In Wednesday’s Wall Street session, Wendy’s Co (NASDAQ:WEN) shares traded at $12.54, down -4.78% from the previous session.
WEN stock price is now -14.52% away from the 50-day moving average and -24.46% away from the 200-day moving average. The market capitalization of the company currently stands at $2.46B.
On January 21, 2025, Morgan Stanley Downgraded its previous ‘Equal-Weight’ rating to ‘Underweight’ on the stock reducing its target price from $22 to quote $14, while ‘Goldman’ rates the stock as ‘Sell’
In other news, GILBERT KENNETH W, Director sold 3,500 shares of the company’s stock on Mar 04 ’25. The stock was sold for $52,991 at an average price of $15.14. Upon completion of the transaction, the Director now directly owns 27,804 shares in the company, valued at $0.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Director KENNETH W GILBERT bought 3,500 shares of the business’s stock. A total of $52,991 was incurred on buying the stock at an average price of $15.14. A total of 8.99% of the company’s stock is owned by insiders.
During the past 12 months, Wendy’s Co has had a low of $12.05 and a high of $20.65. As of last week, the company has a debt-to-equity ratio of 15.78, a current ratio of 1.85, and a quick ratio of 1.83. According to the stock market information, the enterprise value for the company is $6156136960, which is based on a 13.26 price-to-earnings ratio, a 1.80 price-to-earnings-growth ratio, and a beta of 0.41. The fifty day moving average price for WEN is $14.6698 and a two-hundred day moving average price translates $16.60015 for the stock.
The latest earnings results from Wendy’s Co (NASDAQ: WEN) was released for 2024-12-29. The net profit margin was 8.65% and return on equity was 68.30% for WEN. The company reported revenue of $574.27 million for the quarter, compared to $540.65 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.22 percent.
