Wendy’s Co (NASDAQ: WEN)’s stock price has increased by 0.70 compared to its previous closing price of 18.44. However, the company has seen a -0.11% decrease in its stock price over the last five trading sessions. Market Watch reported 2024-04-04 that The practice of “surge” or “dynamic” pricing is common in markets ranging from airlines to supermarkets — and U.S. regulators are concerned that the growing role of tech giants will further power this trend at the expense of the American consumer.
Is It Worth Investing in Wendy’s Co (NASDAQ: WEN) Right Now?
Wendy’s Co (NASDAQ: WEN) has a higher price-to-earnings ratio of 19.20x compared to its average ratio, The 36-month beta value for WEN is at 0.81. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 5 rating it as “overweight,” 10 as “hold,” and 1 as “sell.”
The public float for WEN is 187.31M, and currently, shorts hold a 4.43% of that float. The average trading volume for WEN on April 09, 2024 was 2.96M shares.
WEN’s Market Performance
WEN stock saw an increase of -0.11% in the past week, with a monthly gain of 1.14% and a quarterly increase of -2.21%. The volatility ratio for the week is 1.80%, and the volatility levels for the last 30 days are 1.95% for Wendy’s Co (WEN). The simple moving average for the last 20 days is 0.55% for WEN stock, with a simple moving average of -5.74% for the last 200 days.
Analysts’ Opinion of WEN
Many brokerage firms have already submitted their reports for WEN stocks, with Bernstein repeating the rating for WEN by listing it as a “Mkt Perform.” The predicted price for WEN in the upcoming period, according to Bernstein is $20 based on the research report published on February 22, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see WEN reach a price target of $19, previously predicting the price at $22. The rating they have provided for WEN stocks is “Neutral” according to the report published on February 21st, 2024.
Gordon Haskett gave a rating of “Hold” to WEN, setting the target price at $21 in the report published on January 16th of the current year.
WEN Trading at -0.26% from the 50-Day Moving Average
After a stumble in the market that brought WEN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.30% of loss for the given period.
Volatility was left at 1.95%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares surge +0.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.77% lower at present.
During the last 5 trading sessions, WEN fell by -0.11%, which changed the moving average for the period of 200-days by -16.95% in comparison to the 20-day moving average, which settled at $18.48. In addition, Wendy’s Co saw -4.67% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WEN starting from GILBERT KENNETH W, who sale 4,500 shares at the price of $18.07 back on Mar 01 ’24. After this action, GILBERT KENNETH W now owns 31,304 shares of Wendy’s Co, valued at $81,315 using the latest closing price.
LEVATO JOSEPH A, the Director of Wendy’s Co, sale 20,000 shares at $19.18 during a trade that took place back on Dec 01 ’23, which means that LEVATO JOSEPH A is holding 30,407 shares at $383,626 based on the most recent closing price.
Stock Fundamentals for WEN
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.32 for the gross margin
The net margin for Wendy’s Co stands at 0.09. The total capital return value is set at 0.07. Equity return is now at value 52.72, with 3.54 for asset returns.
Based on Wendy’s Co (WEN), the company’s capital structure generated 0.9 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 9.14. The interest coverage ratio of the stock is 3.05.
Currently, EBITDA for the company is 526.5 million with net debt to EBITDA at 6.31. When we switch over and look at the enterprise to sales, we see a ratio of 3.38. The receivables turnover for the company is 10.99for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.19.
Conclusion
In conclusion, Wendy’s Co (WEN) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
