Shares of Wendy’s Company (The) (NASDAQ:WEN) have been assigned a consensus recommendation of “Hold” from the twenty analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $15.99.

Several brokerages have issued reports on WEN. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $18.00 price objective on shares of Wendy’s Company (The) in a research report on Monday, October 2nd. Zacks Investment Research upgraded Wendy’s Company (The) from a “sell” rating to a “hold” rating in a research report on Thursday, October 12th. BidaskClub upgraded Wendy’s Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, September 18th. Royal Bank Of Canada reiterated a “hold” rating and issued a $16.00 price objective on shares of Wendy’s Company (The) in a research report on Friday, August 11th. Finally, Wedbush reiterated a “hold” rating on shares of Wendy’s Company (The) in a research report on Wednesday, August 9th.

Wendy’s Company (NASDAQ WEN) traded down 0.53% on Wednesday, hitting $15.10. The stock had a trading volume of 2,198,002 shares. Wendy’s Company has a 1-year low of $10.62 and a 1-year high of $16.66. The firm has a market cap of $3.68 billion, a P/E ratio of 39.22 and a beta of 0.99. The firm’s 50-day moving average price is $15.29 and its 200-day moving average price is $15.32.

Wendy’s Company (The) (NASDAQ:WEN) last issued its quarterly earnings data on Wednesday, November 8th. The restaurant operator reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.01). Wendy’s Company (The) had a net margin of 7.68% and a return on equity of 19.67%. On average, equities research analysts predict that Wendy’s Company will post $0.47 earnings per share for the current year.

In related news, insider E.J. Wunsch sold 3,548 shares of Wendy’s Company (The) stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of $15.43, for a total transaction of $54,745.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 26.50% of the stock is owned by insiders.

Large investors have recently bought and sold shares of the business. WFG Advisors LP grew its stake in Wendy’s Company (The) by 50.2% in the second quarter. WFG Advisors LP now owns 7,017 shares of the restaurant operator’s stock valued at $109,000 after acquiring an additional 2,344 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Wendy’s Company (The) by 10.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,495 shares of the restaurant operator’s stock valued at $116,000 after acquiring an additional 692 shares during the period. Riverhead Capital Management LLC grew its stake in Wendy’s Company (The) by 75.7% in the second quarter. Riverhead Capital Management LLC now owns 9,312 shares of the restaurant operator’s stock valued at $144,000 after acquiring an additional 4,012 shares during the period. Sigma Planning Corp grew its stake in Wendy’s Company (The) by 0.5% in the second quarter. Sigma Planning Corp now owns 11,222 shares of the restaurant operator’s stock valued at $174,000 after acquiring an additional 51 shares during the period. Finally, Sheaff Brock Investment Advisors LLC acquired a new position in Wendy’s Company (The) in the second quarter valued at about $219,000. 76.35% of the stock is owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for Wendy`s Company (The) (NASDAQ:WEN)

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