Analysts expect Wendy’s Company (The) (NASDAQ:WEN) to post sales of $315.65 million for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Wendy’s’ earnings, with the lowest sales estimate coming in at $309.14 million and the highest estimate coming in at $319.58 million. Wendy’s posted sales of $309.90 million during the same quarter last year, which suggests a positive year over year growth rate of 1.9%. The business is expected to report its next earnings report on Thursday, February 15th.

According to Zacks, analysts expect that Wendy’s will report full year sales of $315.65 million for the current year, with estimates ranging from $1.22 billion to $1.23 billion. For the next fiscal year, analysts forecast that the business will report sales of $1.27 billion per share, with estimates ranging from $1.24 billion to $1.31 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that follow Wendy’s.

Wendy’s (NASDAQ:WEN) last released its earnings results on Wednesday, November 8th. The restaurant operator reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). Wendy’s had a net margin of 5.20% and a return on equity of 20.35%. The firm had revenue of $308.00 million during the quarter. During the same period in the previous year, the company earned $0.11 earnings per share. The company’s quarterly revenue was down 15.4% compared to the same quarter last year.

Several research firms recently weighed in on WEN. Zacks Investment Research raised shares of Wendy’s from a “sell” rating to a “hold” rating in a research note on Thursday, October 12th. BidaskClub raised shares of Wendy’s from a “sell” rating to a “hold” rating in a research note on Monday, September 18th. SunTrust Banks reissued a “buy” rating and issued a $18.00 target price on shares of Wendy’s in a research note on Monday, October 2nd. Bank of America reissued a “neutral” rating and issued a $17.00 target price on shares of Wendy’s in a research note on Monday, August 14th. Finally, Stifel Nicolaus began coverage on shares of Wendy’s in a research note on Monday, October 2nd. They issued a “buy” rating and a $18.00 target price for the company. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $16.21.

Wendy’s (NASDAQ:WEN) traded up $0.20 during trading hours on Thursday, hitting $14.89. 6,676,842 shares of the company traded hands, compared to its average volume of 2,909,491. Wendy’s has a twelve month low of $12.40 and a twelve month high of $16.66. The company has a quick ratio of 1.78, a current ratio of 1.80 and a debt-to-equity ratio of 5.83. The company has a market capitalization of $3,434.35, a PE ratio of 34.58, a PEG ratio of 2.50 and a beta of 0.94.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.28 dividend on an annualized basis and a yield of 1.88%. Wendy’s’s dividend payout ratio (DPR) is 112.00%.

In other news, insider E.J. Wunsch sold 3,548 shares of the business’s stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $15.43, for a total value of $54,745.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Scott A. Weisberg bought 10,000 shares of Wendy’s stock in a transaction dated Monday, November 13th. The stock was acquired at an average cost of $14.29 per share, with a total value of $142,900.00. Following the transaction, the insider now owns 199,014 shares of the company’s stock, valued at approximately $2,843,910.06. The disclosure for this purchase can be found here. Insiders own 26.50% of the company’s stock.

Several institutional investors have recently made changes to their positions in WEN. FMR LLC bought a new stake in shares of Wendy’s in the first quarter valued at about $969,000. Teachers Advisors LLC boosted its position in shares of Wendy’s by 90.2% in the first quarter. Teachers Advisors LLC now owns 390,756 shares of the restaurant operator’s stock valued at $5,318,000 after acquiring an additional 185,334 shares during the period. Renaissance Technologies LLC bought a new stake in shares of Wendy’s in the first quarter valued at about $5,328,000. Bank of Montreal Can boosted its position in shares of Wendy’s by 317.9% in the second quarter. Bank of Montreal Can now owns 56,410 shares of the restaurant operator’s stock valued at $875,000 after acquiring an additional 42,913 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its position in shares of Wendy’s by 0.5% in the second quarter. Oregon Public Employees Retirement Fund now owns 71,111 shares of the restaurant operator’s stock valued at $1,103,000 after acquiring an additional 341 shares during the period. 76.43% of the stock is owned by institutional investors.

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Wendy’s Company Profile

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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