after the...
Why did Wendy's stock drop?
Wendy's Stock Tumbles as Same-Restaurant Sales Miss Estimates. Wendy's reported third-quarter earnings that topped analysts' estimates but the fast-food giant missed expectations for same-restaurant sales and trimmed its full-year outlook.Nov 10, 2021
Is Wendy's a good stock to own?
It surveyed 25 analysts as well and found a median Wendy's stock forecast of $27. Out of the analysts, 10 said the stock would overperform and nine recommended buying it. AI Pickup gave a slightly higher prediction. Its Wendy's stock forecast 2021 says it will reach $23.58 by the end of the year and continue to climb.Nov 11, 2021
Is Wendy's a shorted stock?
2.92% of Wendy's' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "restaurants" compare to Wendy's: McDonald's Co.
How much of Wendy's stock is shorted?
Sign Up for a Forever Free Fintel AccountShort Interestshares - source: NASDAQShort Interest Ratio3.19 Days to CoverShort Interest % Float3.38% - source: NASDAQ (short interest), Capital IQ (float)Off-Exchange Short Volume315,732 shares - source: FINRA (inc. Dark Pool volume)1 more row
How high will Wendy's stock go?
Stock Price Forecast The 25 analysts offering 12-month price forecasts for Wendys Co have a median target of 26.50, with a high estimate of 30.00 and a low estimate of 23.00. The median estimate represents a +25.95% increase from the last price of 21.04.
Is there chick fil a stock?
Chick-fil-A stock is not currently available publicly. However, even though you can't trade Chick-fil-A stock, you can invest directly in the business by creating a Chick-fil-A franchise.
Analysis and Opinions about WEN-Q
The street doesn't give this respect, as shares have been stuck in the low-$20s for 14 months. Today they reported a top and bottom line beat, including 16% same-store sales growth, and raised its full-year forecast a lot and hiked its dividend by 20%. And yet, shares rallied only 4%, still below pre-Covid. It's still cheap.
Wendy's Company (WEN-Q) Rating
Stockchase rating for Wendy's Company is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
Wendy's Stock, Restaurant Stocks Fall
Wendy's stock plummeted 10% to close at 19.71 in the stock market today. The gap lower erases the breakout the stock made after Wendy's reported strong earnings in August. After Wendy's reported earnings last month, the stock jumped, eventually touching a new high of 22.84 on Friday.
McDonald's Buys Another Another AI Firm
McDonald's customer traffic during breakfast has slipped in recent quarters. The company in the second quarter tried to reverse the trend in part via offerings like McCafe coffee promotions and donut sticks.
On a brutal day for the broader stock market, the fast-food giant's light earnings guidance overshadowed an otherwise decent report
As a technology and consumer goods specialist for the Fool, Steve looks for responsible businesses that positively shape our lives. Then he invests accordingly. Enjoy his work? Connect with him on Twitter & Facebook so you don't miss a thing.
What happened
Shares of Wendy's ( NASDAQ:WEN) dropped 8.3% on Thursday after the fast-food chain announced solid fourth-quarter 2019 results, but followed with disappointing forward guidance.
So what
To be sure, Wendy's quarterly revenue grew 7.4% year over year to $427.2 million, translating to adjusted (non- GAAP) net income of $0.08 per share (down from $0.16 per share a year earlier). Analysts, on average, were expecting roughly the same adjusted earnings on slightly lower revenue of $425 million.
Now what
For the full year of 2020, however, Wendy's told investors to expect global systemwide sales of $12 billion to $12.5 billion -- up from roughly $10.94 billion in 2019 -- and adjusted earnings per share of $0.60 to $0.62. Most analysts were modeling higher 2020 adjusted earnings of $0.65 per share.
