Wendy’s Company (The) with ticker code (WEN) have now 22 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 29 and 20 suggesting an average Analsyt target price of $24.75. Given that the stocks previous close was at $22.10 this now indicates there is a potential upside of 12.0%. The day 50 moving average is $21.70 and the 200 moving average now moves to $21.29. The company has a market capitalization of $4,703m. Find out more information at: https://www.wendys.com
The potential market cap would be $5,267m based on the market consensus.
The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company in the United States and internationally. It operates through Wendy’s U.S., Wendy’s International, and Global Real Estate & Development segments. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. The company also owns and leases real estate properties. The company was formerly known as Wendy’s/Arby’s Group and changed its name to The Wendy’s Company in July 2011. The Wendy’s Company was founded in 1969 and is headquartered in Dublin, Ohio.
The company has a dividend yield of 4.52% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 27.05, revenue per share of 9.8 and a 3.96% return on assets.
