Wendy’s stock has risen 40.6% on a YTD (year-to-date) basis due to the sustained momentum in same-store sales growth and better-than-expected earnings in the last four quarters. In comparison, Starbucks, Dunkin’ Brands (DNKN), and McDonald’s (MCD) stocks also marked healthy gains on a YTD basis.
What are Wendy's'stock price targets for the next year?
18 brokerages have issued 1-year price targets for Wendy's' stock. Their forecasts range from $23.00 to $31.00. On average, they anticipate Wendy's' stock price to reach $27.22 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
Does Wendy's have an insider ownership?
In the past three months, Wendy's insiders have not sold or bought any company stock. 21.20% of the stock of Wendy's is held by insiders. A high percentage of insider ownership can be a sign of company health. 67.33% of the stock of Wendy's is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
When is Wendy's'next quarterly earnings announcement?
Wendy's is scheduled to release its next quarterly earnings announcement on Wednesday, March 2nd 2022. View our earnings forecast for Wendy's. How were Wendy's' earnings last quarter? The Wendy's Company (NASDAQ:WEN) issued its quarterly earnings data on Wednesday, November, 10th.
Does Wendy's Stock pay a dividend?
Wendy's pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.01%. Wendy's has been increasing its dividend for 2 consecutive year (s), indicating that it does not yet have a strong track record of dividend growth.
Why did Wendy's stock rise?
Wendy's Co. WEN, +9.77% shares rose 1.4% in Wednesday premarket trading after the fast-food chain reported profit that beat expectations and increased its share repurchase program. Net income totaled $41.2 million, or 18 cents per share, up from 39.8 million, or 17 cents per share, last year.
Is Wendy's stock a buy?
Wendy's has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 10 buy ratings, 5 hold ratings, and 1 sell rating.
Will Wendy's stock rise?
Stock Price Forecast The 24 analysts offering 12-month price forecasts for Wendys Co have a median target of 22.00, with a high estimate of 27.00 and a low estimate of 17.00. The median estimate represents a +13.52% increase from the last price of 19.38.
Is Wendy's making money?
This reflects an increase from the previous year's total of 117.8 million U.S. dollars. The company's net income peaked in 2018 at 460.1 million U.S. dollars....Net income of The Wendy's Company worldwide from 2009 to 2021 (in million U.S. dollars)CharacteristicNet income in million U.S. dollars2020117.82019136.911 more rows•Apr 7, 2022
Does Wendy's stock pay a dividend?
Yes, WEN has paid a dividend within the past 3 months. What is Wendy's Co's Dividend Payment Date? Wendy's Co's last dividend payment date was on 2022-06-15, when Wendy's Co shareholders who owned WEN shares before 2022-05-31 received a dividend payment of $0.1250 per share.
When Wendy had its first public stock offering what was the price per share?
Wendy's had its initial public stock offering on the NASDAQ exchange, issuing one million shares of common stock at $28 per share.
How much is Dunkin Donuts stock?
106.48Key Turning Points52-Week High106.50Last Price106.48Fibonacci 61.8%80.53Fibonacci 50%72.50Fibonacci 38.2%64.481 more row•Dec 14, 2020
How much is Tim Hortons stock?
Stock market history RESTAURANT BRANDS INTERNATIONAL INC (Tim Hortons)XPriceMay 17, 202251.99May 16, 202251.77May 13, 202251.65May 12, 202249.85218 more rows
Is Subway on the stock market?
Nobody can buy Subway stock because the company that franchises Subway is privately-held. Subway IP Inc. is privately-held and not traded on any stock exchange. Individuals can purchase Subway stores because each Subway franchise is individually owned and operated.
How much does a Wendy's franchise owner make a year?
Wendy's franchise owner's salary & compensation is about $300,000 per year. The national brand recognition Wendy's has to offer and franchisees being able to recoup their initial investment within a couple of years make it a great opportunity.
Is Wendy's a growing company?
The brand's net new growth last year came in at about 2 percent. Even with supply chain impacts causing delays, Penegor said, Wendy's has now opened all of the restaurants hit by setbacks in 2021. Yet a “meaningful step change” is on deck for 2022—Wendy's expects full-year net new growth of 5–6 percent in 2022.
Who's buying Wendy's?
Flynn Restaurant Group completes its purchase of Pizza Hut and Wendy's restaurants. Flynn Restaurant Group, already the country's largest franchisee, has completed a deal that will make the company considerably larger, acquiring 937 Pizza Hut locations and 194 Wendy's units from the bankrupt NPC International.
Should I buy or sell Wendy's stock right now?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wendy's in the last year. There are currently 1 sell rating, 5 hold ratin...
What is Wendy's' stock price forecast for 2022?
18 Wall Street research analysts have issued 1-year price targets for Wendy's' shares. Their forecasts range from $18.50 to $31.00. On average, the...
How has Wendy's' stock price performed in 2022?
Wendy's' stock was trading at $23.85 on January 1st, 2022. Since then, WEN stock has decreased by 23.9% and is now trading at $18.16. View the bes...
Are investors shorting Wendy's?
Wendy's saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 8,950,000 shares, an increase o...
When is Wendy's' next earnings date?
Wendy's is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022. View our earnings forecast for Wendy's .
How were Wendy's' earnings last quarter?
The Wendy's Company (NASDAQ:WEN) announced its quarterly earnings data on Wednesday, May, 11th. The restaurant operator reported $0.17 earnings per...
How often does Wendy's pay dividends? What is the dividend yield for Wendy's?
Wendy's announced a quarterly dividend on Thursday, May 12th. Stockholders of record on Wednesday, June 1st will be given a dividend of $0.125 per...
Is Wendy's a good dividend stock?
Wendy's(NASDAQ:WEN) pays an annual dividend of $0.50 per share and currently has a dividend yield of 2.75%. Wendy's has been increasing its dividen...
What guidance has Wendy's issued on next quarter's earnings?
Wendy's issued an update on its FY 2022 earnings guidance on Wednesday, June, 8th. The company provided EPS guidance of $0.82-$0.86 for the period,...
When did Wendy's stock drop?
Following the former Trump Administration’s declaration of COVID-19 as a national emergency in the U.S. on March 13, 2020, just five days later, on March 18th, Wendy’s saw its stock plummet to a closing price of only $7.47, as the nation was forced to shelter in place.
How much is Wendy's stock worth in 2020?
Comparatively, the stock closed its first day of trading in 2020 at $22.34 on January 2nd. Since then Wendy’s stock has consistently been trading in the $22 to $23 range, until last week when enthusiastic retail traders sent it as high as $29.46 on June 8th.
What is the Wendy's meme?
The Wendy’s Company (Nasdaq: WEN) is no stranger to memes. In 1984 the fast-food chain launched an ad campaign highlighting the small patty size of its competitors by asking “Where’s the beef?” —a campaign that was so successful it has not only stood the test of time, it remains a popular meme to this day.
When did Wendy's open in Reading?
On June 2nd, Wendy’s opened its first U.K. location in Reading, 20 years after leaving England, which is the start of a re-launch of its restaurants abroad. “Wendy’s is a brand that, for about a decade, has been ranked high in terms of perceived value and quality – a brand that, unlike many others, has not been associated with food safety failures ...
Is Wendy's back in the UK?
Wendy’s has returned to the UK after 20 years. Penegor’s optimism is based on the company’s efforts to build up its recently introduced breakfast menu, widespread adoption of its digital ordering aided by COVID, and ongoing expansion in both the U.S. and abroad.
What is Wendy's stock worth in 2020?
The Wendy's' stock was trading at $18.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WEN shares have increased by 26.6% and is now trading at $22.82. View which stocks have been most impacted by COVID-19.
What is Wendy's earnings for 2021?
The company provided earnings per share guidance of $0.790-$0.810 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.740.
Shares of the fast-food chain got a boost from the broader market
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What happened
Shares of Wendy's ( NASDAQ:WEN) were gaining today as the fast-food chain seemed to benefit from an analyst note and rose along with the broader market.
So what
Hope that the U.S. is making progress toward controlling the COVID-19 pandemic and signs that the spread is slowing in Europe seemed to lift markets today. A foreseeable end to the pandemic would be a great sign for restaurant stocks.
Now what
Wendy's stock had fallen nearly 70% at one point during the coronavirus sell-off, but the stock has bounced back over the last couple of weeks as investors seemed to believe it was oversold.
Sales are up, but the fast-food chain missed analyst estimates and faces a looming meat shortage
Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.
What happened
Wendy's ( NASDAQ:WEN) stock was running 6% higher in morning trading Wednesday after the company reported first-quarter earnings.
So what
The coronavirus pandemic upended all business, but restaurants were among the first establishments ordered closed when the COVID-19 outbreak hit in earnest. Fortunately, restaurants with takeout and delivery capabilities could continue serving customers. Wendy's reported 96% of its global footprint and 99% of the 5,865 restaurants in the U.S.
Now what
Wendy's does face a new challenge with a meat shortage looming, which is leading the restaurant to begin removing burgers from its menu.
What is an X industry?
The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. The Zacks database contains over 10,000 stocks.
Is Wendy's a franchise?
The fast-food chain through its subsidiary operates as a franchisor of the Wendy's restaurant system. . As of Apr 4, 2021, The Wendy's system had 6,800 restaurants comprising both franchisees and company-operated restaurants in the United States and 30 other countries.#N#In 2019, the company realigned its management and operating structure to increase efficiencies and accelerate long-term growth. This eventually led to the combination of its Canadian business with its International segment and separating ...
Who cut Wendy's stock rating?
Stifel (NYSE:SF) analyst Chris O'Cull cut his rating on Wendy's from buy to hold today, a day after the stock surged 26% after it gained the attention of investors in the popular WallStreetBets Reddit Group.
Is Wendy's stock shorted?
Wendy's isn't your typical meme stock. Unlike WallStreetBets' favorites AMC Entertainment Holdings and GameStop, Wendy's is not heavily shorted, with less than 5% of its float currently held short.
Does Joe Tenebruso have a position in any of the stocks mentioned?
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
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.
