Equities analysts expect Wendy’s Company (The) (NASDAQ:WEN) to post earnings of $0.13 per share for the current quarter, according to Zacks. Four analysts have provided estimates for Wendy’s Company (The)’s earnings, with the highest EPS estimate coming in at $0.13 and the lowest estimate coming in at $0.12. Wendy’s Company (The) posted earnings per share of $0.10 in the same quarter last year, which would suggest a positive year over year growth rate of 30%. The company is expected to report its next earnings report before the market opens on Wednesday, August 9th.

According to Zacks, analysts expect that Wendy’s Company (The) will report full-year earnings of $0.47 per share for the current year, with EPS estimates ranging from $0.46 to $0.47. For the next fiscal year, analysts anticipate that the business will report earnings of $0.57 per share, with EPS estimates ranging from $0.55 to $0.61. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Wendy’s Company (The).

Wendy’s Company (The) (NASDAQ:WEN) last announced its earnings results on Wednesday, August 9th. The restaurant operator reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.05. Wendy’s Company (The) had a return on equity of 16.31% and a net margin of 9.43%.

WEN has been the subject of several research reports. Zacks Investment Research raised Wendy’s Company (The) from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Wednesday, April 19th. BMO Capital Markets initiated coverage on Wendy’s Company (The) in a report on Friday, April 21st. They set an “outperform” rating and a $17.00 price objective for the company. Vetr raised Wendy’s Company (The) from a “hold” rating to a “strong-buy” rating and set a $16.92 price objective for the company in a report on Wednesday, April 26th. Stephens lifted their price objective on Wendy’s Company (The) from $16.00 to $18.00 and gave the stock an “overweight” rating in a report on Thursday, May 11th. Finally, SunTrust Banks, Inc. set a $18.00 price objective on Wendy’s Company (The) and gave the stock a “buy” rating in a report on Thursday, May 11th. Nine equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Wendy’s Company (The) currently has a consensus rating of “Buy” and a consensus target price of $15.73.

In other Wendy’s Company (The) news, major shareholder Trian Partners Parallel Fund I sold 5,500,000 shares of the firm’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of $15.97, for a total transaction of $87,835,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 26.50% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in WEN. Norges Bank bought a new position in Wendy’s Company (The) during the fourth quarter valued at $22,615,000. Gateway Investment Advisers LLC increased its position in Wendy’s Company (The) by 38.3% in the first quarter. Gateway Investment Advisers LLC now owns 613,689 shares of the restaurant operator’s stock valued at $8,352,000 after buying an additional 169,793 shares during the last quarter. Oakbrook Investments LLC bought a new position in Wendy’s Company (The) during the first quarter valued at $235,000. Glen Harbor Capital Management LLC increased its position in Wendy’s Company (The) by 1.3% in the first quarter. Glen Harbor Capital Management LLC now owns 16,082 shares of the restaurant operator’s stock valued at $219,000 after buying an additional 204 shares during the last quarter. Finally, Pecaut & CO. bought a new position in Wendy’s Company (The) during the first quarter valued at $461,000. 77.76% of the stock is owned by institutional investors.

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Shares of Wendy’s Company (WEN) traded down 1.78% on Monday, hitting $15.42. The stock had a trading volume of 1,358,573 shares. The firm’s 50-day moving average is $15.53 and its 200-day moving average is $14.65. Wendy’s Company has a one year low of $9.39 and a one year high of $16.66. The company has a market cap of $3.78 billion, a price-to-earnings ratio of 31.28 and a beta of 0.97.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.78%. The ex-dividend date is Wednesday, August 30th. Wendy’s Company (The)’s payout ratio is 58.33%.

About Wendy’s Company (The)

The Wendy’s Company is the parent company of subsidiary holding company Wendy’s Restaurants, LLC (Wendy’s Restaurants). Wendy’s Restaurants is the parent company of Wendy’s International, LLC (Wendy’s), which is the owner and franchisor of the Wendy’s restaurant system in the United States. Wendy’s is a restaurant company specializing in the hamburger sandwich segment.

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