Wendys (WEN) to Release Earnings on Wednesday

Wendys (NASDAQ:WEN) will release its earnings data after the market closes on Wednesday, February 21st. Analysts expect Wendys to post earnings of $0.12 per share for the quarter.

Wendys (WEN) opened at $15.47 on Wednesday. The company has a market capitalization of $3,792.80, a PE ratio of 61.88, a P/E/G ratio of 1.75 and a beta of 0.82. Wendys has a 1-year low of $13.03 and a 1-year high of $17.66. The company has a quick ratio of 1.78, a current ratio of 1.80 and a debt-to-equity ratio of 5.83.

A number of brokerages recently commented on WEN. Wells Fargo & Co increased their price target on Wendys from $15.50 to $16.00 and gave the company a “market perform” rating in a report on Monday. BidaskClub raised Wendys from a “strong sell” rating to a “sell” rating in a report on Saturday. Barclays reissued an “overweight” rating and issued a $20.00 price target (up previously from $17.00) on shares of Wendys in a report on Tuesday, January 16th. Longbow Research downgraded Wendys from a “buy” rating to a “neutral” rating and set a $18.00 price target for the company. in a report on Friday, January 12th. They noted that the move was a valuation call. Finally, SunTrust Banks increased their target price on Wendys to $22.00 in a report on Wednesday, January 3rd. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the stock. Wendys presently has an average rating of “Hold” and a consensus target price of $17.07.

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About Wendys

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.

Earnings History for Wendys (NASDAQ:WEN)

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